Declared Dividend • Jul 25
Final dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 29th September 2026 Payment date: 2nd December 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jun 30
MatsukiyoCocokara & Co. to Report Q1, 2027 Results on Aug 10, 2026 MatsukiyoCocokara & Co. announced that they will report Q1, 2027 results on Aug 10, 2026 Annonce • May 14
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 5,000,000 shares, representing 1.26% for ¥11,635 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.26% of its issued share capital (excluding treasury stock), for a total purchase price of ¥11,635 million. The shares will be repurchased at a price of ¥2,327 per share. The purpose of the program is to improve capital efficiency and further enhance shareholder returns. The repurchased shares will be cancelled. The program will be valid till May 14, 2026. As of April 30, 2025, the company has 397,928,861 outstanding shares (excluding treasury stock) and 12,346,969 treasury shares. Reported Earnings • May 14
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥140 (up from JP¥134 in FY 2025). Revenue: JP¥1.12t (up 5.3% from FY 2025). Net income: JP¥55.8b (up 2.0% from FY 2025). Profit margin: 5.0% (down from 5.2% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Retailing industry in Japan. 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 5% per year, which means it is significantly lagging earnings. Annonce • May 13
MatsukiyoCocokara & Co., Annual General Meeting, Jun 19, 2026 MatsukiyoCocokara & Co., Annual General Meeting, Jun 19, 2026. Annonce • May 09
MatsukiyoCocokara & Co. to Report Fiscal Year 2026 Results on May 13, 2026 MatsukiyoCocokara & Co. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 14
Third quarter 2026 earnings: EPS misses analyst expectations Third quarter 2026 results: EPS: JP¥40.39. Revenue: JP¥290.2b (up 5.2% from 3Q 2025). Net income: JP¥16.1b (down 1.2% from 3Q 2025). Profit margin: 5.5% (down from 5.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.7%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Retailing industry in Japan. Annonce • Feb 13
MatsukiyoCocokara & Co. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2026 MatsukiyoCocokara & Co. provided consolidated earnings guidance for the year ending March 31, 2026. For the year, the company expects net sales to be JPY 1,100,000 million, operating profit to be JPY 85,500 million, profit attributable to owners of parent to be JPY 56,500 million and basic earnings per share to be JPY 141.67. Annonce • Dec 25
MatsukiyoCocokara & Co. to Report Q3, 2026 Results on Feb 13, 2026 MatsukiyoCocokara & Co. announced that they will report Q3, 2026 results on Feb 13, 2026 Declared Dividend • Dec 03
First half dividend of JP¥24.00 announced Shareholders will receive a dividend of JP¥24.00. Ex-date: 30th March 2026 Payment date: 23rd June 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 14
Second quarter 2026 earnings: EPS exceeds analyst expectations Second quarter 2026 results: EPS: JP¥34.12 (up from JP¥32.42 in 2Q 2025). Revenue: JP¥275.5b (up 3.6% from 2Q 2025). Net income: JP¥13.6b (up 2.2% from 2Q 2025). Profit margin: 4.9% (down from 5.0% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Annonce • Sep 25
MatsukiyoCocokara & Co. to Report Q2, 2026 Results on Nov 13, 2025 MatsukiyoCocokara & Co. announced that they will report Q2, 2026 results on Nov 13, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.6%). Reported Earnings • Aug 14
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: JP¥32.30 (up from JP¥28.00 in 1Q 2025). Revenue: JP¥273.6b (up 5.3% from 1Q 2025). Net income: JP¥12.9b (up 11% from 1Q 2025). Profit margin: 4.7% (up from 4.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 6.4%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 1.5%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jun 29
MatsukiyoCocokara & Co. to Report Q1, 2026 Results on Aug 13, 2025 MatsukiyoCocokara & Co. announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • Jun 25
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥134 (up from JP¥125 in FY 2024). Revenue: JP¥1.06t (up 3.8% from FY 2024). Net income: JP¥54.7b (up 4.4% from FY 2024). Profit margin: 5.2% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year. Buy Or Sell Opportunity • Jun 09
Now 20% undervalued Over the last 90 days, the stock has risen 22% to JP¥2,837. The fair value is estimated to be JP¥3,553, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 5.0% per annum over the same time period. Buy Or Sell Opportunity • May 16
Now 21% undervalued Over the last 90 days, the stock has risen 34% to JP¥2,899. The fair value is estimated to be JP¥3,652, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 4.6% per annum over the same time period. Reported Earnings • May 10
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥134 (up from JP¥125 in FY 2024). Revenue: JP¥1.06t (up 3.8% from FY 2024). Net income: JP¥54.7b (up 4.4% from FY 2024). Profit margin: 5.2% (up from 5.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.7%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 10
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 5,700,000 shares, representing 1.41% for ¥15,276 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 5,700,000 shares, representing 1.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15.276 million. The shares will be repurchased at a price of ¥2,680 per share. The purpose of the program is to improve capital efficiency and further enhance shareholder returns. The repurchased shares will be cancelled. As of April 30, 2025, the company has 403,576,592 issued shares and 12,099,038 treasury shares. Annonce • May 09
MatsukiyoCocokara & Co., Annual General Meeting, Jun 20, 2025 MatsukiyoCocokara & Co., Annual General Meeting, Jun 20, 2025. Annonce • Mar 22
MatsukiyoCocokara & Co. to Report Fiscal Year 2025 Results on May 09, 2025 MatsukiyoCocokara & Co. announced that they will report fiscal year 2025 results on May 09, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (1.7%). Reported Earnings • Feb 16
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: JP¥40.30. Revenue: JP¥275.8b (up 5.0% from 3Q 2024). Net income: JP¥16.3b (down 1.2% from 3Q 2024). Profit margin: 5.9% (down from 6.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Consumer Retailing industry in Japan. Annonce • Jan 03
MatsukiyoCocokara & Co. to Report Q3, 2025 Results on Feb 14, 2025 MatsukiyoCocokara & Co. announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 20
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: JP¥32.42 (down from JP¥33.10 in 2Q 2024). Revenue: JP¥266.0b (up 2.5% from 2Q 2024). Net income: JP¥13.3b (down 4.0% from 2Q 2024). Profit margin: 5.0% (down from 5.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 4.2%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Buy Or Sell Opportunity • Oct 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to JP¥2,155. The fair value is estimated to be JP¥2,701, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 5.0% per annum over the same time period. Annonce • Sep 25
MatsukiyoCocokara & Co. to Report Q2, 2025 Results on Nov 14, 2024 MatsukiyoCocokara & Co. announced that they will report Q2, 2025 results on Nov 14, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Reported Earnings • Aug 18
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: JP¥28.00 (down from JP¥28.69 in 1Q 2024). Revenue: JP¥259.7b (up 4.6% from 1Q 2024). Net income: JP¥11.7b (down 2.7% from 1Q 2024). Profit margin: 4.5% (down from 4.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 9.6%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annonce • Aug 15
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 13,224,500 shares, for ¥29,999.78 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 13,224,500 shares, representing 3.17% of its issued share capital (excluding treasury stock), for a total purchase price of ¥29,999.78 million. The shares will be repurchased at a price of ¥2,268.5 per share. The purpose of the program is to improve capital efficiency and further enhance shareholder returns. The repurchased shares will be cancelled. As of July 31, 2024, the company has 416,747,449 issued shares and 12,152,681 treasury shares. Reported Earnings • Jun 26
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: JP¥125 (up from JP¥96.02 in FY 2023). Revenue: JP¥1.02t (up 7.5% from FY 2023). Net income: JP¥52.3b (up 29% from FY 2023). Profit margin: 5.1% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Annonce • Jun 22
MatsukiyoCocokara & Co. to Report Q1, 2025 Results on Aug 13, 2024 MatsukiyoCocokara & Co. announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 12
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: JP¥125 (up from JP¥96.02 in FY 2023). Revenue: JP¥1.02t (up 7.5% from FY 2023). Net income: JP¥52.3b (up 29% from FY 2023). Profit margin: 5.1% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year. Annonce • May 12
MatsukiyoCocokara & Co., Annual General Meeting, Jun 21, 2024 MatsukiyoCocokara & Co., Annual General Meeting, Jun 21, 2024. Annonce • May 11
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 420,000 shares, representing 0.1% for ¥964.74 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 420,000 shares, representing 0.1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥964.74 million. The shares will be repurchased at a price of ¥2,297 per share. The purpose of the program is to improve capital efficiency and enable it to implement a flexible capital policy that responds to changes in the business environment. As of March 31, 2024, the company has 417,561,819 issued shares and 417,561,819 treasury shares. Annonce • Mar 27
MatsukiyoCocokara & Co. to Report Fiscal Year 2024 Results on May 10, 2024 MatsukiyoCocokara & Co. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.5%). Reported Earnings • Feb 16
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: JP¥39.42 (up from JP¥32.60 in 3Q 2023). Revenue: JP¥262.6b (up 5.4% from 3Q 2023). Net income: JP¥16.5b (up 20% from 3Q 2023). Profit margin: 6.3% (up from 5.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year. Annonce • Dec 24
MatsukiyoCocokara & Co. to Report Q3, 2024 Results on Feb 14, 2024 MatsukiyoCocokara & Co. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings: Revenues exceed analyst expectations Second quarter 2024 results: Revenue: JP¥259.5b (up 9.1% from 2Q 2023). Net income: JP¥13.8b (up 31% from 2Q 2023). Profit margin: 5.3% (up from 4.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Annonce • Nov 17
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 800,000 shares, representing 0.19% for ¥2,172 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 0.19% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,172 million. The shares will be repurchased at a price of ¥2,715 per share. The purpose of the program is to improve capital efficiency and enable flexible capital policy implementation in response to changes in the business environment. The program is valid till November 15, 2023. As of October 31, 2023, the company has 428,900,130 issued shares and 11,053,115 treasury shares. Annonce • Sep 24
MatsukiyoCocokara & Co. to Report Q2, 2024 Results on Nov 14, 2023 MatsukiyoCocokara & Co. announced that they will report Q2, 2024 results on Nov 14, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥50.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.6%). Price Target Changed • Aug 15
Price target increased by 8.9% to JP¥9,138 Up from JP¥8,388, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of JP¥9,122. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥341 for next year compared to JP¥288 last year. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥86.06 (vs JP¥56.11 in 1Q 2023) First quarter 2024 results: EPS: JP¥86.06 (up from JP¥56.11 in 1Q 2023). Revenue: JP¥248.2b (up 9.2% from 1Q 2023). Net income: JP¥12.0b (up 51% from 1Q 2023). Profit margin: 4.8% (up from 3.5% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 11
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 220,000 shares, representing 0.16% for ¥1,936 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares, representing 0.16% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,936 million. The shares will be repurchased at a price of ¥8,710 per share. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. The program is valid till August 14, 2023. As of July 31, 2023, the company has 139,472,057 issued shares and 3,494,653 treasury shares. Annonce • Jun 28
MatsukiyoCocokara & Co. to Report Q1, 2024 Results on Aug 10, 2023 MatsukiyoCocokara & Co. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 16
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥288 (up from JP¥283 in FY 2022). Revenue: JP¥951.2b (up 30% from FY 2022). Net income: JP¥40.5b (up 17% from FY 2022). Profit margin: 4.3% (down from 4.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 14
MatsukiyoCocokara & Co., Annual General Meeting, Jun 23, 2023 MatsukiyoCocokara & Co., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥40.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Price Target Changed • Feb 17
Price target increased by 7.7% to JP¥7,096 Up from JP¥6,591, the current price target is an average from 11 analysts. New target price is 7.4% above last closing price of JP¥6,610. Stock is up 49% over the past year. The company is forecast to post earnings per share of JP¥285 for next year compared to JP¥283 last year. Annonce • Feb 15
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 1,250,000 shares, representing 0.89% for ¥8,500 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 1,250,000 shares, representing 0.89% of its issued share capital (excluding treasury stock), for a total purchase price of ¥8,500 million. The shares will be repurchased at a price of ¥6,570 per share. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. The program is valid till February 15, 2023. As of February 14, 2023, the company has 142,966,710 issued shares and 2,415,772 treasury shares. Annonce • Dec 26
MatsukiyoCocokara & Co. to Report Q3, 2023 Results on Feb 14, 2023 MatsukiyoCocokara & Co. announced that they will report Q3, 2023 results on Feb 14, 2023 Annonce • Nov 16
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 230,000 shares, representing 0.16% for ¥1,500 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 230,000 shares, representing 0.16% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,500 million. The shares will be repurchased at a price of ¥5,250 per share. As of November 14, 2022, the company has 142,966,710 issued shares and 2,211,377 treasury shares. 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. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent External Director Isao Matsushita was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Sep 24
MatsukiyoCocokara & Co. to Report Q2, 2023 Results on Nov 14, 2022 MatsukiyoCocokara & Co. announced that they will report Q2, 2023 results on Nov 14, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Reported Earnings • Aug 15
First quarter 2023 earnings released: EPS: JP¥56.11 (vs JP¥51.03 in 1Q 2022) First quarter 2023 results: EPS: JP¥56.11 (up from JP¥51.03 in 1Q 2022). Revenue: JP¥227.2b (up 65% from 1Q 2022). Net income: JP¥7.93b (up 52% from 1Q 2022). Profit margin: 3.5% (down from 3.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 11% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Aug 13
MatsukiyoCocokara & Co. (TSE:3088) announces an Equity Buyback for 700,000 shares, representing 0.49% for ¥3,600 million. MatsukiyoCocokara & Co. (TSE:3088) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 0.49% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,600 million. The purpose of the program is improve capital efficiency and to implement a flexible capital policy that responds to changes in the business environment. As of August 12, 2022, the company has 142,966,710 issued shares (excluding treasury stock) and 1,627,938 treasury shares. Reported Earnings • May 16
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥283 (up from JP¥210 in FY 2021). Revenue: JP¥730.0b (up 31% from FY 2021). Net income: JP¥34.6b (up 60% from FY 2021). Profit margin: 4.7% (up from 3.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 31%, compared to a 21% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Annonce • May 15
MatsukiyoCocokara & Co., Annual General Meeting, Jun 28, 2022 MatsukiyoCocokara & Co., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
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. 9 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent External Director Isao Matsushita was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Apr 07
MatsukiyoCocokara & Co. to Report Fiscal Year 2022 Results on May 13, 2022 MatsukiyoCocokara & Co. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.6%). Reported Earnings • Feb 20
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥129 (up from JP¥67.08 in 3Q 2021). Revenue: JP¥230.9b (up 56% from 3Q 2021). Net income: JP¥18.5b (up 168% from 3Q 2021). Profit margin: 8.0% (up from 4.7% in 3Q 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 10%. Over the next year, revenue is forecast to grow 42%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.