Reported Earnings • May 15
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥80.20 (up from JP¥65.13 in FY 2025). Revenue: JP¥52.4b (up 16% from FY 2025). Net income: JP¥1.48b (up 23% from FY 2025). Profit margin: 2.8% (up from 2.7% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year. Annuncio • May 13
Hurxley Corporation, Annual General Meeting, Jun 22, 2026 Hurxley Corporation, Annual General Meeting, Jun 22, 2026. Annuncio • May 10
Hurxley Corporation to Report Fiscal Year 2026 Results on May 13, 2026 Hurxley Corporation announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥38.99 (vs JP¥34.18 in 3Q 2025) Third quarter 2026 results: EPS: JP¥38.99 (up from JP¥34.18 in 3Q 2025). Revenue: JP¥13.5b (up 15% from 3Q 2025). Net income: JP¥721.0m (up 14% from 3Q 2025). Profit margin: 5.3% (down from 5.4% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Declared Dividend • Dec 02
First half dividend of JP¥14.00 announced Shareholders will receive a dividend of JP¥14.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 4.3%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Nov 29
Hurxley Corporation to Report Q3, 2026 Results on Feb 10, 2026 Hurxley Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥19.69 (vs JP¥7.30 in 2Q 2025) Second quarter 2026 results: EPS: JP¥19.69 (up from JP¥7.30 in 2Q 2025). Revenue: JP¥12.6b (up 21% from 2Q 2025). Net income: JP¥364.0m (up 170% from 2Q 2025). Profit margin: 2.9% (up from 1.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%). Annuncio • Sep 02
Hurxley Corporation to Report Q2, 2026 Results on Nov 12, 2025 Hurxley Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥8.44 (vs JP¥26.09 in 1Q 2025) First quarter 2026 results: EPS: JP¥8.44 (down from JP¥26.09 in 1Q 2025). Revenue: JP¥12.9b (up 21% from 1Q 2025). Net income: JP¥156.0m (down 68% from 1Q 2025). Profit margin: 1.2% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. 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 9% per year. New Risk • Jul 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.8% 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 Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥11.5b market cap, or US$77.9m). Declared Dividend • Jul 09
Final dividend of JP¥14.00 announced Shareholders will receive a dividend of JP¥14.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 71% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥65.13 (down from JP¥86.87 in FY 2024). Revenue: JP¥45.2b (down 3.4% from FY 2024). Net income: JP¥1.20b (down 25% from FY 2024). Profit margin: 2.7% (down from 3.4% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 03
Hurxley Corporation to Report Q1, 2026 Results on Aug 06, 2025 Hurxley Corporation announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • May 19
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥65.13 (down from JP¥86.87 in FY 2024). Revenue: JP¥45.2b (down 3.4% from FY 2024). Net income: JP¥1.20b (down 25% from FY 2024). Profit margin: 2.7% (down from 3.4% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥584, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 23% over the past three years. Annuncio • May 14
Hurxley Corporation, Annual General Meeting, Jun 25, 2025 Hurxley Corporation, Annual General Meeting, Jun 25, 2025. Annuncio • Apr 15
TKP Corporation (TSE:3479) agreed to acquire 35% stake in Ajikobo Suisen, K.K. from Hurxley Corporation (TSE:7561). TKP Corporation (TSE:3479) agreed to acquire 35% stake in Ajikobo Suisen, K.K. from Hurxley Corporation (TSE:7561) on April 14, 2025.
For the period ending February 28, 2025, Ajikobo Suisen, K.K. reported total revenue of ¥36.5 billion.
The expected completion of the transaction is April 24, 2025. Buy Or Sell Opportunity • Apr 08
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to JP¥606. The fair value is estimated to be JP¥499, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Annuncio • Mar 05
Hurxley Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Hurxley Corporation announced that they will report fiscal year 2025 results on May 14, 2025 New Risk • Mar 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥12.4b market cap, or US$82.3m). Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥34.18 (vs JP¥26.30 in 3Q 2024) Third quarter 2025 results: EPS: JP¥34.18 (up from JP¥26.30 in 3Q 2024). Revenue: JP¥11.8b (up 4.8% from 3Q 2024). Net income: JP¥632.0m (up 30% from 3Q 2024). Profit margin: 5.4% (up from 4.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Dec 03
Hurxley Corporation to Report Q3, 2025 Results on Feb 12, 2025 Hurxley Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Declared Dividend • Dec 03
First half dividend of JP¥13.00 announced Shareholders will receive a dividend of JP¥13.00. Ex-date: 28th March 2025 Payment date: 20th June 2025 Dividend yield will be 3.9%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Nov 22
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥12.6b market cap, or US$81.4m). Annuncio • Nov 13
Hurxley Corporation (TSE:7561) agreed to acquire Hosoya Corporation.Co.,Ltd. from J-GIA No. 2 Investment Limited Partnership a fund managed by Japan Growth Investments Alliance, Inc., and JG II GP Limited. Hurxley Corporation (TSE:7561) agreed to acquire Hosoya Corporation.Co.,Ltd. from J-GIA No. 2 Investment Limited Partnership a fund managed by Japan Growth Investments Alliance, Inc., and JG II GP Limited on November 13, 2024. As of September 30, 2024 Hosoya Corporation.Co.,Ltd. had net assets of ¥1.556 billion total assets of ¥6.118 billion. The expected completion of the transaction is December 16, 2024. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%). Major Estimate Revision • Aug 29
Consensus EPS estimates increase by 11%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥49.0b to JP¥48.5b. EPS estimate rose from JP¥97.40 to JP¥108. Net income forecast to grow 33% next year vs 15% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥1,600 to JP¥1,800. Share price rose 9.5% to JP¥805 over the past week. Price Target Changed • Aug 28
Price target increased by 20% to JP¥1,800 Up from JP¥1,500, the current price target is provided by 1 analyst. New target price is 136% above last closing price of JP¥764. Stock is up 7.8% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥86.86 last year. Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: JP¥26.09 (vs JP¥27.99 in 1Q 2024) First quarter 2025 results: EPS: JP¥26.09 (down from JP¥27.99 in 1Q 2024). Revenue: JP¥10.7b (down 4.2% from 1Q 2024). Net income: JP¥482.0m (down 6.4% from 1Q 2024). Profit margin: 4.5% (down from 4.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 12% 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 18% After last week's 18% share price decline to JP¥631, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 38% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥13.00 announced Shareholders will receive a dividend of JP¥13.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (229% cash payout ratio). The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to JP¥789. The fair value is estimated to be JP¥991, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 57%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Reported Earnings • Jun 26
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥86.87 (up from JP¥56.91 in FY 2023). Revenue: JP¥46.8b (up 31% from FY 2023). Net income: JP¥1.60b (up 53% from FY 2023). Profit margin: 3.4% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality 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 only increased by 17% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jun 01
Consensus EPS estimates fall by 18% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥119 to JP¥97.40 per share. Revenue forecast steady at JP¥49.0b. Net income forecast to grow 12% next year vs 18% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥1,600 unchanged from last update. Share price was steady at JP¥780 over the past week. Reported Earnings • May 21
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥86.86 (up from JP¥56.91 in FY 2023). Revenue: JP¥46.8b (up 31% from FY 2023). Net income: JP¥1.60b (up 53% from FY 2023). Profit margin: 3.4% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Hospitality 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 only increased by 19% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 15
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.8% to JP¥862. The fair value is estimated to be JP¥1,102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 46% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%). New Risk • Mar 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Annuncio • Mar 02
Hurxley Corporation to Report Fiscal Year 2024 Results on May 15, 2024 Hurxley Corporation announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥26.30 (vs JP¥11.96 in 3Q 2023) Third quarter 2024 results: EPS: JP¥26.30 (up from JP¥11.96 in 3Q 2023). Revenue: JP¥11.2b (up 14% from 3Q 2023). Net income: JP¥485.0m (up 121% from 3Q 2023). Profit margin: 4.3% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥991, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 26x in the Hospitality industry in Japan. Total returns to shareholders of 140% over the past three years. Annuncio • Dec 28
Hurxley Corporation to Report Q3, 2024 Results on Feb 14, 2024 Hurxley Corporation announced that they will report Q3, 2024 results on Feb 14, 2024 Major Estimate Revision • Dec 15
Consensus EPS estimates increase by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥45.5b to JP¥47.3b. EPS estimate increased from JP¥87.40 to JP¥111 per share. Net income forecast to grow 66% next year vs 27% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥1,500 to JP¥1,600. Share price rose 28% to JP¥851 over the past week. New Risk • Oct 30
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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.0% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥11.8b market cap, or US$78.8m). Annuncio • Sep 30
Hurxley Corporation to Report Q2, 2024 Results on Nov 14, 2023 Hurxley Corporation announced that they will report Q2, 2024 results on Nov 14, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥9.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.5%). Annuncio • Aug 10
Hurxley Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Fiscal Year Ending March 31, 2024 Hurxley Corporation provided consolidated earnings guidance for the six months ending September 30, 2023 and fiscal year ending March 31, 2024. For the period, the company expects net sales to be JPY 20,000 million. operating profit to be JPY 500 million, profit attributable to owners of parent to be JPY 500 million and basic earnings per share to be JPY 27.18.For the fiscal year, the company expects net sales to be JPY 44,500 million. operating profit to be JPY 1,650 million, profit attributable to owners of parent to be JPY 1,400 million and basic earnings per share to be JPY 76.09. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: JP¥27.99 (vs JP¥5.27 in 1Q 2023) First quarter 2024 results: EPS: JP¥27.99 (up from JP¥5.27 in 1Q 2023). Revenue: JP¥11.1b (up 61% from 1Q 2023). Net income: JP¥515.0m (up 431% from 1Q 2023). Profit margin: 4.6% (up from 1.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 30
Hurxley Corporation to Report Q1, 2024 Results on Aug 09, 2023 Hurxley Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • Jun 24
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥56.91 (up from JP¥53.16 in FY 2022). Revenue: JP¥35.6b (up 12% from FY 2022). Net income: JP¥1.05b (up 7.1% from FY 2022). Profit margin: 2.9% (down from 3.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Hospitality industry in Japan. 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 17
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥56.91 (up from JP¥53.16 in FY 2022). Revenue: JP¥35.6b (up 12% from FY 2022). Net income: JP¥1.05b (up 7.1% from FY 2022). Profit margin: 2.9% (down from 3.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • May 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be JP¥921, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 6.3%. Revenue is forecast to grow by 45% in 2 years. Earnings is forecast to grow by 154% in the next 2 years. Buying Opportunity • Apr 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.9%. The fair value is estimated to be JP¥948, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Earnings per share has declined by 6.3%. Revenue is forecast to grow by 45% in 2 years. Earnings is forecast to grow by 154% in the next 2 years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥9.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%). Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥11.96 (vs JP¥30.22 in 3Q 2022) Third quarter 2023 results: EPS: JP¥11.96 (down from JP¥30.22 in 3Q 2022). Revenue: JP¥9.82b (down 5.1% from 3Q 2022). Net income: JP¥220.0m (down 60% from 3Q 2022). Profit margin: 2.2% (down from 5.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Dec 07
Hurxley Corporation to Report Q3, 2023 Results on Feb 15, 2023 Hurxley Corporation announced that they will report Q3, 2023 results on Feb 15, 2023 Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥776, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 31x in the Hospitality industry in Japan. Total returns to shareholders of 56% over the past three years. Price Target Changed • Dec 03
Price target increased to JP¥1,800 Up from JP¥1,600, the current price target is provided by 1 analyst. New target price is 173% above last closing price of JP¥659. Stock is up 51% over the past year. The company is forecast to post earnings per share of JP¥95.10 for next year compared to JP¥53.16 last year. Major Estimate Revision • Dec 03
Consensus EPS estimates increase by 19% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from JP¥36.1b to JP¥37.9b. EPS estimate increased from JP¥79.90 to JP¥95.10 per share. Net income forecast to grow 67% next year vs 3.0% decline forecast for Hospitality industry in Japan. Consensus price target up from JP¥1,600 to JP¥1,800. Share price fell 5.2% to JP¥659 over the past week. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥668, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 29x in the Hospitality industry in Japan. Total returns to shareholders of 37% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥27.83 (vs JP¥13.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.83 (up from JP¥13.10 in 2Q 2022). Revenue: JP¥9.07b (up 26% from 2Q 2022). Net income: JP¥512.0m (up 112% from 2Q 2022). Profit margin: 5.6% (up from 3.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. 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. 4 non-independent directors. Independent Outside Director Fumi Michihata was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Oct 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be JP¥587, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 25%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 93% in the next 2 years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.5%). Buying Opportunity • Sep 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥615, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 25%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 93% in the next 2 years. Buying Opportunity • Sep 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be JP¥611, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 25%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 93% in the next 2 years. Annuncio • Aug 31
Hurxley Corporation to Report Q2, 2023 Results on Nov 14, 2022 Hurxley Corporation announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥5.27 (vs JP¥5.76 in 1Q 2022) First quarter 2023 results: EPS: JP¥5.27 (down from JP¥5.76 in 1Q 2022). Revenue: JP¥6.93b (up 3.2% from 1Q 2022). Net income: JP¥97.0m (down 8.5% from 1Q 2022). Profit margin: 1.4% (down from 1.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Jul 10
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. 3 non-independent directors. Independent Outside Director Fumi Michihata was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jun 09
Hurxley Corporation to Report Q1, 2023 Results on Aug 10, 2022 Hurxley Corporation announced that they will report Q1, 2023 results on Aug 10, 2022 Annuncio • May 18
Hurxley Corporation, Annual General Meeting, Jun 22, 2022 Hurxley Corporation, Annual General Meeting, Jun 22, 2022. Price Target Changed • Apr 27
Price target increased to JP¥1,500 Up from JP¥1,150, the current price target is provided by 1 analyst. New target price is 213% above last closing price of JP¥480. Stock is up 6.7% over the past year. The company is forecast to post earnings per share of JP¥59.80 for next year compared to JP¥3.78 last year. Board Change • Apr 27
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. 6 non-independent directors. Outside Director Yukimichi Takeda was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 08
Hurxley Corporation to Report Fiscal Year 2022 Results on May 16, 2022 Hurxley Corporation announced that they will report fiscal year 2022 results on May 16, 2022