Annuncio • Aug 29
S Line Group Co., Ltd. to Delist from Standard Section of TSX, Effective September 17, 2024 S Line Group Co., Ltd. will be delisted from Standard Section of Tokyo Stock Exchange effective from September 17, 2024, due to Reverse stock split. Annuncio • Aug 28
S Line Group Co., Ltd. (TSE:9078) completed the acquisition of Takushin Logistics Corporation. S Line Group Co., Ltd. (TSE:9078) agreed to acquire Takushin Logistics Corporation on July 26, 2024.
For the period ending October 31, 2023, Takushin Logistics Corporation reported total revenue of ¥832 million, EBIT of ¥25 million and net income of ¥13 million. As of October 31, 2023, Takushin Logistics Corporation reported total assets of ¥598 million and total common equity of ¥92 million.
The expected completion of the transaction is August 28, 2024.
S Line Group Co., Ltd. (TSE:9078) completed the acquisition of Takushin Logistics Corporation on August 28, 2024. Annuncio • Jul 07
S Line Group Co., Ltd. to Report Q1, 2025 Results on Aug 08, 2024 S Line Group Co., Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥1,900, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 14x in the Transportation industry in Japan. Total returns to shareholders of 129% over the past three years. New Risk • Jun 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.8b (US$100.0m) This is considered a minor 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 Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥15.8b market cap, or US$100.0m). Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥76.96 (vs JP¥133 in FY 2023) Full year 2024 results: EPS: JP¥76.96 (down from JP¥133 in FY 2023). Revenue: JP¥49.7b (up 3.4% from FY 2023). Net income: JP¥835.0m (down 42% from FY 2023). Profit margin: 1.7% (down from 3.0% 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 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 18
S Line Group Co., Ltd., Annual General Meeting, Jun 28, 2024 S Line Group Co., Ltd., Annual General Meeting, Jun 28, 2024. New Risk • May 13
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 8.0% 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 Earnings have declined by 5.4% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (103% cash payout ratio). Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.5b market cap, or US$86.4m). Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,028, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 12x in the Transportation industry in Japan. Total returns to shareholders of 23% over the past three years. Annuncio • Mar 28
S Line Group Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 S Line Group Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.2%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥20.55 (vs JP¥37.06 in 3Q 2023) Third quarter 2024 results: EPS: JP¥20.55 (down from JP¥37.06 in 3Q 2023). Revenue: JP¥13.0b (up 2.7% from 3Q 2023). Net income: JP¥223.0m (down 45% from 3Q 2023). Profit margin: 1.7% (down from 3.2% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • Dec 07
S Line Group Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 S Line Group Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: JP¥10.42 (vs JP¥6.82 in 2Q 2023) Second quarter 2024 results: EPS: JP¥10.42 (up from JP¥6.82 in 2Q 2023). Revenue: JP¥12.4b (up 4.7% from 2Q 2023). Net income: JP¥113.0m (up 53% from 2Q 2023). Profit margin: 0.9% (up from 0.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥8.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.2%). Annuncio • Sep 14
S Line Group Co., Ltd. (TSE:9078) agreed to acquire M&S CORPORATION. S Line Group Co., Ltd. (TSE:9078) agreed to acquire M&S CORPORATION on September 13, 2023. Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: JP¥9.87 (vs JP¥14.48 in 1Q 2023) First quarter 2024 results: EPS: JP¥9.87 (down from JP¥14.48 in 1Q 2023). Revenue: JP¥12.1b (up 1.4% from 1Q 2023). Net income: JP¥107.0m (down 32% from 1Q 2023). Profit margin: 0.9% (down from 1.3% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% 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. Reported Earnings • May 14
Full year 2023 earnings released: EPS: JP¥133 (vs JP¥89.08 in FY 2022) Full year 2023 results: EPS: JP¥133 (up from JP¥89.08 in FY 2022). Revenue: JP¥48.1b (flat on FY 2022). Net income: JP¥1.45b (up 50% from FY 2022). Profit margin: 3.0% (up from 2.0% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annuncio • May 14
S Line Co.,Ltd., Annual General Meeting, Jun 28, 2023 S Line Co.,Ltd., Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.1%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥37.06 (vs JP¥35.59 in 3Q 2022) Third quarter 2023 results: EPS: JP¥37.06 (up from JP¥35.59 in 3Q 2022). Revenue: JP¥12.6b (flat on 3Q 2022). Net income: JP¥402.0m (up 4.1% from 3Q 2022). Profit margin: 3.2% (up from 3.1% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annuncio • Jan 13
S Line Co.,Ltd. to Report Q3, 2023 Results on Feb 10, 2023 S Line Co.,Ltd. announced that they will report Q3, 2023 results on Feb 10, 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. 8 highly experienced directors. No independent directors (11 non-independent directors). Director Genjiro Nakamura 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 • Nov 09
Second quarter 2023 earnings released: EPS: JP¥6.82 (vs JP¥14.66 in 2Q 2022) Second quarter 2023 results: EPS: JP¥6.82 (down from JP¥14.66 in 2Q 2022). Revenue: JP¥11.9b (flat on 2Q 2022). Net income: JP¥74.0m (down 54% from 2Q 2022). Profit margin: 0.6% (down from 1.3% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.2%). Annuncio • Aug 31
S Line Co.,Ltd. (TSE:9078) entered into a share transfer agreement to acquire Create Co., Ltd. S Line Co.,Ltd. (TSE:9078) entered into a share transfer agreement to acquire Create Co., Ltd. on August 30, 2022. Upon completion, Create Co. will become a consolidated subsidiary of S Line Co. The Create Co. had net of ¥144 million, total assets of ¥600 million, sales of ¥1318 million, operating income of ¥74 million and net income of ¥16 million, for the fiscal year ending February 2022. The current Representative Director Kazunori Watanabe will be appointed as a Director. The transaction is expected to close on September 30, 2022. The transaction will result in further expansion of S Line’s business. The impact of this share acquisition on S Line’s consolidated results for the current fiscal year is under investigation and will be promptly announced as soon as it becomes clear. Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥14.48 (vs JP¥25.55 in 1Q 2022) First quarter 2023 results: EPS: JP¥14.48 (down from JP¥25.55 in 1Q 2022). Revenue: JP¥11.9b (down 1.1% from 1Q 2022). Net income: JP¥157.0m (down 43% from 1Q 2022). Profit margin: 1.3% (down from 2.3% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 13% 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 • Aug 05
S Line Co.,Ltd. to Report Q2, 2023 Results on Nov 11, 2022 S Line Co.,Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Annuncio • Jun 29
S Line Co.,Ltd. to Report Q1, 2023 Results on Aug 05, 2022 S Line Co.,Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥89.08 (vs JP¥89.57 in FY 2021) Full year 2022 results: EPS: JP¥89.08 (down from JP¥89.57 in FY 2021). Revenue: JP¥48.3b (up 1.0% from FY 2021). Net income: JP¥966.0m (flat on FY 2021). Profit margin: 2.0% (in line with FY 2021). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Annuncio • May 15
S Line Co.,Ltd., Annual General Meeting, Jun 29, 2022 S Line Co.,Ltd., Annual General Meeting, Jun 29, 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. 3 experienced directors. 8 highly experienced directors. No independent directors (11 non-independent directors). Director Genjiro Nakamura 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. Annuncio • Apr 08
S Line Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 S Line Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥35.59 (down from JP¥42.25 in 3Q 2021). Revenue: JP¥12.7b (flat on 3Q 2021). Net income: JP¥386.0m (down 16% from 3Q 2021). Profit margin: 3.1% (down from 3.6% in 3Q 2021). Revenue was in line with analyst estimates. 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 6% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥14.66 (vs JP¥25.64 in 2Q 2021) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥11.9b (flat on 2Q 2021). Net income: JP¥159.0m (down 43% from 2Q 2021). Profit margin: 1.3% (down from 2.3% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 10 December 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥25.55 (vs JP¥9.78 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥12.1b (up 3.8% from 1Q 2021). Net income: JP¥277.0m (up 161% from 1Q 2021). Profit margin: 2.3% (up from 0.9% in 1Q 2021). The increase in margin was driven by higher revenue. 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 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
Full year 2021 earnings released: EPS JP¥89.56 (vs JP¥285 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥47.8b (down 2.5% from FY 2020). Net income: JP¥971.0m (down 69% from FY 2020). Profit margin: 2.0% (down from 6.4% in FY 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%). Annuncio • Mar 04
S Line Co.,Ltd. to Report Fiscal Year 2021 Results on May 07, 2021 S Line Co.,Ltd. announced that they will report fiscal year 2021 results on May 07, 2021 Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥42.24 (vs JP¥18.35 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥12.6b (flat on 3Q 2020). Net income: JP¥458.0m (up 130% from 3Q 2020). Profit margin: 3.6% (up from 1.6% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 25
New 90-day low: JP¥880 The company is down 12% from its price of JP¥1,003 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: JP¥894 The company is down 14% from its price of JP¥1,043 on 29 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 Transportation industry, which is down 5.0% over the same period. Annuncio • Dec 05
S Line Co.,Ltd. to Report Q3, 2021 Results on Feb 10, 2021 S Line Co.,Ltd. announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 02
New 90-day low: JP¥900 The company is down 2.0% from its price of JP¥919 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Transportation industry, which is also down 2.0% over the same period. Annuncio • Aug 30
S Line Co.,Ltd. to Report Q2, 2021 Results on Nov 06, 2020 S Line Co.,Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020 Annuncio • Jul 17
S Line Co.,Ltd. to Report Q1, 2021 Results on Aug 06, 2020 S Line Co.,Ltd. announced that they will report Q1, 2021 results on Aug 06, 2020