New Risk • Apr 10
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 10
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥27.88 (up from JP¥10.19 loss in FY 2025). Revenue: JP¥87.1b (up 4.4% from FY 2025). Net income: JP¥446.0m (up JP¥609.0m from FY 2025). Profit margin: 0.5% (up from net loss in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annonce • Apr 09
Can Do Co., Ltd., Annual General Meeting, May 26, 2026 Can Do Co., Ltd., Annual General Meeting, May 26, 2026. Annonce • Apr 02
Can Do Co., Ltd. to Report Fiscal Year 2026 Results on Apr 09, 2026 Can Do Co., Ltd. announced that they will report fiscal year 2026 results on Apr 09, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 26 May 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.3%). New Risk • Jan 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 09
Third quarter 2026 earnings released: JP¥1.00 loss per share (vs JP¥10.69 profit in 3Q 2025) Third quarter 2026 results: JP¥1.00 loss per share (down from JP¥10.69 profit in 3Q 2025). Revenue: JP¥21.6b (up 4.3% from 3Q 2025). Net loss: JP¥16.0m (down 109% from profit in 3Q 2025). Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Multiline Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Declared Dividend • Nov 27
First half dividend of JP¥8.50 announced Shareholders will receive a dividend of JP¥8.50. Ex-date: 26th February 2026 Payment date: 26th May 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 34%. Cash payout ratio: 27%. Annonce • Nov 01
Can Do Co., Ltd. to Report Q3, 2026 Results on Jan 08, 2026 Can Do Co., Ltd. announced that they will report Q3, 2026 results at 9:00 AM, Tokyo Standard Time on Jan 08, 2026 Reported Earnings • Oct 11
Second quarter 2026 earnings released: EPS: JP¥22.69 (vs JP¥20.13 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥22.69 (up from JP¥20.13 loss in 2Q 2025). Revenue: JP¥21.4b (up 2.7% from 2Q 2025). Net income: JP¥363.0m (up JP¥685.0m from 2Q 2025). Profit margin: 1.7% (up from net loss in 2Q 2025). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Multiline Retail 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 18% per year. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 26 November 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.2%). Annonce • Aug 01
Can Do Co., Ltd. to Report Q2, 2026 Results on Oct 10, 2025 Can Do Co., Ltd. announced that they will report Q2, 2026 results on Oct 10, 2025 Reported Earnings • Jul 14
First quarter 2026 earnings released: EPS: JP¥22.63 (vs JP¥4.94 in 1Q 2025) First quarter 2026 results: EPS: JP¥22.63 (up from JP¥4.94 in 1Q 2025). Revenue: JP¥22.0b (up 4.9% from 1Q 2025). Net income: JP¥362.0m (up 358% from 1Q 2025). Profit margin: 1.6% (up from 0.4% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Declared Dividend • Jun 18
Final dividend of JP¥8.50 announced Shareholders will receive a dividend of JP¥8.50. Ex-date: 28th August 2025 Payment date: 26th November 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.2%. Annonce • May 27
Can Do Co., Ltd. to Report Q1, 2025 Results on Jul 10, 2025 Can Do Co., Ltd. announced that they will report Q1, 2025 results on Jul 10, 2025 Reported Earnings • Apr 11
Full year 2025 earnings released: JP¥10.19 loss per share (vs JP¥72.95 loss in FY 2024) Full year 2025 results: JP¥10.19 loss per share (improved from JP¥72.95 loss in FY 2024). Revenue: JP¥83.4b (up 3.8% from FY 2024). Net loss: JP¥163.0m (loss narrowed 86% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annonce • Apr 10
Can Do Co., Ltd., Annual General Meeting, May 23, 2025 Can Do Co., Ltd., Annual General Meeting, May 23, 2025. Annonce • Apr 03
Can Do Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2025 Can Do Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2025 Upcoming Dividend • Feb 20
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 26 May 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.4%). Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥10.69 (vs JP¥60.44 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.69 (up from JP¥60.44 loss in 3Q 2024). Revenue: JP¥20.7b (flat on 3Q 2024). Net income: JP¥171.0m (up JP¥1.14b from 3Q 2024). Profit margin: 0.8% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Annonce • Nov 27
Can Do Co., Ltd. to Report Q3, 2025 Results on Jan 09, 2025 Can Do Co., Ltd. announced that they will report Q3, 2025 results on Jan 09, 2025 Declared Dividend • Nov 27
First half dividend of JP¥8.50 announced Shareholders will receive a dividend of JP¥8.50. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.2%. Reported Earnings • Oct 10
Second quarter 2025 earnings released: JP¥19.82 loss per share (vs JP¥16.21 loss in 2Q 2024) Second quarter 2025 results: JP¥19.82 loss per share (further deteriorated from JP¥16.21 loss in 2Q 2024). Revenue: JP¥20.8b (flat on 2Q 2024). Net loss: JP¥317.0m (loss widened 22% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 27 November 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Annonce • Jul 27
Can Do Co., Ltd. to Report Q2, 2024 Results on Oct 08, 2024 Can Do Co., Ltd. announced that they will report Q2, 2024 results on Oct 08, 2024 Reported Earnings • Jul 15
First quarter 2025 earnings released First quarter 2025 results: EPS: JP¥4.63. Net income: JP¥74.0m (up JP¥74.0m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 140 percentage points per year, which is a significant difference in performance. Declared Dividend • Jun 15
Final dividend of JP¥8.50 announced Shareholders will receive a dividend of JP¥8.50. Ex-date: 29th August 2024 Payment date: 27th November 2024 Dividend yield will be 0.5%, which is lower than the industry average of 1.2%. Annonce • May 06
Can Do Co., Ltd. to Report Q1, 2025 Results on Jul 11, 2024 Can Do Co., Ltd. announced that they will report Q1, 2025 results on Jul 11, 2024 Annonce • Apr 11
Can Do Co., Ltd., Annual General Meeting, May 23, 2024 Can Do Co., Ltd., Annual General Meeting, May 23, 2024. Reported Earnings • Apr 10
Full year 2024 earnings released: JP¥28.72 loss per share (vs JP¥28.23 loss in FY 2023) Full year 2024 results: JP¥28.72 loss per share (further deteriorated from JP¥28.23 loss in FY 2023). Revenue: JP¥80.4b (up 7.1% from FY 2023). Net loss: JP¥459.0m (loss widened 1.8% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 146 percentage points per year, which is a significant difference in performance. Annonce • Feb 24
Can Do Co., Ltd. to Report Fiscal Year 2024 Results on Apr 09, 2024 Can Do Co., Ltd. announced that they will report fiscal year 2024 results on Apr 09, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 24 May 2024. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.2%). Annonce • Nov 29
Can Do Co., Ltd. to Report Q3, 2024 Results on Jan 10, 2024 Can Do Co., Ltd. announced that they will report Q3, 2024 results on Jan 10, 2024 Reported Earnings • Oct 11
Third quarter 2023 earnings released Third quarter 2023 results: Net income: (up JP¥155.0m from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Annonce • Sep 02
Can Do Co., Ltd. to Report Q2, 2024 Results on Oct 10, 2023 Can Do Co., Ltd. announced that they will report Q2, 2024 results on Oct 10, 2023 Annonce • May 31
Can Do Co., Ltd. to Report Q1, 2024 Results on Jul 11, 2023 Can Do Co., Ltd. announced that they will report Q1, 2024 results on Jul 11, 2023 Reported Earnings • May 30
Full year 2023 earnings released: JP¥28.23 loss per share (vs JP¥0.81 loss in FY 2022) Full year 2023 results: JP¥28.23 loss per share (further deteriorated from JP¥0.81 loss in FY 2022). Revenue: JP¥75.0b (up 3.5% from FY 2022). Net loss: JP¥451.0m (loss widened JP¥438.0m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 13
Full year 2023 earnings released: JP¥28.23 loss per share (vs JP¥0.81 loss in FY 2022) Full year 2023 results: JP¥28.23 loss per share (further deteriorated from JP¥0.81 loss in FY 2022). Revenue: JP¥75.0b (up 3.5% from FY 2022). Net loss: JP¥451.0m (loss widened JP¥438.0m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Annonce • Feb 17
Can Do Co., Ltd. to Report Fiscal Year 2023 Results on Apr 11, 2023 Can Do Co., Ltd. announced that they will report fiscal year 2023 results on Apr 11, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. No independent directors (8 non-independent directors). External Director Tetsuro Kamijikkoku was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 05
Third quarter 2022 earnings released: JP¥9.70 loss per share (vs JP¥10.84 loss in 3Q 2021) Third quarter 2022 results: JP¥9.70 loss per share (improved from JP¥10.84 loss in 3Q 2021). Revenue: JP¥18.1b (up 1.9% from 3Q 2021). Net loss: JP¥155.0m (loss narrowed 10% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annonce • Aug 20
Can Do Co., Ltd. to Report Q3, 2022 Results on Oct 04, 2022 Can Do Co., Ltd. announced that they will report Q3, 2022 results on Oct 04, 2022 Reported Earnings • Jul 07
Second quarter 2022 earnings released: EPS: JP¥6.45 (vs JP¥9.84 in 2Q 2021) Second quarter 2022 results: EPS: JP¥6.45 (down from JP¥9.84 in 2Q 2021). Revenue: JP¥18.7b (up 1.2% from 2Q 2021). Net income: JP¥103.0m (down 34% from 2Q 2021). Profit margin: 0.5% (down from 0.8% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • May 23
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 25 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%). Annonce • May 13
Can Do Co., Ltd. to Report Q2, 2022 Results on Jul 05, 2022 Can Do Co., Ltd. announced that they will report Q2, 2022 results on Jul 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. 6 experienced directors. 2 highly experienced directors. No independent directors (8 non-independent directors). External Director Tetsuro Kamijikkoku was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 08
First quarter 2022 earnings released: EPS: JP¥6.77 (vs JP¥19.77 in 1Q 2021) First quarter 2022 results: EPS: JP¥6.77 (down from JP¥19.77 in 1Q 2021). Revenue: JP¥18.1b (down 3.7% from 1Q 2021). Net income: JP¥108.0m (down 66% from 1Q 2021). Profit margin: 0.6% (down from 1.7% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annonce • Apr 07
Can Do Co., Ltd. to Report Q1, 2022 Results on Apr 07, 2022 Can Do Co., Ltd. announced that they will report Q1, 2022 results on Apr 07, 2022 Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥12.16 (down from JP¥27.64 in FY 2020). Revenue: JP¥73.1b (flat on FY 2020). Net income: JP¥194.0m (down 56% from FY 2020). Profit margin: 0.3% (down from 0.6% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Jan 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥12.16 (down from JP¥27.64 in FY 2020). Revenue: JP¥73.1b (flat on FY 2020). Net income: JP¥194.0m (down 56% from FY 2020). Profit margin: 0.3% (down from 0.6% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 22
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 26 February 2022. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.6%). Reported Earnings • Oct 15
Third quarter 2021 earnings released: JP¥10.84 loss per share (vs JP¥4.40 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥17.8b (down 2.5% from 3Q 2020). Net loss: JP¥173.0m (down 347% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥2,258, the stock trades at a trailing P/E ratio of 72.8x. Average trailing P/E is 11x in the Multiline Retail industry in Japan. Total returns to shareholders of 36% over the past three years. Reported Earnings • Jul 15
Second quarter 2021 earnings released: EPS JP¥9.84 (vs JP¥11.75 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: JP¥18.5b (up 2.2% from 2Q 2020). Net income: JP¥157.0m (down 16% from 2Q 2020). Profit margin: 0.8% (down from 1.0% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • May 22
Upcoming dividend of JP¥8.50 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 25 August 2021. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.5%). Reported Earnings • Apr 16
First quarter 2021 earnings released: EPS JP¥19.77 (vs JP¥14.45 in 1Q 2020) The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: JP¥18.8b (flat on 1Q 2020). Net income: JP¥315.0m (up 37% from 1Q 2020). Profit margin: 1.7% (up from 1.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 15
New 90-day high: JP¥1,948 The company is up 3.0% from a price of JP¥1,890 on 15 December 2020. Underperformed the Japanese market, which is up 9.0% over the last 90 days. Lagged the Multiline Retail industry, which is up 14% over the same period. Reported Earnings • Mar 03
Full year 2020 earnings released: EPS JP¥27.64 (vs JP¥20.42 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥73.0b (up 2.4% from FY 2019). Net income: JP¥440.0m (up 35% from FY 2019). Profit margin: 0.6% (up from 0.5% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annonce • Feb 14
Can Do Co., Ltd. to Report Q1, 2021 Results on Mar 13, 2021 Can Do Co., Ltd. announced that they will report Q1, 2021 results on Mar 13, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: JP¥1,840 The company is down 4.0% from its price of JP¥1,913 on 30 October 2020. The Japanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 8.0% over the same period. Annonce • Jan 16
Can Do Co., Ltd., Annual General Meeting, Feb 25, 2021 Can Do Co., Ltd., Annual General Meeting, Feb 25, 2021. Reported Earnings • Jan 15
Full year 2020 earnings released: EPS JP¥27.64 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥73.0b (up 2.4% from FY 2019). Net income: JP¥440.0m (up 35% from FY 2019). Profit margin: 0.6% (up from 0.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Annonce • Nov 27
Can Do Co., Ltd. to Report Fiscal Year 2020 Results on Jan 14, 2021 Can Do Co., Ltd. announced that they will report fiscal year 2020 results on Jan 14, 2021 Annonce • Aug 27
Can Do Co., Ltd. to Report Q3, 2020 Results on Oct 14, 2020 Can Do Co., Ltd. announced that they will report Q3, 2020 results on Oct 14, 2020