Reported Earnings • Apr 16
Second quarter 2026 earnings released: EPS: JP¥39.71 (vs JP¥20.40 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥39.71 (up from JP¥20.40 loss in 2Q 2025). Revenue: JP¥2.57b (down 7.1% from 2Q 2025). Net income: JP¥117.0m (up JP¥169.0m from 2Q 2025). Profit margin: 4.5% (up from net loss in 2Q 2025). Annuncio • Apr 03
Happiness and D Co.,Ltd. to Report Q2, 2026 Results on Apr 14, 2026 Happiness and D Co.,Ltd. announced that they will report Q2, 2026 results on Apr 14, 2026 New Risk • Mar 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.54b (US$9.77m) This is considered a major 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 Risks Revenue has declined by 16% over the past year. Market cap is less than US$10m (JP¥1.54b market cap, or US$9.77m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). New Risk • Mar 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% 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 Revenue has declined by 16% over the past year. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (JP¥1.68b market cap, or US$10.7m). Reported Earnings • Jan 15
First quarter 2026 earnings released: JP¥59.65 loss per share (vs JP¥60.20 loss in 1Q 2025) First quarter 2026 results: JP¥59.65 loss per share (improved from JP¥60.20 loss in 1Q 2025). Revenue: JP¥1.82b (down 7.3% from 1Q 2025). Net loss: JP¥153.0m (flat on 1Q 2025). New Risk • Dec 16
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 5.5% 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 Risks Revenue has declined by 18% over the past year. Market cap is less than US$10m (JP¥1.54b market cap, or US$9.95m). Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). Annuncio • Nov 26
Happiness and D Co.,Ltd. to Report Q1, 2026 Results on Jan 14, 2026 Happiness and D Co.,Ltd. announced that they will report Q1, 2026 results on Jan 14, 2026 New Risk • Nov 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.52b (US$9.80m) This is considered a major 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 Risks Revenue has declined by 18% over the past year. Market cap is less than US$10m (JP¥1.52b market cap, or US$9.80m). Annuncio • Nov 04
Happiness and D Co.,Ltd. announced that it has received ¥1.26 million in funding from Long Corridor Asset Management Limited, Lighthouse Investment Partners, LLC and Blackstone Alternative Asset Management L.P. On November 4, 2025, the Happiness and D Co.,Ltd closed the transaction. Reported Earnings • Oct 17
Full year 2025 earnings released: JP¥317 loss per share (vs JP¥180 loss in FY 2024) Full year 2025 results: JP¥317 loss per share (further deteriorated from JP¥180 loss in FY 2024). Revenue: JP¥8.84b (down 18% from FY 2024). Net loss: JP¥808.0m (loss widened 76% from FY 2024). Annuncio • Oct 15
Happiness and D Co.,Ltd., Annual General Meeting, Nov 29, 2025 Happiness and D Co.,Ltd., Annual General Meeting, Nov 29, 2025. Annuncio • Aug 08
Happiness and D Co.,Ltd. to Report Fiscal Year 2025 Results on Oct 15, 2025 Happiness and D Co.,Ltd. announced that they will report fiscal year 2025 results on Oct 15, 2025 Reported Earnings • Jul 17
Third quarter 2025 earnings released Third quarter 2025 results: Net income: (up JP¥138.0m from 3Q 2024). Annuncio • May 03
Happiness and D Co.,Ltd. to Report Q3, 2025 Results on Jul 15, 2025 Happiness and D Co.,Ltd. announced that they will report Q3, 2025 results on Jul 15, 2025 Reported Earnings • Apr 15
Second quarter 2025 earnings released: JP¥20.40 loss per share (vs JP¥74.62 profit in 2Q 2024) Second quarter 2025 results: JP¥20.40 loss per share (down from JP¥74.62 profit in 2Q 2024). Revenue: JP¥2.77b (down 22% from 2Q 2024). Net loss: JP¥52.0m (down 127% from profit in 2Q 2024). Upcoming Dividend • Feb 20
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 07 May 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Annuncio • Feb 08
Happiness and D Co.,Ltd. to Report Q2, 2025 Results on Apr 14, 2025 Happiness and D Co.,Ltd. announced that they will report Q2, 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
First quarter 2025 earnings released: JP¥60.20 loss per share (vs JP¥74.62 profit in 1Q 2024) First quarter 2025 results: JP¥60.20 loss per share (down from JP¥74.62 profit in 1Q 2024). Revenue: JP¥1.96b (down 45% from 1Q 2024). Net loss: JP¥153.0m (down 181% from profit in 1Q 2024). Annuncio • Nov 19
Happiness and D Co.,Ltd. to Report Q1, 2025 Results on Jan 14, 2025 Happiness and D Co.,Ltd. announced that they will report Q1, 2025 results on Jan 14, 2025 Reported Earnings • Oct 17
Full year 2024 earnings released: JP¥180 loss per share (vs JP¥263 loss in FY 2023) Full year 2024 results: JP¥180 loss per share (improved from JP¥263 loss in FY 2023). Revenue: JP¥10.8b (down 15% from FY 2023). Net loss: JP¥459.0m (loss narrowed 31% from FY 2023). Annuncio • Oct 15
Happiness and D Co.,Ltd., Annual General Meeting, Nov 28, 2024 Happiness and D Co.,Ltd., Annual General Meeting, Nov 28, 2024. Annuncio • Aug 23
Happiness and D Co.,Ltd. to Report Fiscal Year 2024 Results on Oct 15, 2024 Happiness and D Co.,Ltd. announced that they will report fiscal year 2024 results on Oct 15, 2024 Upcoming Dividend • Aug 22
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 02 December 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%). Annuncio • May 26
Happiness and D Co.,Ltd. to Report Q3, 2024 Results on Jul 12, 2024 Happiness and D Co.,Ltd. announced that they will report Q3, 2024 results on Jul 12, 2024 Annuncio • Feb 23
Happiness and D Co.,Ltd. to Report Q2, 2024 Results on Apr 12, 2024 Happiness and D Co.,Ltd. announced that they will report Q2, 2024 results on Apr 12, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 08 May 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%). New Risk • Dec 08
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 1.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (JP¥2.28b market cap, or US$15.9m). Annuncio • Nov 24
Happiness and D Co.,Ltd. to Report Q1, 2024 Results on Jan 12, 2024 Happiness and D Co.,Ltd. announced that they will report Q1, 2024 results on Jan 12, 2024 Annuncio • Nov 01
Happiness and D Co.,Ltd. announced that it has received ¥1.788 million in funding from Mita Securities Co., Ltd. On October 30, 2023, Happiness and D Co.,Ltd. closed the transaction. Annuncio • Oct 14
Happiness and D Co.,Ltd., Annual General Meeting, Nov 29, 2023 Happiness and D Co.,Ltd., Annual General Meeting, Nov 29, 2023. Annuncio • Aug 27
Happiness and D Co.,Ltd. to Report Fiscal Year 2023 Results on Oct 12, 2023 Happiness and D Co.,Ltd. announced that they will report fiscal year 2023 results on Oct 12, 2023 Annuncio • May 27
Happiness and D Co.,Ltd. to Report Q3, 2023 Results on Jul 12, 2023 Happiness and D Co.,Ltd. announced that they will report Q3, 2023 results on Jul 12, 2023 Reported Earnings • Apr 13
Second quarter 2023 earnings released: EPS: JP¥42.10 (vs JP¥88.29 in 2Q 2022) Second quarter 2023 results: EPS: JP¥42.10 (down from JP¥88.29 in 2Q 2022). Revenue: JP¥4.07b (down 11% from 2Q 2022). Net income: JP¥106.0m (down 53% from 2Q 2022). Profit margin: 2.6% (down from 4.9% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Inaugural dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 09 May 2023. This is the first dividend for Happiness and DLtd since going public. The average dividend yield among industry peers is 1.5%. Reported Earnings • Jan 13
First quarter 2023 earnings released: JP¥60.52 loss per share (vs JP¥38.83 loss in 1Q 2022) First quarter 2023 results: JP¥60.52 loss per share (further deteriorated from JP¥38.83 loss in 1Q 2022). Revenue: JP¥2.72b (down 8.3% from 1Q 2022). Net loss: JP¥154.0m (loss widened 56% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annuncio • Dec 14
Happiness and D Co., Ltd. (TSE:3174) announces an Equity Buyback for 40,000 shares, for ¥37.44 million. Happiness and D Co., Ltd. (TSE:3174) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 1.55% of its issued share capital (excluding treasury stock), for ¥37.44 million. The shares will be repurchased at a price of ¥936 per share. The purpose of the program is to disposal of treasury stock as restricted stock and outstanding stock options to executive officers and employees. The program will run until December 14, 2022. Reported Earnings • Dec 04
Full year 2022 earnings released: EPS: JP¥35.03 (vs JP¥48.85 loss in FY 2021) Full year 2022 results: EPS: JP¥35.03 (up from JP¥48.85 loss in FY 2021). Revenue: JP¥13.6b (down 26% from FY 2021). Net income: JP¥89.0m (up JP¥213.0m from FY 2021). Profit margin: 0.7% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% 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. Annuncio • Nov 30
Happiness and D Co., Ltd. (TSE:3174) agreed to acquire AbHeri Co., Ltd. from Kunihito Nakano. Happiness and D Co., Ltd. (TSE:3174) agreed to acquire AbHeri Co., Ltd. from Kunihito Nakano for ¥0.22 million on November 28, 2022. The transaction is expected to close on December 1, 2022. Annuncio • Nov 27
Happiness and D Co., Ltd. to Report Q1, 2023 Results on Jan 05, 2023 Happiness and D Co., Ltd. announced that they will report Q1, 2023 results on Jan 05, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board Yasuo Den was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 17
Full year 2022 earnings released: EPS: JP¥35.03 (vs JP¥48.85 loss in FY 2021) Full year 2022 results: EPS: JP¥35.03 (up from JP¥48.85 loss in FY 2021). Revenue: JP¥13.6b (down 26% from FY 2021). Net income: JP¥89.0m (up JP¥213.0m from FY 2021). Profit margin: 0.7% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annuncio • Oct 16
Happiness and D Co., Ltd., Annual General Meeting, Nov 29, 2022 Happiness and D Co., Ltd., Annual General Meeting, Nov 29, 2022. Annuncio • Aug 27
Happiness and D Co., Ltd. to Report Fiscal Year 2022 Results on Oct 14, 2022 Happiness and D Co., Ltd. announced that they will report fiscal year 2022 results on Oct 14, 2022 Upcoming Dividend • Aug 23
Inaugural dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 29 November 2022. This is the first dividend for Happiness and D since going public. The average dividend yield among industry peers is 1.5%. Reported Earnings • Jul 14
Third quarter 2022 earnings released: EPS: JP¥1.57 (vs JP¥35.70 loss in 3Q 2021) Third quarter 2022 results: EPS: JP¥1.57 (up from JP¥35.70 loss in 3Q 2021). Revenue: JP¥3.18b (down 25% from 3Q 2021). Net income: JP¥4.00m (up JP¥95.0m from 3Q 2021). Profit margin: 0.1% (up from net loss in 3Q 2021). 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 68 percentage points per year, which is a significant difference in performance. Annuncio • May 27
Happiness and D Co., Ltd. to Report Q3, 2022 Results on Jul 12, 2022 Happiness and D Co., Ltd. announced that they will report Q3, 2022 results on Jul 12, 2022 Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. No independent directors (7 non-independent directors). Chairman of the Board Yasuo Den was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 14
Second quarter 2022 earnings released: EPS: JP¥88.29 (vs JP¥76.07 in 2Q 2021) Second quarter 2022 results: EPS: JP¥88.29 (up from JP¥76.07 in 2Q 2021). Revenue: JP¥4.55b (down 23% from 2Q 2021). Net income: JP¥223.0m (up 16% from 2Q 2021). Profit margin: 4.9% (up from 3.3% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Annuncio • Apr 08
Happiness and D Co., Ltd. to Report Q2, 2022 Final Results on Apr 12, 2022 Happiness and D Co., Ltd. announced that they will report Q2, 2022 final results on Apr 12, 2022 Annuncio • Feb 26
Happiness and D Co., Ltd. to Report Q2, 2021 Results on Mar 29, 2022 Happiness and D Co., Ltd. announced that they will report Q2, 2021 results on Mar 29, 2022 Upcoming Dividend • Feb 18
Inaugural dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 10 May 2022. The company is not currently making a profit and is not cash flow positive. This is the first dividend for Happiness and D since going public. The average dividend yield among industry peers is 1.6%. Reported Earnings • Dec 27
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: JP¥38.83 loss per share (down from JP¥28.82 loss in 1Q 2021). Revenue: JP¥2.96b (down 28% from 1Q 2021). Net loss: JP¥99.0m (loss widened 36% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Annuncio • Dec 15
Happiness and D Co., Ltd. (JASDAQ:3174) announces an Equity Buyback for 50,000 shares, representing 1.95% for ¥45.45 million. Happiness and D Co., Ltd. (JASDAQ:3174) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.95% of its issued share capital (excluding treasury stock), for ¥45.45 million. The shares will be repurchased at a price of ¥909 per share. The purpose of the program is to return profits to to dispose of treasury stock as restricted stock for executive officers and employees and to exercise the rights of issued stock options. The program will run until December 15, 2021. Reported Earnings • Oct 17
Full year 2021 earnings released: JP¥48.85 loss per share (vs JP¥75.97 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: JP¥18.3b (up 4.2% from FY 2020). Net loss: JP¥124.0m (loss narrowed 34% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Aug 23
Inaugural dividend of JP¥6.50 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 30 November 2021. This is the first dividend for Happiness and D since going public. The average dividend yield among industry peers is 1.4%. Reported Earnings • Jul 15
Third quarter 2021 earnings released: JP¥35.70 loss per share (vs JP¥129 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥4.23b (up 96% from 3Q 2020). Net loss: JP¥91.0m (loss narrowed 72% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Second quarter 2021 earnings released: EPS JP¥76.07 (vs JP¥85.04 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥5.90b (down 6.5% from 2Q 2020). Net income: JP¥192.0m (down 9.0% from 2Q 2020). Profit margin: 3.3% (in line with 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Second quarter 2021 earnings released: EPS JP¥76.07 (vs JP¥85.04 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥5.90b (down 6.5% from 2Q 2020). Net income: JP¥192.0m (down 9.0% from 2Q 2020). Profit margin: 3.3% (in line with 2Q 2020). 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. Is New 90 Day High Low • Feb 12
New 90-day high: JP¥965 The company is up 4.0% from its price of JP¥925 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 7.0% over the same period. Reported Earnings • Jan 14
First quarter 2021 earnings released: JP¥28.82 loss per share The company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: JP¥4.09b (down 7.4% from 1Q 2020). Net loss: JP¥73.0m (loss widened 1.4% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 26
First quarter 2021 earnings released: JP¥28.82 loss per share The company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: JP¥4.09b (down 7.4% from 1Q 2020). Net loss: JP¥73.0m (loss widened 1.4% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 14
New 90-day high: JP¥965 The company is up 8.0% from its price of JP¥891 on 16 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 9.0% over the same period. Reported Earnings • Oct 14
Full year earnings released - JP¥75.97 loss per share Over the last 12 months the company has reported total losses of JP¥189.0m, with earnings decreasing by JP¥457.8m from the prior year. Total revenue was JP¥17.6b over the last 12 months, down 15% from the prior year. Annuncio • Aug 24
Happiness and D Co., Ltd. to Report Fiscal Year 2020 Results on Oct 13, 2020 Happiness and D Co., Ltd. announced that they will report fiscal year 2020 results on Oct 13, 2020 
