View ValuationAvex 将来の成長Future 基準チェック /06現在、 Avexの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Entertainment 収益成長17.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • May 16Avex Inc. Provides Earnings Guidance for the Fiscal Year 2026Avex Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects operating profit of USD 40 million, implying expected year-over-year growth of +47% in profit as Avex continues investing in long-term global growth initiatives across music, anime, live entertainment, publishing, and intellectual property ownership.お知らせ • May 30Avex Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2024Avex Inc. provided consolidated earnings forecasts for the fiscal year ended March 31, 2024. For the year, the company expected Operating profit of JPY 2,000 million, Profit attributable to owners of parent of JPY 2,200 million and Profit per share of JPY 48.77.お知らせ • May 28+ 2 more updatesAvex Inc. Announces Consolidated Earnings Guidance for the Year Ending March 31, 2022Avex Inc. announced consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects operating income of JPY 1,000 million.お知らせ • Aug 10Avex Inc. Is Unable to Provide Earnings Guidance for the Year 2020Avex Inc. announced that as announced on May 14th, 2020, the Company is unable to perform reasonable and proper calculation of the effect from the Novel Coronavirus (COVID-19) at this point, the Earnings Guidance for Fiscal Year 2020 have yet to be determined.すべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Yurina Takiguchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 16Avex Inc. Provides Earnings Guidance for the Fiscal Year 2026Avex Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects operating profit of USD 40 million, implying expected year-over-year growth of +47% in profit as Avex continues investing in long-term global growth initiatives across music, anime, live entertainment, publishing, and intellectual property ownership.お知らせ • May 14Avex Inc., Annual General Meeting, Jun 26, 2026Avex Inc., Annual General Meeting, Jun 26, 2026.お知らせ • Apr 09Avex Inc. to Report Fiscal Year 2026 Results on May 14, 2026Avex Inc. announced that they will report fiscal year 2026 results on May 14, 2026お知らせ • Dec 16Avex Inc. to Report Q3, 2026 Results on Feb 12, 2026Avex Inc. announced that they will report Q3, 2026 results on Feb 12, 2026お知らせ • Sep 01Avex Inc. to Report Q2, 2026 Results on Nov 13, 2025Avex Inc. announced that they will report Q2, 2026 results on Nov 13, 2025お知らせ • Jul 24Avex Inc. to Report Q1, 2026 Results on Aug 07, 2025Avex Inc. announced that they will report Q1, 2026 results on Aug 07, 2025お知らせ • May 08Avex Inc., Annual General Meeting, Jun 27, 2025Avex Inc., Annual General Meeting, Jun 27, 2025.お知らせ • Mar 27Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders.Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. As a part of acquisition, Ownership interest ratio in S10 Entertainment & Media LLC became 40%. Avex Inc. (TSE:7860) completed the acquisition of 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. David C Eisman and Ryne C Posey of Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal advisor to S10 Entertainment and its founder Brandon Silverstein.お知らせ • Mar 26+ 1 more updateAvex Inc. Announces Board and Executive Changes for Avex Music Group LLCAvex Inc. (the "Company") hereby announces that the Company will acquire additional equity interest of US-based S10 Entertainment & Media LLC ("S10") (Headquarters: California, USA, Founder & CEO: Brandon Silverstein) from the existing shareholders of S10, and from the subsidiary of Avex USA Inc. ("AUI"), a wholly-owned consolidated subsidiary of the Company, Avex USA Partners LLC ("AUP"), which results in making S10 a consolidated subsidiary of the Company, and appoint Brandon Silverstein ("Brandon"), CEO of S10, as CEO of Avex Music Group LLC ("AMGL"), the Company's US subsidiary, effective on April 1. Changes in President and Directors (effective on April 1, 2025): Avex Music Group LLC. Brandon Silverstein, current ttile: (CEO, S10 Entertainment & Media LLC) with new title: Director, CEO (CEO, S10 Entertainment & Media LLC). Retirement of Naoki Osada as Director, CEO. Ryusuke Kamada, current tilte: (CFO, Avex USA Inc.) with Director, CFO (Director, Avex USA Inc.). Katsumi Kuroiwa, current title: (Representative Director, CEO, Avex Inc.) with Director (Representative Director, CEO, Avex Inc.). Hajime Shibata, current title: (Executive Officers, Avex Inc.) with new title: Director (Executive Officer, Avex Inc. Chairman, Avex USA Inc.). Takeya Ino, current title: (Director, Avex Entertainment Inc.) with new title: Director (Director, Avex Entertainment Inc.). Akihito Yamanaka current title: (President, Avex Live Creative Inc.) with new title: Director (Director, Avex Entertainment Inc.). Brandon Silverstein (Born in 1991) is a music industry entrepreneur known as the founder and CEO of S10. S10 handles artist management and manages top global artists such as Myke Towers and Big Sean. Since 2020, he has partnered with AUI in the music publishing domain, producing numerous Billboard hits including Justin Bieber's "Peaches (feat. Daniel Caesar & Giveon)" and Doja Cat's "Agora Hills." He has won numerous awards in the United States, including Forbes 30 Under 30 (2019), Billboard's 40 Under 40 (2021), and Billboard's Power Players' Choice Award (2023).お知らせ • Mar 25Avex Inc. Appoints Brandon Silverstein as Chief Executive Officer of Avex Music GroupAvex Inc. named music industry veteran and S10 founder Brandon Silverstein as Chief Executive Officer of the newly formed Avex Music Group (AMG). In this role, Silverstein will oversee all company operations for Avex Music Group, including the S10 Music Publishing and S10 Management roster, as well as the full roster and activities across AMG. Silverstein will be a partner in AMG with an equity stake in the company and will join its board of directors.お知らせ • Mar 12Avex Inc. to Report Fiscal Year 2025 Results on May 08, 2025Avex Inc. announced that they will report fiscal year 2025 results on May 08, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥4.58 loss per share (vs JP¥5.44 loss in 2Q 2024)Second quarter 2025 results: JP¥4.58 loss per share (improved from JP¥5.44 loss in 2Q 2024). Revenue: JP¥30.6b (down 5.6% from 2Q 2024). Net loss: JP¥202.0m (loss narrowed 18% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.お知らせ • Sep 26+ 1 more updateAvex Inc. to Report Q3, 2025 Results on Feb 13, 2025Avex Inc. announced that they will report Q3, 2025 results on Feb 13, 2025Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).Declared Dividend • Jul 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 305%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (167% earnings payout ratio) nor is it covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 86% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Jun 28Avex Inc. to Report Q1, 2025 Results on Aug 08, 2024Avex Inc. announced that they will report Q1, 2025 results on Aug 08, 2024お知らせ • Jun 13+ 1 more updateAvex Inc. Announces End of Year Dividend for the Year Ended March 31, 2024, Payable on June 7, 2024; Provides End of Second Quarter and End of Year Dividend Guidance for the Year Ending March 31, 2025Avex Inc. announced end of year dividend of JPY 25.00 per share for the Year ended March 31, 2024 compared to JPY 25.00 per share a year ago. Scheduled date for commencement of dividend payments: June 7, 2024.The company provided end of second quarter and end of year dividend guidance for the year ending March 31, 2025. For the end of second quarter, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.For the end of year, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.お知らせ • May 30Avex Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2024Avex Inc. provided consolidated earnings forecasts for the fiscal year ended March 31, 2024. For the year, the company expected Operating profit of JPY 2,000 million, Profit attributable to owners of parent of JPY 2,200 million and Profit per share of JPY 48.77.お知らせ • May 11Avex Inc., Annual General Meeting, Jun 21, 2024Avex Inc., Annual General Meeting, Jun 21, 2024.Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • May 10Avex Inc. (TSE:7860) announces an Equity Buyback for 3,000,000 shares, representing 6.63% for ¥4,500 million.Avex Inc. (TSE:7860) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 6.63% of its share capital, for ¥4,500 million. The purpose of the program is to improve capital efficiency and shareholders' value. The program will expire on April 30, 2025. As of March 31, 2024, the company had 45,252,854 shares in issue (excluding treasury stock) and 410,546 shares in treasury.Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%).お知らせ • Mar 20Avex Inc. to Report Fiscal Year 2024 Results on May 09, 2024Avex Inc. announced that they will report fiscal year 2024 results on May 09, 2024Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥22.56 loss per share (vs JP¥8.44 loss in 3Q 2023)Third quarter 2024 results: JP¥22.56 loss per share (further deteriorated from JP¥8.44 loss in 3Q 2023). Revenue: JP¥30.0b (down 4.6% from 3Q 2023). Net loss: JP¥1.02b (loss widened 168% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Dec 10Avex Inc. to Report Q3, 2024 Results on Feb 08, 2024Avex Inc. announced that they will report Q3, 2024 results on Feb 08, 2024New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin).Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥5.44 loss per share (vs JP¥33.96 profit in 2Q 2023)Second quarter 2024 results: JP¥5.44 loss per share (down from JP¥33.96 profit in 2Q 2023). Revenue: JP¥32.4b (up 27% from 2Q 2023). Net loss: JP¥246.0m (down 116% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Oct 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 05Avex Inc. to Report Q2, 2024 Results on Nov 09, 2023Avex Inc. announced that they will report Q2, 2024 results on Nov 09, 2023お知らせ • Jul 14Avex Inc. Decides to Reorganize the Avex Group and Change the System for Execution of Business OperationAvex Inc. decided to reorganize the Avex Group and change the system for execution of business operation. After the Reorganization, Avex Entertainment Inc. and Avex Pictures Inc. will become intermediate holding companies. Details are as follows. Purpose of the Reorganization; Under "avex vision 2027" a medium-term management plan announced in May 2022, the Company focuses on "meeting and developing talent," which is the basis of the Company's value creation. It also actively invests in intellectual property development, and pursues a range of measures to build a system that enables it to achieve medium to long-term growth. To accelerate the implementation of measures in line with the management policy, the Company will establish an intermediate holding company responsible for the Music and Management business and one responsible for the Anime & Visual Content business and delegate authority to these companies, clarifying business responsibilities. In this way, the Company aims to enhance competitiveness and implement growth strategies. Overview of the Reorganization; AEI, API and Avex Management Inc. ("AMG") will split their business divisions into separate companies. AEI will become an intermediate holding company responsible for the Music business and management, and API will become one responsible for the Anime & Visual Content business. The Group companies will be positioned in the new organizational structure.お知らせ • Jun 29Avex Inc. to Report Q1, 2024 Results on Aug 10, 2023Avex Inc. announced that they will report Q1, 2024 results on Aug 10, 2023お知らせ • May 26+ 1 more updateAvex Inc. Announces Dividend for the Year Ended March 31, 2023, Payable on June 8, 2023; Provides Dividend Guidance for the Second Quarter and Year End of the Fiscal Year Ending March 31, 2024Avex Inc. announced dividend for the year ended March 31, 2023. For the year, the company announced dividend of JPY 25.00 per share compared to JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments: June 8, 2023.For the second quarter end, the company expects to pay a dividend of JPY 25.00 per share. For the year end 2024, the company expects to pay a dividend of JPY 25.00 per share.Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥60.78 (vs JP¥20.75 in FY 2022)Full year 2023 results: EPS: JP¥60.78 (up from JP¥20.75 in FY 2022). Revenue: JP¥121.6b (up 24% from FY 2022). Net income: JP¥2.74b (up 198% from FY 2022). Profit margin: 2.3% (up from 0.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 13Avex Inc., Annual General Meeting, Jun 23, 2023Avex Inc., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).Reported Earnings • Feb 13Third quarter 2023 earnings released: JP¥8.44 loss per share (vs JP¥17.65 profit in 3Q 2022)Third quarter 2023 results: JP¥8.44 loss per share (down from JP¥17.65 profit in 3Q 2022). Revenue: JP¥31.5b (up 5.8% from 3Q 2022). Net loss: JP¥381.0m (down 148% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Feb 13Now 24% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €14.83, 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.お知らせ • Dec 28Avex Inc. to Report Q3, 2023 Results on Feb 09, 2023Avex Inc. announced that they will report Q3, 2023 results on Feb 09, 2023お知らせ • Nov 28+ 1 more updateAvex Inc. Announces Dividend for the End of Second Quarter of the Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Avex Inc. announced dividend of JPY 25.00 per share for the end of second quarter of the fiscal year ending March 31, 2023 against JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments is December 1, 2022.The company provided dividend guidance for the fiscal year ending March 31, 2023. For the year-end, the company expects to pay dividend of JPY 25.00 per share against JPY 25.00 per share paid a year ago.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki 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 12Second quarter 2023 earnings released: EPS: JP¥33.96 (vs JP¥35.57 in 2Q 2022)Second quarter 2023 results: EPS: JP¥33.96 (down from JP¥35.57 in 2Q 2022). Revenue: JP¥25.6b (down 4.8% from 2Q 2022). Net income: JP¥1.53b (down 4.3% from 2Q 2022). Profit margin: 6.0% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).お知らせ • Sep 22Avex Inc. to Report Q2, 2023 Results on Nov 10, 2022Avex Inc. announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥37.20 (vs JP¥0.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥37.20 (up from JP¥0.26 in 1Q 2022). Revenue: JP¥28.5b (up 47% from 1Q 2022). Net income: JP¥1.68b (up JP¥1.66b from 1Q 2022). Profit margin: 5.9% (up from 0.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 131% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 29Avex Inc. to Report Q1, 2023 Results on Aug 04, 2022Avex Inc. announced that they will report Q1, 2023 results on Aug 04, 2022お知らせ • May 28+ 2 more updatesAvex Inc. Announces Dividend for the Fiscal Year Ending March 31, 2022, Payable on June 9, 2022Avex Inc. announced Dividend for the Fiscal Year Ending March 31, 2022 the dividend of ¥25 per share. Scheduled date for commencement of dividend payments is June 9, 2022.Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥20.75 (vs JP¥298 in FY 2021)Full year 2022 results: EPS: JP¥20.75 (down from JP¥298 in FY 2021). Revenue: JP¥98.4b (up 21% from FY 2021). Net income: JP¥919.0m (down 93% from FY 2021). Profit margin: 0.9% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 181% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • May 14Avex Inc., Annual General Meeting, Jun 24, 2022Avex Inc., Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki 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 02Avex Inc. to Report Fiscal Year 2022 Results on May 12, 2022Avex Inc. announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Feb 22+ 1 more updateAvex Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022Avex Inc. provided dividend guidance for the fiscal year ending March 31, 2022. For the year, the company expects to pay an year end dividend of ¥25 per share.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥17.65 (up from JP¥22.80 loss in 3Q 2021). Revenue: JP¥29.7b (up 46% from 3Q 2021). Net income: JP¥795.0m (up JP¥1.79b from 3Q 2021). Profit margin: 2.7% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 26%, compared to a 343% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥35.57 (vs JP¥36.35 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥26.9b (up 33% from 2Q 2021). Net income: JP¥1.60b (up JP¥3.19b from 2Q 2021). Profit margin: 6.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.8%).Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥0.26 (vs JP¥39.18 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥19.4b (up 38% from 1Q 2021). Net income: JP¥11.0m (up JP¥1.72b from 1Q 2021). Profit margin: 0.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 28+ 2 more updatesAvex Inc. Announces Consolidated Earnings Guidance for the Year Ending March 31, 2022Avex Inc. announced consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects operating income of JPY 1,000 million.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥298 (vs JP¥25.37 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥81.5b (down 40% from FY 2020). Net income: JP¥12.8b (up JP¥13.9b from FY 2020). Profit margin: 16% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% 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 • Mar 24Upcoming dividend of JP¥96.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.9%).Is New 90 Day High Low • Feb 23New 90-day high: €12.00The company is up 53% from its price of €7.85 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 15% over the same period.Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥22.80 loss per share (vs JP¥41.90 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥20.4b (down 48% from 3Q 2020). Net loss: JP¥995.0m (down 155% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 04New 90-day high: €10.70The company is up 36% from its price of €7.85 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 14New 90-day high: €9.30The company is up 3.0% from its price of €9.05 on 16 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 25% over the same period.お知らせ • Jan 12GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion.GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion on December 24, 2020. BentallGreenOak is paying the equivalent of JPY 2.6 million per square metre for the 28000 square metre tower at 3 Chome-1-30 Minamiaoyama in Tokyo’s Minato Ward. Completion is expected during the first quarter of 2021.お知らせ • Jan 06Avex Inc. to Report Q3, 2021 Results on Feb 04, 2021Avex Inc. announced that they will report Q3, 2021 results on Feb 04, 2021Reported Earnings • Nov 07Second quarter 2021 earnings released: JP¥36.35 loss per shareThe company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥20.2b (down 37% from 2Q 2020). Net loss: JP¥1.59b (loss widened 12% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 68% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Oct 10Avex Inc. to Report Q2, 2021 Results on Nov 05, 2020Avex Inc. announced that they will report Q2, 2021 results on Nov 05, 2020お知らせ • Aug 10Avex Inc. Is Unable to Provide Earnings Guidance for the Year 2020Avex Inc. announced that as announced on May 14th, 2020, the Company is unable to perform reasonable and proper calculation of the effect from the Novel Coronavirus (COVID-19) at this point, the Earnings Guidance for Fiscal Year 2020 have yet to be determined.お知らせ • Jun 28Avex Inc. to Report Q1, 2021 Results on Aug 06, 2020Avex Inc. announced that they will report Q1, 2021 results on Aug 06, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Avex は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測DB:AX8 - 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3/31/2026146,5713,553-3362,076N/A12/31/2025142,1442,050N/AN/AN/A9/30/2025139,588370-9,037-5,469N/A6/30/2025138,87865N/AN/AN/A3/31/2025131,6911,138-9,501-4,675N/A12/31/2024131,6121,705N/AN/AN/A9/30/2024125,163161-2,722773N/A6/30/2024126,962117N/AN/AN/A3/31/2024133,3879871,4043,691N/A12/31/2023130,4181,353N/AN/AN/A9/30/2023131,8561,9932,2275,686N/A6/30/2023125,0613,771N/AN/AN/A3/31/2023121,5612,7425,6099,192N/A12/31/2022107,9301,338N/AN/AN/A9/30/2022106,1932,5146,84210,338N/A6/30/2022107,4932,583N/AN/AN/A3/31/202298,437919-7,420-4,464N/A12/31/2021102,85219,522N/AN/AN/A9/30/202193,55217,732-14,569-9,815N/A6/30/202186,83614,546N/AN/AN/A3/31/202181,52712,831-10,846-6,480N/A12/31/202089,864-5,445N/AN/AN/A9/30/2020108,559-2,629-6,871-4,069N/A6/30/2020120,549-2,458N/AN/AN/A3/31/2020135,469-1,102-7,244-4,032N/A12/31/2019137,817-4N/AN/AN/A9/30/2019138,303-992N/A1,505N/A6/30/2019156,8782,151N/AN/AN/A3/31/2019160,1262,354N/A11,003N/A12/31/2018164,9212,906N/AN/AN/A9/30/2018177,9824,818N/A13,922N/A6/30/2018163,2022,134N/AN/AN/A3/31/2018163,3752,601N/A13,429N/A12/31/2017159,6242,213N/AN/AN/A9/30/2017154,349-1,187N/A7,492N/A6/30/2017158,319-38N/AN/AN/A3/31/2017161,592118N/A8,219N/A12/31/2016167,9203,759N/AN/AN/A9/30/2016161,1645,272N/A17,433N/A6/30/2016158,3815,281N/AN/AN/A3/31/2016154,1224,292N/A8,169N/A12/31/2015158,1862,972N/AN/AN/A9/30/2015159,1335,191N/A344N/A6/30/2015158,9865,263N/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: AX8の予測収益成長が 貯蓄率 ( 1.9% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: AX8の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: AX8の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: AX8の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: AX8の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。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: AX8の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMedia 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2026/05/22 17:02終値2026/05/22 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Avex Inc. 0 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。11 アナリスト機関Hitoshi KuriyamaBofA Global ResearchRobert KahnCitigroup IncJun HasebeDaiwa Securities Co. Ltd.8 その他のアナリストを表示
お知らせ • May 16Avex Inc. Provides Earnings Guidance for the Fiscal Year 2026Avex Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects operating profit of USD 40 million, implying expected year-over-year growth of +47% in profit as Avex continues investing in long-term global growth initiatives across music, anime, live entertainment, publishing, and intellectual property ownership.
お知らせ • May 30Avex Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2024Avex Inc. provided consolidated earnings forecasts for the fiscal year ended March 31, 2024. For the year, the company expected Operating profit of JPY 2,000 million, Profit attributable to owners of parent of JPY 2,200 million and Profit per share of JPY 48.77.
お知らせ • May 28+ 2 more updatesAvex Inc. Announces Consolidated Earnings Guidance for the Year Ending March 31, 2022Avex Inc. announced consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects operating income of JPY 1,000 million.
お知らせ • Aug 10Avex Inc. Is Unable to Provide Earnings Guidance for the Year 2020Avex Inc. announced that as announced on May 14th, 2020, the Company is unable to perform reasonable and proper calculation of the effect from the Novel Coronavirus (COVID-19) at this point, the Earnings Guidance for Fiscal Year 2020 have yet to be determined.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Yurina Takiguchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 16Avex Inc. Provides Earnings Guidance for the Fiscal Year 2026Avex Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects operating profit of USD 40 million, implying expected year-over-year growth of +47% in profit as Avex continues investing in long-term global growth initiatives across music, anime, live entertainment, publishing, and intellectual property ownership.
お知らせ • May 14Avex Inc., Annual General Meeting, Jun 26, 2026Avex Inc., Annual General Meeting, Jun 26, 2026.
お知らせ • Apr 09Avex Inc. to Report Fiscal Year 2026 Results on May 14, 2026Avex Inc. announced that they will report fiscal year 2026 results on May 14, 2026
お知らせ • Dec 16Avex Inc. to Report Q3, 2026 Results on Feb 12, 2026Avex Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
お知らせ • Sep 01Avex Inc. to Report Q2, 2026 Results on Nov 13, 2025Avex Inc. announced that they will report Q2, 2026 results on Nov 13, 2025
お知らせ • Jul 24Avex Inc. to Report Q1, 2026 Results on Aug 07, 2025Avex Inc. announced that they will report Q1, 2026 results on Aug 07, 2025
お知らせ • May 08Avex Inc., Annual General Meeting, Jun 27, 2025Avex Inc., Annual General Meeting, Jun 27, 2025.
お知らせ • Mar 27Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders.Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. As a part of acquisition, Ownership interest ratio in S10 Entertainment & Media LLC became 40%. Avex Inc. (TSE:7860) completed the acquisition of 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. David C Eisman and Ryne C Posey of Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal advisor to S10 Entertainment and its founder Brandon Silverstein.
お知らせ • Mar 26+ 1 more updateAvex Inc. Announces Board and Executive Changes for Avex Music Group LLCAvex Inc. (the "Company") hereby announces that the Company will acquire additional equity interest of US-based S10 Entertainment & Media LLC ("S10") (Headquarters: California, USA, Founder & CEO: Brandon Silverstein) from the existing shareholders of S10, and from the subsidiary of Avex USA Inc. ("AUI"), a wholly-owned consolidated subsidiary of the Company, Avex USA Partners LLC ("AUP"), which results in making S10 a consolidated subsidiary of the Company, and appoint Brandon Silverstein ("Brandon"), CEO of S10, as CEO of Avex Music Group LLC ("AMGL"), the Company's US subsidiary, effective on April 1. Changes in President and Directors (effective on April 1, 2025): Avex Music Group LLC. Brandon Silverstein, current ttile: (CEO, S10 Entertainment & Media LLC) with new title: Director, CEO (CEO, S10 Entertainment & Media LLC). Retirement of Naoki Osada as Director, CEO. Ryusuke Kamada, current tilte: (CFO, Avex USA Inc.) with Director, CFO (Director, Avex USA Inc.). Katsumi Kuroiwa, current title: (Representative Director, CEO, Avex Inc.) with Director (Representative Director, CEO, Avex Inc.). Hajime Shibata, current title: (Executive Officers, Avex Inc.) with new title: Director (Executive Officer, Avex Inc. Chairman, Avex USA Inc.). Takeya Ino, current title: (Director, Avex Entertainment Inc.) with new title: Director (Director, Avex Entertainment Inc.). Akihito Yamanaka current title: (President, Avex Live Creative Inc.) with new title: Director (Director, Avex Entertainment Inc.). Brandon Silverstein (Born in 1991) is a music industry entrepreneur known as the founder and CEO of S10. S10 handles artist management and manages top global artists such as Myke Towers and Big Sean. Since 2020, he has partnered with AUI in the music publishing domain, producing numerous Billboard hits including Justin Bieber's "Peaches (feat. Daniel Caesar & Giveon)" and Doja Cat's "Agora Hills." He has won numerous awards in the United States, including Forbes 30 Under 30 (2019), Billboard's 40 Under 40 (2021), and Billboard's Power Players' Choice Award (2023).
お知らせ • Mar 25Avex Inc. Appoints Brandon Silverstein as Chief Executive Officer of Avex Music GroupAvex Inc. named music industry veteran and S10 founder Brandon Silverstein as Chief Executive Officer of the newly formed Avex Music Group (AMG). In this role, Silverstein will oversee all company operations for Avex Music Group, including the S10 Music Publishing and S10 Management roster, as well as the full roster and activities across AMG. Silverstein will be a partner in AMG with an equity stake in the company and will join its board of directors.
お知らせ • Mar 12Avex Inc. to Report Fiscal Year 2025 Results on May 08, 2025Avex Inc. announced that they will report fiscal year 2025 results on May 08, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥4.58 loss per share (vs JP¥5.44 loss in 2Q 2024)Second quarter 2025 results: JP¥4.58 loss per share (improved from JP¥5.44 loss in 2Q 2024). Revenue: JP¥30.6b (down 5.6% from 2Q 2024). Net loss: JP¥202.0m (loss narrowed 18% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 26+ 1 more updateAvex Inc. to Report Q3, 2025 Results on Feb 13, 2025Avex Inc. announced that they will report Q3, 2025 results on Feb 13, 2025
Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).
Declared Dividend • Jul 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 305%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (167% earnings payout ratio) nor is it covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 86% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 28Avex Inc. to Report Q1, 2025 Results on Aug 08, 2024Avex Inc. announced that they will report Q1, 2025 results on Aug 08, 2024
お知らせ • Jun 13+ 1 more updateAvex Inc. Announces End of Year Dividend for the Year Ended March 31, 2024, Payable on June 7, 2024; Provides End of Second Quarter and End of Year Dividend Guidance for the Year Ending March 31, 2025Avex Inc. announced end of year dividend of JPY 25.00 per share for the Year ended March 31, 2024 compared to JPY 25.00 per share a year ago. Scheduled date for commencement of dividend payments: June 7, 2024.The company provided end of second quarter and end of year dividend guidance for the year ending March 31, 2025. For the end of second quarter, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.For the end of year, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.
お知らせ • May 30Avex Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2024Avex Inc. provided consolidated earnings forecasts for the fiscal year ended March 31, 2024. For the year, the company expected Operating profit of JPY 2,000 million, Profit attributable to owners of parent of JPY 2,200 million and Profit per share of JPY 48.77.
お知らせ • May 11Avex Inc., Annual General Meeting, Jun 21, 2024Avex Inc., Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • May 10Avex Inc. (TSE:7860) announces an Equity Buyback for 3,000,000 shares, representing 6.63% for ¥4,500 million.Avex Inc. (TSE:7860) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 6.63% of its share capital, for ¥4,500 million. The purpose of the program is to improve capital efficiency and shareholders' value. The program will expire on April 30, 2025. As of March 31, 2024, the company had 45,252,854 shares in issue (excluding treasury stock) and 410,546 shares in treasury.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%).
お知らせ • Mar 20Avex Inc. to Report Fiscal Year 2024 Results on May 09, 2024Avex Inc. announced that they will report fiscal year 2024 results on May 09, 2024
Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥22.56 loss per share (vs JP¥8.44 loss in 3Q 2023)Third quarter 2024 results: JP¥22.56 loss per share (further deteriorated from JP¥8.44 loss in 3Q 2023). Revenue: JP¥30.0b (down 4.6% from 3Q 2023). Net loss: JP¥1.02b (loss widened 168% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Dec 10Avex Inc. to Report Q3, 2024 Results on Feb 08, 2024Avex Inc. announced that they will report Q3, 2024 results on Feb 08, 2024
New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin).
Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥5.44 loss per share (vs JP¥33.96 profit in 2Q 2023)Second quarter 2024 results: JP¥5.44 loss per share (down from JP¥33.96 profit in 2Q 2023). Revenue: JP¥32.4b (up 27% from 2Q 2023). Net loss: JP¥246.0m (down 116% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Oct 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 05Avex Inc. to Report Q2, 2024 Results on Nov 09, 2023Avex Inc. announced that they will report Q2, 2024 results on Nov 09, 2023
お知らせ • Jul 14Avex Inc. Decides to Reorganize the Avex Group and Change the System for Execution of Business OperationAvex Inc. decided to reorganize the Avex Group and change the system for execution of business operation. After the Reorganization, Avex Entertainment Inc. and Avex Pictures Inc. will become intermediate holding companies. Details are as follows. Purpose of the Reorganization; Under "avex vision 2027" a medium-term management plan announced in May 2022, the Company focuses on "meeting and developing talent," which is the basis of the Company's value creation. It also actively invests in intellectual property development, and pursues a range of measures to build a system that enables it to achieve medium to long-term growth. To accelerate the implementation of measures in line with the management policy, the Company will establish an intermediate holding company responsible for the Music and Management business and one responsible for the Anime & Visual Content business and delegate authority to these companies, clarifying business responsibilities. In this way, the Company aims to enhance competitiveness and implement growth strategies. Overview of the Reorganization; AEI, API and Avex Management Inc. ("AMG") will split their business divisions into separate companies. AEI will become an intermediate holding company responsible for the Music business and management, and API will become one responsible for the Anime & Visual Content business. The Group companies will be positioned in the new organizational structure.
お知らせ • Jun 29Avex Inc. to Report Q1, 2024 Results on Aug 10, 2023Avex Inc. announced that they will report Q1, 2024 results on Aug 10, 2023
お知らせ • May 26+ 1 more updateAvex Inc. Announces Dividend for the Year Ended March 31, 2023, Payable on June 8, 2023; Provides Dividend Guidance for the Second Quarter and Year End of the Fiscal Year Ending March 31, 2024Avex Inc. announced dividend for the year ended March 31, 2023. For the year, the company announced dividend of JPY 25.00 per share compared to JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments: June 8, 2023.For the second quarter end, the company expects to pay a dividend of JPY 25.00 per share. For the year end 2024, the company expects to pay a dividend of JPY 25.00 per share.
Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥60.78 (vs JP¥20.75 in FY 2022)Full year 2023 results: EPS: JP¥60.78 (up from JP¥20.75 in FY 2022). Revenue: JP¥121.6b (up 24% from FY 2022). Net income: JP¥2.74b (up 198% from FY 2022). Profit margin: 2.3% (up from 0.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 13Avex Inc., Annual General Meeting, Jun 23, 2023Avex Inc., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).
Reported Earnings • Feb 13Third quarter 2023 earnings released: JP¥8.44 loss per share (vs JP¥17.65 profit in 3Q 2022)Third quarter 2023 results: JP¥8.44 loss per share (down from JP¥17.65 profit in 3Q 2022). Revenue: JP¥31.5b (up 5.8% from 3Q 2022). Net loss: JP¥381.0m (down 148% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Feb 13Now 24% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €14.83, 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.
お知らせ • Dec 28Avex Inc. to Report Q3, 2023 Results on Feb 09, 2023Avex Inc. announced that they will report Q3, 2023 results on Feb 09, 2023
お知らせ • Nov 28+ 1 more updateAvex Inc. Announces Dividend for the End of Second Quarter of the Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Avex Inc. announced dividend of JPY 25.00 per share for the end of second quarter of the fiscal year ending March 31, 2023 against JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments is December 1, 2022.The company provided dividend guidance for the fiscal year ending March 31, 2023. For the year-end, the company expects to pay dividend of JPY 25.00 per share against JPY 25.00 per share paid a year ago.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki 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 12Second quarter 2023 earnings released: EPS: JP¥33.96 (vs JP¥35.57 in 2Q 2022)Second quarter 2023 results: EPS: JP¥33.96 (down from JP¥35.57 in 2Q 2022). Revenue: JP¥25.6b (down 4.8% from 2Q 2022). Net income: JP¥1.53b (down 4.3% from 2Q 2022). Profit margin: 6.0% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).
お知らせ • Sep 22Avex Inc. to Report Q2, 2023 Results on Nov 10, 2022Avex Inc. announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥37.20 (vs JP¥0.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥37.20 (up from JP¥0.26 in 1Q 2022). Revenue: JP¥28.5b (up 47% from 1Q 2022). Net income: JP¥1.68b (up JP¥1.66b from 1Q 2022). Profit margin: 5.9% (up from 0.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 131% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 29Avex Inc. to Report Q1, 2023 Results on Aug 04, 2022Avex Inc. announced that they will report Q1, 2023 results on Aug 04, 2022
お知らせ • May 28+ 2 more updatesAvex Inc. Announces Dividend for the Fiscal Year Ending March 31, 2022, Payable on June 9, 2022Avex Inc. announced Dividend for the Fiscal Year Ending March 31, 2022 the dividend of ¥25 per share. Scheduled date for commencement of dividend payments is June 9, 2022.
Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥20.75 (vs JP¥298 in FY 2021)Full year 2022 results: EPS: JP¥20.75 (down from JP¥298 in FY 2021). Revenue: JP¥98.4b (up 21% from FY 2021). Net income: JP¥919.0m (down 93% from FY 2021). Profit margin: 0.9% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 181% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • May 14Avex Inc., Annual General Meeting, Jun 24, 2022Avex Inc., Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki 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 02Avex Inc. to Report Fiscal Year 2022 Results on May 12, 2022Avex Inc. announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Feb 22+ 1 more updateAvex Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022Avex Inc. provided dividend guidance for the fiscal year ending March 31, 2022. For the year, the company expects to pay an year end dividend of ¥25 per share.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥17.65 (up from JP¥22.80 loss in 3Q 2021). Revenue: JP¥29.7b (up 46% from 3Q 2021). Net income: JP¥795.0m (up JP¥1.79b from 3Q 2021). Profit margin: 2.7% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 26%, compared to a 343% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥35.57 (vs JP¥36.35 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥26.9b (up 33% from 2Q 2021). Net income: JP¥1.60b (up JP¥3.19b from 2Q 2021). Profit margin: 6.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.8%).
Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥0.26 (vs JP¥39.18 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥19.4b (up 38% from 1Q 2021). Net income: JP¥11.0m (up JP¥1.72b from 1Q 2021). Profit margin: 0.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 28+ 2 more updatesAvex Inc. Announces Consolidated Earnings Guidance for the Year Ending March 31, 2022Avex Inc. announced consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects operating income of JPY 1,000 million.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥298 (vs JP¥25.37 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥81.5b (down 40% from FY 2020). Net income: JP¥12.8b (up JP¥13.9b from FY 2020). Profit margin: 16% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% 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 • Mar 24Upcoming dividend of JP¥96.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.9%).
Is New 90 Day High Low • Feb 23New 90-day high: €12.00The company is up 53% from its price of €7.85 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 15% over the same period.
Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥22.80 loss per share (vs JP¥41.90 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥20.4b (down 48% from 3Q 2020). Net loss: JP¥995.0m (down 155% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 04New 90-day high: €10.70The company is up 36% from its price of €7.85 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 14New 90-day high: €9.30The company is up 3.0% from its price of €9.05 on 16 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 25% over the same period.
お知らせ • Jan 12GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion.GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion on December 24, 2020. BentallGreenOak is paying the equivalent of JPY 2.6 million per square metre for the 28000 square metre tower at 3 Chome-1-30 Minamiaoyama in Tokyo’s Minato Ward. Completion is expected during the first quarter of 2021.
お知らせ • Jan 06Avex Inc. to Report Q3, 2021 Results on Feb 04, 2021Avex Inc. announced that they will report Q3, 2021 results on Feb 04, 2021
Reported Earnings • Nov 07Second quarter 2021 earnings released: JP¥36.35 loss per shareThe company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥20.2b (down 37% from 2Q 2020). Net loss: JP¥1.59b (loss widened 12% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 68% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 10Avex Inc. to Report Q2, 2021 Results on Nov 05, 2020Avex Inc. announced that they will report Q2, 2021 results on Nov 05, 2020
お知らせ • Aug 10Avex Inc. Is Unable to Provide Earnings Guidance for the Year 2020Avex Inc. announced that as announced on May 14th, 2020, the Company is unable to perform reasonable and proper calculation of the effect from the Novel Coronavirus (COVID-19) at this point, the Earnings Guidance for Fiscal Year 2020 have yet to be determined.
お知らせ • Jun 28Avex Inc. to Report Q1, 2021 Results on Aug 06, 2020Avex Inc. announced that they will report Q1, 2021 results on Aug 06, 2020