New Risk • May 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.52b (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Revenue has declined by 4.0% over the past year. Market cap is less than US$10m (JP¥1.52b market cap, or US$9.54m). Minor Risk Revenue is less than US$5m (JP¥485m revenue, or US$3.0m). Ankündigung • Mar 12
TRaaS On Product Inc., Annual General Meeting, Apr 23, 2026 TRaaS On Product Inc., Annual General Meeting, Apr 23, 2026. New Risk • Dec 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.1% 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 Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$10m (JP¥1.46b market cap, or US$9.46m). Ankündigung • Oct 23
TRaaS On Product Inc. to Report Q3, 2026 Results on Dec 04, 2025 TRaaS On Product Inc. announced that they will report Q3, 2026 results on Dec 04, 2025 New Risk • Sep 09
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 8.1% 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 Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.08b market cap, or US$14.2m). Ankündigung • Jun 29
TRaaS On Product Inc. to Report Q2, 2026 Results on Sep 09, 2025 TRaaS On Product Inc. announced that they will report Q2, 2026 results on Sep 09, 2025 Board Change • May 01
Insufficient new 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. 3 highly experienced directors. Director Yasuhito Suzue was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 01
TRaaS On Product Inc. to Report Q1, 2026 Results on Jun 05, 2025 TRaaS On Product Inc. announced that they will report Q1, 2026 results on Jun 05, 2025 Ankündigung • Mar 13
TRaaS On Product Inc., Annual General Meeting, Apr 24, 2025 TRaaS On Product Inc., Annual General Meeting, Apr 24, 2025. Ankündigung • Jan 19
TRaaS On Product Inc. to Report Fiscal Year 2025 Results on Mar 13, 2025 TRaaS On Product Inc. announced that they will report fiscal year 2025 results on Mar 13, 2025 Ankündigung • Oct 04
TRaaS On Product Inc. to Report Q3, 2025 Results on Dec 06, 2024 TRaaS On Product Inc. announced that they will report Q3, 2025 results on Dec 06, 2024 Ankündigung • Jun 30
TRaaS On Product Inc. to Report Q2, 2025 Results on Sep 10, 2024 TRaaS On Product Inc. announced that they will report Q2, 2025 results on Sep 10, 2024 Ankündigung • Apr 27
TRaaS On Product Inc. to Report Q1, 2025 Results on Jun 07, 2024 TRaaS On Product Inc. announced that they will report Q1, 2025 results on Jun 07, 2024 New Risk • Apr 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 11% 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 Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (JP¥1.62b market cap, or US$10.7m). Ankündigung • Mar 15
TRaaS On Product Inc., Annual General Meeting, Apr 23, 2024 TRaaS On Product Inc., Annual General Meeting, Apr 23, 2024. Ankündigung • Jan 19
TRaaS On Product Inc. to Report Fiscal Year 2024 Results on Mar 13, 2024 TRaaS On Product Inc. announced that they will report fiscal year 2024 results on Mar 13, 2024 New Risk • Jan 18
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 7.8% 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 Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Share price has been highly volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$10m (JP¥1.35b market cap, or US$9.10m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). New Risk • Nov 10
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 8.7% 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 Latest financial reports are more than 1 year old (reported January 2021 fiscal period end). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$10m (JP¥1.34b market cap, or US$8.84m). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). Ankündigung • Oct 22
TRaaS On Product Inc. to Report Q3, 2024 Results on Dec 07, 2023 TRaaS On Product Inc. announced that they will report Q3, 2024 results on Dec 07, 2023 Ankündigung • Jan 07
TRaaS On Product Inc. to Report Fiscal Year 2023 Results on Mar 07, 2023 TRaaS On Product Inc. announced that they will report fiscal year 2023 results on Mar 07, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Ankündigung • Oct 13
TRaaS On Product Inc. to Report Q3, 2023 Results on Dec 06, 2022 TRaaS On Product Inc. announced that they will report Q3, 2023 results on Dec 06, 2022 Ankündigung • Jul 28
TRaaS On Product Inc. to Report Q2, 2023 Results on Sep 06, 2022 TRaaS On Product Inc. announced that they will report Q2, 2023 results on Sep 06, 2022 Ankündigung • May 12
TRaaS On Product Inc. to Report Q1, 2023 Results on Jun 07, 2022 TRaaS On Product Inc. announced that they will report Q1, 2023 results on Jun 07, 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. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Ankündigung • Apr 08
P3, Inc., Annual General Meeting, Apr 26, 2022 P3, Inc., Annual General Meeting, Apr 26, 2022. Ankündigung • Jan 30
P3, Inc. to Report Fiscal Year 2022 Final Results on Mar 08, 2022 P3, Inc. announced that they will report fiscal year 2022 final results on Mar 08, 2022 Ankündigung • Mar 12
P3, Inc., Annual General Meeting, Apr 22, 2021 P3, Inc., Annual General Meeting, Apr 22, 2021. Reported Earnings • Mar 11
Full year 2021 earnings released: JP¥104 loss per share (vs JP¥38.56 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¥586.0m (down 25% from FY 2020). Net loss: JP¥367.0m (loss widened 201% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 11
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 101%. Over the next year, revenue is forecast to grow 45%, compared to a 33% growth forecast for the Communications industry in Japan. Ankündigung • Mar 11
Hidehiko Fujiyoshi agreed to acquire Tranzas Asia Pacific Pte Ltd from P3, Inc. (TSE:6696) for ¥12.8 million in a management buyout transaction. Hidehiko Fujiyoshi agreed to acquire Tranzas Asia Pacific Pte Ltd from P3, Inc. (TSE:6696) for ¥12.8 million in a management buyout transaction on March 9, 2021. As per terms, all 1.56 million shares will be acquired. For the year ended January 31, 2021, Tranzas Asia Pacific Pte Ltd reported revenues of ¥1.9 million, total assets of ¥43.3 million, net profit of ¥41.8 million, operating profit of ¥31.6 million and net assets of ¥12.8 million. The Board of P3, Inc. resolved the deal on March 9, 2021. The agreement is expected to close on March 31, 2021. The impact of the transaction on his consolidated earnings forecast for the fiscal year ending January 2022 will be minor. Stewart McLaren Inc. acted as valuer in the deal. Is New 90 Day High Low • Feb 24
New 90-day low: JP¥873 The company is down 29% from its price of JP¥1,235 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 2.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day low: JP¥902 The company is down 51% from its price of JP¥1,850 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 Communications industry, which is down 1.0% over the same period. Ankündigung • Jan 01
P3, Inc. to Report Fiscal Year 2021 Results on Mar 09, 2021 P3, Inc. announced that they will report fiscal year 2021 results on Mar 09, 2021 Is New 90 Day High Low • Dec 28
New 90-day low: JP¥910 The company is down 13% from its price of JP¥1,044 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period. Reported Earnings • Dec 01
Third quarter 2021 earnings released: JP¥30.07 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¥83.0m (down 19% from 3Q 2020). Net loss: JP¥110.0m (loss widened 125% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Ankündigung • Sep 12
P3, Inc. to Report Q2, 2021 Results on Sep 08, 2020 P3, Inc. announced that they will report Q2, 2021 results on Sep 08, 2020