View ValuationAoyama Trading 将来の成長Future 基準チェック /16Aoyama Trading利益と収益がそれぞれ年間4%と0.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に4.5% 5.9%なると予測されています。主要情報4.0%収益成長率5.93%EPS成長率Specialty Retail 収益成長30.7%収益成長率0.7%将来の株主資本利益率4.53%アナリストカバレッジLow最終更新日24 Jun 2026今後の成長に関する最新情報お知らせ • Nov 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the period ending March 2024, the company expects net sales of JPY 194,500 million, operating profit of JPY 11,400 million and profit attributable to owners of parent of JPY 7,200 million or JPY 144.40 basic per share.お知らせ • Feb 10+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.お知らせ • Nov 12Aoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.お知らせ • Aug 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and for the year ending March 31, 2023. For the six months, the company expects net sales of JPY 74,000 million, Operating loss of JPY 4,600 million, and loss attributable to owners of parent of JPY 5,500 million or basic loss per share of JPY 110.39. For the year, the company expects net sales of JPY 184,500 million, Operating profit of JPY 5,900 million and profit attributable to owners of parent of JPY 2,400 million or basic earnings per share of JPY 48.17.お知らせ • Feb 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expected net sales of JPY 173,000 million, operating profit of JPY 2,000 million, profit attributable to owners of parent of JPY 800 million and basic earnings per share of JPY 16.06.お知らせ • May 16Aoyama Trading Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year 2022Aoyama Trading Co., Ltd. provided earnings guidance for the first six months and full year 2022. For the first six months ending September 2021, the company expected net sales of JPY 74,800 million, operating loss of JPY 6,300 million, loss attributable to owners of parent of JPY 6,700 million and basic loss per share of JPY 134.61. For the full year ending March 2022, the company expected net sales of JPY 182,500 million, operating income of JPY 4,000 million, profit attributable to owners of parent of JPY 3,000 million and basic earnings per share of JPY 60.27.すべての更新を表示Recent updatesお知らせ • May 30Aoyama Trading Co., Ltd. to Report Q1, 2027 Results on Aug 10, 2026Aoyama Trading Co., Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Masaki Nogami was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • May 12Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2026Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2026.お知らせ • May 10Aoyama Trading Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Aoyama Trading Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026お知らせ • Dec 03Aoyama Trading Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026Aoyama Trading Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026お知らせ • Nov 11Aoyama Trading Co., Ltd. (TSE:8219) announces an Equity Buyback for 1,400,000 shares, representing 2.86% for ¥3,000 million.Aoyama Trading Co., Ltd. (TSE:8219) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 2.98% of the outstanding shares for ¥3,000 million. The purpose of the program is to expand shareholder returns and improve capital efficiency. The program will run until March 24, 2026. As of September 30, 2025, there are 48,932,536 outstanding shares (excluding treasury stock) and 1,461,480 treasury shares.お知らせ • Sep 02Aoyama Trading Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025Aoyama Trading Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025お知らせ • Jun 27Aoyama Trading Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Aoyama Trading Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025お知らせ • May 13Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2025Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2025.お知らせ • Mar 05Aoyama Trading Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Aoyama Trading Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025お知らせ • Dec 14Aoyama Trading Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025Aoyama Trading Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025Reported Earnings • Nov 17Second quarter 2025 earnings released: JP¥28.68 loss per share (vs JP¥15.38 loss in 2Q 2024)Second quarter 2025 results: JP¥28.68 loss per share (further deteriorated from JP¥15.38 loss in 2Q 2024). Revenue: JP¥39.1b (flat on 2Q 2024). Net loss: JP¥1.43b (loss widened 86% from 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 36%After last week's 36% share price gain to €10.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Specialty Retail industry in Germany. Total returns to shareholders of 119% over the past three years.お知らせ • Sep 27Aoyama Trading Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024Aoyama Trading Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥16.04 (vs JP¥24.68 in 1Q 2024)First quarter 2025 results: EPS: JP¥16.04 (down from JP¥24.68 in 1Q 2024). Revenue: JP¥45.0b (up 1.5% from 1Q 2024). Net income: JP¥800.0m (down 35% from 1Q 2024). Profit margin: 1.8% (down from 2.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €7.35, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Specialty Retail industry in Germany. Total returns to shareholders of 58% over the past three years.Buy Or Sell Opportunity • Aug 05Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €7.35. The fair value is estimated to be €10.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.9% per annum. Earnings are forecast to decline by 2.4% per annum over the same time period.お知らせ • Jun 26Aoyama Trading Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024Aoyama Trading Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024お知らせ • May 15Aoyama Trading Co., Ltd., Annual General Meeting, Jun 27, 2024Aoyama Trading Co., Ltd., Annual General Meeting, Jun 27, 2024.Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥202 (vs JP¥85.84 in FY 2023)Full year 2024 results: EPS: JP¥202 (up from JP¥85.84 in FY 2023). Revenue: JP¥193.7b (up 5.5% from FY 2023). Net income: JP¥10.1b (up 136% from FY 2023). Profit margin: 5.2% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 5.6% growth forecast for the Specialty Retail industry in Germany. 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 11% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 22Aoyama Trading Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Aoyama Trading Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (3.0%).Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥41.82 (vs JP¥25.40 in 3Q 2023)Third quarter 2024 results: EPS: JP¥41.82 (up from JP¥25.40 in 3Q 2023). Revenue: JP¥48.2b (up 4.0% from 3Q 2023). Net income: JP¥2.09b (up 65% from 3Q 2023). Profit margin: 4.3% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 01Aoyama Trading Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Aoyama Trading Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024Reported Earnings • Nov 13Second quarter 2024 earnings released: JP¥15.38 loss per share (vs JP¥49.63 loss in 2Q 2023)Second quarter 2024 results: JP¥15.38 loss per share (improved from JP¥49.63 loss in 2Q 2023). Revenue: JP¥38.7b (up 7.9% from 2Q 2023). Net loss: JP¥767.0m (loss narrowed 69% from 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.4% growth forecast for the Specialty Retail industry in Germany.お知らせ • Nov 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the period ending March 2024, the company expects net sales of JPY 194,500 million, operating profit of JPY 11,400 million and profit attributable to owners of parent of JPY 7,200 million or JPY 144.40 basic per share.お知らせ • Sep 28Aoyama Trading Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Aoyama Trading Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €10.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.4% per annum. Earnings is forecast to decline by 1.7% per annum over the same time period.New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. 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.Reported Earnings • Aug 13First quarter 2024 earnings released: EPS: JP¥24.68 (vs JP¥0.44 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.68 (up from JP¥0.44 in 1Q 2023). Revenue: JP¥44.3b (up 8.3% from 1Q 2023). Net income: JP¥1.23b (up JP¥1.21b from 1Q 2023). Profit margin: 2.8% (up from 0.1% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Specialty Retail industry in Germany.お知らせ • Aug 12+ 1 more updateAoyama Trading Co., Ltd. Provides Year End Dividend Guidance for the Year Ending March 31, 2024Aoyama Trading Co., Ltd. provided year end dividend guidance for the year ending March 31, 2024. The company expects to pay year end dividend of JPY 42.00 per share for the year ending March 31, 2024 compared to JPY 26.00 per share paid a year ago.お知らせ • Jun 26Aoyama Trading Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Aoyama Trading Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥85.84 (vs JP¥27.10 in FY 2022)Full year 2023 results: EPS: JP¥85.84 (up from JP¥27.10 in FY 2022). Revenue: JP¥183.5b (up 11% from FY 2022). Net income: JP¥4.28b (up 217% from FY 2022). Profit margin: 2.3% (up from 0.8% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.9% growth forecast for the Specialty Retail industry in Germany.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €7.25, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Total returns to shareholders of 33% over the past year.お知らせ • May 13+ 2 more updatesAoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 2023Aoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%).Buying Opportunity • Mar 11Now 20% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €8.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.02% per annum. Earnings is forecast to decline by 3.1% per annum over the same time period.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥25.40 (vs JP¥54.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥25.40 (down from JP¥54.90 in 3Q 2022). Revenue: JP¥46.4b (up 4.9% from 3Q 2022). Net income: JP¥1.27b (down 54% from 3Q 2022). Profit margin: 2.7% (down from 6.2% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Specialty Retail industry in Germany.お知らせ • Feb 10+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.Buying Opportunity • Feb 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €7.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.5% per annum. Earnings is forecast to decline by 11% per annum over the same time period.お知らせ • Dec 18Aoyama Trading Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Aoyama Trading Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥49.63 loss per share (vs JP¥97.56 loss in 2Q 2022)Second quarter 2023 results: JP¥49.63 loss per share (improved from JP¥97.56 loss in 2Q 2022). Revenue: JP¥35.9b (up 22% from 2Q 2022). Net loss: JP¥2.47b (loss narrowed 49% from 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Specialty Retail industry in Germany.Board Change • Nov 16Less 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. 6 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Toru Watanabe was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Nov 12Aoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.お知らせ • Sep 17Aoyama Trading Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Aoyama Trading Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥0.44 (vs JP¥54.75 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥0.44 (up from JP¥54.75 loss in 1Q 2022). Revenue: JP¥40.9b (up 8.4% from 1Q 2022). Net income: JP¥22.0m (up JP¥2.75b from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). Over the next year, revenue is forecast to grow 4.0%, compared to a 11% growth forecast for the industry in Germany.お知らせ • Aug 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and for the year ending March 31, 2023. For the six months, the company expects net sales of JPY 74,000 million, Operating loss of JPY 4,600 million, and loss attributable to owners of parent of JPY 5,500 million or basic loss per share of JPY 110.39. For the year, the company expects net sales of JPY 184,500 million, Operating profit of JPY 5,900 million and profit attributable to owners of parent of JPY 2,400 million or basic earnings per share of JPY 48.17.お知らせ • May 27+ 2 more updatesAoyama Trading Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided dividend guidance for the year ending March 31, 2023. For the year, the company expects dividend of ¥14.00 per share against ¥8.00 per share a year ago.Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥27.10 (vs JP¥781 loss in FY 2021)Full year 2022 results: EPS: JP¥27.10 (up from JP¥781 loss in FY 2021). Revenue: JP¥166.0b (up 2.8% from FY 2021). Net income: JP¥1.35b (up JP¥40.2b from FY 2021). Profit margin: 0.8% (up from net loss in FY 2021). Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the retail industry in Germany.お知らせ • May 14Aoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 2022Aoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 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. 4 non-independent directors. Independent Outside Director Toru Watanabe was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 08Aoyama Trading Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Aoyama Trading Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥54.90 (up from JP¥23.81 loss in 3Q 2021). Revenue: JP¥44.2b (down 1.1% from 3Q 2021). Net income: JP¥2.74b (up JP¥3.92b from 3Q 2021). Profit margin: 6.2% (up from net loss in 3Q 2021). Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is expected to shrink by 1.5% compared to a 17% growth forecast for the industry in Germany.お知らせ • Feb 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expected net sales of JPY 173,000 million, operating profit of JPY 2,000 million, profit attributable to owners of parent of JPY 800 million and basic earnings per share of JPY 16.06.Reported Earnings • Nov 14Second quarter 2022 earnings released: JP¥97.56 loss per share (vs JP¥155 loss in 2Q 2021)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥29.4b (down 8.8% from 2Q 2021). Net loss: JP¥4.86b (loss narrowed 37% from 2Q 2021).Reported Earnings • Aug 14First quarter 2022 earnings released: JP¥54.75 loss per share (vs JP¥185 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥37.8b (up 31% from 1Q 2021). Net loss: JP¥2.73b (loss narrowed 70% from 1Q 2021).Board Change • Jul 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. 4 non-independent directors. Independent Outside Director Toru Watanabe was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 18Full year 2021 earnings released: JP¥781 loss per share (vs JP¥338 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¥161.4b (down 26% from FY 2020). Net loss: JP¥38.9b (loss widened 130% from FY 2020).お知らせ • May 16Aoyama Trading Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year 2022Aoyama Trading Co., Ltd. provided earnings guidance for the first six months and full year 2022. For the first six months ending September 2021, the company expected net sales of JPY 74,800 million, operating loss of JPY 6,300 million, loss attributable to owners of parent of JPY 6,700 million and basic loss per share of JPY 134.61. For the full year ending March 2022, the company expected net sales of JPY 182,500 million, operating income of JPY 4,000 million, profit attributable to owners of parent of JPY 3,000 million and basic earnings per share of JPY 60.27.お知らせ • Mar 06Aoyama Trading Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Aoyama Trading Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 14Third quarter 2021 earnings released: JP¥23.81 loss per share (vs JP¥35.17 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥44.7b (down 18% from 3Q 2020). Net loss: JP¥1.19b (loss narrowed 33% from 3Q 2020).Analyst Estimate Surprise Post Earnings • Feb 14Revenue misses expectationsRevenue missed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 2.2%, compared to a 7.7% growth forecast for the Specialty Retail industry in Germany.お知らせ • Jan 28Aoyama Trading Co., Ltd.(TSE:8219) dropped from S&P Japan 500Aoyama Trading Co., Ltd.(TSE:8219) dropped from S&P Japan 500業績と収益の成長予測DB:9B7 - 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3/31/2029193,0007,900N/AN/A13/31/2028192,3007,700N/AN/A13/31/2027191,8007,600N/AN/A13/31/2026189,0116,9184,5359,995N/A12/31/2025190,4848,137N/AN/AN/A9/30/2025192,7199,17112,20517,445N/A6/30/2025193,2389,238N/AN/AN/A3/31/2025194,7909,3978,33813,784N/A12/31/2024194,8739,214N/AN/AN/A9/30/2024194,7188,9966,27910,789N/A6/30/2024194,3629,659N/AN/AN/A3/31/2024193,68710,0898,75912,960N/A12/31/2023191,5698,011N/AN/AN/A9/30/2023189,7157,19213,63916,849N/A6/30/2023186,8865,486N/AN/AN/A3/31/2023183,5064,27820,77323,077N/A12/31/2022177,8135,016N/AN/AN/A9/30/2022175,6346,48525,12927,613N/A6/30/2022169,1164,098N/AN/AN/A3/31/2022165,9611,35013,05016,526N/A12/31/2021166,967-25,615N/AN/AN/A9/30/2021167,470-29,5355934,718N/A6/30/2021170,293-32,400N/AN/AN/A3/31/2021161,404-38,887-10,144-6,135N/A12/31/2020167,214-26,796N/AN/AN/A9/30/2020176,879-27,369-18,821-13,007N/A6/30/2020190,755-21,963N/AN/AN/A3/31/2020217,696-16,900-14,311-8,155N/A12/31/2019238,117-2,944N/AN/AN/A9/30/2019246,990-623N/A8,255N/A6/30/2019247,614-130N/AN/AN/A3/31/2019250,3005,723N/A14,905N/A12/31/2018249,3846,836N/AN/AN/A9/30/2018251,6009,343N/A20,874N/A6/30/2018253,03110,253N/AN/AN/A3/31/2018254,84611,461N/A27,987N/A12/31/2017254,83011,419N/AN/AN/A9/30/2017255,07511,911N/A26,417N/A6/30/2017253,49412,090N/AN/AN/A3/31/2017252,77711,568N/A17,093N/A12/31/2016252,15811,828N/AN/AN/A9/30/2016247,51111,231N/A19,703N/A6/30/2016243,78711,471N/AN/AN/A3/31/2016240,22411,869N/A19,816N/A12/31/2015233,16712,544N/AN/AN/A9/30/2015230,92413,863N/A19,580N/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: 9B7の予測収益成長率 (年間4% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 9B7の収益 ( 4% ) German市場 ( 15.9% ) よりも低い成長が予測されています。高成長収益: 9B7の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 9B7の収益 ( 0.7% ) German市場 ( 6.6% ) よりも低い成長が予測されています。高い収益成長: 9B7の収益 ( 0.7% ) 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: 9B7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 ( 4.5 %)。成長企業の発掘7D1Y7D1Y7D1YRetail 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2026/07/22 20:39終値2026/07/22 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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Aoyama Trading Co., Ltd. 1 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Chiaki HirotaCitigroup IncJames MoonHaitong International Research LimitedChiaki HirotaJ.P. Morgan3 その他のアナリストを表示
お知らせ • Nov 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the period ending March 2024, the company expects net sales of JPY 194,500 million, operating profit of JPY 11,400 million and profit attributable to owners of parent of JPY 7,200 million or JPY 144.40 basic per share.
お知らせ • Feb 10+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.
お知らせ • Nov 12Aoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.
お知らせ • Aug 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and for the year ending March 31, 2023. For the six months, the company expects net sales of JPY 74,000 million, Operating loss of JPY 4,600 million, and loss attributable to owners of parent of JPY 5,500 million or basic loss per share of JPY 110.39. For the year, the company expects net sales of JPY 184,500 million, Operating profit of JPY 5,900 million and profit attributable to owners of parent of JPY 2,400 million or basic earnings per share of JPY 48.17.
お知らせ • Feb 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expected net sales of JPY 173,000 million, operating profit of JPY 2,000 million, profit attributable to owners of parent of JPY 800 million and basic earnings per share of JPY 16.06.
お知らせ • May 16Aoyama Trading Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year 2022Aoyama Trading Co., Ltd. provided earnings guidance for the first six months and full year 2022. For the first six months ending September 2021, the company expected net sales of JPY 74,800 million, operating loss of JPY 6,300 million, loss attributable to owners of parent of JPY 6,700 million and basic loss per share of JPY 134.61. For the full year ending March 2022, the company expected net sales of JPY 182,500 million, operating income of JPY 4,000 million, profit attributable to owners of parent of JPY 3,000 million and basic earnings per share of JPY 60.27.
お知らせ • May 30Aoyama Trading Co., Ltd. to Report Q1, 2027 Results on Aug 10, 2026Aoyama Trading Co., Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026
Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Masaki Nogami was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • May 12Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2026Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2026.
お知らせ • May 10Aoyama Trading Co., Ltd. to Report Fiscal Year 2026 Results on May 12, 2026Aoyama Trading Co., Ltd. announced that they will report fiscal year 2026 results on May 12, 2026
お知らせ • Dec 03Aoyama Trading Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026Aoyama Trading Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026
お知らせ • Nov 11Aoyama Trading Co., Ltd. (TSE:8219) announces an Equity Buyback for 1,400,000 shares, representing 2.86% for ¥3,000 million.Aoyama Trading Co., Ltd. (TSE:8219) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 2.98% of the outstanding shares for ¥3,000 million. The purpose of the program is to expand shareholder returns and improve capital efficiency. The program will run until March 24, 2026. As of September 30, 2025, there are 48,932,536 outstanding shares (excluding treasury stock) and 1,461,480 treasury shares.
お知らせ • Sep 02Aoyama Trading Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025Aoyama Trading Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025
お知らせ • Jun 27Aoyama Trading Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025Aoyama Trading Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025
お知らせ • May 13Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2025Aoyama Trading Co., Ltd., Annual General Meeting, Jun 26, 2025.
お知らせ • Mar 05Aoyama Trading Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Aoyama Trading Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
お知らせ • Dec 14Aoyama Trading Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025Aoyama Trading Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025
Reported Earnings • Nov 17Second quarter 2025 earnings released: JP¥28.68 loss per share (vs JP¥15.38 loss in 2Q 2024)Second quarter 2025 results: JP¥28.68 loss per share (further deteriorated from JP¥15.38 loss in 2Q 2024). Revenue: JP¥39.1b (flat on 2Q 2024). Net loss: JP¥1.43b (loss widened 86% from 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 36%After last week's 36% share price gain to €10.90, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 6x in the Specialty Retail industry in Germany. Total returns to shareholders of 119% over the past three years.
お知らせ • Sep 27Aoyama Trading Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024Aoyama Trading Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024
Reported Earnings • Aug 14First quarter 2025 earnings released: EPS: JP¥16.04 (vs JP¥24.68 in 1Q 2024)First quarter 2025 results: EPS: JP¥16.04 (down from JP¥24.68 in 1Q 2024). Revenue: JP¥45.0b (up 1.5% from 1Q 2024). Net income: JP¥800.0m (down 35% from 1Q 2024). Profit margin: 1.8% (down from 2.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €7.35, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 6x in the Specialty Retail industry in Germany. Total returns to shareholders of 58% over the past three years.
Buy Or Sell Opportunity • Aug 05Now 28% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €7.35. The fair value is estimated to be €10.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.9% per annum. Earnings are forecast to decline by 2.4% per annum over the same time period.
お知らせ • Jun 26Aoyama Trading Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024Aoyama Trading Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024
お知らせ • May 15Aoyama Trading Co., Ltd., Annual General Meeting, Jun 27, 2024Aoyama Trading Co., Ltd., Annual General Meeting, Jun 27, 2024.
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥202 (vs JP¥85.84 in FY 2023)Full year 2024 results: EPS: JP¥202 (up from JP¥85.84 in FY 2023). Revenue: JP¥193.7b (up 5.5% from FY 2023). Net income: JP¥10.1b (up 136% from FY 2023). Profit margin: 5.2% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 5.6% growth forecast for the Specialty Retail industry in Germany. 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 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 22Aoyama Trading Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024Aoyama Trading Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (3.0%).
Reported Earnings • Feb 11Third quarter 2024 earnings released: EPS: JP¥41.82 (vs JP¥25.40 in 3Q 2023)Third quarter 2024 results: EPS: JP¥41.82 (up from JP¥25.40 in 3Q 2023). Revenue: JP¥48.2b (up 4.0% from 3Q 2023). Net income: JP¥2.09b (up 65% from 3Q 2023). Profit margin: 4.3% (up from 2.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 01Aoyama Trading Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024Aoyama Trading Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024
Reported Earnings • Nov 13Second quarter 2024 earnings released: JP¥15.38 loss per share (vs JP¥49.63 loss in 2Q 2023)Second quarter 2024 results: JP¥15.38 loss per share (improved from JP¥49.63 loss in 2Q 2023). Revenue: JP¥38.7b (up 7.9% from 2Q 2023). Net loss: JP¥767.0m (loss narrowed 69% from 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.4% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Nov 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the period ending March 2024, the company expects net sales of JPY 194,500 million, operating profit of JPY 11,400 million and profit attributable to owners of parent of JPY 7,200 million or JPY 144.40 basic per share.
お知らせ • Sep 28Aoyama Trading Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023Aoyama Trading Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023
Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €10.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.4% per annum. Earnings is forecast to decline by 1.7% per annum over the same time period.
New Risk • Aug 13New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.7% per year for the foreseeable future. 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.
Reported Earnings • Aug 13First quarter 2024 earnings released: EPS: JP¥24.68 (vs JP¥0.44 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.68 (up from JP¥0.44 in 1Q 2023). Revenue: JP¥44.3b (up 8.3% from 1Q 2023). Net income: JP¥1.23b (up JP¥1.21b from 1Q 2023). Profit margin: 2.8% (up from 0.1% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Aug 12+ 1 more updateAoyama Trading Co., Ltd. Provides Year End Dividend Guidance for the Year Ending March 31, 2024Aoyama Trading Co., Ltd. provided year end dividend guidance for the year ending March 31, 2024. The company expects to pay year end dividend of JPY 42.00 per share for the year ending March 31, 2024 compared to JPY 26.00 per share paid a year ago.
お知らせ • Jun 26Aoyama Trading Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Aoyama Trading Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥85.84 (vs JP¥27.10 in FY 2022)Full year 2023 results: EPS: JP¥85.84 (up from JP¥27.10 in FY 2022). Revenue: JP¥183.5b (up 11% from FY 2022). Net income: JP¥4.28b (up 217% from FY 2022). Profit margin: 2.3% (up from 0.8% in FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.9% growth forecast for the Specialty Retail industry in Germany.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €7.25, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Total returns to shareholders of 33% over the past year.
お知らせ • May 13+ 2 more updatesAoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 2023Aoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥21.00 per share at 2.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%).
Buying Opportunity • Mar 11Now 20% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €8.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.02% per annum. Earnings is forecast to decline by 3.1% per annum over the same time period.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥25.40 (vs JP¥54.90 in 3Q 2022)Third quarter 2023 results: EPS: JP¥25.40 (down from JP¥54.90 in 3Q 2022). Revenue: JP¥46.4b (up 4.9% from 3Q 2022). Net income: JP¥1.27b (down 54% from 3Q 2022). Profit margin: 2.7% (down from 6.2% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Feb 10+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.
Buying Opportunity • Feb 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €7.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.5% per annum. Earnings is forecast to decline by 11% per annum over the same time period.
お知らせ • Dec 18Aoyama Trading Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023Aoyama Trading Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥49.63 loss per share (vs JP¥97.56 loss in 2Q 2022)Second quarter 2023 results: JP¥49.63 loss per share (improved from JP¥97.56 loss in 2Q 2022). Revenue: JP¥35.9b (up 22% from 2Q 2022). Net loss: JP¥2.47b (loss narrowed 49% from 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.0% growth forecast for the Specialty Retail industry in Germany.
Board Change • Nov 16Less 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. 6 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Outside Director Toru Watanabe was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Nov 12Aoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 188,300 million, operating profit of JPY 7,300 million and profit attributable to owners of parent of JPY 3,600 million or JPY 72.23 per basic share.
お知らせ • Sep 17Aoyama Trading Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022Aoyama Trading Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥0.44 (vs JP¥54.75 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥0.44 (up from JP¥54.75 loss in 1Q 2022). Revenue: JP¥40.9b (up 8.4% from 1Q 2022). Net income: JP¥22.0m (up JP¥2.75b from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). Over the next year, revenue is forecast to grow 4.0%, compared to a 11% growth forecast for the industry in Germany.
お知らせ • Aug 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and for the year ending March 31, 2023. For the six months, the company expects net sales of JPY 74,000 million, Operating loss of JPY 4,600 million, and loss attributable to owners of parent of JPY 5,500 million or basic loss per share of JPY 110.39. For the year, the company expects net sales of JPY 184,500 million, Operating profit of JPY 5,900 million and profit attributable to owners of parent of JPY 2,400 million or basic earnings per share of JPY 48.17.
お知らせ • May 27+ 2 more updatesAoyama Trading Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2023Aoyama Trading Co., Ltd. provided dividend guidance for the year ending March 31, 2023. For the year, the company expects dividend of ¥14.00 per share against ¥8.00 per share a year ago.
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥27.10 (vs JP¥781 loss in FY 2021)Full year 2022 results: EPS: JP¥27.10 (up from JP¥781 loss in FY 2021). Revenue: JP¥166.0b (up 2.8% from FY 2021). Net income: JP¥1.35b (up JP¥40.2b from FY 2021). Profit margin: 0.8% (up from net loss in FY 2021). Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the retail industry in Germany.
お知らせ • May 14Aoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 2022Aoyama Trading Co., Ltd., Annual General Meeting, Jun 29, 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. 4 non-independent directors. Independent Outside Director Toru Watanabe was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 08Aoyama Trading Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Aoyama Trading Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥54.90 (up from JP¥23.81 loss in 3Q 2021). Revenue: JP¥44.2b (down 1.1% from 3Q 2021). Net income: JP¥2.74b (up JP¥3.92b from 3Q 2021). Profit margin: 6.2% (up from net loss in 3Q 2021). Revenue exceeded analyst estimates by 2.2%. Over the next year, revenue is expected to shrink by 1.5% compared to a 17% growth forecast for the industry in Germany.
お知らせ • Feb 11+ 1 more updateAoyama Trading Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022Aoyama Trading Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expected net sales of JPY 173,000 million, operating profit of JPY 2,000 million, profit attributable to owners of parent of JPY 800 million and basic earnings per share of JPY 16.06.
Reported Earnings • Nov 14Second quarter 2022 earnings released: JP¥97.56 loss per share (vs JP¥155 loss in 2Q 2021)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥29.4b (down 8.8% from 2Q 2021). Net loss: JP¥4.86b (loss narrowed 37% from 2Q 2021).
Reported Earnings • Aug 14First quarter 2022 earnings released: JP¥54.75 loss per share (vs JP¥185 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥37.8b (up 31% from 1Q 2021). Net loss: JP¥2.73b (loss narrowed 70% from 1Q 2021).
Board Change • Jul 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. 4 non-independent directors. Independent Outside Director Toru Watanabe was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 18Full year 2021 earnings released: JP¥781 loss per share (vs JP¥338 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¥161.4b (down 26% from FY 2020). Net loss: JP¥38.9b (loss widened 130% from FY 2020).
お知らせ • May 16Aoyama Trading Co., Ltd. Provides Earnings Guidance for the First Six Months and Full Year 2022Aoyama Trading Co., Ltd. provided earnings guidance for the first six months and full year 2022. For the first six months ending September 2021, the company expected net sales of JPY 74,800 million, operating loss of JPY 6,300 million, loss attributable to owners of parent of JPY 6,700 million and basic loss per share of JPY 134.61. For the full year ending March 2022, the company expected net sales of JPY 182,500 million, operating income of JPY 4,000 million, profit attributable to owners of parent of JPY 3,000 million and basic earnings per share of JPY 60.27.
お知らせ • Mar 06Aoyama Trading Co., Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Aoyama Trading Co., Ltd. announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 14Third quarter 2021 earnings released: JP¥23.81 loss per share (vs JP¥35.17 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥44.7b (down 18% from 3Q 2020). Net loss: JP¥1.19b (loss narrowed 33% from 3Q 2020).
Analyst Estimate Surprise Post Earnings • Feb 14Revenue misses expectationsRevenue missed analyst estimates by 8.1%. Over the next year, revenue is forecast to grow 2.2%, compared to a 7.7% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Jan 28Aoyama Trading Co., Ltd.(TSE:8219) dropped from S&P Japan 500Aoyama Trading Co., Ltd.(TSE:8219) dropped from S&P Japan 500