Annuncio • 18h
FLIGHT SOLUTIONS Inc., Annual General Meeting, Jun 26, 2026 FLIGHT SOLUTIONS Inc., Annual General Meeting, Jun 26, 2026. New Risk • Apr 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major 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 Risks Latest financial reports are more than 1 year old (reported March 2024 fiscal period end). High level of non-cash earnings (21% accrual ratio). Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (JP¥2.25b market cap, or US$14.2m). New Risk • Jan 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 5.3% 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 Latest financial reports are more than 1 year old (reported March 2024 fiscal period end). High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (JP¥2.20b market cap, or US$14.4m). New Risk • Jan 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% 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 Risks Latest financial reports are more than 1 year old (reported March 2024 fiscal period end). High level of non-cash earnings (21% accrual ratio). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (JP¥1.95b market cap, or US$12.4m). Annuncio • Dec 27
FLIGHT SOLUTIONS Inc. to Report Q3, 2026 Results on Feb 13, 2026 FLIGHT SOLUTIONS Inc. announced that they will report Q3, 2026 results on Feb 13, 2026 Annuncio • Oct 01
FLIGHT SOLUTIONS Inc. to Report Q2, 2026 Results on Nov 14, 2025 FLIGHT SOLUTIONS Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 Annuncio • Sep 04
FLIGHT SOLUTIONS Inc. announced that it has received ¥5.1205 million in funding from Mita Securities Co., Ltd. On September 4, 2025, FLIGHT SOLUTIONS Inc. closed the transaction. The company issued 29,260 series 10 stock acquisition rights at an issue price of ¥175 for gross proceeds of ¥5,120,500. The initial exercise price will be of ¥235. Board Change • Aug 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Sachiko Ito was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Aug 21
FLIGHT SOLUTIONS Inc. announced that it expects to receive ¥5.1205 million in funding from Mita Securities Co., Ltd. FLIGHT SOLUTIONS Inc. announced a private placement of 29,260 Series 10 Stock Acquisition Right at an issue price of ¥175 per Stock Acquisition Right for gross proceeds of ¥5,120,500 on August 19, 2025. The transaction includes participation from returning investor Mita Securities Co., Ltd. The potential shares from issuance will be 2,926,000 shares. The exercise price of the stock acquisition rights is ¥118.The exercise period of the stock acquisition rights will be from September 5, 2025 to September 4, 2028. The transaction is expected to close on September 4, 2025. The stock acquisition rights will be issued through third party allocation. The transaction has been approved by board of directors of the company. The company has disclosed the proceed to be paid upon exercise of the Stock Acquisition Rights is ¥687,610,000, issue expenses to be ¥24,782,857 , net proceeds to be ¥667,947,643. Annuncio • Aug 07
FLIGHT SOLUTIONS Inc. to Report Q1, 2026 Results on Aug 14, 2025 FLIGHT SOLUTIONS Inc. announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Jun 28
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended March 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2024 fiscal period end). Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (JP¥2.70b market cap, or US$18.7m). Board Change • May 21
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 Sachiko Ito was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • May 20
FLIGHT SOLUTIONS Inc., Annual General Meeting, Jun 26, 2025 FLIGHT SOLUTIONS Inc., Annual General Meeting, Jun 26, 2025. New Risk • Apr 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (JP¥2.67b market cap, or US$19.0m). Annuncio • Apr 02
FLIGHT SOLUTIONS Inc. to Report Fiscal Year 2025 Results on May 20, 2025 FLIGHT SOLUTIONS Inc. announced that they will report fiscal year 2025 results on May 20, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (JP¥1.89b market cap, or US$12.0m). Annuncio • Jan 03
FLIGHT SOLUTIONS Inc. to Report Q3, 2025 Results on Feb 07, 2025 FLIGHT SOLUTIONS Inc. announced that they will report Q3, 2025 results on Feb 07, 2025 New Risk • Dec 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.50b (US$9.97m) 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 Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$10m (JP¥1.50b market cap, or US$9.97m). Minor Risk Shareholders have been diluted in the past year (3.7% increase in shares outstanding). New Risk • Oct 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% 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 Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (JP¥1.80b market cap, or US$11.8m). Annuncio • Oct 08
FLIGHT SOLUTIONS Inc. to Report Q2, 2025 Results on Nov 14, 2024 FLIGHT SOLUTIONS Inc. announced that they will report Q2, 2025 results on Nov 14, 2024 New Risk • Sep 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (JP¥2.69b market cap, or US$19.1m). Annuncio • Jul 11
FLIGHT SOLUTIONS Inc. to Report Q1, 2025 Results on Jul 09, 2024 FLIGHT SOLUTIONS Inc. announced that they will report Q1, 2025 results on Jul 09, 2024 Reported Earnings • May 21
Full year 2024 earnings released: JP¥11.11 loss per share (vs JP¥4.34 profit in FY 2023) Full year 2024 results: JP¥11.11 loss per share (down from JP¥4.34 profit in FY 2023). Revenue: JP¥3.21b (up 6.6% from FY 2023). Net loss: JP¥105.0m (down 356% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Annuncio • May 17
FLIGHT SOLUTIONS Inc., Annual General Meeting, Jun 26, 2024 FLIGHT SOLUTIONS Inc., Annual General Meeting, Jun 26, 2024. Annuncio • Apr 03
FLIGHT SOLUTIONS Inc. to Report Fiscal Year 2024 Results on May 15, 2024 FLIGHT SOLUTIONS Inc. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: JP¥8.25 loss per share (vs JP¥2.22 loss in 3Q 2023) Third quarter 2024 results: JP¥8.25 loss per share (further deteriorated from JP¥2.22 loss in 3Q 2023). Revenue: JP¥792.0m (up 18% from 3Q 2023). Net loss: JP¥78.0m (loss widened 271% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Annuncio • Jan 11
FLIGHT SOLUTIONS Inc. to Report Q3, 2024 Results on Feb 09, 2024 FLIGHT SOLUTIONS Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥8.14 (vs JP¥5.82 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥8.14 (up from JP¥5.82 loss in 2Q 2023). Revenue: JP¥982.0m (up 55% from 2Q 2023). Net income: JP¥77.0m (up JP¥132.0m from 2Q 2023). Profit margin: 7.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. 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 21% per year, which means it is significantly lagging earnings. Annuncio • Oct 05
FLIGHT SOLUTIONS Inc. to Report Q2, 2024 Results on Nov 10, 2023 FLIGHT SOLUTIONS Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥4.34 loss per share (vs JP¥2.43 loss in 1Q 2023) First quarter 2024 results: JP¥4.34 loss per share (further deteriorated from JP¥2.43 loss in 1Q 2023). Revenue: JP¥633.0m (down 4.4% from 1Q 2023). Net loss: JP¥41.0m (loss widened 78% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • May 22
Full year 2023 earnings released: EPS: JP¥4.34 (vs JP¥12.06 in FY 2022) Full year 2023 results: EPS: JP¥4.34 (down from JP¥12.06 in FY 2022). Revenue: JP¥3.01b (down 7.4% from FY 2022). Net income: JP¥41.0m (down 64% from FY 2022). Profit margin: 1.4% (down from 3.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year. Annuncio • May 20
Flight Holdings Inc., Annual General Meeting, Jun 28, 2023 Flight Holdings Inc., Annual General Meeting, Jun 28, 2023. Annuncio • May 19
Flight Holdings Inc. to Report Fiscal Year 2023 Results on May 18, 2023 Flight Holdings Inc. announced that they will report fiscal year 2023 results on May 18, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥2.22 loss per share (vs JP¥15.86 loss in 3Q 2022) Third quarter 2023 results: JP¥2.22 loss per share (improved from JP¥15.86 loss in 3Q 2022). Revenue: JP¥669.0m (up 51% from 3Q 2022). Net loss: JP¥21.0m (loss narrowed 86% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Annuncio • Dec 28
Flight Holdings Inc. to Report Q3, 2023 Results on Feb 10, 2023 Flight Holdings Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥5.82 loss per share (vs JP¥10.36 loss in 2Q 2022) Second quarter 2023 results: JP¥5.82 loss per share (improved from JP¥10.36 loss in 2Q 2022). Revenue: JP¥633.0m (up 22% from 2Q 2022). Net loss: JP¥55.0m (loss narrowed 44% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as 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. 3 non-independent directors. Independent Outside Director Takashi Kobayashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥5.82 loss per share (vs JP¥10.36 loss in 2Q 2022) Second quarter 2023 results: JP¥5.82 loss per share (improved from JP¥10.36 loss in 2Q 2022). Revenue: JP¥633.0m (up 22% from 2Q 2022). Net loss: JP¥55.0m (loss narrowed 44% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 15% per year. Annuncio • Sep 28
Flight Holdings Inc. to Report Q2, 2023 Results on Nov 11, 2022 Flight Holdings Inc. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: JP¥2.43 loss per share (vs JP¥14.60 profit in 1Q 2022) First quarter 2023 results: JP¥2.43 loss per share (down from JP¥14.60 profit in 1Q 2022). Revenue: JP¥662.0m (down 38% from 1Q 2022). Net loss: JP¥23.0m (down 117% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Annuncio • Jul 03
Flight Holdings Inc. to Report Q1, 2023 Results on Aug 12, 2022 Flight Holdings Inc. announced that they will report Q1, 2023 results on Aug 12, 2022 Buying Opportunity • Jun 15
Now 21% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be JP¥601, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 23
Full year 2022 earnings released: EPS: JP¥12.06 (vs JP¥29.82 loss in FY 2021) Full year 2022 results: EPS: JP¥12.06 (up from JP¥29.82 loss in FY 2021). Revenue: JP¥3.25b (down 4.6% from FY 2021). Net income: JP¥114.0m (up JP¥396.0m from FY 2021). Profit margin: 3.5% (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 increased by 28% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annuncio • May 22
Flight Holdings Inc., Annual General Meeting, Jun 28, 2022 Flight Holdings Inc., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. 4 highly experienced directors. 2 independent directors (3 non-independent directors). Vice President and Representative Director Takao Matsumoto is the most experienced director on the board, commencing their role in 2002. Independent Outside Director Takashi Kobayashi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Apr 21
Flight Holdings Inc. to Report Fiscal Year 2022 Results on May 20, 2022 Flight Holdings Inc. announced that they will report fiscal year 2022 results on May 20, 2022 Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥329, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 59% over the past three years. Reported Earnings • Feb 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥15.86 loss per share (up from JP¥30.78 loss in 3Q 2021). Revenue: JP¥442.0m (up 7.3% from 3Q 2021). Net loss: JP¥150.0m (loss narrowed 49% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: JP¥10.36 loss per share (vs JP¥19.99 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥517.0m (up 12% from 2Q 2021). Net loss: JP¥98.0m (loss narrowed 48% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 08
New 90-day low: JP¥600 The company is down 6.0% from its price of JP¥639 on 08 December 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 up 2.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: JP¥30.78 loss per share (vs JP¥73.50 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥412.0m (down 84% from 3Q 2020). Net loss: JP¥291.0m (down 142% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 07
Flight Holdings Inc. to Report Q3, 2021 Results on Feb 12, 2021 Flight Holdings Inc. announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 22
New 90-day low: JP¥603 The company is down 34% from its price of JP¥919 on 23 September 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 1.0% over the same period. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥723, the stock is trading at a trailing P/E ratio of 30.9x, up from the previous P/E ratio of 26.4x. This compares to an average P/E of 29x in the IT industry in Japan. Total returns to shareholders over the past three years are 6.5%. Is New 90 Day High Low • Dec 01
New 90-day low: JP¥666 The company is down 11% from its price of JP¥746 on 02 September 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 7.0% over the same period. Annuncio • Sep 21
Flight Holdings Inc.(TSE:3753) dropped from S&P Global BMI Index Flight Holdings Inc.(TSE:3753) dropped from S&P Global BMI Index