Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥618, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 18% over the past three years. Annonce • Jun 22
MTI Ltd. to Report Q3, 2026 Results on Aug 06, 2026 MTI Ltd. announced that they will report Q3, 2026 results on Aug 06, 2026 Declared Dividend • Jun 20
First half dividend of JP¥10.00 announced Dividend of JP¥10.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (16% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 2.3% 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 decline by 2.5% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range. Annonce • Jun 20
MTI Ltd. Appoints Masahiko Ogata as Head of Group Information Security Promotion Office, Effective July 1, 2026 MTI Ltd. announced at a meeting of the Board of Directors held on June 19, 2026, that the following changes in officers were decided. Masahiko Ogata was appointed as Executive Officer Head of ICT Office and Head of Group Information Security Promotion Office, effective July 1, 2026. Masahiko Ogata previously served as Head of ICT Office. Reported Earnings • May 13
Second quarter 2026 earnings released: EPS: JP¥22.70 (vs JP¥21.16 in 2Q 2025) Second quarter 2026 results: EPS: JP¥22.70 (up from JP¥21.16 in 2Q 2025). Revenue: JP¥7.89b (up 3.7% from 2Q 2025). Net income: JP¥1.26b (up 7.9% from 2Q 2025). Profit margin: 16% (in line with 2Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Annonce • Feb 13
MTI Ltd. to Report Q2, 2026 Results on May 12, 2026 MTI Ltd. announced that they will report Q2, 2026 results on May 12, 2026 Reported Earnings • Feb 10
First quarter 2026 earnings released: EPS: JP¥10.87 (vs JP¥10.70 in 1Q 2025) First quarter 2026 results: EPS: JP¥10.87 (up from JP¥10.70 in 1Q 2025). Revenue: JP¥7.77b (up 6.9% from 1Q 2025). Net income: JP¥603.0m (up 2.4% from 1Q 2025). Profit margin: 7.8% (down from 8.1% in 1Q 2025). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annonce • Jan 24
PLAY, inc. agreed to acquire Video Market Corporation from MTI Ltd. (TSE:9438). PLAY, inc. agreed to acquire Video Market Corporation from MTI Ltd. (TSE:9438) on January 23, 2026.
For the period ending September 30, 2025, Video Market Corporation reported total revenue of ¥1.17 billion, operating loss of ¥155 million and net income of ¥100 million. As of September 30, 2025, Video Market Corporation reported total assets of ¥649 million and total common equity of ¥343 million.
The expected completion of the transaction is February 6, 2026. Declared Dividend • Jan 08
Final dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 30th March 2026 Payment date: 15th June 2026 Dividend yield will be 2.8%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 6.2% 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 decline by 22% over the next 3 years. However, it would need to fall by 66% to increase the payout ratio to a potentially unsustainable range. Annonce • Dec 26
MTI Ltd. to Report Q1, 2026 Results on Feb 09, 2026 MTI Ltd. announced that they will report Q1, 2026 results on Feb 09, 2026 Reported Earnings • Dec 25
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥61.61 (up from JP¥43.03 in FY 2024). Revenue: JP¥29.9b (up 8.1% from FY 2024). Net income: JP¥3.40b (up 44% from FY 2024). Profit margin: 11% (up from 8.5% in FY 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 14
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: JP¥61.61 (up from JP¥43.03 in FY 2024). Revenue: JP¥29.9b (up 8.1% from FY 2024). Net income: JP¥3.40b (up 44% from FY 2024). Profit margin: 11% (up from 8.5% in FY 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Annonce • Nov 11
MTI Ltd., Annual General Meeting, Dec 20, 2025 MTI Ltd., Annual General Meeting, Dec 20, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 23 December 2025. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Annonce • Aug 29
MTI Ltd. to Report Fiscal Year 2025 Results on Nov 11, 2025 MTI Ltd. announced that they will report fiscal year 2025 results on Nov 11, 2025 Board Change • Aug 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Outside Independent Director Yuzo Ishikawa was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 09
Third quarter 2025 earnings released: EPS: JP¥5.49 (vs JP¥12.47 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.49 (down from JP¥12.47 in 3Q 2024). Revenue: JP¥7.42b (up 5.7% from 3Q 2024). Net income: JP¥304.0m (down 56% from 3Q 2024). Profit margin: 4.1% (down from 9.8% in 3Q 2024). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jun 14
First half dividend of JP¥9.00 announced Dividend of JP¥9.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 23rd December 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range. Annonce • May 21
MTI Ltd. to Report Q3, 2025 Results on Aug 08, 2025 MTI Ltd. announced that they will report Q3, 2025 results on Aug 08, 2025 Reported Earnings • May 15
Second quarter 2025 earnings released: EPS: JP¥21.16 (vs JP¥16.91 in 2Q 2024) Second quarter 2025 results: EPS: JP¥21.16 (up from JP¥16.91 in 2Q 2024). Revenue: JP¥7.61b (up 11% from 2Q 2024). Net income: JP¥1.17b (up 26% from 2Q 2024). Profit margin: 15% (up from 14% in 2Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Annonce • Mar 05
MTI Ltd. announced that it has received ¥200.0894 million in funding On March 3, 2025, MTI Ltd. closed the transaction. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥828, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 102% over the past three years. Annonce • Feb 22
MTI Ltd. to Report Q2, 2025 Results on May 13, 2025 MTI Ltd. announced that they will report Q2, 2025 results at 3:00 PM, Tokyo Standard Time on May 13, 2025 Annonce • Feb 14
MTI Ltd. announced that it expects to receive ¥200.0894 million in funding MTI Ltd announced a private placemen to issue 183,400 shares at an issue price of ¥1,901 per share for gross proceeds of ¥200,089,400 on February 12, 2025. The transaction will include participation from new investor Hiro Ichinokura. The transaction has been approved by shareholders of company and is expected to close on March 5, 2025. The company has disclosed the issue expenses of ¥1,300,000 and net proceeds of ¥198,789,400. Reported Earnings • Feb 14
First quarter 2025 earnings released: EPS: JP¥10.69 (vs JP¥11.48 in 1Q 2024) First quarter 2025 results: EPS: JP¥10.69 (down from JP¥11.48 in 1Q 2024). Revenue: JP¥7.27b (up 9.8% from 1Q 2024). Net income: JP¥589.0m (down 6.5% from 1Q 2024). Profit margin: 8.1% (down from 9.5% in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annonce • Feb 12
MTI Ltd. Provides Earnings Guidance for the Full Year Ending September 30, 2025 MTI Ltd. provided earnings guidance for the full year ending September 30, 2025. For the full year, the company now expects net sales of JPY 28,500 million, operating income to be JPY 2,800 million to JPY 3,200 million, profit attributable to owners of parent in the range of JPY 2,050 million to JPY 2,330 million, net income per share in the range of JPY 37.20 to JPY 42.28. New Risk • Jan 29
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 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Declared Dividend • Jan 06
Final dividend of JP¥9.00 announced Shareholders will receive a dividend of JP¥9.00. Ex-date: 28th March 2025 Payment date: 16th June 2025 Dividend yield will be 1.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Dec 29
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Hideaki Wada was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 28
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥43.03 (up from JP¥13.73 in FY 2023). Revenue: JP¥27.7b (up 3.3% from FY 2023). Net income: JP¥2.36b (up 214% from FY 2023). Profit margin: 8.5% (up from 2.8% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.6%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annonce • Dec 27
MTI Ltd. to Report Q1, 2025 Results on Feb 07, 2025 MTI Ltd. announced that they will report Q1, 2025 results at 3:00 PM, Tokyo Standard Time on Feb 07, 2025 Annonce • Nov 09
MTI Ltd. Approves Cash Dividend, Payable on December 23, 2024 MTI Ltd. announced that the Board of Directors of the Company resolved to pay a dividend of ¥9 per share from surplus with September 30, 2024 as the record date at its meeting held on November 7, 2024. Effective date is December 23, 2024. For the fiscal year ended September 30, 2024, the year-end dividend per share was initially forecasted to be ¥8. However, given the substantial increase in full-year consolidated profits compared to the previous year and policy to target a total shareholder return ratio of approximately 35% over the medium term, the company have decided to raise the dividend to ¥9. As a result, the annual dividend per share for the fiscal year is expected to be ¥17, an increase of ¥1 from the previous year, with a total shareholder return ratio of 39.7% for the fiscal year. Annonce • Nov 07
MTI Ltd., Annual General Meeting, Dec 21, 2024 MTI Ltd., Annual General Meeting, Dec 21, 2024. Annonce • Sep 19
MTI Ltd. to Transfer It Services Business for Sports and Exercise to Climb Factory Co., Ltd MTI Ltd. announced that a meeting of the Board of Directors of the Company held on September 19, 2024, company resolved to transfer IT services business for sports and exercise (hereinafter referred to as the "CLIMB Factory Business") to Climb Factory Co. Ltd. (hereinafter referred to as "Climb Factory") through a company split (simplified absorption-type company split), effective November 1, 2024 (hereinafter referred to as the "Company Split "). Since the Company Split qualifies as a simplified absorption-type company split under Article 796, Paragraph 2 of the Companies Act, and therefore, some disclosure items and details have been omitted. 1. Purpose of the Company Split CLIMB Factory Business has been providing IT services for the sports and exercise sector. However, as focus on healthcare and school DX initiatives, have decided to transfer this business to Climb Factory to optimize the allocation of management resources within group. Summary of the Company Split (1) Schedule of the Company Split: September 19, 2024 as Resolution of the Board of Directors; September 19, 2024 as Date of the conclusion of the Company Split agreement; November 1, 2024 as Effective date of the Company Split (planned). (2) Method of the Company Split: The Company Split is an absorption-type (simplified adsorption-type) company split in which Climb Factory will be a succeeding company. (3) Allocation of shares associated with the Company Split: As consideration for this Company Split, Climb Factory, the successor company, is expected to pay JPY 5,530,000 to company. This amount has been determined based on the valuation results conducted by a third-party organization and through mutual agreement between both parties. Climb Factory, the successor company, will inherit the assets, liabilities, contractual positions, and other rights and obligations related to CLIMB Factory Business as specified in the absorption-type split agreement, effective on the date the Company Split takes effect. Buy Or Sell Opportunity • Aug 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 36% to JP¥1,068. The fair value is estimated to be JP¥883, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 10% in the next 2 years. Annonce • Aug 09
MTI Ltd. to Report Fiscal Year 2024 Results on Nov 07, 2024 MTI Ltd. announced that they will report fiscal year 2024 results on Nov 07, 2024 Reported Earnings • Aug 09
Third quarter 2024 earnings released: EPS: JP¥12.47 (vs JP¥14.97 in 3Q 2023) Third quarter 2024 results: EPS: JP¥12.47 (down from JP¥14.97 in 3Q 2023). Revenue: JP¥7.02b (up 7.9% from 3Q 2023). Net income: JP¥685.0m (down 17% from 3Q 2023). Profit margin: 9.8% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Interactive Media and Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥711, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 2.2% over the past three years. New Risk • Jun 13
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 5.5% 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 16% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Annonce • Jun 02
MTI Ltd. to Report Q3, 2024 Results on Aug 06, 2024 MTI Ltd. announced that they will report Q3, 2024 results on Aug 06, 2024 Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥842, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 28% over the past three years. Reported Earnings • May 11
Second quarter 2024 earnings released: EPS: JP¥19.19 (vs JP¥4.82 in 2Q 2023) Second quarter 2024 results: EPS: JP¥19.19 (up from JP¥4.82 in 2Q 2023). Revenue: JP¥6.89b (up 5.4% from 2Q 2023). Net income: JP¥1.05b (up 299% from 2Q 2023). Profit margin: 15% (up from 4.0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%). Annonce • Feb 14
MTI Ltd. to Report Q2, 2024 Results on May 09, 2024 MTI Ltd. announced that they will report Q2, 2024 results on May 09, 2024 Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥761, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 26x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 2.8% over the past three years. Reported Earnings • Feb 09
First quarter 2024 earnings released: EPS: JP¥11.48 (vs JP¥10.76 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥11.48 (up from JP¥10.76 loss in 1Q 2023). Revenue: JP¥6.63b (down 6.6% from 1Q 2023). Net income: JP¥630.0m (up JP¥1.22b from 1Q 2023). Profit margin: 9.5% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Feb 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. Independent Outside Director Hideaki Wada 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. Reported Earnings • Dec 28
Full year 2023 earnings released: EPS: JP¥13.73 (vs JP¥16.98 loss in FY 2022) Full year 2023 results: EPS: JP¥13.73 (up from JP¥16.98 loss in FY 2022). Revenue: JP¥26.8b (up 1.2% from FY 2022). Net income: JP¥753.0m (up JP¥1.68b from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Annonce • Dec 26
MTI Ltd. to Report Q1, 2024 Results on Feb 07, 2024 MTI Ltd. announced that they will report Q1, 2024 results on Feb 07, 2024 Annonce • Nov 11
MTI Ltd., Annual General Meeting, Dec 23, 2023 MTI Ltd., Annual General Meeting, Dec 23, 2023. Reported Earnings • Nov 09
Full year 2023 earnings released: EPS: JP¥13.73 (vs JP¥16.98 loss in FY 2022) Full year 2023 results: EPS: JP¥13.73 (up from JP¥16.98 loss in FY 2022). Revenue: JP¥26.8b (up 1.2% from FY 2022). Net income: JP¥753.0m (up JP¥1.68b from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥8.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 26 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). Annonce • Aug 19
MTI Ltd. to Report Fiscal Year 2023 Results on Nov 08, 2023 MTI Ltd. announced that they will report fiscal year 2023 results on Nov 08, 2023 Reported Earnings • Aug 09
Third quarter 2023 earnings released: EPS: JP¥14.97 (vs JP¥3.85 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥14.97 (up from JP¥3.85 loss in 3Q 2022). Revenue: JP¥6.50b (up 1.9% from 3Q 2022). Net income: JP¥821.0m (up JP¥1.03b from 3Q 2022). Profit margin: 13% (up from net loss in 3Q 2022). 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 9% per year, which means it has not declined as severely as earnings. Reported Earnings • May 13
Second quarter 2023 earnings released: EPS: JP¥4.82 (vs JP¥2.36 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥4.82 (up from JP¥2.36 loss in 2Q 2022). Revenue: JP¥6.53b (up 1.7% from 2Q 2022). Net income: JP¥264.0m (up JP¥393.0m from 2Q 2022). Profit margin: 4.0% (up from net loss in 2Q 2022). 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. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 19 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Annonce • Feb 14
MTI Ltd. to Report Q2, 2023 Results on May 11, 2023 MTI Ltd. announced that they will report Q2, 2023 results on May 11, 2023 Reported Earnings • Feb 12
First quarter 2023 earnings released: JP¥10.76 loss per share (vs JP¥4.60 profit in 1Q 2022) First quarter 2023 results: JP¥10.76 loss per share (down from JP¥4.60 profit in 1Q 2022). Revenue: JP¥7.08b (up 8.1% from 1Q 2022). Net loss: JP¥590.0m (down 334% from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 28
Full year 2022 earnings released: JP¥16.98 loss per share (vs JP¥21.28 loss in FY 2021) Full year 2022 results: JP¥16.98 loss per share (improved from JP¥21.28 loss in FY 2021). Revenue: JP¥26.5b (up 2.9% from FY 2021). Net loss: JP¥930.0m (loss narrowed 20% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Annonce • Dec 02
MTI Ltd. to Report Q1, 2023 Results on Feb 08, 2023 MTI Ltd. announced that they will report Q1, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Outside Director Ryosuke Tsuchiya was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 11
Full year 2022 earnings released: JP¥16.98 loss per share (vs JP¥21.28 loss in FY 2021) Full year 2022 results: JP¥16.98 loss per share (improved from JP¥21.28 loss in FY 2021). Revenue: JP¥26.5b (up 2.9% from FY 2021). Net loss: JP¥930.0m (loss narrowed 20% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Annonce • Oct 05
MTI Ltd., Annual General Meeting, Dec 24, 2022 MTI Ltd., Annual General Meeting, Dec 24, 2022. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 20 December 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Annonce • Aug 19
MTI Ltd. to Report Fiscal Year 2022 Results on Nov 10, 2022 MTI Ltd. announced that they will report fiscal year 2022 results on Nov 10, 2022 Reported Earnings • Aug 07
Third quarter 2022 earnings released: JP¥3.85 loss per share (vs JP¥5.88 profit in 3Q 2021) Third quarter 2022 results: JP¥3.85 loss per share (down from JP¥5.88 profit in 3Q 2021). Revenue: JP¥6.38b (down 1.2% from 3Q 2021). Net loss: JP¥211.0m (down 166% from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Annonce • May 26
MTI Ltd. to Report Q3, 2022 Results on Aug 05, 2022 MTI Ltd. announced that they will report Q3, 2022 results on Aug 05, 2022 Reported Earnings • May 16
Second quarter 2022 earnings released: JP¥2.36 loss per share (vs JP¥29.92 loss in 2Q 2021) Second quarter 2022 results: JP¥2.36 loss per share (up from JP¥29.92 loss in 2Q 2021). Revenue: JP¥6.42b (down 4.7% from 2Q 2021). Net loss: JP¥129.0m (loss narrowed 92% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.