Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥223 (vs JP¥190 in FY 2025) Full year 2026 results: EPS: JP¥223 (up from JP¥190 in FY 2025). Revenue: JP¥28.2b (up 6.1% from FY 2025). Net income: JP¥2.38b (up 14% from FY 2025). Profit margin: 8.4% (up from 7.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year. Annuncio • May 14
Rasa Corporation, Annual General Meeting, Jun 25, 2026 Rasa Corporation, Annual General Meeting, Jun 25, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥69.10 (vs JP¥55.45 in 3Q 2025) Third quarter 2026 results: EPS: JP¥69.10 (up from JP¥55.45 in 3Q 2025). Revenue: JP¥7.66b (up 14% from 3Q 2025). Net income: JP¥735.0m (up 21% from 3Q 2025). Profit margin: 9.6% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jan 19
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 5.4% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥2,174, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 107% over the past three years. Buy Or Sell Opportunity • Dec 24
Now 21% undervalued Over the last 90 days, the stock has risen 3.3% to JP¥1,792. The fair value is estimated to be JP¥2,256, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has grown by 3.1%. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥49.85 (vs JP¥38.36 in 2Q 2025) Second quarter 2026 results: EPS: JP¥49.85 (up from JP¥38.36 in 2Q 2025). Revenue: JP¥6.88b (up 11% from 2Q 2025). Net income: JP¥534.0m (up 27% from 2Q 2025). Profit margin: 7.8% (up from 6.7% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥36.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%). Annuncio • Sep 16
Rasa Corporation (TSE:3023) announces an Equity Buyback for 120,000 shares, representing 1.07% for ¥208.2 million. Rasa Corporation (TSE:3023) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 1.77% of its issued share capital (excluding treasury stock), for a total purchase price of ¥208.2 million. The shares will be repurchased at a price of ¥1,735 per share. The purpose of the program is to enhance shareholder returns and to implement a flexible capital policy in response to changes in the business environment. As of August 31, 2025, the company had 11,205,934 issued shares (excluding treasury stock) and 177,904 treasury shares. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥19.37 (vs JP¥19.42 in 1Q 2025) First quarter 2026 results: EPS: JP¥19.37 (down from JP¥19.42 in 1Q 2025). Revenue: JP¥5.77b (up 2.7% from 1Q 2025). Net income: JP¥208.0m (down 3.3% from 1Q 2025). Profit margin: 3.6% (down from 3.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: JP¥190 (vs JP¥178 in FY 2024) Full year 2025 results: EPS: JP¥190 (up from JP¥178 in FY 2024). Revenue: JP¥26.6b (down 4.8% from FY 2024). Net income: JP¥2.08b (up 4.1% from FY 2024). Profit margin: 7.8% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥190 (vs JP¥178 in FY 2024) Full year 2025 results: EPS: JP¥190 (up from JP¥178 in FY 2024). Revenue: JP¥26.6b (down 4.8% from FY 2024). Net income: JP¥2.08b (up 4.1% from FY 2024). Profit margin: 7.8% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 14
Rasa Corporation, Annual General Meeting, Jun 25, 2025 Rasa Corporation, Annual General Meeting, Jun 25, 2025. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$95.3m) 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,241, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 44% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 33% and the cash payout ratio is 80%. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Annuncio • Feb 21
Rasa Corporation (TSE:3023) announces an Equity Buyback for 200,000 shares, for ¥294.4 million. Rasa Corporation (TSE:3023) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.77% of its issued share capital (excluding treasury stock), for a total purchase price of ¥294.4 million. The shares will be repurchased at a price of ¥1,472 per share. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of January 31, 2025, the company had 11,300,034 issued shares (excluding treasury stock) and 683,804 treasury shares. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥55.45 (vs JP¥23.39 in 3Q 2024) Third quarter 2025 results: EPS: JP¥55.45 (up from JP¥23.39 in 3Q 2024). Revenue: JP¥6.73b (flat on 3Q 2024). Net income: JP¥607.0m (up 131% from 3Q 2024). Profit margin: 9.0% (up from 3.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.8% to JP¥1,470. The fair value is estimated to be JP¥1,221, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.7% over the last 3 years, while earnings per share has been flat. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥38.36 (vs JP¥32.42 in 2Q 2024) Second quarter 2025 results: EPS: JP¥38.36 (up from JP¥32.42 in 2Q 2024). Revenue: JP¥6.22b (down 5.3% from 2Q 2024). Net income: JP¥420.0m (up 15% from 2Q 2024). Profit margin: 6.7% (up from 5.5% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$99.5m) 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: Minor Risks Dividend is not well covered by cash flows (112% cash payout ratio). Market cap is less than US$100m (JP¥15.2b market cap, or US$99.5m). Upcoming Dividend • Sep 20
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.3%). Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥19.42 (vs JP¥29.25 in 1Q 2024) First quarter 2025 results: EPS: JP¥19.42 (down from JP¥29.25 in 1Q 2024). Revenue: JP¥5.62b (down 15% from 1Q 2024). Net income: JP¥215.0m (down 34% from 1Q 2024). Profit margin: 3.8% (down from 5.0% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,425, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 83% over the past three years. Annuncio • May 21
Rasa Corporation (TSE:3023) announces an Equity Buyback for 400,000 shares, representing 3.43% for ¥717.6 million. Rasa Corporation (TSE:3023) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 3.43% of its issued share capital (excluding treasury stock), for a total purchase price of ¥717.6 million. The shares will be repurchased at a price of ¥1,794 per share. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of April 30, 2024, the company had 11,660,034 issued shares (excluding treasury stock) and 323,804 treasury shares. Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥178 (vs JP¥184 in FY 2023) Full year 2024 results: EPS: JP¥178 (down from JP¥184 in FY 2023). Revenue: JP¥27.9b (down 5.9% from FY 2023). Net income: JP¥2.00b (down 5.5% from FY 2023). Profit margin: 7.2% (up from 7.1% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 10
Rasa Corporation, Annual General Meeting, Jun 25, 2024 Rasa Corporation, Annual General Meeting, Jun 25, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,840, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 134% over the past three years. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥23.39 (vs JP¥63.40 in 3Q 2023) Third quarter 2024 results: EPS: JP¥23.39 (down from JP¥63.40 in 3Q 2023). Revenue: JP¥6.73b (down 14% from 3Q 2023). Net income: JP¥263.0m (down 64% from 3Q 2023). Profit margin: 3.9% (down from 9.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥32.42 (vs JP¥34.97 in 2Q 2023) Second quarter 2024 results: EPS: JP¥32.42 (down from JP¥34.97 in 2Q 2023). Revenue: JP¥6.57b (down 4.8% from 2Q 2023). Net income: JP¥364.0m (down 10% from 2Q 2023). Profit margin: 5.5% (down from 5.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥34.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.8%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥29.25 (vs JP¥22.79 in 1Q 2023) First quarter 2024 results: EPS: JP¥29.25 (up from JP¥22.79 in 1Q 2023). Revenue: JP¥6.58b (down 1.0% from 1Q 2023). Net income: JP¥327.0m (up 23% from 1Q 2023). Profit margin: 5.0% (up from 4.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥184 (vs JP¥173 in FY 2022) Full year 2023 results: EPS: JP¥184 (up from JP¥173 in FY 2022). Revenue: JP¥29.7b (down 5.3% from FY 2022). Net income: JP¥2.11b (up 5.0% from FY 2022). Profit margin: 7.1% (up from 6.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥39.00 per share at 4.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.8%). Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,601, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Total returns to shareholders of 111% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥63.40 (vs JP¥30.62 in 3Q 2022) Third quarter 2023 results: EPS: JP¥63.40 (up from JP¥30.62 in 3Q 2022). Revenue: JP¥7.86b (up 9.6% from 3Q 2022). Net income: JP¥730.0m (up 105% from 3Q 2022). Profit margin: 9.3% (up from 5.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 14% per year. Annuncio • Dec 24
Rasa Corporation (TSE:3023) announces an Equity Buyback for 420,000 shares, representing 3.5% for ¥400 million. Rasa Corporation (TSE:3023) announces a share repurchase program. Under the program, the company will repurchase 420,000 shares, representing 3.5% of the outstanding shares, for ¥400 million. The purpose of the program is to return profits to shareholders, improve capital efficiency, and implement a flexible capital policy that responds to the business environment. The program is valid till April 28, 2023. As of September 30, 2022, the company had 11,983,837 shares outstanding (excluding treasury stock) and 1 share in treasury. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥34.97 (vs JP¥37.24 in 2Q 2022) Second quarter 2023 results: EPS: JP¥34.97 (down from JP¥37.24 in 2Q 2022). Revenue: JP¥6.90b (down 9.3% from 2Q 2022). Net income: JP¥405.0m (down 6.5% from 2Q 2022). Profit margin: 5.9% (up from 5.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Hiroshi Yamaguchi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥34.97 (vs JP¥37.24 in 2Q 2022) Second quarter 2023 results: EPS: JP¥34.97 (down from JP¥37.24 in 2Q 2022). Revenue: JP¥6.90b (down 9.3% from 2Q 2022). Net income: JP¥405.0m (down 6.5% from 2Q 2022). Profit margin: 5.9% (up from 5.7% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.6%). Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥22.79 (vs JP¥29.42 in 1Q 2022) First quarter 2023 results: EPS: JP¥22.79 (down from JP¥29.42 in 1Q 2022). Revenue: JP¥6.64b (down 10% from 1Q 2022). Net income: JP¥265.0m (down 23% from 1Q 2022). Profit margin: 4.0% (down from 4.6% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥173 (vs JP¥133 in FY 2021) Full year 2022 results: EPS: JP¥173 (up from JP¥133 in FY 2021). Revenue: JP¥31.3b (up 17% from FY 2021). Net income: JP¥2.01b (up 30% from FY 2021). Profit margin: 6.4% (up from 5.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Hiroshi Yamaguchi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 02
Rasa Corporation, Annual General Meeting, Jun 28, 2022 Rasa Corporation, Annual General Meeting, Jun 28, 2022. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.4%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥30.62 (up from JP¥28.81 in 3Q 2021). Revenue: JP¥7.18b (up 2.7% from 3Q 2021). Net income: JP¥356.0m (up 6.3% from 3Q 2021). Profit margin: 5.0% (up from 4.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • Oct 31
Second quarter 2022 earnings released: EPS JP¥37.24 (vs JP¥23.65 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥7.61b (up 38% from 2Q 2021). Net income: JP¥433.0m (up 57% from 2Q 2021). Profit margin: 5.7% (up from 5.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (3.4%). Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (3.0%). Is New 90 Day High Low • Mar 11
New 90-day high: JP¥932 The company is up 3.0% from its price of JP¥905 on 11 December 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 19% over the same period. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥930 The company is up 4.0% from its price of JP¥897 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 14% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥28.38 (vs JP¥24.78 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.93b (up 7.3% from 3Q 2020). Net income: JP¥330.0m (up 15% from 3Q 2020). Profit margin: 4.8% (up from 4.5% 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 3% per year whereas the company’s share price has remained flat. 
