Reported Earnings • Mar 19
Second quarter 2026 earnings released: EPS: JP¥0.94 (vs JP¥0.70 in 2Q 2025) Second quarter 2026 results: EPS: JP¥0.94 (up from JP¥0.70 in 2Q 2025). Revenue: JP¥1.33b (up 41% from 2Q 2025). Net income: JP¥16.0m (up 33% from 2Q 2025). Profit margin: 1.2% (down from 1.3% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Jan 28
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 9.6% 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 Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.61b market cap, or US$23.7m). Anuncio • Jan 06
Crossfor Co.,Ltd. announced that it has received ¥1.435676 million in funding from Growth Partners Co., Ltd. On January 5, 2026, the Crossfor Co.,Ltd closed the transaction. Anuncio • Dec 17
Crossfor Co.,Ltd. announced that it expects to receive ¥701.435676 million in funding from Growth Partners Co., Ltd. Crossfor Co.,Ltd announced a private placement to issue 21,428 units of series 6 stock acquisition rights at a price of ¥67 per stock acquisition right for aggregate proceeds of ¥1,435,676 and 1st Series of Unsecured Convertible Bonds for aggregate proceeds of ¥700,000,000, total gross proceeds amounting to 701,435,676 on December 15, 2025. The initial exercise price of the stock acquisition rights will be ¥140 and will have an exercise period from January 6, 2026 to January 5, 2031. The initial conversion price for the bonds will be ¥140, a maturity date of January 5, 2031 and will carry interest at a rate of 0.25% per annum. The transaction has been approved by the board of directors, is expected to close on January 5, 2026 and will include participation from GP Listed Company Investment Fund L.P. Reported Earnings • Dec 16
First quarter 2026 earnings released: EPS: JP¥0.47 (vs JP¥0.29 in 1Q 2025) First quarter 2026 results: EPS: JP¥0.47 (up from JP¥0.29 in 1Q 2025). Revenue: JP¥1.27b (up 45% from 1Q 2025). Net income: JP¥8.00m (up 60% from 1Q 2025). Profit margin: 0.6% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Anuncio • Oct 31
Crossfor Co.,Ltd. to Report Q1, 2026 Results on Dec 15, 2025 Crossfor Co.,Ltd. announced that they will report Q1, 2026 results on Dec 15, 2025 New Risk • Sep 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risk Market cap is less than US$100m (JP¥2.81b market cap, or US$19.1m). Reported Earnings • Sep 14
Full year 2025 earnings released: EPS: JP¥1.29 (vs JP¥1.65 in FY 2024) Full year 2025 results: EPS: JP¥1.29 (down from JP¥1.65 in FY 2024). Revenue: JP¥3.76b (up 10% from FY 2024). Net income: JP¥22.0m (down 21% from FY 2024). Profit margin: 0.6% (down from 0.8% 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 15% 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. Anuncio • Sep 12
Crossfor Co.,Ltd., Annual General Meeting, Oct 24, 2025 Crossfor Co.,Ltd., Annual General Meeting, Oct 24, 2025. Anuncio • Jul 30
Crossfor Co.,Ltd. to Report Fiscal Year 2025 Results on Sep 12, 2025 Crossfor Co.,Ltd. announced that they will report fiscal year 2025 results on Sep 12, 2025 Upcoming Dividend • Jul 23
Upcoming dividend of JP¥0.35 per share Eligible shareholders must have bought the stock before 30 July 2025. Payment date: 30 October 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (1.9%). Buy Or Sell Opportunity • Jul 08
Now 21% undervalued Over the last 90 days, the stock has risen 6.5% to JP¥165. The fair value is estimated to be JP¥209, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Jun 15
Third quarter 2025 earnings released: JP¥1.70 loss per share (vs JP¥4.01 profit in 3Q 2024) Third quarter 2025 results: JP¥1.70 loss per share (down from JP¥4.01 profit in 3Q 2024). Revenue: JP¥863.0m (down 4.3% from 3Q 2024). Net loss: JP¥29.0m (down 143% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Anuncio • Apr 29
Crossfor Co.,Ltd. to Report Q3, 2025 Results on Jun 13, 2025 Crossfor Co.,Ltd. announced that they will report Q3, 2025 results on Jun 13, 2025 New Risk • Apr 07
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 5.9% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.51b market cap, or US$17.1m). 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¥147, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 12x in the Luxury industry in Japan. Total loss to shareholders of 22% over the past three years. Reported Earnings • Mar 18
Second quarter 2025 earnings released: EPS: JP¥0.70 (vs JP¥2.66 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥0.70 (up from JP¥2.66 loss in 2Q 2024). Revenue: JP¥947.0m (up 13% from 2Q 2024). Net income: JP¥12.0m (up JP¥57.0m from 2Q 2024). Profit margin: 1.3% (up from net loss in 2Q 2024). 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 3% per year, which means it is well ahead of earnings. Anuncio • Jan 17
Crossfor Co.,Ltd. to Report Q2, 2025 Results on Mar 17, 2025 Crossfor Co.,Ltd. announced that they will report Q2, 2025 results on Mar 17, 2025 Reported Earnings • Dec 15
First quarter 2025 earnings released: EPS: JP¥0.29 (vs JP¥0.59 in 1Q 2024) First quarter 2025 results: EPS: JP¥0.29 (down from JP¥0.59 in 1Q 2024). Revenue: JP¥877.0m (up 10.0% from 1Q 2024). Net income: JP¥5.00m (down 50% from 1Q 2024). Profit margin: 0.6% (down from 1.3% in 1Q 2024). 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 8% per year, which means it has not declined as severely as earnings. Anuncio • Oct 01
Crossfor Co.,Ltd. to Report Q1, 2025 Results on Dec 13, 2024 Crossfor Co.,Ltd. announced that they will report Q1, 2025 results on Dec 13, 2024 Reported Earnings • Sep 17
Full year 2024 earnings released: EPS: JP¥1.65 (vs JP¥16.07 loss in FY 2023) Full year 2024 results: EPS: JP¥1.65 (up from JP¥16.07 loss in FY 2023). Revenue: JP¥3.41b (up 14% from FY 2023). Net income: JP¥28.0m (up JP¥300.0m from FY 2023). Profit margin: 0.8% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 41% 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. Anuncio • Sep 13
Crossfor Co.,Ltd., Annual General Meeting, Oct 29, 2024 Crossfor Co.,Ltd., Annual General Meeting, Oct 29, 2024. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥0.35 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 30 October 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%). Anuncio • Jul 04
Crossfor Co.,Ltd. to Report Fiscal Year 2024 Results on Sep 13, 2024 Crossfor Co.,Ltd. announced that they will report fiscal year 2024 results on Sep 13, 2024 Reported Earnings • Jun 16
Third quarter 2024 earnings released: EPS: JP¥4.01 (vs JP¥5.49 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥4.01 (up from JP¥5.49 loss in 3Q 2023). Revenue: JP¥902.0m (up 26% from 3Q 2023). Net income: JP¥68.0m (up JP¥161.0m from 3Q 2023). Profit margin: 7.5% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Anuncio • Apr 03
Crossfor Co.,Ltd. to Report Q3, 2024 Results on Jun 14, 2024 Crossfor Co.,Ltd. announced that they will report Q3, 2024 results on Jun 14, 2024 Reported Earnings • Mar 17
Second quarter 2024 earnings released: JP¥2.66 loss per share (vs JP¥5.38 loss in 2Q 2023) Second quarter 2024 results: JP¥2.66 loss per share (improved from JP¥5.38 loss in 2Q 2023). Revenue: JP¥838.0m (up 12% from 2Q 2023). Net loss: JP¥45.0m (loss narrowed 51% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Anuncio • Jan 31
Crossfor Co.,Ltd. to Report Q2, 2024 Results on Mar 15, 2024 Crossfor Co.,Ltd. announced that they will report Q2, 2024 results on Mar 15, 2024 Reported Earnings • Dec 16
First quarter 2024 earnings released: EPS: JP¥0.59 (vs JP¥1.66 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥0.59 (up from JP¥1.66 loss in 1Q 2023). Revenue: JP¥797.0m (up 5.8% from 1Q 2023). Net income: JP¥10.0m (up JP¥38.0m from 1Q 2023). Profit margin: 1.3% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Anuncio • Nov 01
Crossfor Co.,Ltd. to Report Q1, 2024 Results on Dec 15, 2023 Crossfor Co.,Ltd. announced that they will report Q1, 2024 results on Dec 15, 2023 Reported Earnings • Sep 18
Full year 2023 earnings released: JP¥16.07 loss per share (vs JP¥13.11 profit in FY 2022) Full year 2023 results: JP¥16.07 loss per share (down from JP¥13.11 profit in FY 2022). Revenue: JP¥3.01b (down 3.0% from FY 2022). Net loss: JP¥272.0m (down 223% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Anuncio • Sep 15
Crossfor Co.,Ltd., Annual General Meeting, Oct 27, 2023 Crossfor Co.,Ltd., Annual General Meeting, Oct 27, 2023. Anuncio • Jul 29
Crossfor Co.,Ltd. to Report Fiscal Year 2023 Results on Sep 14, 2023 Crossfor Co.,Ltd. announced that they will report fiscal year 2023 results on Sep 14, 2023 Upcoming Dividend • Jul 21
Upcoming dividend of JP¥0.75 per share at 0.6% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 30 October 2023. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.9%). New Risk • Jun 17
New major risk - Revenue and earnings growth Earnings have declined by 9.3% 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 9.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.90b market cap, or US$27.5m). Reported Earnings • Jun 16
Third quarter 2023 earnings released: JP¥5.49 loss per share (vs JP¥4.80 profit in 3Q 2022) Third quarter 2023 results: JP¥5.49 loss per share (down from JP¥4.80 profit in 3Q 2022). Revenue: JP¥715.0m (down 7.0% from 3Q 2022). Net loss: JP¥93.0m (down 215% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 18
Second quarter 2023 earnings released: JP¥5.38 loss per share (vs JP¥8.84 profit in 2Q 2022) Second quarter 2023 results: JP¥5.38 loss per share (down from JP¥8.84 profit in 2Q 2022). Revenue: JP¥750.0m (down 15% from 2Q 2022). Net loss: JP¥91.0m (down 161% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Anuncio • Jan 09
Crossfor Co.,Ltd. to Report Q2, 2023 Results on Mar 17, 2023 Crossfor Co.,Ltd. announced that they will report Q2, 2023 results on Mar 17, 2023 Reported Earnings • Dec 18
First quarter 2023 earnings released: JP¥1.66 loss per share (vs JP¥3.04 loss in 1Q 2022) First quarter 2023 results: JP¥1.66 loss per share (improved from JP¥3.04 loss in 1Q 2022). Revenue: JP¥753.0m (up 22% from 1Q 2022). Net loss: JP¥28.0m (loss narrowed 45% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 02
Full year 2022 earnings released: EPS: JP¥13.11 (vs JP¥6.74 loss in FY 2021) Full year 2022 results: EPS: JP¥13.11 (up from JP¥6.74 loss in FY 2021). Revenue: JP¥3.10b (up 10% from FY 2021). Net income: JP¥221.0m (up JP¥334.0m from FY 2021). Profit margin: 7.1% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Anuncio • Oct 02
Crossfor Co.,Ltd. to Report Q1, 2023 Results on Dec 15, 2022 Crossfor Co.,Ltd. announced that they will report Q1, 2023 results on Dec 15, 2022 Reported Earnings • Sep 18
Full year 2022 earnings released: EPS: JP¥13.11 (vs JP¥6.74 loss in FY 2021) Full year 2022 results: EPS: JP¥13.11 (up from JP¥6.74 loss in FY 2021). Revenue: JP¥3.10b (up 10% from FY 2021). Net income: JP¥221.0m (up JP¥334.0m from FY 2021). Profit margin: 7.1% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Anuncio • Sep 16
Crossfor Co.,Ltd., Annual General Meeting, Oct 27, 2022 Crossfor Co.,Ltd., Annual General Meeting, Oct 27, 2022. Anuncio • Jul 02
Crossfor Co.,Ltd. to Report Fiscal Year 2022 Results on Sep 14, 2022 Crossfor Co.,Ltd. announced that they will report fiscal year 2022 results on Sep 14, 2022 Reported Earnings • Jun 15
Third quarter 2022 earnings released: EPS: JP¥4.80 (vs JP¥0.95 in 3Q 2021) Third quarter 2022 results: EPS: JP¥4.80 (up from JP¥0.95 in 3Q 2021). Revenue: JP¥769.0m (down 2.9% from 3Q 2021). Net income: JP¥81.0m (up 406% from 3Q 2021). Profit margin: 11% (up from 2.0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 39% share price gain to JP¥214, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 13x in the Luxury industry in Japan. Total loss to shareholders of 26% over the past three years. Reported Earnings • Mar 18
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥8.84 (up from JP¥7.03 loss in 2Q 2021). Revenue: JP¥884.0m (up 35% from 2Q 2021). Net income: JP¥149.0m (up JP¥267.0m from 2Q 2021). Profit margin: 17% (up from net loss in 2Q 2021). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Anuncio • Jan 28
Crossfor Co.,Ltd. to Report Q2, 2022 Results on Mar 16, 2022 Crossfor Co.,Ltd. announced that they will report Q2, 2022 results on Mar 16, 2022 Reported Earnings • Dec 16
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: JP¥3.04 loss per share (up from JP¥3.29 loss in 1Q 2021). Revenue: JP¥615.0m (up 4.8% from 1Q 2021). Net loss: JP¥51.0m (loss narrowed 7.3% from 1Q 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 75 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 02
Full year 2021 earnings released: JP¥6.74 loss per share (vs JP¥36.53 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: JP¥2.81b (up 21% from FY 2020). Net loss: JP¥113.0m (loss narrowed 82% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 17
Full year 2021 earnings released: JP¥6.68 loss per share (vs JP¥36.53 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: JP¥2.81b (up 21% from FY 2020). Net loss: JP¥112.0m (loss narrowed 82% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 19
Third quarter 2021 earnings released: EPS JP¥0.95 (vs JP¥7.71 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¥792.0m (up 76% from 3Q 2020). Net income: JP¥16.0m (up JP¥145.0m from 3Q 2020). Profit margin: 2.0% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 18
Second quarter 2021 earnings released: JP¥7.03 loss per share (vs JP¥1.20 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥653.0m (down 16% from 2Q 2020). Net loss: JP¥118.0m (down JP¥138.0m from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance. Anuncio • Jan 07
Crossfor Co.,Ltd. to Report Q2, 2021 Results on Mar 12, 2021 Crossfor Co.,Ltd. announced that they will report Q2, 2021 results on Mar 12, 2021 Reported Earnings • Dec 17
First quarter 2021 earnings released: JP¥3.29 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: JP¥587.0m (down 26% from 1Q 2020). Net loss: JP¥55.0m (down 277% from profit in 1Q 2020). Is New 90 Day High Low • Dec 09
New 90-day low: JP¥279 The company is down 11% from its price of JP¥314 on 10 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 09
New 90-day low: JP¥292 The company is down 6.0% from its price of JP¥311 on 11 August 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period. Is New 90 Day High Low • Oct 16
New 90-day low: JP¥299 The company is down 15% from its price of JP¥352 on 17 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period. Reported Earnings • Sep 19
Full year earnings released - JP¥36.53 loss per share Over the last 12 months the company has reported total losses of JP¥611.0m, with earnings decreasing by JP¥623.7m from the prior year. Total revenue was JP¥2.32b over the last 12 months, down 33% from the prior year. Anuncio • Aug 03
Crossfor Co.,Ltd. to Report Fiscal Year 2020 Results on Sep 11, 2020 Crossfor Co.,Ltd. announced that they will report fiscal year 2020 results on Sep 11, 2020