Upcoming Dividend • May 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 31 August 2026. The company last paid an ordinary dividend in July 2016. The average dividend yield among industry peers is 1.8%. New Risk • Nov 06
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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥534.9m market cap, or US$3.48m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Buy Or Sell Opportunity • Sep 25
Now 21% overvalued Over the last 90 days, the stock has fallen 1.6% to JP¥600. The fair value is estimated to be JP¥496, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Meanwhile, the company has become profitable. Annuncio • Aug 16
Media Five Co., Annual General Meeting, Aug 28, 2024 Media Five Co., Annual General Meeting, Aug 28, 2024, at 10:00 Tokyo Standard Time. Location: 1-1-2 watanabe-dori, chuo-ku, fukuoka-shi, fukuoka prefecture, hotel new otani hakata 3rd floor, fukuoka Japan Reported Earnings • Jul 16
Full year 2024 earnings released: EPS: JP¥3.19 (vs JP¥8.51 in FY 2023) Full year 2024 results: EPS: JP¥3.19 (down from JP¥8.51 in FY 2023). Revenue: JP¥1.84b (up 5.0% from FY 2023). Net income: JP¥3.00m (down 63% from FY 2023). Profit margin: 0.2% (down from 0.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Jun 11
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 Risk Market cap is less than US$10m (JP¥572.5m market cap, or US$3.64m). Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Apr 12
Third quarter 2024 earnings released: EPS: JP¥10.64 (vs JP¥8.51 in 3Q 2023) Third quarter 2024 results: EPS: JP¥10.64 (up from JP¥8.51 in 3Q 2023). Revenue: JP¥458.0m (up 7.8% from 3Q 2023). Net income: JP¥10.0m (up 25% from 3Q 2023). Profit margin: 2.2% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.7% to JP¥578. The fair value is estimated to be JP¥723, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Mar 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.1% to JP¥572. The fair value is estimated to be JP¥715, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jan 13
Second quarter 2024 earnings released: EPS: JP¥4.26 (vs JP¥5.32 in 2Q 2023) Second quarter 2024 results: EPS: JP¥4.26 (down from JP¥5.32 in 2Q 2023). Revenue: JP¥458.0m (up 3.2% from 2Q 2023). Net income: JP¥4.00m (down 20% from 2Q 2023). Profit margin: 0.9% (down from 1.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 13
First quarter 2024 earnings released: EPS: JP¥9.57 (vs JP¥12.77 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥9.57 (up from JP¥12.77 loss in 1Q 2023). Revenue: JP¥480.0m (up 11% from 1Q 2023). Net income: JP¥9.00m (up JP¥21.0m from 1Q 2023). Profit margin: 1.9% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Jul 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (41% accrual ratio). Market cap is less than US$10m (JP¥599.7m market cap, or US$4.33m). Minor Risk Profit margins are more than 30% lower than last year (0.5% net profit margin). Reported Earnings • Jul 16
Full year 2023 earnings released: EPS: JP¥8.51 (vs JP¥30.85 in FY 2022) Full year 2023 results: EPS: JP¥8.51 (down from JP¥30.85 in FY 2022). Revenue: JP¥1.75b (down 2.9% from FY 2022). Net income: JP¥8.00m (down 72% from FY 2022). Profit margin: 0.5% (down from 1.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 16
Third quarter 2023 earnings released: EPS: JP¥8.51 (vs JP¥34.04 in 3Q 2022) Third quarter 2023 results: EPS: JP¥8.51 (down from JP¥34.04 in 3Q 2022). Revenue: JP¥425.0m (down 6.4% from 3Q 2022). Net income: JP¥8.00m (down 75% from 3Q 2022). Profit margin: 1.9% (down from 7.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 14
Second quarter 2023 earnings released: EPS: JP¥5.32 (vs JP¥1.06 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.32 (up from JP¥1.06 in 2Q 2022). Revenue: JP¥444.0m (up 4.7% from 2Q 2022). Net income: JP¥5.00m (up 400% from 2Q 2022). Profit margin: 1.1% (up from 0.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Buying Opportunity • Dec 07
Now 23% undervalued Over the last 90 days, the stock is up 1.7%. The fair value is estimated to be JP¥844, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Meanwhile, the company has become profitable. 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. 5 experienced directors. 3 highly experienced directors. No independent directors (4 non-independent directors). Director Hiroki Yoshii 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 14
First quarter 2023 earnings released: JP¥12.77 loss per share (vs JP¥3.19 profit in 1Q 2022) First quarter 2023 results: JP¥12.77 loss per share (down from JP¥3.19 profit in 1Q 2022). Revenue: JP¥433.0m (down 2.3% from 1Q 2022). Net loss: JP¥12.0m (down JP¥15.0m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 14
Now 21% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥1,041, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 35% share price gain to JP¥1,001, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 17x in the IT industry in Japan. Total returns to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 42% share price gain to JP¥858, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 3.2% over the past three years. Reported Earnings • Jul 15
Full year 2022 earnings released: EPS: JP¥30.85 (vs JP¥80.85 loss in FY 2021) Full year 2022 results: EPS: JP¥30.85 (up from JP¥80.85 loss in FY 2021). Revenue: JP¥1.80b (up 17% from FY 2021). Net income: JP¥29.0m (up JP¥105.0m from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥750, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 32% over the past three years. Board Change • May 03
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. 4 non-independent directors. Director Hiroki Yoshii was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 23
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. 4 non-independent directors. Director Hiroki Yoshii was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 13
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥1.06 (up from JP¥60.64 loss in 2Q 2021). Revenue: JP¥424.0m (up 19% from 2Q 2021). Net income: JP¥1.00m (up JP¥58.0m from 2Q 2021). Profit margin: 0.2% (up from net loss in 2Q 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 37 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 14
First quarter 2022 earnings released: EPS JP¥3.19 (vs JP¥25.53 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥443.0m (up 17% from 1Q 2021). Net income: JP¥3.00m (up JP¥27.0m from 1Q 2021). Profit margin: 0.7% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 11
Full year 2021 earnings released: JP¥80.85 loss per share (vs JP¥71.44 loss in FY 2020) The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥1.54b (up 1.6% from FY 2020). Net loss: JP¥76.0m (loss widened 13% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 14
Third quarter 2021 earnings released: JP¥8.51 loss per share (vs JP¥18.09 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¥400.0m (up 10% from 3Q 2020). Net loss: JP¥8.00m (loss narrowed 53% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 16
New 90-day high: JP¥773 The company is up 10.0% from a price of JP¥701 on 16 December 2020. Performed similarly to the Japanese market which is up 10.0% over the last 90 days. Exceeded the IT industry, which is up 6.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day low: JP¥620 The company is down 24% from its price of JP¥815 on 23 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period. Reported Earnings • Jan 14
Second quarter 2021 earnings released: JP¥60.64 loss per share The company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥356.0m (down 16% from 2Q 2020). Net loss: JP¥57.0m (loss widened 418% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 99% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 28
New 90-day low: JP¥650 The company is down 20% from its price of JP¥809 on 30 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 1.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: JP¥690 The company is down 16% from its price of JP¥819 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 IT industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 19
New 90-day low: JP¥707 The company is down 18% from its price of JP¥860 on 21 August 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 3.0% over the same period. Reported Earnings • Oct 14
First quarter earnings released Over the last 12 months the company has reported total losses of JP¥78.0m, with losses widening by JP¥67.9m from the prior year. Total revenue was JP¥1.54b over the last 12 months, up 7.2% from the prior year.