View ValuationH2O Retailing 将来の成長Future 基準チェック /06H2O Retailingの収益は年間7.2%で減少すると予測されていますが、年間収益は年間3.2%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に7.1% 5.4%なると予測されています。主要情報-7.2%収益成長率-5.43%EPS成長率Consumer Retailing 収益成長10.1%収益成長率3.2%将来の株主資本利益率7.05%アナリストカバレッジLow最終更新日15 Jun 2026今後の成長に関する最新情報お知らせ • May 12+ 1 more updateH2O Retailing Corporation Provides Earnings Guidance for the Half Year and Full Year March 31, 2024H2O Retailing Corporation provided earnings guidance for the half year and full year March 31, 2024. For the half year,the company expects Net sales of JPY 322,000 million, Operating profit of JPY 4,500 million, Profit attributable to owners of parent of JPY 500 million, Basic earnings per share JPY 4.30.For the year, the company expects Net sales of JPY 675,000 million, Operating profit of JPY 17,000 million, Profit attributable to owners of parent of JPY 8,000 million, Basic earnings per share JPY 68.74.お知らせ • Feb 08H2O Retailing Corporation Provides Consolidated Earnings Guidance Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance full year ending March 31, 2023. For the year, the company reported net sales of JPY 640,000 million, operating profit of JPY 10,000 million, profit attributable to owners of parent of JPY 11,000 million and net income per share of JPY 89.27.お知らせ • Aug 05+ 1 more updateH2O Retailing Corporation Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance for the half year and full year ending March 31, 2023. For the quarter, the company reported net sales of JPY 320,000 million, operating loss of JPY 1,000 million. For the year, the company reported net sales of JPY 660,000 million, operating profit of JPY 8,000 million, profit attributable to owners of parent of JPY 8,000 million and net income per share of JPY 64.93.すべての更新を表示Recent updatesお知らせ • May 30H2O Retailing Corporation to Report Q1, 2027 Results on Aug 04, 2026H2O Retailing Corporation announced that they will report Q1, 2027 results on Aug 04, 2026Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Nobuko Sekiguchi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 13H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 6,000,000 shares, representing 5.22% for ¥10,700 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 5.22% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,700 million. The shares will be repurchased as a part of company's shareholder return plan Medium-term Management Plan (FY2025-FY2027). The program is valid till March 31, 2027. As of April 30, 2026, the company has 115,003,320 issued shares (excluding treasury stock) and 10,198,076 treasury shares.お知らせ • May 12H2O Retailing Corporation, Annual General Meeting, Jun 24, 2026H2O Retailing Corporation, Annual General Meeting, Jun 24, 2026.お知らせ • Apr 21H2O Retailing Corporation to Report Fiscal Year 2026 Results on May 12, 2026H2O Retailing Corporation announced that they will report fiscal year 2026 results on May 12, 2026お知らせ • Nov 29H2O Retailing Corporation to Report Q3, 2026 Results on Feb 04, 2026H2O Retailing Corporation announced that they will report Q3, 2026 results on Feb 04, 2026お知らせ • Sep 01H2O Retailing Corporation to Report Q2, 2026 Results on Oct 31, 2025H2O Retailing Corporation announced that they will report Q2, 2026 results on Oct 31, 2025お知らせ • Jun 04H2O Retailing Corporation to Report Q1, 2026 Results on Aug 01, 2025H2O Retailing Corporation announced that they will report Q1, 2026 results on Aug 01, 2025お知らせ • May 14H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 10,000,000 shares, representing 8.18% for ¥15,000 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 8.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The shares will be repurchased as a part of company's shareholder return plan Medium-term Management Plan (FY2024-FY2026). The program is valid till March 31, 2026. As of April 30, 2025, the company has 122,222,411 issued shares (excluding treasury stock) and 2,978,985 treasury shares.お知らせ • May 13+ 3 more updatesH2O Retailing Corporation, Annual General Meeting, Jun 25, 2025H2O Retailing Corporation, Annual General Meeting, Jun 25, 2025.お知らせ • Mar 01H2O Retailing Corporation to Report Fiscal Year 2025 Results on May 13, 2025H2O Retailing Corporation announced that they will report fiscal year 2025 results on May 13, 2025お知らせ • Feb 05H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 2,000,000 shares, representing 1.64% for ¥5,600 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 1.64% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,600 million. The shares will be repurchased at a price of ¥2,191 per share. The shares will be repurchased as a part of company's shareholder return plan. As of January 31, 2025, the company has 121,996,774 issued shares (excluding treasury stock) and 3,204,622 treasury shares.お知らせ • Dec 03H2O Retailing Corporation to Report Q3, 2025 Results on Feb 05, 2025H2O Retailing Corporation announced that they will report Q3, 2025 results on Feb 05, 2025New Risk • Nov 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.2% 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 Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.2% increase in shares outstanding).Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥5.02 (vs JP¥25.35 in 2Q 2024)Second quarter 2025 results: EPS: JP¥5.02 (down from JP¥25.35 in 2Q 2024). Revenue: JP¥169.4b (up 3.4% from 2Q 2024). Net income: JP¥604.0m (down 79% from 2Q 2024). Profit margin: 0.4% (down from 1.8% in 2Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 06H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 500,000 shares, representing 0.41% for ¥1,300 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,300 million. The shares will be repurchased at a price of ¥1,961.5 per share. The shares will be repurchased as a part of company's shareholder return plan. As of October 31, 2024, the company has 122,367,043 issued shares (excluding treasury stock) and 2,834,353 treasury shares.Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%).お知らせ • Aug 27H2O Retailing Corporation to Report Q2, 2025 Results on Nov 06, 2024H2O Retailing Corporation announced that they will report Q2, 2025 results on Nov 06, 2024Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥243 (vs JP¥29.11 in 1Q 2024)First quarter 2025 results: EPS: JP¥243 (up from JP¥29.11 in 1Q 2024). Revenue: JP¥161.9b (up 4.6% from 1Q 2024). Net income: JP¥26.5b (up JP¥23.1b from 1Q 2024). Profit margin: 16% (up from 2.2% in 1Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €12.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Consumer Retailing industry in Europe. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.98 per share.Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 133%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to decline by 3.9% over the next 3 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jun 02H2O Retailing Corporation to Report Q1, 2025 Results on Aug 06, 2024H2O Retailing Corporation announced that they will report Q1, 2025 results on Aug 06, 2024Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Retailing industry in Europe. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.09 per share.Reported Earnings • May 20Full year 2024 earnings released: EPS: JP¥190 (vs JP¥136 in FY 2023)Full year 2024 results: EPS: JP¥190 (up from JP¥136 in FY 2023). Revenue: JP¥657.4b (up 4.7% from FY 2023). Net income: JP¥21.9b (up 34% from FY 2023). Profit margin: 3.3% (up from 2.6% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • May 17+ 2 more updatesH2O Retailing Corporation (TSE:8242) agreed to acquire remaining 35.11% stake in Kansai Food Market Ltd. (TSE:9919) from a group of shareholders for ¥36.7 billion.H2O Retailing Corporation (TSE:8242) agreed to acquire remaining 35.11% stake in Kansai Food Market Ltd. (TSE:9919) from a group of shareholders for ¥36.7 billion on May 15, 2023. As consideration, H2O will issue approximately 20 million shares. H2O Retailing holds 37 million shares equating to 64.89% stake of Kansai Food. In the Share Exchange Agreement, the parties have agreed that a special dividend of ¥100 per share of Kansai Food Market Stock will be paid to shareholders of Kansai Food Market Stock registered or recorded in the final shareholder registry on the day preceding the effective date of the Share Exchange, on condition that the Share Exchange Agreement is approved at Kansai Food Market’s annual general meeting of shareholders scheduled for June 20, 2024. The Special Committee recommends that Kansai Food Market’s Board of Directors implement the Share Exchange. The transaction is expected to close on July 31 2024. H2O Retailing appointed SMBC Nikko Securities Inc. as its financial advisor and third-party valuation institution and Nishimura & Asahi LPC as its legal advisor. Kansai Food Market appointed Nomura Securities Co., Ltd. as its financial advisor and third party valuation institution and Mori Hamada & Matsumoto as its legal advisor. The Special Committee appointed Kawakita Certified Public Accountants Office as the committee’s own financial advisor and third-party valuation institution. The Special Committee also approved the appointment of EY Strategy and Consulting Co., Ltd. (“EY Strategy and Consulting”) and Ernst & Young Tax Co. as Kansai Food Market’s advisors for financial due diligence, tax due diligence, etc.お知らせ • May 16+ 3 more updatesH2O Retailing Corporation Provides Dividend Guidance for the Second End and Year End of Fiscal Year Ending March 31, 2025H2O Retailing Corporation provided dividend guidance for the second end and year end of fiscal year ending March 31, 2025. for the second quarter end, the company expects dividend of JPY 20.00 per share against JPY 12.50 per share a year ago. for the year end, the company expects dividend of JPY 20.00 per share against JPY 12.50 per share a year ago.Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.2%).お知らせ • Mar 02H2O Retailing Corporation to Report Fiscal Year 2024 Results on May 15, 2024H2O Retailing Corporation announced that they will report fiscal year 2024 results on May 15, 2024Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥99.59 (vs JP¥68.56 in 3Q 2023)Third quarter 2024 results: EPS: JP¥99.59 (up from JP¥68.56 in 3Q 2023). Revenue: JP¥176.9b (up 3.8% from 3Q 2023). Net income: JP¥11.5b (up 41% from 3Q 2023). Profit margin: 6.5% (up from 4.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 02+ 2 more updatesH2O Retailing Corporation Provides Special Dividend Guidance for the Year Ending March 31, 2024H2O Retailing Corporation provided special dividend guidance for the year ending March 31, 2024. The company expects to pay special dividend of JPY 3.00 per share for the year ending March 31, 2024.Buy Or Sell Opportunity • Jan 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.0% to €9.65. The fair value is estimated to be €12.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.Buying Opportunity • Dec 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €12.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.3% in 2 years. Earnings is forecast to decline by 16% in the next 2 years.お知らせ • Nov 29H2O Retailing Corporation to Report Q3, 2024 Results on Feb 02, 2024H2O Retailing Corporation announced that they will report Q3, 2024 results on Feb 02, 2024Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥25.35 (vs JP¥17.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.35 (up from JP¥17.36 in 2Q 2023). Revenue: JP¥163.7b (up 5.6% from 2Q 2023). Net income: JP¥2.92b (up 37% from 2Q 2023). Profit margin: 1.8% (up from 1.4% in 2Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 02+ 1 more updateH2O Retailing Corporation Announces Dividend for the Second Quarter Ended September 30, 2023H2O Retailing Corporation announced dividend for the second quarter ended September 30, 2023 of JPY 12.50 per share compared to JPY 12.50 per share paid a year ago.Upcoming Dividend • Sep 21Upcoming dividend of JP¥12.50 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).お知らせ • Sep 13H2O Retailing Corporation to Report Q2, 2024 Results on Nov 02, 2023H2O Retailing Corporation announced that they will report Q2, 2024 results on Nov 02, 2023Buying Opportunity • Sep 04Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be €14.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.4% in 2 years. Earnings is forecast to decline by 25% in the next 2 years.Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥29.11 (vs JP¥5.28 in 1Q 2023)First quarter 2024 results: EPS: JP¥29.11 (up from JP¥5.28 in 1Q 2023). Revenue: JP¥154.8b (up 3.7% from 1Q 2023). Net income: JP¥3.37b (up 418% from 1Q 2023). Profit margin: 2.2% (up from 0.4% in 1Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 02H2O Retailing Corporation to Report Q1, 2024 Results on Aug 02, 2023H2O Retailing Corporation announced that they will report Q1, 2024 results on Aug 02, 2023Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥136 (vs JP¥79.84 in FY 2022)Full year 2023 results: EPS: JP¥136 (up from JP¥79.84 in FY 2022). Revenue: JP¥628.1b (up 21% from FY 2022). Net income: JP¥16.4b (up 66% from FY 2022). Profit margin: 2.6% (up from 1.9% in FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • May 13H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 1,190,000 shares, for ¥2,200 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 1,190,000 shares, representing 1.02% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,200 million. The shares will be repurchased at a price of ¥1,581 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of May 10, 2023, the company has 116,393,113 issued shares (excluding treasury stock) and 8,808,283 treasury shares.お知らせ • May 12+ 1 more updateH2O Retailing Corporation Provides Earnings Guidance for the Half Year and Full Year March 31, 2024H2O Retailing Corporation provided earnings guidance for the half year and full year March 31, 2024. For the half year,the company expects Net sales of JPY 322,000 million, Operating profit of JPY 4,500 million, Profit attributable to owners of parent of JPY 500 million, Basic earnings per share JPY 4.30.For the year, the company expects Net sales of JPY 675,000 million, Operating profit of JPY 17,000 million, Profit attributable to owners of parent of JPY 8,000 million, Basic earnings per share JPY 68.74.お知らせ • May 11H2O Retailing Corporation, Annual General Meeting, Jun 28, 2023H2O Retailing Corporation, Annual General Meeting, Jun 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.50 per share at 1.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.9%).Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €10.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Multiline Retail industry in Europe. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.98 per share.Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥68.56 (vs JP¥39.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥68.56 (up from JP¥39.21 in 3Q 2022). Revenue: JP¥170.5b (up 27% from 3Q 2022). Net income: JP¥8.17b (up 68% from 3Q 2022). Profit margin: 4.8% (up from 3.6% in 3Q 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 08H2O Retailing Corporation Provides Consolidated Earnings Guidance Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance full year ending March 31, 2023. For the year, the company reported net sales of JPY 640,000 million, operating profit of JPY 10,000 million, profit attributable to owners of parent of JPY 11,000 million and net income per share of JPY 89.27.お知らせ • Nov 27H2O Retailing Corporation to Report Q3, 2023 Results on Feb 06, 2023H2O Retailing Corporation announced that they will report Q3, 2023 results on Feb 06, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Nobuko Sekiguchi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥17.36 (vs JP¥14.61 in 2Q 2022)Second quarter 2023 results: EPS: JP¥17.36 (up from JP¥14.61 in 2Q 2022). Revenue: JP¥155.1b (up 26% from 2Q 2022). Net income: JP¥2.14b (up 18% from 2Q 2022). Profit margin: 1.4% (in line with 2Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Nov 03+ 2 more updatesH2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 8,100,000 shares, representing 6.57% for ¥13,000 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 8,100,000 shares, representing 6.57% of its issued share capital (excluding treasury stock), for a total purchase price of ¥13,000 million. The shares will be repurchased at a price of ¥1,289 per share. The purpose of the program is to improve capital efficiency and implement capital policies that response to changes in the business environment. As of November 1, 2022, the company had 123,237,810 issued shares (excluding treasury stock) and 1,963,586 treasury shares.Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (7.3%).お知らせ • Aug 28H2O Retailing Corporation to Report Q2, 2023 Results on Nov 02, 2022H2O Retailing Corporation announced that they will report Q2, 2023 results on Nov 02, 2022Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥5.28 (vs JP¥50.73 in 1Q 2022)First quarter 2023 results: EPS: JP¥5.28 (down from JP¥50.73 in 1Q 2022). Revenue: JP¥149.4b (up 31% from 1Q 2022). Net income: JP¥651.0m (down 90% from 1Q 2022). Profit margin: 0.4% (down from 5.5% in 1Q 2022). Over the next year, revenue is forecast to grow 19%, compared to a 8.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Aug 05+ 1 more updateH2O Retailing Corporation Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance for the half year and full year ending March 31, 2023. For the quarter, the company reported net sales of JPY 320,000 million, operating loss of JPY 1,000 million. For the year, the company reported net sales of JPY 660,000 million, operating profit of JPY 8,000 million, profit attributable to owners of parent of JPY 8,000 million and net income per share of JPY 64.93.Reported Earnings • Jun 26Full year 2022 earnings released: EPS: JP¥79.84 (vs JP¥200 loss in FY 2021)Full year 2022 results: EPS: JP¥79.84 (up from JP¥200 loss in FY 2021). Revenue: JP¥518.4b (down 30% from FY 2021). Net income: JP¥9.87b (up JP¥34.7b from FY 2021). Profit margin: 1.9% (up from net loss in FY 2021). Over the next year, revenue is forecast to grow 26%, compared to a 8.9% growth forecast for the retail industry in Germany. 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 12% per year, which means it has not declined as severely as earnings.お知らせ • Jun 23H2O Retailing Corporation to Report Q1, 2023 Results on Aug 04, 2022H2O Retailing Corporation announced that they will report Q1, 2023 results on Aug 04, 2022Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥79.84 (vs JP¥200 loss in FY 2021)Full year 2022 results: EPS: JP¥79.84 (up from JP¥200 loss in FY 2021). Revenue: JP¥518.4b (down 30% from FY 2021). Net income: JP¥9.87b (up JP¥34.7b from FY 2021). Profit margin: 1.9% (up from net loss in FY 2021). Over the next year, revenue is forecast to grow 21%, compared to a 8.9% growth forecast for the retail industry in Germany. 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 12% per year, which means it has not declined as severely as earnings.お知らせ • May 13+ 1 more updateH2O Retailing Corporation Announces Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 22, 2022; Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2023H2O Retailing Corporation announced dividend for the fiscal year ended March 31, 2022. For the period, the company dividend of JPY 12.50 per share compared to JPY 12.50 per share a year ago. Scheduled date of dividend payment to be June 22, 2022.The company expects to pay second quarter 2023 dividend of JPY 12.50 per share compared to 12.50 a year ago. The company expects to pay year end 2023 dividend of JPY 12.50 per share compared to 12.50 a year ago.お知らせ • May 12H2O Retailing Corporation, Annual General Meeting, Jun 22, 2022H2O Retailing Corporation, Annual General Meeting, Jun 22, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Nobuko Sekiguchi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 04H2O Retailing Corporation to Report Fiscal Year 2022 Results on May 12, 2022H2O Retailing Corporation announced that they will report fiscal year 2022 results on May 12, 2022Buying Opportunity • Mar 31Now 21% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be €7.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 01 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.1%).Buying Opportunity • Mar 12Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥7.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company became loss making over the last 3 years.Buying Opportunity • Feb 22Now 21% undervaluedOver the last 90 days, the stock is up 1.6%. The fair value is estimated to be JP¥8.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company became loss making over the last 3 years.お知らせ • Feb 11H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 550,000 shares, representing 0.44% for ¥500 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 0.44% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The shares will be repurchased at a price of ¥858 per share. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment. The repurchase program will be valid till February 14, 2022. As of February 9, 2022, the company has 123,754,428 issued shares (excluding treasury stock) and 1,446,968 treasury shares.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥39.21 (up from JP¥16.12 in 3Q 2021). Revenue: JP¥134.3b (down 38% from 3Q 2021). Net income: JP¥4.85b (up 144% from 3Q 2021). Profit margin: 3.6% (up from 0.9% in 3Q 2021). Revenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 8.0%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Feb 11+ 1 more updateH2O Retailing Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022H2O Retailing Corporation provided dividend guidance for the fiscal year ending March 31, 2022. For the period, the company expects to pay dividend of JPY 12.50 per share against JPY 12.50 per share paid a year ago.Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥14.61 (vs JP¥32.27 loss in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥122.7b (down 35% from 2Q 2021). Net income: JP¥1.81b (up JP¥5.80b from 2Q 2021). Profit margin: 1.5% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.8%).Reported Earnings • Jul 30First quarter 2022 earnings released: EPS JP¥50.73 (vs JP¥49.42 loss in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥114.3b (down 22% from 1Q 2021). Net income: JP¥6.28b (up JP¥12.4b from 1Q 2021). Profit margin: 5.5% (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 82 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 27Full year 2021 earnings released: JP¥200 loss per share (vs JP¥106 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥739.2b (down 18% from FY 2020). Net loss: JP¥24.8b (loss widened 89% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Reported Earnings • May 13Full year 2021 earnings released: JP¥200 loss per share (vs JP¥106 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥739.2b (down 18% from FY 2020). Net loss: JP¥24.8b (loss widened 89% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 09 June 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.8%).お知らせ • Mar 02H2O Retailing Corporation to Report Q4, 2021 Results on May 11, 2021H2O Retailing Corporation announced that they will report Q4, 2021 results on May 11, 2021Is New 90 Day High Low • Feb 25New 90-day high: €6.90The company is up 35% from its price of €5.10 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.21 per share.Is New 90 Day High Low • Feb 06New 90-day high: €6.35The company is up 28% from its price of €4.96 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.16 per share.Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥16.12 (vs JP¥8.66 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥216.0b (down 11% from 3Q 2020). Net income: JP¥1.99b (up 86% from 3Q 2020). Profit margin: 0.9% (up from 0.4% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 2.9%, compared to a 8.5% growth forecast for the Multiline Retail industry in Germany.業績と収益の成長予測DB:HKU - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029753,00024,25025,90056,60023/31/2028737,00022,85023,30054,30023/31/2027721,00023,95028,30054,70023/31/2026680,21529,95022,69548,333N/A12/31/2025682,73626,330N/AN/AN/A9/30/2025683,52914,68320,53751,501N/A6/30/2025683,50812,358N/AN/AN/A3/31/2025681,75934,84215,29246,268N/A12/31/2024676,82341,582N/AN/AN/A9/30/2024670,11142,6798,60338,016N/A6/30/2024664,48244,998N/AN/AN/A3/31/2024657,40021,90518,94649,332N/A12/31/2023648,65723,197N/AN/AN/A9/30/2023642,20719,88621,87648,163N/A6/30/2023633,55019,102N/AN/AN/A3/31/2023628,08916,382-41430,295N/A12/31/2022622,0407,892N/AN/AN/A9/30/2022585,8524,577-23,93214,212N/A6/30/2022553,5144,246N/AN/AN/A3/31/2022518,4479,872-23,7126,465N/A12/31/2021558,933-3,745N/AN/AN/A9/30/2021640,604-6,604-8,67212,546N/A6/30/2021707,579-12,403N/AN/AN/A3/31/2021739,198-24,791-5,28412,755N/A12/31/2020754,881-23,792N/AN/AN/A9/30/2020782,193-24,715-23,6081,097N/A6/30/2020826,069-20,830N/AN/AN/A3/31/2020897,289-13,150-23,7429,871N/A12/31/2019920,442-1,532N/AN/AN/A9/30/2019933,1743,486N/A22,445N/A6/30/2019924,7143,455N/AN/AN/A3/31/2019926,8722,162N/A15,392N/A12/31/2018933,0715,669N/AN/AN/A9/30/2018934,2799,036N/A19,604N/A6/30/2018928,83410,885N/AN/AN/A3/31/2018921,87114,636N/A32,739N/A12/31/2017909,82915,046N/AN/AN/A9/30/2017899,68213,485N/A42,259N/A6/30/2017899,58215,223N/AN/AN/A3/31/2017901,22114,298N/A38,742N/A12/31/2016906,05713,566N/AN/AN/A9/30/2016907,80414,278N/A28,190N/A6/30/2016914,36911,130N/AN/AN/A3/31/2016915,69014,053N/A24,539N/A12/31/2015912,61814,034N/AN/AN/A9/30/2015937,8845,253N/A25,599N/A6/30/2015932,1025,667N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: HKUの収益は今後 3 年間で減少すると予測されています (年間-7.2% )。収益対市場: HKUの収益は今後 3 年間で減少すると予測されています (年間-7.2% )。高成長収益: HKUの収益は今後 3 年間で減少すると予測されています。収益対市場: HKUの収益 ( 3.2% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: HKUの収益 ( 3.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: HKUの 自己資本利益率 は、3年後には低くなると予測されています ( 7.1 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-retailing 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/17 13:25終値2026/06/17 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋H2O Retailing Corporation 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Masataka KunitoCitigroup IncEmiri ShigeokaDaiwa Securities Co. Ltd.Kumio TomonagaJ.P. Morgan3 その他のアナリストを表示
お知らせ • May 12+ 1 more updateH2O Retailing Corporation Provides Earnings Guidance for the Half Year and Full Year March 31, 2024H2O Retailing Corporation provided earnings guidance for the half year and full year March 31, 2024. For the half year,the company expects Net sales of JPY 322,000 million, Operating profit of JPY 4,500 million, Profit attributable to owners of parent of JPY 500 million, Basic earnings per share JPY 4.30.For the year, the company expects Net sales of JPY 675,000 million, Operating profit of JPY 17,000 million, Profit attributable to owners of parent of JPY 8,000 million, Basic earnings per share JPY 68.74.
お知らせ • Feb 08H2O Retailing Corporation Provides Consolidated Earnings Guidance Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance full year ending March 31, 2023. For the year, the company reported net sales of JPY 640,000 million, operating profit of JPY 10,000 million, profit attributable to owners of parent of JPY 11,000 million and net income per share of JPY 89.27.
お知らせ • Aug 05+ 1 more updateH2O Retailing Corporation Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance for the half year and full year ending March 31, 2023. For the quarter, the company reported net sales of JPY 320,000 million, operating loss of JPY 1,000 million. For the year, the company reported net sales of JPY 660,000 million, operating profit of JPY 8,000 million, profit attributable to owners of parent of JPY 8,000 million and net income per share of JPY 64.93.
お知らせ • May 30H2O Retailing Corporation to Report Q1, 2027 Results on Aug 04, 2026H2O Retailing Corporation announced that they will report Q1, 2027 results on Aug 04, 2026
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Nobuko Sekiguchi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 13H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 6,000,000 shares, representing 5.22% for ¥10,700 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 5.22% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,700 million. The shares will be repurchased as a part of company's shareholder return plan Medium-term Management Plan (FY2025-FY2027). The program is valid till March 31, 2027. As of April 30, 2026, the company has 115,003,320 issued shares (excluding treasury stock) and 10,198,076 treasury shares.
お知らせ • May 12H2O Retailing Corporation, Annual General Meeting, Jun 24, 2026H2O Retailing Corporation, Annual General Meeting, Jun 24, 2026.
お知らせ • Apr 21H2O Retailing Corporation to Report Fiscal Year 2026 Results on May 12, 2026H2O Retailing Corporation announced that they will report fiscal year 2026 results on May 12, 2026
お知らせ • Nov 29H2O Retailing Corporation to Report Q3, 2026 Results on Feb 04, 2026H2O Retailing Corporation announced that they will report Q3, 2026 results on Feb 04, 2026
お知らせ • Sep 01H2O Retailing Corporation to Report Q2, 2026 Results on Oct 31, 2025H2O Retailing Corporation announced that they will report Q2, 2026 results on Oct 31, 2025
お知らせ • Jun 04H2O Retailing Corporation to Report Q1, 2026 Results on Aug 01, 2025H2O Retailing Corporation announced that they will report Q1, 2026 results on Aug 01, 2025
お知らせ • May 14H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 10,000,000 shares, representing 8.18% for ¥15,000 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 8.18% of its issued share capital (excluding treasury stock), for a total purchase price of ¥15,000 million. The shares will be repurchased as a part of company's shareholder return plan Medium-term Management Plan (FY2024-FY2026). The program is valid till March 31, 2026. As of April 30, 2025, the company has 122,222,411 issued shares (excluding treasury stock) and 2,978,985 treasury shares.
お知らせ • May 13+ 3 more updatesH2O Retailing Corporation, Annual General Meeting, Jun 25, 2025H2O Retailing Corporation, Annual General Meeting, Jun 25, 2025.
お知らせ • Mar 01H2O Retailing Corporation to Report Fiscal Year 2025 Results on May 13, 2025H2O Retailing Corporation announced that they will report fiscal year 2025 results on May 13, 2025
お知らせ • Feb 05H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 2,000,000 shares, representing 1.64% for ¥5,600 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 1.64% of its issued share capital (excluding treasury stock), for a total purchase price of ¥5,600 million. The shares will be repurchased at a price of ¥2,191 per share. The shares will be repurchased as a part of company's shareholder return plan. As of January 31, 2025, the company has 121,996,774 issued shares (excluding treasury stock) and 3,204,622 treasury shares.
お知らせ • Dec 03H2O Retailing Corporation to Report Q3, 2025 Results on Feb 05, 2025H2O Retailing Corporation announced that they will report Q3, 2025 results on Feb 05, 2025
New Risk • Nov 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.2% 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 Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.2% increase in shares outstanding).
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥5.02 (vs JP¥25.35 in 2Q 2024)Second quarter 2025 results: EPS: JP¥5.02 (down from JP¥25.35 in 2Q 2024). Revenue: JP¥169.4b (up 3.4% from 2Q 2024). Net income: JP¥604.0m (down 79% from 2Q 2024). Profit margin: 0.4% (down from 1.8% in 2Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 06H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 500,000 shares, representing 0.41% for ¥1,300 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,300 million. The shares will be repurchased at a price of ¥1,961.5 per share. The shares will be repurchased as a part of company's shareholder return plan. As of October 31, 2024, the company has 122,367,043 issued shares (excluding treasury stock) and 2,834,353 treasury shares.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%).
お知らせ • Aug 27H2O Retailing Corporation to Report Q2, 2025 Results on Nov 06, 2024H2O Retailing Corporation announced that they will report Q2, 2025 results on Nov 06, 2024
Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥243 (vs JP¥29.11 in 1Q 2024)First quarter 2025 results: EPS: JP¥243 (up from JP¥29.11 in 1Q 2024). Revenue: JP¥161.9b (up 4.6% from 1Q 2024). Net income: JP¥26.5b (up JP¥23.1b from 1Q 2024). Profit margin: 16% (up from 2.2% in 1Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €12.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Consumer Retailing industry in Europe. Total returns to shareholders of 119% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.98 per share.
Declared Dividend • Jul 11Final dividend of JP¥20.00 announcedShareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 133%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to decline by 3.9% over the next 3 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jun 02H2O Retailing Corporation to Report Q1, 2025 Results on Aug 06, 2024H2O Retailing Corporation announced that they will report Q1, 2025 results on Aug 06, 2024
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Retailing industry in Europe. Total returns to shareholders of 102% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.09 per share.
Reported Earnings • May 20Full year 2024 earnings released: EPS: JP¥190 (vs JP¥136 in FY 2023)Full year 2024 results: EPS: JP¥190 (up from JP¥136 in FY 2023). Revenue: JP¥657.4b (up 4.7% from FY 2023). Net income: JP¥21.9b (up 34% from FY 2023). Profit margin: 3.3% (up from 2.6% in FY 2023). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • May 17+ 2 more updatesH2O Retailing Corporation (TSE:8242) agreed to acquire remaining 35.11% stake in Kansai Food Market Ltd. (TSE:9919) from a group of shareholders for ¥36.7 billion.H2O Retailing Corporation (TSE:8242) agreed to acquire remaining 35.11% stake in Kansai Food Market Ltd. (TSE:9919) from a group of shareholders for ¥36.7 billion on May 15, 2023. As consideration, H2O will issue approximately 20 million shares. H2O Retailing holds 37 million shares equating to 64.89% stake of Kansai Food. In the Share Exchange Agreement, the parties have agreed that a special dividend of ¥100 per share of Kansai Food Market Stock will be paid to shareholders of Kansai Food Market Stock registered or recorded in the final shareholder registry on the day preceding the effective date of the Share Exchange, on condition that the Share Exchange Agreement is approved at Kansai Food Market’s annual general meeting of shareholders scheduled for June 20, 2024. The Special Committee recommends that Kansai Food Market’s Board of Directors implement the Share Exchange. The transaction is expected to close on July 31 2024. H2O Retailing appointed SMBC Nikko Securities Inc. as its financial advisor and third-party valuation institution and Nishimura & Asahi LPC as its legal advisor. Kansai Food Market appointed Nomura Securities Co., Ltd. as its financial advisor and third party valuation institution and Mori Hamada & Matsumoto as its legal advisor. The Special Committee appointed Kawakita Certified Public Accountants Office as the committee’s own financial advisor and third-party valuation institution. The Special Committee also approved the appointment of EY Strategy and Consulting Co., Ltd. (“EY Strategy and Consulting”) and Ernst & Young Tax Co. as Kansai Food Market’s advisors for financial due diligence, tax due diligence, etc.
お知らせ • May 16+ 3 more updatesH2O Retailing Corporation Provides Dividend Guidance for the Second End and Year End of Fiscal Year Ending March 31, 2025H2O Retailing Corporation provided dividend guidance for the second end and year end of fiscal year ending March 31, 2025. for the second quarter end, the company expects dividend of JPY 20.00 per share against JPY 12.50 per share a year ago. for the year end, the company expects dividend of JPY 20.00 per share against JPY 12.50 per share a year ago.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥15.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.2%).
お知らせ • Mar 02H2O Retailing Corporation to Report Fiscal Year 2024 Results on May 15, 2024H2O Retailing Corporation announced that they will report fiscal year 2024 results on May 15, 2024
Reported Earnings • Feb 04Third quarter 2024 earnings released: EPS: JP¥99.59 (vs JP¥68.56 in 3Q 2023)Third quarter 2024 results: EPS: JP¥99.59 (up from JP¥68.56 in 3Q 2023). Revenue: JP¥176.9b (up 3.8% from 3Q 2023). Net income: JP¥11.5b (up 41% from 3Q 2023). Profit margin: 6.5% (up from 4.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 02+ 2 more updatesH2O Retailing Corporation Provides Special Dividend Guidance for the Year Ending March 31, 2024H2O Retailing Corporation provided special dividend guidance for the year ending March 31, 2024. The company expects to pay special dividend of JPY 3.00 per share for the year ending March 31, 2024.
Buy Or Sell Opportunity • Jan 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.0% to €9.65. The fair value is estimated to be €12.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to decline by 16% in the next 2 years.
Buying Opportunity • Dec 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €12.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 4.3% in 2 years. Earnings is forecast to decline by 16% in the next 2 years.
お知らせ • Nov 29H2O Retailing Corporation to Report Q3, 2024 Results on Feb 02, 2024H2O Retailing Corporation announced that they will report Q3, 2024 results on Feb 02, 2024
Reported Earnings • Nov 04Second quarter 2024 earnings released: EPS: JP¥25.35 (vs JP¥17.36 in 2Q 2023)Second quarter 2024 results: EPS: JP¥25.35 (up from JP¥17.36 in 2Q 2023). Revenue: JP¥163.7b (up 5.6% from 2Q 2023). Net income: JP¥2.92b (up 37% from 2Q 2023). Profit margin: 1.8% (up from 1.4% in 2Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 02+ 1 more updateH2O Retailing Corporation Announces Dividend for the Second Quarter Ended September 30, 2023H2O Retailing Corporation announced dividend for the second quarter ended September 30, 2023 of JPY 12.50 per share compared to JPY 12.50 per share paid a year ago.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥12.50 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).
お知らせ • Sep 13H2O Retailing Corporation to Report Q2, 2024 Results on Nov 02, 2023H2O Retailing Corporation announced that they will report Q2, 2024 results on Nov 02, 2023
Buying Opportunity • Sep 04Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be €14.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.4% in 2 years. Earnings is forecast to decline by 25% in the next 2 years.
Reported Earnings • Aug 03First quarter 2024 earnings released: EPS: JP¥29.11 (vs JP¥5.28 in 1Q 2023)First quarter 2024 results: EPS: JP¥29.11 (up from JP¥5.28 in 1Q 2023). Revenue: JP¥154.8b (up 3.7% from 1Q 2023). Net income: JP¥3.37b (up 418% from 1Q 2023). Profit margin: 2.2% (up from 0.4% in 1Q 2023). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 02H2O Retailing Corporation to Report Q1, 2024 Results on Aug 02, 2023H2O Retailing Corporation announced that they will report Q1, 2024 results on Aug 02, 2023
Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥136 (vs JP¥79.84 in FY 2022)Full year 2023 results: EPS: JP¥136 (up from JP¥79.84 in FY 2022). Revenue: JP¥628.1b (up 21% from FY 2022). Net income: JP¥16.4b (up 66% from FY 2022). Profit margin: 2.6% (up from 1.9% in FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 1,190,000 shares, for ¥2,200 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 1,190,000 shares, representing 1.02% of its issued share capital (excluding treasury stock), for a total purchase price of ¥2,200 million. The shares will be repurchased at a price of ¥1,581 per share. The purpose of the program is to improve capital efficiency and implement agile capital policies in response to changes in the business environment. As of May 10, 2023, the company has 116,393,113 issued shares (excluding treasury stock) and 8,808,283 treasury shares.
お知らせ • May 12+ 1 more updateH2O Retailing Corporation Provides Earnings Guidance for the Half Year and Full Year March 31, 2024H2O Retailing Corporation provided earnings guidance for the half year and full year March 31, 2024. For the half year,the company expects Net sales of JPY 322,000 million, Operating profit of JPY 4,500 million, Profit attributable to owners of parent of JPY 500 million, Basic earnings per share JPY 4.30.For the year, the company expects Net sales of JPY 675,000 million, Operating profit of JPY 17,000 million, Profit attributable to owners of parent of JPY 8,000 million, Basic earnings per share JPY 68.74.
お知らせ • May 11H2O Retailing Corporation, Annual General Meeting, Jun 28, 2023H2O Retailing Corporation, Annual General Meeting, Jun 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.50 per share at 1.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.9%).
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €10.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Multiline Retail industry in Europe. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.98 per share.
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥68.56 (vs JP¥39.21 in 3Q 2022)Third quarter 2023 results: EPS: JP¥68.56 (up from JP¥39.21 in 3Q 2022). Revenue: JP¥170.5b (up 27% from 3Q 2022). Net income: JP¥8.17b (up 68% from 3Q 2022). Profit margin: 4.8% (up from 3.6% in 3Q 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 08H2O Retailing Corporation Provides Consolidated Earnings Guidance Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance full year ending March 31, 2023. For the year, the company reported net sales of JPY 640,000 million, operating profit of JPY 10,000 million, profit attributable to owners of parent of JPY 11,000 million and net income per share of JPY 89.27.
お知らせ • Nov 27H2O Retailing Corporation to Report Q3, 2023 Results on Feb 06, 2023H2O Retailing Corporation announced that they will report Q3, 2023 results on Feb 06, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Nobuko Sekiguchi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Second quarter 2023 earnings released: EPS: JP¥17.36 (vs JP¥14.61 in 2Q 2022)Second quarter 2023 results: EPS: JP¥17.36 (up from JP¥14.61 in 2Q 2022). Revenue: JP¥155.1b (up 26% from 2Q 2022). Net income: JP¥2.14b (up 18% from 2Q 2022). Profit margin: 1.4% (in line with 2Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Nov 03+ 2 more updatesH2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 8,100,000 shares, representing 6.57% for ¥13,000 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 8,100,000 shares, representing 6.57% of its issued share capital (excluding treasury stock), for a total purchase price of ¥13,000 million. The shares will be repurchased at a price of ¥1,289 per share. The purpose of the program is to improve capital efficiency and implement capital policies that response to changes in the business environment. As of November 1, 2022, the company had 123,237,810 issued shares (excluding treasury stock) and 1,963,586 treasury shares.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (7.3%).
お知らせ • Aug 28H2O Retailing Corporation to Report Q2, 2023 Results on Nov 02, 2022H2O Retailing Corporation announced that they will report Q2, 2023 results on Nov 02, 2022
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥5.28 (vs JP¥50.73 in 1Q 2022)First quarter 2023 results: EPS: JP¥5.28 (down from JP¥50.73 in 1Q 2022). Revenue: JP¥149.4b (up 31% from 1Q 2022). Net income: JP¥651.0m (down 90% from 1Q 2022). Profit margin: 0.4% (down from 5.5% in 1Q 2022). Over the next year, revenue is forecast to grow 19%, compared to a 8.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Aug 05+ 1 more updateH2O Retailing Corporation Provides Consolidated Earnings Guidance for the Half Year and Full Year Ending March 31, 2023H2O Retailing Corporation provided consolidated earnings guidance for the half year and full year ending March 31, 2023. For the quarter, the company reported net sales of JPY 320,000 million, operating loss of JPY 1,000 million. For the year, the company reported net sales of JPY 660,000 million, operating profit of JPY 8,000 million, profit attributable to owners of parent of JPY 8,000 million and net income per share of JPY 64.93.
Reported Earnings • Jun 26Full year 2022 earnings released: EPS: JP¥79.84 (vs JP¥200 loss in FY 2021)Full year 2022 results: EPS: JP¥79.84 (up from JP¥200 loss in FY 2021). Revenue: JP¥518.4b (down 30% from FY 2021). Net income: JP¥9.87b (up JP¥34.7b from FY 2021). Profit margin: 1.9% (up from net loss in FY 2021). Over the next year, revenue is forecast to grow 26%, compared to a 8.9% growth forecast for the retail industry in Germany. 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 12% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 23H2O Retailing Corporation to Report Q1, 2023 Results on Aug 04, 2022H2O Retailing Corporation announced that they will report Q1, 2023 results on Aug 04, 2022
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥79.84 (vs JP¥200 loss in FY 2021)Full year 2022 results: EPS: JP¥79.84 (up from JP¥200 loss in FY 2021). Revenue: JP¥518.4b (down 30% from FY 2021). Net income: JP¥9.87b (up JP¥34.7b from FY 2021). Profit margin: 1.9% (up from net loss in FY 2021). Over the next year, revenue is forecast to grow 21%, compared to a 8.9% growth forecast for the retail industry in Germany. 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 12% per year, which means it has not declined as severely as earnings.
お知らせ • May 13+ 1 more updateH2O Retailing Corporation Announces Dividend for the Fiscal Year Ended March 31, 2022, Payable on June 22, 2022; Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2023H2O Retailing Corporation announced dividend for the fiscal year ended March 31, 2022. For the period, the company dividend of JPY 12.50 per share compared to JPY 12.50 per share a year ago. Scheduled date of dividend payment to be June 22, 2022.The company expects to pay second quarter 2023 dividend of JPY 12.50 per share compared to 12.50 a year ago. The company expects to pay year end 2023 dividend of JPY 12.50 per share compared to 12.50 a year ago.
お知らせ • May 12H2O Retailing Corporation, Annual General Meeting, Jun 22, 2022H2O Retailing Corporation, Annual General Meeting, Jun 22, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Nobuko Sekiguchi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 04H2O Retailing Corporation to Report Fiscal Year 2022 Results on May 12, 2022H2O Retailing Corporation announced that they will report fiscal year 2022 results on May 12, 2022
Buying Opportunity • Mar 31Now 21% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be €7.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 01 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.1%).
Buying Opportunity • Mar 12Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥7.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company became loss making over the last 3 years.
Buying Opportunity • Feb 22Now 21% undervaluedOver the last 90 days, the stock is up 1.6%. The fair value is estimated to be JP¥8.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% per annum over the last 3 years. The company became loss making over the last 3 years.
お知らせ • Feb 11H2O Retailing Corporation (TSE:8242) announces an Equity Buyback for 550,000 shares, representing 0.44% for ¥500 million.H2O Retailing Corporation (TSE:8242) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 0.44% of its issued share capital (excluding treasury stock), for a total purchase price of ¥500 million. The shares will be repurchased at a price of ¥858 per share. The purpose of the program is to enable the execution of agile capital policies in response to changes in the business environment. The repurchase program will be valid till February 14, 2022. As of February 9, 2022, the company has 123,754,428 issued shares (excluding treasury stock) and 1,446,968 treasury shares.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥39.21 (up from JP¥16.12 in 3Q 2021). Revenue: JP¥134.3b (down 38% from 3Q 2021). Net income: JP¥4.85b (up 144% from 3Q 2021). Profit margin: 3.6% (up from 0.9% in 3Q 2021). Revenue missed analyst estimates by 4.4%. Over the next year, revenue is forecast to grow 8.0%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 11+ 1 more updateH2O Retailing Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022H2O Retailing Corporation provided dividend guidance for the fiscal year ending March 31, 2022. For the period, the company expects to pay dividend of JPY 12.50 per share against JPY 12.50 per share paid a year ago.
Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥14.61 (vs JP¥32.27 loss in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥122.7b (down 35% from 2Q 2021). Net income: JP¥1.81b (up JP¥5.80b from 2Q 2021). Profit margin: 1.5% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.8%).
Reported Earnings • Jul 30First quarter 2022 earnings released: EPS JP¥50.73 (vs JP¥49.42 loss in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥114.3b (down 22% from 1Q 2021). Net income: JP¥6.28b (up JP¥12.4b from 1Q 2021). Profit margin: 5.5% (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 82 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 27Full year 2021 earnings released: JP¥200 loss per share (vs JP¥106 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥739.2b (down 18% from FY 2020). Net loss: JP¥24.8b (loss widened 89% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 13Full year 2021 earnings released: JP¥200 loss per share (vs JP¥106 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥739.2b (down 18% from FY 2020). Net loss: JP¥24.8b (loss widened 89% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.50 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 09 June 2021. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.8%).
お知らせ • Mar 02H2O Retailing Corporation to Report Q4, 2021 Results on May 11, 2021H2O Retailing Corporation announced that they will report Q4, 2021 results on May 11, 2021
Is New 90 Day High Low • Feb 25New 90-day high: €6.90The company is up 35% from its price of €5.10 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.21 per share.
Is New 90 Day High Low • Feb 06New 90-day high: €6.35The company is up 28% from its price of €4.96 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.16 per share.
Reported Earnings • Jan 30Third quarter 2021 earnings released: EPS JP¥16.12 (vs JP¥8.66 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥216.0b (down 11% from 3Q 2020). Net income: JP¥1.99b (up 86% from 3Q 2020). Profit margin: 0.9% (up from 0.4% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 2.9%, compared to a 8.5% growth forecast for the Multiline Retail industry in Germany.