New Risk • Jun 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.7% 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 Market cap is less than US$10m (JP¥692.3m market cap, or US$4.28m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Reported Earnings • May 20
First quarter 2026 earnings released: JP¥8.45 loss per share (vs JP¥7.04 loss in 1Q 2025) First quarter 2026 results: JP¥8.45 loss per share (further deteriorated from JP¥7.04 loss in 1Q 2025). Revenue: JP¥195.0m (down 18% from 1Q 2025). Net loss: JP¥18.0m (loss widened 20% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Audit & Supervisory Board Member Hiroshi Ouchi was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Mar 16
Fuji Japan Co. Ltd., Annual General Meeting, Mar 27, 2026 Fuji Japan Co. Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: hotel north city, 2nd floor, minami 9-jo nishi 1-chome, chuo-ku, sapporo city, sapporo Japan Reported Earnings • Aug 13
Second quarter 2024 earnings released: JP¥7.51 loss per share (vs JP¥4.70 profit in 2Q 2023) Second quarter 2024 results: JP¥7.51 loss per share (down from JP¥4.70 profit in 2Q 2023). Revenue: JP¥295.0m (down 30% from 2Q 2023). Net loss: JP¥16.0m (down 260% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: JP¥0.94 (vs JP¥2.82 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥0.94 (up from JP¥2.82 loss in 1Q 2023). Revenue: JP¥280.0m (down 14% from 1Q 2023). Net income: JP¥2.00m (up JP¥8.00m from 1Q 2023). Profit margin: 0.7% (up from net loss in 1Q 2023). The move to profitability was 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 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 11
Full year 2023 earnings released: JP¥29.58 loss per share (vs JP¥7.98 loss in FY 2022) Full year 2023 results: JP¥29.58 loss per share (further deteriorated from JP¥7.98 loss in FY 2022). Revenue: JP¥1.34b (down 14% from FY 2022). Net loss: JP¥63.0m (loss widened 271% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 12
Third quarter 2023 earnings released: JP¥1.88 loss per share (vs JP¥4.70 profit in 3Q 2022) Third quarter 2023 results: JP¥1.88 loss per share (down from JP¥4.70 profit in 3Q 2022). Revenue: JP¥344.0m (down 12% from 3Q 2022). Net loss: JP¥4.00m (down 140% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Board Change • Aug 30
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. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 • Aug 12
Second quarter 2023 earnings released: EPS: JP¥4.70 (vs JP¥7.51 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥4.70 (up from JP¥7.51 loss in 2Q 2022). Revenue: JP¥420.0m (up 3.2% from 2Q 2022). Net income: JP¥10.0m (up JP¥26.0m from 2Q 2022). Profit margin: 2.4% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Full year 2022 earnings released: JP¥7.98 loss per share (vs JP¥20.19 profit in FY 2021) Full year 2022 results: JP¥7.98 loss per share (down from JP¥20.19 profit in FY 2021). Revenue: JP¥1.55b (down 8.4% from FY 2021). Net loss: JP¥17.0m (down 140% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥4.70 (vs JP¥10.80 in 3Q 2021) Third quarter 2022 results: EPS: JP¥4.70 (down from JP¥10.80 in 3Q 2021). Revenue: JP¥391.0m (down 13% from 3Q 2021). Net income: JP¥10.0m (down 56% from 3Q 2021). Profit margin: 2.6% (down from 5.1% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. 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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . 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 • Aug 12
Second quarter 2022 earnings released: JP¥7.51 loss per share (vs JP¥8.45 profit in 2Q 2021) Second quarter 2022 results: JP¥7.51 loss per share (down from JP¥8.45 profit in 2Q 2021). Revenue: JP¥407.0m (down 11% from 2Q 2021). Net loss: JP¥16.0m (down 189% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. 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. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥397, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 10x in the Building industry in Japan. Total loss to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥307, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 11x in the Building industry in Japan. Total returns to shareholders of 28% over the past three years. Upcoming Dividend • Dec 22
Inaugural dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 March 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Fuji Japan since going public. The average dividend yield among industry peers is 1.5%. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥403, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 11x in the Building industry in Japan. Total returns to shareholders of 55% over the past three years. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS JP¥10.80 (vs JP¥9.39 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥451.0m (up 16% from 3Q 2020). Net income: JP¥23.0m (up 15% from 3Q 2020). Profit margin: 5.1% (down from 5.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥498, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 13x in the Building industry in Japan. Total returns to shareholders of 4.7% over the past year. Reported Earnings • May 14
First quarter 2021 earnings released: EPS JP¥5.16 (vs JP¥5.16 in 1Q 2020) The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2021 results: Revenue: JP¥389.0m (up 6.0% from 1Q 2020). Net income: JP¥11.0m (flat on 1Q 2020). Profit margin: 2.8% (down from 3.0% in 1Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improved over the past week After last week's 30% share price gain to JP¥600, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 14x in the Building industry in Japan. Total returns to shareholders of 49% over the past year. Reported Earnings • Apr 04
Full year 2020 earnings released: EPS JP¥18.78 (vs JP¥28.17 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.48b (down 1.7% from FY 2019). Net income: JP¥40.0m (down 33% from FY 2019). Profit margin: 2.7% (down from 4.0% in FY 2019). Is New 90 Day High Low • Mar 09
New 90-day high: JP¥472 The company is up 31% from its price of JP¥360 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 1.0% over the same period. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥18.78 (vs JP¥28.17 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.48b (down 1.7% from FY 2019). Net income: JP¥40.0m (down 33% from FY 2019). Profit margin: 2.7% (down from 4.0% in FY 2019). Is New 90 Day High Low • Feb 04
New 90-day high: JP¥395 The company is up 2.0% from its price of JP¥387 on 05 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: JP¥360 The company is down 10.0% from its price of JP¥400 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 15% over the same period. Reported Earnings • Nov 16
Third quarter 2020 earnings released: EPS JP¥9.39 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: JP¥388.0m (down 4.0% from 3Q 2019). Net income: JP¥20.0m (down 9.1% from 3Q 2019). Profit margin: 5.2% (down from 5.4% in 3Q 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Nov 02
New 90-day low: JP¥386 The company is down 7.0% from its price of JP¥415 on 04 August 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 8.0% over the same period.