Reported Earnings • Aug 01
First quarter 2027 earnings released: EPS: JP¥2.02 (vs JP¥2.79 in 1Q 2026) First quarter 2027 results: EPS: JP¥2.02 (down from JP¥2.79 in 1Q 2026). Revenue: JP¥1.66b (down 14% from 1Q 2026). Net income: JP¥18.0m (down 22% from 1Q 2026). Profit margin: 1.1% (down from 1.2% in 1Q 2026). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 27
Striders Corporation to Report Q1, 2027 Results on Jul 31, 2026 Striders Corporation announced that they will report Q1, 2027 results on Jul 31, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥23.48 (vs JP¥5.26 in FY 2025) Full year 2026 results: EPS: JP¥23.48 (up from JP¥5.26 in FY 2025). Revenue: JP¥8.21b (up 5.5% from FY 2025). Net income: JP¥205.0m (up 377% from FY 2025). Profit margin: 2.5% (up from 0.6% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Ankündigung • May 15
Striders Corporation, Annual General Meeting, Jun 19, 2026 Striders Corporation, Annual General Meeting, Jun 19, 2026. Ankündigung • May 10
Striders Corporation to Report Fiscal Year 2026 Results on May 15, 2026 Striders Corporation 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¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.2%). Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: JP¥5.51 (vs JP¥7.48 in 3Q 2025) Third quarter 2026 results: EPS: JP¥5.51 (down from JP¥7.48 in 3Q 2025). Revenue: JP¥2.10b (up 5.6% from 3Q 2025). Net income: JP¥49.0m (down 20% from 3Q 2025). Profit margin: 2.3% (down from 3.1% 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 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Dec 26
Striders Corporation to Report Q3, 2026 Results on Feb 06, 2026 Striders Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 New Risk • Nov 21
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 8.4% 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 Risks Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 10.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.09b market cap, or US$19.7m). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥337, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 11x in the Real Estate industry in Japan. Total returns to shareholders of 63% over the past three years. Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: JP¥4.05 (vs JP¥8.13 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.05 (up from JP¥8.13 loss in 2Q 2025). Revenue: JP¥1.97b (up 4.8% from 2Q 2025). Net income: JP¥36.0m (up JP¥102.7m from 2Q 2025). Profit margin: 1.8% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Ankündigung • Oct 01
Striders Corporation to Report Q2, 2026 Results on Nov 10, 2025 Striders Corporation announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 05
First quarter 2026 earnings released: EPS: JP¥2.79 (vs JP¥2.27 in 1Q 2025) First quarter 2026 results: EPS: JP¥2.79 (up from JP¥2.27 in 1Q 2025). Revenue: JP¥1.94b (flat on 1Q 2025). Net income: JP¥23.0m (up 23% from 1Q 2025). Profit margin: 1.2% (up from 1.0% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Jun 25
Full year 2025 earnings released: EPS: JP¥5.26 (vs JP¥9.84 in FY 2024) Full year 2025 results: EPS: JP¥5.26 (down from JP¥9.84 in FY 2024). Revenue: JP¥7.79b (up 1.4% from FY 2024). Net income: JP¥43.0m (down 48% from FY 2024). Profit margin: 0.6% (down from 1.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Jun 09
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 7.4% 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: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥2.29b market cap, or US$15.9m). Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥5.26 (vs JP¥9.84 in FY 2024) Full year 2025 results: EPS: JP¥5.26 (down from JP¥9.84 in FY 2024). Revenue: JP¥7.79b (up 1.4% from FY 2024). Net income: JP¥43.0m (down 48% from FY 2024). Profit margin: 0.6% (down from 1.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Ankündigung • May 15
Striders Corporation, Annual General Meeting, Jun 20, 2025 Striders Corporation, Annual General Meeting, Jun 20, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥195, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total loss to shareholders of 4.0% over the past three years. Ankündigung • Mar 27
Striders Corporation to Report Fiscal Year 2025 Results on May 15, 2025 Striders Corporation announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥7.48 (vs JP¥0.36 in 3Q 2024) Third quarter 2025 results: EPS: JP¥7.48 (up from JP¥0.36 in 3Q 2024). Revenue: JP¥1.99b (up 3.3% from 3Q 2024). Net income: JP¥61.0m (up JP¥58.0m from 3Q 2024). Profit margin: 3.1% (up from 0.2% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Ankündigung • Jan 17
Striders Corporation to Report Q3, 2025 Results on Feb 12, 2025 Striders Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings released: JP¥8.13 loss per share (vs JP¥1.32 loss in 2Q 2024) Second quarter 2025 results: JP¥8.13 loss per share (further deteriorated from JP¥1.32 loss in 2Q 2024). Revenue: JP¥1.88b (down 1.4% from 2Q 2024). Net loss: JP¥66.7m (loss widened JP¥55.7m from 2Q 2024). 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 7% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 01
Striders Corporation to Report Q2, 2025 Results on Nov 11, 2024 Striders Corporation announced that they will report Q2, 2025 results on Nov 11, 2024 Ankündigung • Aug 25
Striders Corporation (TSE:9816) announces an Equity Buyback for 100,000 shares, representing 1.22% for ¥30 million. Striders Corporation (TSE:9816) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.22% of its share capital, for ¥30 million. The company will repurchase its shares in order to improve capital efficiency by comprehensively considering the recent weak stock market conditions and our stock price trends. The program will run until August 25, 2025. As of July 31, 2024, the company had 8,222,120 shares outstanding (excluding treasury shares) and 689,969 shares in treasury. New Risk • Aug 05
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 8.9% 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 Risks Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 4.1% per year over the past 5 years. Market cap is less than US$10m (JP¥1.28b market cap, or US$9.02m). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 04
First quarter 2025 earnings released: EPS: JP¥2.19 (vs JP¥1.19 in 1Q 2024) First quarter 2025 results: EPS: JP¥2.19 (up from JP¥1.19 in 1Q 2024). Revenue: JP¥1.94b (up 4.8% from 1Q 2024). Net income: JP¥18.0m (up 80% from 1Q 2024). Profit margin: 0.9% (up from 0.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 21
Striders Corporation to Report Q1, 2025 Results on Aug 02, 2024 Striders Corporation announced that they will report Q1, 2025 results on Aug 02, 2024 Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥9.84 (vs JP¥14.00 in FY 2023) Full year 2024 results: EPS: JP¥9.84 (down from JP¥14.00 in FY 2023). Revenue: JP¥7.68b (up 4.2% from FY 2023). Net income: JP¥82.0m (down 31% from FY 2023). Profit margin: 1.1% (down from 1.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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. New Risk • Jun 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (JP¥1.87b market cap, or US$12.0m). Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥9.84 (vs JP¥14.00 in FY 2023) Full year 2024 results: EPS: JP¥9.84 (down from JP¥14.00 in FY 2023). Revenue: JP¥7.68b (up 4.2% from FY 2023). Net income: JP¥82.0m (down 31% from FY 2023). Profit margin: 1.1% (down from 1.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% 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 17
Striders Corporation, Annual General Meeting, Jun 21, 2024 Striders Corporation, Annual General Meeting, Jun 21, 2024. Ankündigung • Mar 28
Striders Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Striders Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Ankündigung • Mar 21
Naoki Uchimura agreed to acquire Masuda Seimen Co., Ltd. from Striders Corporation (TSE:9816). Naoki Uchimura agreed to acquire Masuda Seimen Co., Ltd. from Striders Corporation (TSE:9816) on March 19, 2024. Masuda Seimen reported net assets of ¥8.7 million, total assets of ¥71.6 million, sales of ¥91.1 million, operating loss of ¥2.6 million and net loss of ¥32.4 million for the fiscal year ending March 2023. The transaction was resolved by the Board of Directors of Striders Corporation and is expected to complete on March 21, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.2%). Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥0.36 (vs JP¥4.16 in 3Q 2023) Third quarter 2024 results: EPS: JP¥0.36 (down from JP¥4.16 in 3Q 2023). Revenue: JP¥1.93b (flat on 3Q 2023). Net income: JP¥3.00m (down 91% from 3Q 2023). Profit margin: 0.2% (down from 1.8% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year. Ankündigung • Dec 23
Striders Corporation to Report Q3, 2024 Results on Feb 14, 2024 Striders Corporation announced that they will report Q3, 2024 results on Feb 14, 2024 Ankündigung • Dec 06
Striders Corporation (TSE:9816) announces an Equity Buyback for 100,000 shares, representing 1.2% for ¥30 million. Striders Corporation (TSE:9816) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.2% of its share capital, for ¥30 million. The company will repurchase its shares in order to improve capital efficiency by comprehensively considering the recent weak stock market conditions and our stock price trends. The program will run until December 5, 2024. As of November 30, 2023, the company had 8,299,230 shares outstanding (excluding treasury shares) and 612,859 shares in treasury. Reported Earnings • Nov 16
Second quarter 2024 earnings released: JP¥1.32 loss per share (vs JP¥2.61 profit in 2Q 2023) Second quarter 2024 results: JP¥1.32 loss per share (down from JP¥2.61 profit in 2Q 2023). Revenue: JP¥1.91b (up 6.2% from 2Q 2023). Net loss: JP¥11.0m (down 150% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Ankündigung • Oct 01
Striders Corporation to Report Q2, 2024 Results on Nov 13, 2023 Striders Corporation announced that they will report Q2, 2024 results on Nov 13, 2023 New Risk • Aug 14
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: 1.5% Last year net profit margin: 2.2% 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 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 (6.6% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (JP¥2.01b market cap, or US$13.9m). Reported Earnings • Aug 14
First quarter 2024 earnings released: EPS: JP¥1.19 (vs JP¥2.25 in 1Q 2023) First quarter 2024 results: EPS: JP¥1.19 (down from JP¥2.25 in 1Q 2023). Revenue: JP¥1.85b (up 3.0% from 1Q 2023). Net income: JP¥10.0m (down 47% from 1Q 2023). Profit margin: 0.5% (down from 1.1% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥266, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 10x in the Real Estate industry in Japan. Total loss to shareholders of 2.2% over the past three years. Reported Earnings • May 19
Full year 2023 earnings released: EPS: JP¥14.00 (vs JP¥19.80 in FY 2022) Full year 2023 results: EPS: JP¥14.00 (down from JP¥19.80 in FY 2022). Revenue: JP¥7.37b (down 1.8% from FY 2022). Net income: JP¥118.0m (down 30% from FY 2022). Profit margin: 1.6% (down from 2.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥4.16 (vs JP¥10.61 in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.16 (down from JP¥10.61 in 3Q 2022). Revenue: JP¥1.94b (down 1.8% from 3Q 2022). Net income: JP¥35.0m (down 61% from 3Q 2022). Profit margin: 1.8% (down from 4.6% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Ankündigung • Feb 14
Striders Corporation (TSE:9816) announces an Equity Buyback for 100,000 shares, representing 1.19% for ¥30 million. Striders Corporation (TSE:9816) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.19% of its share capital, for ¥30 million. The company will repurchase its shares in order to improve capital efficiency by comprehensively considering the recent weak stock market conditions and our stock price trends. The program will run until February 9, 2024. As of January 31, 2023, the company had 8,398,680 shares outstanding (excluding treasury shares) and 513,409 shares in treasury. Ankündigung • Dec 29
Striders Corporation to Report Q3, 2023 Results on Feb 13, 2023 Striders Corporation announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥2.61 (vs JP¥2.59 in 2Q 2022) Second quarter 2023 results: EPS: JP¥2.61 (up from JP¥2.59 in 2Q 2022). Revenue: JP¥1.79b (down 6.9% from 2Q 2022). Net income: JP¥22.0m (flat on 2Q 2022). Profit margin: 1.2% (up from 1.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. 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. 4 experienced directors. 4 highly experienced directors. 1 independent director (4 non-independent directors). Independent Outside Director Tai Suzuki was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥2.61 (vs JP¥2.59 in 2Q 2022) Second quarter 2023 results: EPS: JP¥2.61 (up from JP¥2.59 in 2Q 2022). Revenue: JP¥1.79b (down 6.9% from 2Q 2022). Net income: JP¥22.0m (flat on 2Q 2022). Profit margin: 1.2% (up from 1.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Ankündigung • Oct 01
Striders Corporation to Report Q2, 2023 Results on Nov 11, 2022 Striders Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥2.83 in 1Q 2022) First quarter 2023 results: EPS: JP¥2.25 (down from JP¥2.83 in 1Q 2022). Revenue: JP¥1.79b (flat on 1Q 2022). Net income: JP¥19.0m (down 21% from 1Q 2022). Profit margin: 1.1% (down from 1.3% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Ankündigung • Jul 13
Striders Corporation to Report Q1, 2023 Results on Aug 12, 2022 Striders Corporation announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 17
Full year 2022 earnings released: EPS: JP¥19.80 (vs JP¥13.45 in FY 2021) Full year 2022 results: EPS: JP¥19.80 (up from JP¥13.45 in FY 2021). Revenue: JP¥7.51b (down 28% from FY 2021). Net income: JP¥168.0m (up 47% from FY 2021). Profit margin: 2.2% (up from 1.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Ankündigung • May 15
Striders Corporation, Annual General Meeting, Jun 23, 2022 Striders Corporation, Annual General Meeting, Jun 23, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Tai Suzuki was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 08
Striders Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Striders Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%). Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥10.60 (up from JP¥5.43 in 3Q 2021). Revenue: JP¥1.97b (down 13% from 3Q 2021). Net income: JP¥90.0m (up 96% from 3Q 2021). Profit margin: 4.6% (up from 2.0% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Ankündigung • Feb 11
Striders Corporation (JASDAQ:9816) announces an Equity Buyback for 100,000 shares, representing 1.18% for ¥30 million. Striders Corporation (JASDAQ:9816) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.18% of its share capital, for ¥30 million. The company will repurchase its shares in order to improve capital efficiency by comprehensively considering the recent weak stock market conditions and our stock price trends. The program will run until May 13, 2022. As of December 31, 2021, the company had 8,486,950 shares outstanding (excluding treasury shares) and 425,139 shares in treasury. Reported Earnings • Nov 12
Second quarter 2022 earnings released: EPS JP¥2.59 (vs JP¥10.86 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.93b (down 44% from 2Q 2021). Net income: JP¥22.0m (down 76% from 2Q 2021). Profit margin: 1.1% (down from 2.7% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 13
First quarter 2022 earnings released: EPS JP¥2.83 (vs JP¥1.18 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¥1.80b (down 29% from 1Q 2021). Net income: JP¥24.0m (up JP¥34.0m from 1Q 2021). Profit margin: 1.3% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 24
Full year 2021 earnings released: EPS JP¥13.45 (vs JP¥17.47 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥10.5b (down 21% from FY 2020). Net income: JP¥114.0m (down 25% from FY 2020). Profit margin: 1.1% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥13.45 (vs JP¥17.47 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥10.5b (down 21% from FY 2020). Net income: JP¥114.0m (down 25% from FY 2020). Profit margin: 1.1% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than 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: 22 June 2021. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (2.1%). Is New 90 Day High Low • Feb 18
New 90-day low: JP¥300 The company is down 20% from its price of JP¥376 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 9.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥5.43 (vs JP¥5.93 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: JP¥2.27b (down 46% from 3Q 2020). Net income: JP¥46.0m (down 9.8% from 3Q 2020). Profit margin: 2.0% (up from 1.2% in 3Q 2020). The increase in margin was driven by lower expenses. 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 13% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 29
New 90-day low: JP¥302 The company is down 18% from its price of JP¥367 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥318, the stock is trading at a trailing P/E ratio of 30.8x, down from the previous P/E ratio of 37.5x. This compares to an average P/E of 13x in the Real Estate industry in Japan. Total return to shareholders over the past three years is a loss of 34%. Is New 90 Day High Low • Jan 05
New 90-day low: JP¥328 The company is down 26% from its price of JP¥443 on 07 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period. Ankündigung • Dec 05
Striders Corporation to Report Q3, 2021 Results on Feb 10, 2021 Striders Corporation announced that they will report Q3, 2021 results on Feb 10, 2021 Reported Earnings • Nov 15
Second quarter 2021 earnings released: EPS JP¥10.86 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.41b (up 14% from 2Q 2020). Net income: JP¥92.0m (up 24% from 2Q 2020). Profit margin: 2.7% (up from 2.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% 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. Valuation Update With 7 Day Price Move • Oct 26
Market pulls back on stock over the past week After last week's 17% share price decline to JP¥421, the stock is trading at a trailing P/E ratio of 51.5x, down from the previous P/E ratio of 62.4x. This compares to an average P/E of 12x in the Real Estate industry in Japan. Total return to shareholders over the past three years is a loss of 18%. Is New 90 Day High Low • Oct 19
New 90-day high: JP¥510 The company is up 102% from its price of JP¥252 on 21 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day high: JP¥395 The company is up 58% from its price of JP¥250 on 02 July 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 7.0% over the same period. Ankündigung • Sep 03
Striders Corporation to Report Q2, 2021 Results on Nov 11, 2020 Striders Corporation announced that they will report Q2, 2021 results on Nov 11, 2020 Ankündigung • Jul 17
An unknown buyer entered into an agreement to acquire a 99.8% stake in Kurashiki Royal Art Hotel Co., Ltd. from Striders Corporation (JASDAQ:9816). An unknown buyer entered into an agreement to acquire a 99.8% stake in Kurashiki Royal Art Hotel Co., Ltd. from Striders Corporation (JASDAQ:9816) on July 9, 2020. The consideration will be paid in cash. In the year ended March 31, 2020 Kurashiki Royal Art Hotel Co., Ltd. reported net worth of ¥23 million, total assets of ¥493 million, sales of ¥587.57 million, operating income of ¥6.4 million and net loss of ¥11 million. Board of directors of Striders Corporation resolved the transaction on July 3, 2020. The share transfer date is July 20, 2020.