Annonce • Jun 01
YRGLM Inc. to Report Q3, 2026 Results on Aug 05, 2026 YRGLM Inc. announced that they will report Q3, 2026 results on Aug 05, 2026 Reported Earnings • May 09
Second quarter 2026 earnings released: EPS: JP¥13.81 (vs JP¥3.56 in 2Q 2025) Second quarter 2026 results: EPS: JP¥13.81 (up from JP¥3.56 in 2Q 2025). Revenue: JP¥1.59b (up 31% from 2Q 2025). Net income: JP¥86.0m (up 291% from 2Q 2025). Profit margin: 5.4% (up from 1.8% in 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Annonce • May 08
YRGLM Inc. to Report Q2, 2026 Results on May 08, 2026 YRGLM Inc. announced that they will report Q2, 2026 results on May 08, 2026 Reported Earnings • Feb 07
First quarter 2026 earnings released: EPS: JP¥18.87 (vs JP¥0.65 in 1Q 2025) First quarter 2026 results: EPS: JP¥18.87 (up from JP¥0.65 in 1Q 2025). Revenue: JP¥1.29b (up 11% from 1Q 2025). Net income: JP¥117.0m (up JP¥113.0m from 1Q 2025). Profit margin: 9.1% (up from 0.3% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Annonce • Jan 07
YRGLM Inc. (TSE:3690) completed the acquisition of 62.63% stake in Silver Egg Technology Co., Ltd. (TSE:3961) from Thomas Aquinas Foley, Kyosan Co., Ltd. and others for ¥1.4 billion. YRGLM Inc. (TSE:3690) proposed to acquire 73.03% stake in Silver Egg Technology Co., Ltd. (TSE:3961) from Thomas Aquinas Foley, Kyosan Co., Ltd. and others for ¥1.7 billion on November 14, 2025. A cash consideration YRGLM Inc. proposed to acquire 2,173,957 Common Stock of Silver Egg Technology Co., Ltd. at ¥770 per common share and also YRGLM Inc. will acquire Stock Acquisition Rights at ¥1 per Third Series Stock Acquisition Right.
The transaction is subject to minimum tender of 1,181,700 stake in Silver Egg Technology Co., Ltd. shares. The Board of Directors of Silver Egg Technology Co., Ltd. formed a special committee for the transaction. The expected completion of the transaction is January 6, 2026.
TMI Associates acted as legal advisor for YRGLM Inc. Nakamura, Tsunoda & Matsumoto acted as legal advisor for YRGLM Inc. YRGLM Inc appointed Clifix FAS Co.,LTD. (CFAS) as a third-party appraiser to conduct an initial valuation analysis of the Silver Egg Technology Co., Ltd. shares.
YRGLM Inc. (TSE:3690) completed the acquisition of 62.63% stake in Silver Egg Technology Co., Ltd. (TSE:3961) from Thomas Aquinas Foley, Kyosan Co., Ltd. and others for ¥1.4 billion on January 6, 2026. Annonce • Nov 15
YRGLM Inc. to Report Q1, 2026 Results on Feb 05, 2026 YRGLM Inc. announced that they will report Q1, 2026 results on Feb 05, 2026 Reported Earnings • Nov 08
Full year 2025 earnings released: JP¥22.95 loss per share (vs JP¥11.02 profit in FY 2024) Full year 2025 results: JP¥22.95 loss per share (down from JP¥11.02 profit in FY 2024). Revenue: JP¥4.93b (up 36% from FY 2024). Net loss: JP¥142.0m (down 309% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Annonce • Nov 06
YRGLM Inc., Annual General Meeting, Dec 19, 2025 YRGLM Inc., Annual General Meeting, Dec 19, 2025. Annonce • Oct 04
YRGLM Inc. to Report Fiscal Year 2025 Results on Nov 06, 2025 YRGLM Inc. announced that they will report fiscal year 2025 results on Nov 06, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.90 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). New Risk • Aug 25
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 5.0% 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 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (JP¥4.11b market cap, or US$27.9m). Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥710, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 23x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 2.8% over the past three years. Reported Earnings • Aug 06
Third quarter 2025 earnings released: EPS: JP¥13.06 (vs JP¥1.14 in 3Q 2024) Third quarter 2025 results: EPS: JP¥13.06 (up from JP¥1.14 in 3Q 2024). Revenue: JP¥1.25b (up 43% from 3Q 2024). Net income: JP¥81.0m (up JP¥74.0m from 3Q 2024). Profit margin: 6.5% (up from 0.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% 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. Reported Earnings • May 08
Second quarter 2025 earnings released: EPS: JP¥3.56 (vs JP¥4.71 in 2Q 2024) Second quarter 2025 results: EPS: JP¥3.56 (down from JP¥4.71 in 2Q 2024). Revenue: JP¥1.22b (up 32% from 2Q 2024). Net income: JP¥22.0m (down 24% from 2Q 2024). Profit margin: 1.8% (down from 3.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 46% 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. Annonce • May 03
YRGLM Inc. to Report Q3, 2025 Results on Aug 04, 2025 YRGLM Inc. announced that they will report Q3, 2025 results on Aug 04, 2025 Annonce • Mar 04
YRGLM Inc. to Report Q2, 2025 Results on May 07, 2025 YRGLM Inc. announced that they will report Q2, 2025 results on May 07, 2025 Reported Earnings • Feb 07
First quarter 2025 earnings released: EPS: JP¥0.65 (vs JP¥3.71 in 1Q 2024) First quarter 2025 results: EPS: JP¥0.65 (down from JP¥3.71 in 1Q 2024). Revenue: JP¥1.17b (up 26% from 1Q 2024). Net income: JP¥4.00m (down 83% from 1Q 2024). Profit margin: 0.3% (down from 2.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jan 20
Now 28% overvalued Over the last 90 days, the stock has fallen 1.4% to JP¥583. The fair value is estimated to be JP¥456, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 27%. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥3.39b market cap, or US$21.5m). Buy Or Sell Opportunity • Dec 20
Now 21% overvalued Over the last 90 days, the stock has fallen 15% to JP¥538. The fair value is estimated to be JP¥446, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 27%. Annonce • Nov 12
YRGLM Inc. to Report Q1, 2025 Results on Feb 05, 2025 YRGLM Inc. announced that they will report Q1, 2025 results on Feb 05, 2025 Reported Earnings • Nov 08
Full year 2024 earnings released: EPS: JP¥11.02 (vs JP¥31.39 in FY 2023) Full year 2024 results: EPS: JP¥11.02 (down from JP¥31.39 in FY 2023). Revenue: JP¥3.64b (flat on FY 2023). Net income: JP¥68.0m (down 66% from FY 2023). Profit margin: 1.9% (down from 5.4% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 23% per year. Annonce • Nov 06
YRGLM Inc., Annual General Meeting, Dec 20, 2024 YRGLM Inc., Annual General Meeting, Dec 20, 2024. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥7.60 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.5%). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥3.78b market cap, or US$26.9m). Annonce • Aug 29
YRGLM Inc. to Report Fiscal Year 2024 Results on Nov 06, 2024 YRGLM Inc. announced that they will report fiscal year 2024 results on Nov 06, 2024 Reported Earnings • Aug 07
Third quarter 2024 earnings released: EPS: JP¥1.14 (vs JP¥4.30 in 3Q 2023) Third quarter 2024 results: EPS: JP¥1.14 (down from JP¥4.30 in 3Q 2023). Revenue: JP¥878.0m (down 2.2% from 3Q 2023). Net income: JP¥7.00m (down 74% from 3Q 2023). Profit margin: 0.8% (down from 3.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year. Annonce • Aug 06
YRGLM Inc. (TSE:3690) agreed to acquire Ruby Groupe, Inc. from SMN Corporation (TSE:6185) for ¥480 million. YRGLM Inc. (TSE:3690) agreed to acquire Ruby Groupe, Inc. from SMN Corporation (TSE:6185) for ¥480 million on August 5, 2024. A cash consideration of ¥480 million will be paid by YRGLM Inc. As part of consideration, ¥480 million is paid towards common equity of Ruby Groupe, Inc.
As of March 31, 2024, Ruby Groupe, Inc. reported total assets of ¥826 million and total common equity of ¥498 million.
The expected completion of the transaction is September 30, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥525, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 43% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 28% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to JP¥525. The fair value is estimated to be JP¥730, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has declined by 14%. Annonce • Jun 02
YRGLM Inc. to Report Q3, 2024 Results on Aug 05, 2024 YRGLM Inc. announced that they will report Q3, 2024 results on Aug 05, 2024 Reported Earnings • May 09
Second quarter 2024 earnings released: EPS: JP¥4.71 (vs JP¥9.88 in 2Q 2023) Second quarter 2024 results: EPS: JP¥4.71 (down from JP¥9.88 in 2Q 2023). Revenue: JP¥923.0m (down 1.1% from 2Q 2023). Net income: JP¥29.0m (down 53% from 2Q 2023). Profit margin: 3.1% (down from 6.6% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 19% per year. Annonce • Feb 24
YRGLM Inc. to Report Q2, 2024 Results on May 08, 2024 YRGLM Inc. announced that they will report Q2, 2024 results on May 08, 2024 Reported Earnings • Feb 07
First quarter 2024 earnings released: EPS: JP¥3.71 (vs JP¥11.02 in 1Q 2023) First quarter 2024 results: EPS: JP¥3.71 (down from JP¥11.02 in 1Q 2023). Revenue: JP¥928.0m (up 5.6% from 1Q 2023). Net income: JP¥23.0m (down 67% from 1Q 2023). Profit margin: 2.5% (down from 7.8% in 1Q 2023). The decrease in margin was driven by higher expenses. 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 21% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 28
Full year 2023 earnings released: EPS: JP¥31.39 (vs JP¥37.69 in FY 2022) Full year 2023 results: EPS: JP¥31.39 (down from JP¥37.69 in FY 2022). Revenue: JP¥3.63b (up 8.8% from FY 2022). Net income: JP¥197.0m (down 17% from FY 2022). Profit margin: 5.4% (down from 7.1% in FY 2022). 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 fallen by 27% per year, which means it is significantly lagging earnings. Buying Opportunity • Dec 14
Now 22% undervalued Over the last 90 days, the stock is up 9.8%. The fair value is estimated to be JP¥798, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥630, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 24x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 61% over the past three years. Buying Opportunity • Nov 09
Now 22% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥790, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Annonce • Nov 08
YRGLM Inc. to Report Q1, 2024 Results on Feb 05, 2024 YRGLM Inc. announced that they will report Q1, 2024 results on Feb 05, 2024 Annonce • Nov 07
YRGLM Inc. (TSE:3690) announces an Equity Buyback for 200,000 shares, representing 3.14% for ¥100 million. YRGLM Inc. (TSE:3690) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 3.14% of the outstanding shares, for ¥100 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until May 7, 2024. As of November 6, 2023, the company had 6,372,415 shares outstanding and 84,468 shares in treasury. Reported Earnings • Nov 07
Full year 2023 earnings released: EPS: JP¥31.39 (vs JP¥37.69 in FY 2022) Full year 2023 results: EPS: JP¥31.39 (down from JP¥37.69 in FY 2022). Revenue: JP¥3.63b (up 8.8% from FY 2022). Net income: JP¥197.0m (down 17% from FY 2022). Profit margin: 5.4% (down from 7.1% in FY 2022). 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 fallen by 29% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥7.40 per share at 1.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 26 December 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.4%). Annonce • Sep 02
YRGLM Inc. to Report Fiscal Year 2023 Results on Nov 06, 2023 YRGLM Inc. announced that they will report fiscal year 2023 results on Nov 06, 2023 Reported Earnings • Aug 09
Third quarter 2023 earnings released: EPS: JP¥4.30 (vs JP¥9.42 in 3Q 2022) Third quarter 2023 results: EPS: JP¥4.30 (down from JP¥9.42 in 3Q 2022). Revenue: JP¥898.0m (up 5.6% from 3Q 2022). Net income: JP¥27.0m (down 54% from 3Q 2022). Profit margin: 3.0% (down from 6.9% in 3Q 2022). The decrease in margin was driven by higher expenses. 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 27% per year, which means it is significantly lagging earnings. Buying Opportunity • May 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.9%. The fair value is estimated to be JP¥768, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 21%. Reported Earnings • May 09
Second quarter 2023 earnings released: EPS: JP¥9.88 (vs JP¥7.36 in 2Q 2022) Second quarter 2023 results: EPS: JP¥9.88 (up from JP¥7.36 in 2Q 2022). Revenue: JP¥933.0m (up 16% from 2Q 2022). Net income: JP¥62.0m (up 35% from 2Q 2022). Profit margin: 6.6% (up from 5.7% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annonce • Feb 05
YRGLM Inc. to Report Q2, 2023 Results on May 08, 2023 YRGLM Inc. announced that they will report Q2, 2023 results on May 08, 2023 Reported Earnings • Feb 04
First quarter 2023 earnings released: EPS: JP¥11.02 (vs JP¥9.25 in 1Q 2022) First quarter 2023 results: EPS: JP¥11.02 (up from JP¥9.25 in 1Q 2022). Revenue: JP¥879.0m (up 13% from 1Q 2022). Net income: JP¥69.0m (up 19% from 1Q 2022). Profit margin: 7.8% (up from 7.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 28
Full year 2022 earnings released: EPS: JP¥37.69 (vs JP¥37.86 in FY 2021) Full year 2022 results: EPS: JP¥37.69 (down from JP¥37.86 in FY 2021). Revenue: JP¥3.33b (up 13% from FY 2021). Net income: JP¥236.0m (down 1.3% from FY 2021). Profit margin: 7.1% (down from 8.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Annonce • Nov 20
YRGLM Inc. to Report Q1, 2023 Results on Feb 03, 2023 YRGLM Inc. announced that they will report Q1, 2023 results on Feb 03, 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. 4 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Founder, Executive President, GM-Corporate Strategy & Business Solution & Representative Director Susumu Iwata was the last director to join the board, commencing their role in 2001. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Annonce • Nov 06
YRGLM Inc., Annual General Meeting, Dec 23, 2022 YRGLM Inc., Annual General Meeting, Dec 23, 2022. Reported Earnings • Nov 06
Full year 2022 earnings released: EPS: JP¥37.69 (vs JP¥37.86 in FY 2021) Full year 2022 results: EPS: JP¥37.69 (down from JP¥37.86 in FY 2021). Revenue: JP¥3.33b (up 13% from FY 2021). Net income: JP¥236.0m (down 1.3% from FY 2021). Profit margin: 7.1% (down from 8.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.5%). Buying Opportunity • Sep 13
Now 20% undervalued Over the last 90 days, the stock is up 5.3%. The fair value is estimated to be JP¥928, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Annonce • Sep 01
YRGLM Inc. to Report Fiscal Year 2022 Results on Nov 04, 2022 YRGLM Inc. announced that they will report fiscal year 2022 results on Nov 04, 2022 Buying Opportunity • Aug 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 2.7%. The fair value is estimated to be JP¥918, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 07
Third quarter 2022 earnings released: EPS: JP¥9.42 (vs JP¥10.45 in 3Q 2021) Third quarter 2022 results: EPS: JP¥9.42 (down from JP¥10.45 in 3Q 2021). Revenue: JP¥850.0m (up 18% from 3Q 2021). Net income: JP¥59.0m (down 11% from 3Q 2021). Profit margin: 6.9% (down from 9.1% in 3Q 2021). The decrease in margin was driven by higher expenses. 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 20% per year, which means it is significantly lagging earnings. Reported Earnings • May 11
Second quarter 2022 earnings released: EPS: JP¥7.36 (vs JP¥8.71 in 2Q 2021) Second quarter 2022 results: EPS: JP¥7.36 (down from JP¥8.71 in 2Q 2021). Revenue: JP¥805.0m (up 8.1% from 2Q 2021). Net income: JP¥46.0m (down 16% from 2Q 2021). Profit margin: 5.7% (down from 7.4% in 2Q 2021). The decrease in margin was driven by higher expenses. 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 21% per year, which means it is significantly lagging earnings. Buying Opportunity • May 09
Now 31% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be JP¥1,102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Annonce • May 08
YRGLM Inc. to Report Q3, 2022 Results on Aug 05, 2022 YRGLM Inc. announced that they will report Q3, 2022 results on Aug 05, 2022 Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Founder, Executive President, GM-Corporate Strategy & Business Solution & Representative Director Susumu Iwata was the last director to join the board, commencing their role in 2001. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,159, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 27x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 26% over the past three years. Buying Opportunity • Mar 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be JP¥1,142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. The company has become profitable over the last 3 years. Annonce • Feb 27
YRGLM Inc. to Report Q2, 2022 Results on May 06, 2022 YRGLM Inc. announced that they will report Q2, 2022 results on May 06, 2022 Reported Earnings • Feb 07
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥9.25 (down from JP¥9.67 in 1Q 2021). Revenue: JP¥776.0m (up 7.6% from 1Q 2021). Net income: JP¥58.0m (down 4.9% from 1Q 2021). Profit margin: 7.5% (down from 8.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Buying Opportunity • Feb 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be JP¥1,137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. The company has become profitable over the last 3 years. Reported Earnings • Nov 07
Full year 2021 earnings released: EPS JP¥37.86 (vs JP¥29.03 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥2.96b (up 13% from FY 2020). Net income: JP¥239.0m (up 31% from FY 2020). Profit margin: 8.1% (up from 7.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 21 December 2021. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,089, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 31x in the Interactive Media and Services industry in Japan. Negligible returns to shareholders over past three years. Reported Earnings • Aug 09
Third quarter 2021 earnings released: EPS JP¥10.45 (vs JP¥8.08 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥723.0m (up 5.5% from 3Q 2020). Net income: JP¥66.0m (up 29% from 3Q 2020). Profit margin: 9.1% (up from 7.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
Second quarter 2021 earnings released: EPS JP¥8.71 (vs JP¥4.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥745.0m (up 15% from 2Q 2020). Net income: JP¥55.0m (up 112% from 2Q 2020). Profit margin: 7.4% (up from 4.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 24
New 90-day low: JP¥1,305 The company is down 27% from its price of JP¥1,781 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 Interactive Media and Services industry, which is up 6.0% over the same period. Is New 90 Day High Low • Feb 08
New 90-day low: JP¥1,475 The company is down 12% from its price of JP¥1,671 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 2.0% over the same period. Reported Earnings • Feb 07
First quarter 2021 earnings released: EPS JP¥9.67 (vs JP¥3.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥721.0m (up 23% from 1Q 2020). Net income: JP¥61.0m (up 221% from 1Q 2020). Profit margin: 8.5% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Feb 07
YRGLM Inc. to Report Q2, 2021 Results on May 07, 2021 YRGLM Inc. announced that they will report Q2, 2021 results on May 07, 2021 Is New 90 Day High Low • Jan 14
New 90-day low: JP¥1,517 The company is down 23% from its price of JP¥1,977 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 Interactive Media and Services industry, which is down 9.0% over the same period. Is New 90 Day High Low • Dec 30
New 90-day low: JP¥1,628 The company is down 4.0% from its price of JP¥1,695 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 6.0% over the same period. Annonce • Dec 23
Orient Corporation (TSE:8585) completed the acquisition of 10% stake in EC-CUBE CO., LTD from YRGLM Inc. (TSE:3690). Orient Corporation (TSE:8585) entered into an agreement to acquire 10% stake in EC-CUBE CO., LTD from YRGLM Inc. (TSE:3690) for ¥155 million on November 4, 2020. Orient Corporation shall acquire 100 shares of EC-CUBE CO., LTD from total outstanding shares of 1000 units. The transaction will be completed by the end of December 2020.
Orient Corporation (TSE:8585) completed the acquisition of 10% stake in EC-CUBE CO., LTD from YRGLM Inc. (TSE:3690) on December 21, 2020. Valuation Update With 7 Day Price Move • Dec 10
Market pulls back on stock over the past week After last week's 15% share price decline to JP¥1,651, the stock is trading at a trailing P/E ratio of 56.9x, down from the previous P/E ratio of 66.9x. This compares to an average P/E of 45x in the Interactive Media and Services industry in Japan. Total returns to shareholders over the past three years are 11%. Annonce • Nov 20
YRGLM Inc. to Report Q1, 2020 Results on Feb 05, 2021 YRGLM Inc. announced that they will report Q1, 2020 results on Feb 05, 2021 Annonce • Nov 08
YRGLM Inc., Annual General Meeting, Dec 18, 2020 YRGLM Inc., Annual General Meeting, Dec 18, 2020. Annonce • Nov 06
Orient Corporation (TSE:8585) entered into an agreement to acquire 10% stake in EC-CUBE CO., LTD from YRGLM Inc. (TSE:3690). for ¥155 million. Orient Corporation (TSE:8585) entered into an agreement to acquire 10% stake in EC-CUBE CO., LTD from YRGLM Inc. (TSE:3690) for ¥155 million on November 4, 2020. Orient Corporation shall acquire 100 shares of EC-CUBE CO., LTD from total outstanding shares of 1000 units. The transaction will be completed by the end of December 2020.