Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥23.61 (vs JP¥72.47 loss in FY 2024) Full year 2025 results: EPS: JP¥23.61 (up from JP¥72.47 loss in FY 2024). Revenue: JP¥5.49b (up 3.9% from FY 2024). Net income: JP¥126.0m (up JP¥519.0m from FY 2024). Profit margin: 2.3% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Annonce • Feb 13
ProjectHoldings, Inc., Annual General Meeting, Mar 28, 2026 ProjectHoldings, Inc., Annual General Meeting, Mar 28, 2026. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: JP¥7.52 (vs JP¥8.64 in 3Q 2024) Third quarter 2025 results: EPS: JP¥7.52 (down from JP¥8.64 in 3Q 2024). Revenue: JP¥1.38b (up 12% from 3Q 2024). Net income: JP¥40.0m (down 15% from 3Q 2024). Profit margin: 2.9% (down from 3.8% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Annonce • Sep 02
ProjectHoldings, Inc. to Report Q3, 2025 Results on Nov 14, 2025 ProjectHoldings, Inc. announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • Aug 16
Second quarter 2025 earnings released: JP¥5.97 loss per share (vs JP¥7.38 loss in 2Q 2024) Second quarter 2025 results: JP¥5.97 loss per share (improved from JP¥7.38 loss in 2Q 2024). Revenue: JP¥1.28b (up 2.3% from 2Q 2024). Net loss: JP¥31.7m (loss narrowed 21% from 2Q 2024). Annonce • Jun 29
ProjectHoldings, Inc. to Report Q2, 2025 Results on Aug 14, 2025 ProjectHoldings, Inc. announced that they will report Q2, 2025 results on Aug 14, 2025 Reported Earnings • May 21
First quarter 2025 earnings released: EPS: JP¥7.79 (vs JP¥4.43 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥7.79 (up from JP¥4.43 loss in 1Q 2024). Revenue: JP¥1.37b (down 4.7% from 1Q 2024). Net income: JP¥42.0m (up JP¥66.0m from 1Q 2024). Profit margin: 3.1% (up from net loss in 1Q 2024). New Risk • Apr 07
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 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Revenue has declined by 16% over the past year. Minor Risk Market cap is less than US$100m (JP¥5.31b market cap, or US$36.3m). Reported Earnings • Apr 05
Full year 2024 earnings released: JP¥72.47 loss per share (vs JP¥102 profit in FY 2023) Full year 2024 results: JP¥72.47 loss per share (down from JP¥102 profit in FY 2023). Revenue: JP¥5.28b (down 16% from FY 2023). Net loss: JP¥393.0m (down 167% from profit in FY 2023). Annonce • Mar 06
ProjectHoldings, Inc. to Report Q1, 2025 Results on May 15, 2025 ProjectHoldings, Inc. announced that they will report Q1, 2025 results on May 15, 2025 Annonce • Feb 17
ProjectHoldings, Inc., Annual General Meeting, Mar 29, 2025 ProjectHoldings, Inc., Annual General Meeting, Mar 29, 2025. Reported Earnings • Feb 16
Full year 2024 earnings released: JP¥72.47 loss per share (vs JP¥102 profit in FY 2023) Full year 2024 results: JP¥72.47 loss per share (down from JP¥102 profit in FY 2023). Revenue: JP¥5.28b (down 16% from FY 2023). Net loss: JP¥393.0m (down 167% from profit in FY 2023). Board Change • Dec 31
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Akiko Hashiguchi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annonce • Dec 03
ProjectHoldings, Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 ProjectHoldings, Inc. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Feb 14, 2025 New Risk • Nov 22
New major risk - Revenue and earnings growth Revenue has declined by 10% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Revenue has declined by 10% over the past year. Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.1% net profit margin). Market cap is less than US$100m (JP¥5.35b market cap, or US$34.7m). New Risk • Nov 12
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 6.1% 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 High level of non-cash earnings (33% accrual ratio). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (4.8% net profit margin). Market cap is less than US$100m (JP¥5.90b market cap, or US$38.3m). Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,089, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,025, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 76% over the past three years. Annonce • Aug 20
ProjectHoldings, Inc. to Report Q3, 2024 Results on Nov 14, 2024 ProjectHoldings, Inc. announced that they will report Q3, 2024 results on Nov 14, 2024 New Risk • Aug 05
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 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (6.9% net profit margin). Market cap is less than US$100m (JP¥5.21b market cap, or US$36.6m). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,188, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 54% over the past year. Buy Or Sell Opportunity • Aug 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to JP¥1,188. The fair value is estimated to be JP¥1,526, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last year. Earnings per share has declined by 36%. Annonce • Jun 02
ProjectHoldings, Inc. to Report Q2, 2024 Results on Aug 13, 2024 ProjectHoldings, Inc. announced that they will report Q2, 2024 results on Aug 13, 2024 Reported Earnings • May 21
First quarter 2024 earnings released: JP¥4.43 loss per share (vs JP¥23.64 profit in 1Q 2023) First quarter 2024 results: JP¥4.43 loss per share (down from JP¥23.64 profit in 1Q 2023). Revenue: JP¥1.44b (down 3.7% from 1Q 2023). Net loss: JP¥24.0m (down 118% from profit in 1Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Annonce • May 17
Kensuke Sekikawa agreed to acquire Project HR Solutions Co., Ltd. from ProjectHoldings, Inc. (TSE:9246) for ¥200 million Kensuke Sekikawa agreed to acquire Project HR Solutions Co., Ltd. from ProjectHoldings, Inc. (TSE:9246) for ¥200 million on May 15, 2024. Kensuke Sekikawa will acquire all 2000 shares. Annonce • May 16
ProjectHoldings, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2024 (January 1, 2024 - December 31, 2024) ProjectHoldings, Inc. provided earnings guidance for the Fiscal Year Ending December 31, 2024 (January 1, 2024 - December 31, 2024). For the period, the company expects Net sales JPY 5,750 million, Operating profit JPY (190) million, Profit attributable to owners of parent JPY (120) million and Basic earnings per share JPY (22.15). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,552, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 19x in the IT industry in Japan. Total loss to shareholders of 67% over the past year. New Risk • Feb 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. Minor Risks Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (9.4% net profit margin). Market cap is less than US$100m (JP¥7.63b market cap, or US$50.7m). Annonce • Feb 24
ProjectHoldings, Inc. to Report Q1, 2024 Results on May 15, 2024 ProjectHoldings, Inc. announced that they will report Q1, 2024 results on May 15, 2024 Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥1,455, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the IT industry in Japan. Total loss to shareholders of 75% over the past year. Reported Earnings • Feb 15
Full year 2023 earnings released Full year 2023 results: Revenue: JP¥6.28b (up 44% from FY 2022). Net income: JP¥587.9m (down 13% from FY 2022). Profit margin: 9.4% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Annonce • Feb 14
ProjectHoldings, Inc., Annual General Meeting, Mar 26, 2024 ProjectHoldings, Inc., Annual General Meeting, Mar 26, 2024. Annonce • Dec 05
ProjectCompany, Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 ProjectCompany, Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,163, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the IT industry in Japan. Total loss to shareholders of 66% over the past year. Reported Earnings • Nov 20
Third quarter 2023 earnings released: EPS: JP¥27.22 (vs JP¥37.69 in 3Q 2022) Third quarter 2023 results: EPS: JP¥27.22 (down from JP¥37.69 in 3Q 2022). Revenue: JP¥1.59b (up 16% from 3Q 2022). Net income: JP¥158.0m (down 27% from 3Q 2022). Profit margin: 9.9% (down from 16% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Annonce • Nov 17
ProjectCompany, Inc. (TSE:9246) announces an Equity Buyback for 325,000 shares, representing 5.58% for ¥833.95 million. ProjectCompany, Inc. (TSE:9246) announces a share repurchase program. Under the program, the company will repurchase 325,000 shares, representing 5.58% of its share capital, for ¥833.95 million, held by the company's former Representative Director and Vice President. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,589, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 66% over the past year. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥3,035, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 52% over the past year. New Risk • Oct 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$96.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥14.5b market cap, or US$96.9m). Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥2,764, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 19x in the IT industry in Japan. Total loss to shareholders of 52% over the past year. Annonce • Aug 31
ProjectCompany, Inc. to Report Q3, 2023 Results on Nov 14, 2023 ProjectCompany, Inc. announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: JP¥18.70 (vs JP¥37.69 in 2Q 2022) Second quarter 2023 results: EPS: JP¥18.70 (down from JP¥37.69 in 2Q 2022). Revenue: JP¥1.64b (up 19% from 2Q 2022). Net income: JP¥108.0m (down 50% from 2Q 2022). Profit margin: 6.6% (down from 16% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥2,013, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 67% over the past year. New Risk • Aug 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.3b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (JP¥14.3b market cap, or US$98.9m). Annonce • May 31
ProjectCompany, Inc. to Report Q2, 2023 Results on Aug 14, 2023 ProjectCompany, Inc. announced that they will report Q2, 2023 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥4,435, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 7.9% over the past year. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥4,105, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 10% over the past year. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥5,050, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 18x in the IT industry in Japan. Total returns to shareholders of 46% over the past year. Annonce • Feb 14
ProjectCompany, Inc., Annual General Meeting, Mar 28, 2023 ProjectCompany, Inc., Annual General Meeting, Mar 28, 2023. Annonce • Dec 28
ProjectCompany, Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023 ProjectCompany, Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023 Annonce • Nov 16
ProjectCompany, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022 ProjectCompany, Inc. provided consolidated earnings guidance for the year Ending December 31, 2022. For the year, the company expects net sales of JPY 4,160 million, operating profit of JPY 910 million, profit attributable to owners of parent JPY 620 million and basic earnings per share of JPY 109.63. Annonce • Sep 09
ProjectCompany, Inc. to Report Q3, 2022 Results on Nov 14, 2022 ProjectCompany, Inc. announced that they will report Q3, 2022 results on Nov 14, 2022 Annonce • Aug 13
ProjectCompany, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2022 ProjectCompany, Inc. provided earnings guidance for the fiscal year ending December 31, 2022. For the year, the company expects net sales of JPY 4,160 million, operating profit of JPY 910 million, Profit attributable to owners of parent of JPY 620 million and basic earnings per share of JPY 109.63. Annonce • Jun 30
ProjectCompany, Inc. to Report Q2, 2022 Results on Aug 15, 2022 ProjectCompany, Inc. announced that they will report Q2, 2022 results on Aug 15, 2022 Annonce • May 18
ProjectCompany, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2022 ProjectCompany, Inc. provided earnings guidance for the fiscal year ending December 31, 2022. For the year, the company expects net sales of JPY 3,500 million, operating profit of JPY 670 million, profit of JPY 470 million and basic earnings per share of JPY 83.38. Annonce • Apr 19
ProjectCompany, Inc. (TSE:9246) agreed to acquire uloqo Co., Ltd. from individual shareholders for approximately ¥200 million ProjectCompany, Inc. (TSE:9246) agreed to acquire uloqo Co., Ltd. from individual shareholders for approximately ¥200 million on April 18, 2022. As part of the transaction, ProjectCompany will acquire 2,000 shares in uloqo, representing 100% of the Voting right ownership. uloqo reported Net assets of ¥34 million, Total assets of ¥71 million, Sales of ¥98 million, Operating profit of ¥22 million, and Net profit of ¥14 million for the Fiscal year ended October, 2021. The transaction is resolved by the board of ProjectCompany and expected to complete on April 28, 2022. The transaction is expected to have a minor impact on business results for the current fiscal year of ProjectCompany. Annonce • Apr 08
ProjectCompany, Inc. to Report Q1, 2022 Results on May 16, 2022 ProjectCompany, Inc. announced that they will report Q1, 2022 results on May 16, 2022 Annonce • Feb 16
ProjectCompany, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2022 ProjectCompany, Inc. provided earnings guidance for the fiscal year ending December 31, 2022. For the period, the company expected net sales of JPY 3,500 million, operating profit of JPY 670 million, profit of JPY 470 million and basic earnings per share of JPY 83.38. Annonce • Feb 15
ProjectCompany, Inc., Annual General Meeting, Mar 29, 2022 ProjectCompany, Inc., Annual General Meeting, Mar 29, 2022.