This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsDescente（8114）株式概要デサント株式会社は、子会社とともに、日本および海外で関連製品の製造・販売を行っています。 詳細8114 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長2/6過去の実績4/6財務の健全性6/6配当金0/6報酬収益は年間14.84%増加すると予測されています 過去1年間で収益は13.4%増加しました リスク分析リスクチェックの結果、8114 、リスクは検出されなかった。すべてのリスクチェックを見る8114 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥4.34k14.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6b150b2016201920222025202620282031Revenue JP¥150.0bEarnings JP¥14.5bAdvancedSet Fair ValueView all narrativesDescente Ltd. 競合他社GoldwinSymbol: TSE:8111Market cap: JP¥295.0bWacoal HoldingsSymbol: TSE:3591Market cap: JP¥221.0bSeiko GroupSymbol: TSE:8050Market cap: JP¥514.2bOnward HoldingsSymbol: TSE:8016Market cap: JP¥102.6b価格と性能株価の高値、安値、推移の概要Descente過去の株価現在の株価JP¥4,335.0052週高値JP¥4,445.0052週安値JP¥3,015.00ベータ0.331ヶ月の変化0.35%3ヶ月変化0%1年変化20.75%3年間の変化21.94%5年間の変化143.68%IPOからの変化551.88%最新ニュースお知らせ • Jan 24Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)お知らせ • Dec 27Descente Ltd. to Delist from Prime Section of the Tokyo Stock Exchange, Effective January 24, 2025Descente Ltd. will be delisted from Prime Section of the Tokyo Stock Exchange effective from January 24, 2025, due to Reverse stock split.Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥46.31 (vs JP¥32.85 in 2Q 2024)Second quarter 2025 results: EPS: JP¥46.31 (up from JP¥32.85 in 2Q 2024). Revenue: JP¥35.3b (up 7.7% from 2Q 2024). Net income: JP¥3.50b (up 41% from 2Q 2024). Profit margin: 9.9% (up from 7.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Oct 31BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd. BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders on October 29, 2024.お知らせ • Sep 27Descente Ltd. to Report Q2, 2025 Results on Nov 08, 2024Descente Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥36.26 (vs JP¥42.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.26 (down from JP¥42.26 in 1Q 2024). Revenue: JP¥27.5b (up 1.2% from 1Q 2024). Net income: JP¥2.74b (down 14% from 1Q 2024). Profit margin: 10.0% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.最新情報をもっと見るRecent updatesお知らせ • Jan 24Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)お知らせ • Dec 27Descente Ltd. to Delist from Prime Section of the Tokyo Stock Exchange, Effective January 24, 2025Descente Ltd. will be delisted from Prime Section of the Tokyo Stock Exchange effective from January 24, 2025, due to Reverse stock split.Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥46.31 (vs JP¥32.85 in 2Q 2024)Second quarter 2025 results: EPS: JP¥46.31 (up from JP¥32.85 in 2Q 2024). Revenue: JP¥35.3b (up 7.7% from 2Q 2024). Net income: JP¥3.50b (up 41% from 2Q 2024). Profit margin: 9.9% (up from 7.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Oct 31BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd. BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders on October 29, 2024.お知らせ • Sep 27Descente Ltd. to Report Q2, 2025 Results on Nov 08, 2024Descente Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥36.26 (vs JP¥42.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.26 (down from JP¥42.26 in 1Q 2024). Revenue: JP¥27.5b (up 1.2% from 1Q 2024). Net income: JP¥2.74b (down 14% from 1Q 2024). Profit margin: 10.0% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 06BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥3,365, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 9.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,423 per share.分析記事 • Aug 03There Are Reasons To Feel Uneasy About Descente's (TSE:8114) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Jun 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥159 (up from JP¥140 in FY 2023). Revenue: JP¥127.0b (up 5.3% from FY 2023). Net income: JP¥12.0b (up 14% from FY 2023). Profit margin: 9.5% (in line with FY 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.0%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 13Descente Ltd. to Report Q1, 2025 Results on Aug 09, 2024Descente Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024分析記事 • May 22Descente (TSE:8114) Seems To Use Debt Rather SparinglyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buy Or Sell Opportunity • May 17Now 22% undervaluedOver the last 90 days, the stock has risen 6.8% to JP¥3,445. The fair value is estimated to be JP¥4,408, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥159 (up from JP¥140 in FY 2023). Revenue: JP¥127.0b (up 5.3% from FY 2023). Net income: JP¥12.0b (up 14% from FY 2023). Profit margin: 9.5% (in line with FY 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.0%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.お知らせ • May 15Descente Ltd., Annual General Meeting, Jun 13, 2024Descente Ltd., Annual General Meeting, Jun 13, 2024.分析記事 • Apr 30Descente Ltd.'s (TSE:8114) Share Price Matching Investor OpinionWith a price-to-earnings (or "P/E") ratio of 30.9x Descente Ltd. ( TSE:8114 ) may be sending very bearish signals at...Upcoming Dividend • Mar 21Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.7%).Buy Or Sell Opportunity • Mar 21Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to JP¥3,485. The fair value is estimated to be JP¥4,423, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.お知らせ • Mar 02Descente Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Descente Ltd. announced that they will report fiscal year 2024 results on May 13, 2024Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥35.37 (vs JP¥66.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.37 (down from JP¥66.75 in 3Q 2023). Revenue: JP¥30.1b (up 4.2% from 3Q 2023). Net income: JP¥2.67b (down 47% from 3Q 2023). Profit margin: 8.9% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Dec 05Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥5,094, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.お知らせ • Nov 17Descente Ltd. to Report Q3, 2024 Results on Feb 05, 2024Descente Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥32.85 (vs JP¥36.81 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.85 (down from JP¥36.81 in 2Q 2023). Revenue: JP¥32.8b (up 6.6% from 2Q 2023). Net income: JP¥2.48b (down 11% from 2Q 2023). Profit margin: 7.6% (down from 9.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Price Target Changed • Sep 21Price target increased by 8.3% to JP¥5,633Up from JP¥5,200, the current price target is an average from 3 analysts. New target price is 45% above last closing price of JP¥3,885. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥172 for next year compared to JP¥140 last year.お知らせ • Aug 27Descente Ltd. to Report Q2, 2024 Results on Nov 07, 2023Descente Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥42.26 (vs JP¥31.17 in 1Q 2023)First quarter 2024 results: EPS: JP¥42.26 (up from JP¥31.17 in 1Q 2023). Revenue: JP¥27.2b (up 2.8% from 1Q 2023). Net income: JP¥3.19b (up 36% from 1Q 2023). Profit margin: 12% (up from 8.9% in 1Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28Descente Ltd. to Report Q1, 2024 Results on Aug 10, 2023Descente Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023Reported Earnings • Jun 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥140 (up from JP¥82.53 in FY 2022). Revenue: JP¥120.6b (up 11% from FY 2022). Net income: JP¥10.6b (up 69% from FY 2022). Profit margin: 8.7% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥140 (up from JP¥82.53 in FY 2022). Revenue: JP¥120.6b (up 11% from FY 2022). Net income: JP¥10.6b (up 69% from FY 2022). Profit margin: 8.7% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.お知らせ • May 17Descente Ltd., Annual General Meeting, Jun 15, 2023Descente Ltd., Annual General Meeting, Jun 15, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 19 June 2023. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.9%).Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥66.75 (vs JP¥32.66 in 3Q 2022)Third quarter 2023 results: EPS: JP¥66.75 (up from JP¥32.66 in 3Q 2022). Revenue: JP¥28.9b (up 8.0% from 3Q 2022). Net income: JP¥5.04b (up 105% from 3Q 2022). Profit margin: 17% (up from 9.2% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 21Descente Ltd. to Report Q3, 2023 Results on Feb 06, 2023Descente Ltd. announced that they will report Q3, 2023 results on Feb 06, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥36.81 (vs JP¥17.94 in 2Q 2022)Second quarter 2023 results: EPS: JP¥36.81 (up from JP¥17.94 in 2Q 2022). Revenue: JP¥30.8b (up 12% from 2Q 2022). Net income: JP¥2.78b (up 105% from 2Q 2022). Profit margin: 9.0% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.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. 8 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Senior Managing Executive Officer & Director Hoon-Do Kim was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥36.81 (vs JP¥17.94 in 2Q 2022)Second quarter 2023 results: EPS: JP¥36.81 (up from JP¥17.94 in 2Q 2022). Revenue: JP¥30.8b (up 12% from 2Q 2022). Net income: JP¥2.78b (up 105% from 2Q 2022). Profit margin: 9.0% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 01Descente Ltd. to Report Q2, 2023 Results on Nov 07, 2022Descente Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022お知らせ • Aug 10Descente Ltd. (TSE:8114) agreed to acquire additional 10% stake in le coq sportif(Ningbo)co., ltd. from Zhejiang Trade Zone Sheng Rong Clothing Co., Ltd. for CNY 182 million.Descente Ltd. (TSE:8114) agreed to acquire additional 10% stake in le coq sportif(Ningbo)co., ltd. from Zhejiang Trade Zone Sheng Rong Clothing Co., Ltd. for CNY 182 million on August 8, 2022. For the year ended December 2021, the Total Assets were CNY 374 million, Net Worth was CNy 187 million, Sales were CNY 466 million, Operating Income was CNY 16 million and Net Income was CNY 12 million. Transaction is expected to close on October 1, 2022.Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: JP¥31.17 (vs JP¥15.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥31.17 (up from JP¥15.02 in 1Q 2022). Revenue: JP¥26.4b (up 18% from 1Q 2022). Net income: JP¥2.35b (up 108% from 1Q 2022). Profit margin: 8.9% (up from 5.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 29Descente Ltd. (TSE:8114) completed the acquisition of 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng (Shanghai) Apparel and Accessory Trading Co., Ltd.Descente Ltd. (TSE:8114) entered into an agreement to acquire a 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng (Shanghai) Apparel and Accessory Trading Co., Ltd. for CNY 22.1 million on January 7, 2022. Net asset value of Arena Shanghai as of September 30, 2021 was approximately CNY 39.44 million. The deal is expected to complete on April 1, 2022. As on April 28, 2022, Transaction Long stop date as been extended to June 30, 2022. Descente Ltd. (TSE:8114) completed the acquisition of 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng (Shanghai) Apparel and Accessory Trading Co., Ltd. on June 27, 2022.Reported Earnings • Jun 20Full year 2022 earnings released: EPS: JP¥82.53 (vs JP¥66.79 in FY 2021)Full year 2022 results: EPS: JP¥82.53 (up from JP¥66.79 in FY 2021). Revenue: JP¥108.9b (up 12% from FY 2021). Net income: JP¥6.23b (up 24% from FY 2021). Profit margin: 5.7% (up from 5.2% in FY 2021). Over the next year, revenue is forecast to grow 6.0%, compared to a 9.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 15Descente Ltd. to Report Q1, 2023 Results on Aug 08, 2022Descente Ltd. announced that they will report Q1, 2023 results on Aug 08, 2022Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥2,770, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 18x in the Luxury industry in Japan. Total returns to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,774, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 17x in the Luxury industry in Japan. Total returns to shareholders of 50% over the past three years.Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥82.53 (vs JP¥66.79 in FY 2021)Full year 2022 results: EPS: JP¥82.53 (up from JP¥66.79 in FY 2021). Revenue: JP¥108.9b (up 12% from FY 2021). Net income: JP¥6.23b (up 24% from FY 2021). Profit margin: 5.7% (up from 5.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • May 14Descente Ltd., Annual General Meeting, Jun 16, 2022Descente Ltd., Annual General Meeting, Jun 16, 2022.Board Change • Apr 27Less 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. 9 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Senior Managing Executive Officer & Director Hoon-Do Kim was the last director to join the board, commencing their role in 2014. 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 • Apr 08Descente Ltd. to Report Fiscal Year 2022 Results on May 12, 2022Descente Ltd. announced that they will report fiscal year 2022 results on May 12, 2022Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,981, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 13x in the Luxury industry in Japan. Total returns to shareholders of 5.5% over the past three years.Reported Earnings • Feb 08Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥32.66 (down from JP¥80.75 in 3Q 2021). Revenue: JP¥26.8b (up 13% from 3Q 2021). Net income: JP¥2.47b (down 60% from 3Q 2021). Profit margin: 9.2% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 09Descente Ltd. (TSE:8114) entered into an agreement to acquire a 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng Apparel and Accessory Trading Co., for CNY 22.1 million.Descente Ltd. (TSE:8114) entered into an agreement to acquire a 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng Apparel and Accessory Trading Co., for CNY 22.1 million on January 7, 2022. Net asset value of Arena Shanghai as of September 30, 2021 was approximately CNY 39.44 million.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥17.94 (vs JP¥9.98 in 2Q 2021)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥27.4b (flat on 2Q 2021). Net income: JP¥1.35b (up 80% from 2Q 2021). Profit margin: 4.9% (up from 2.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,730, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 15x in the Luxury industry in Japan. Total returns to shareholders of 83% over the past three years.Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥15.02 (vs JP¥26.75 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¥22.5b (up 45% from 1Q 2021). Net income: JP¥1.13b (up JP¥3.15b from 1Q 2021). Profit margin: 5.0% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Reported Earnings • Jun 21Full year 2021 earnings released: EPS JP¥66.79 (vs JP¥32.89 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¥96.9b (down 22% from FY 2020). Net income: JP¥5.04b (up JP¥7.52b from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,251, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 19x in the Luxury industry in Japan. Total returns to shareholders of 7.8% over the past three years.Reported Earnings • May 19Full year 2021 earnings released: EPS JP¥66.79 (vs JP¥32.89 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¥96.9b (down 22% from FY 2020). Net income: JP¥5.04b (up JP¥7.52b from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Mar 04Descente Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Descente Ltd. announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥80.75 (vs JP¥5.83 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥23.7b (down 12% from 3Q 2020). Net income: JP¥6.09b (up JP¥6.53b from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 82% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 08New 90-day high: JP¥1,935The company is up 17% from its price of JP¥1,648 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period.Is New 90 Day High Low • Dec 21New 90-day high: JP¥1,922The company is up 6.0% from its price of JP¥1,811 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 3.0% over the same period.お知らせ • Nov 29Descente Ltd. to Report Q3, 2021 Results on Feb 05, 2021Descente Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021お知らせ • Nov 25Descente to Be Deleted from Other OTCDescente Ltd.’s SHS (Japan) will be deleted from other OTC effective November 24, 2020. The deletion is due to Inactive Security.お知らせ • Oct 10Descente Ltd. to Report Q2, 2021 Results on Nov 06, 2020Descente Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020お知らせ • Jun 28Descente Ltd. to Report Q1, 2021 Results on Aug 05, 2020Descente Ltd. announced that they will report Q1, 2021 results on Aug 05, 2020株主還元8114JP LuxuryJP 市場7D0%0.1%1.2%1Y20.8%33.5%42.1%株主還元を見る業界別リターン: 8114過去 1 年間で33.5 % の収益を上げたJP Luxury業界を下回りました。リターン対市場: 8114過去 1 年間で42.1 % の収益を上げたJP市場を上回りました。価格変動Is 8114's price volatile compared to industry and market?8114 volatility8114 Average Weekly Movement0.3%Luxury Industry Average Movement4.4%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%安定した株価: 8114 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 8114の 週次ボラティリティ ( 0% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19352,659Shuichi Kosekiwww.descente.co.jpデサント株式会社は、子会社とともに、日本国内および海外で関連商品の製造・販売を行っている。デサント、ルコックスポルティフ、アリーナ、マンシングウェア、アンブロ、イノブエイト、ランバンスポーツ、スリクソンのブランド名で、アウトドア、スイミング、ウィンタースポーツ、ゴルフ、サッカー・フットサル、サイクリング、テニス、バレーボール、野球、ランニング・ウォーキング、トレーニング・フィットネスウェアなどの商品を提供している。同社は1935年に設立され、東京に本社を置いている。2024年10月29日現在、株式会社デサントはBSインベストメント株式会社の子会社として運営されている。もっと見るDescente Ltd. 基礎のまとめDescente の収益と売上を時価総額と比較するとどうか。8114 基礎統計学時価総額JP¥327.58b収益（TTM）JP¥12.58b売上高(TTM)JP¥129.82b26.0xPER（株価収益率2.5xP/Sレシオ8114 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計8114 損益計算書（TTM）収益JP¥129.82b売上原価JP¥51.78b売上総利益JP¥78.04bその他の費用JP¥65.46b収益JP¥12.58b直近の収益報告Sep 30, 2024次回決算日該当なし一株当たり利益（EPS）166.48グロス・マージン60.11%純利益率9.69%有利子負債／自己資本比率2.7%8114 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation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2025/01/27 18:42終値2025/01/23 00:00収益2024/09/30年間収益2024/03/31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Descente 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。2 アナリスト機関Arashi NishizawaBofA Global ResearchYasuhiro NaritaNomura Securities Co. Ltd.
お知らせ • Jan 24Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)
お知らせ • Dec 27Descente Ltd. to Delist from Prime Section of the Tokyo Stock Exchange, Effective January 24, 2025Descente Ltd. will be delisted from Prime Section of the Tokyo Stock Exchange effective from January 24, 2025, due to Reverse stock split.
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥46.31 (vs JP¥32.85 in 2Q 2024)Second quarter 2025 results: EPS: JP¥46.31 (up from JP¥32.85 in 2Q 2024). Revenue: JP¥35.3b (up 7.7% from 2Q 2024). Net income: JP¥3.50b (up 41% from 2Q 2024). Profit margin: 9.9% (up from 7.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Oct 31BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd. BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders on October 29, 2024.
お知らせ • Sep 27Descente Ltd. to Report Q2, 2025 Results on Nov 08, 2024Descente Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥36.26 (vs JP¥42.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.26 (down from JP¥42.26 in 1Q 2024). Revenue: JP¥27.5b (up 1.2% from 1Q 2024). Net income: JP¥2.74b (down 14% from 1Q 2024). Profit margin: 10.0% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 24Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)Descente Ltd.(TSE:8114) dropped from FTSE All-World Index (USD)
お知らせ • Dec 27Descente Ltd. to Delist from Prime Section of the Tokyo Stock Exchange, Effective January 24, 2025Descente Ltd. will be delisted from Prime Section of the Tokyo Stock Exchange effective from January 24, 2025, due to Reverse stock split.
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: JP¥46.31 (vs JP¥32.85 in 2Q 2024)Second quarter 2025 results: EPS: JP¥46.31 (up from JP¥32.85 in 2Q 2024). Revenue: JP¥35.3b (up 7.7% from 2Q 2024). Net income: JP¥3.50b (up 41% from 2Q 2024). Profit margin: 9.9% (up from 7.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Oct 31BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd. BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders on October 29, 2024.
お知らせ • Sep 27Descente Ltd. to Report Q2, 2025 Results on Nov 08, 2024Descente Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥36.26 (vs JP¥42.26 in 1Q 2024)First quarter 2025 results: EPS: JP¥36.26 (down from JP¥42.26 in 1Q 2024). Revenue: JP¥27.5b (up 1.2% from 1Q 2024). Net income: JP¥2.74b (down 14% from 1Q 2024). Profit margin: 10.0% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 06BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥3,365, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 9.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,423 per share.
分析記事 • Aug 03There Are Reasons To Feel Uneasy About Descente's (TSE:8114) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Jun 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥159 (up from JP¥140 in FY 2023). Revenue: JP¥127.0b (up 5.3% from FY 2023). Net income: JP¥12.0b (up 14% from FY 2023). Profit margin: 9.5% (in line with FY 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.0%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 13Descente Ltd. to Report Q1, 2025 Results on Aug 09, 2024Descente Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024
分析記事 • May 22Descente (TSE:8114) Seems To Use Debt Rather SparinglyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buy Or Sell Opportunity • May 17Now 22% undervaluedOver the last 90 days, the stock has risen 6.8% to JP¥3,445. The fair value is estimated to be JP¥4,408, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Reported Earnings • May 16Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: JP¥159 (up from JP¥140 in FY 2023). Revenue: JP¥127.0b (up 5.3% from FY 2023). Net income: JP¥12.0b (up 14% from FY 2023). Profit margin: 9.5% (in line with FY 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.0%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.
お知らせ • May 15Descente Ltd., Annual General Meeting, Jun 13, 2024Descente Ltd., Annual General Meeting, Jun 13, 2024.
分析記事 • Apr 30Descente Ltd.'s (TSE:8114) Share Price Matching Investor OpinionWith a price-to-earnings (or "P/E") ratio of 30.9x Descente Ltd. ( TSE:8114 ) may be sending very bearish signals at...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥44.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.7%).
Buy Or Sell Opportunity • Mar 21Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to JP¥3,485. The fair value is estimated to be JP¥4,423, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 17% per annum over the same time period.
お知らせ • Mar 02Descente Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Descente Ltd. announced that they will report fiscal year 2024 results on May 13, 2024
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥35.37 (vs JP¥66.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥35.37 (down from JP¥66.75 in 3Q 2023). Revenue: JP¥30.1b (up 4.2% from 3Q 2023). Net income: JP¥2.67b (down 47% from 3Q 2023). Profit margin: 8.9% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Dec 05Now 21% undervaluedOver the last 90 days, the stock is up 10%. The fair value is estimated to be JP¥5,094, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.
お知らせ • Nov 17Descente Ltd. to Report Q3, 2024 Results on Feb 05, 2024Descente Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥32.85 (vs JP¥36.81 in 2Q 2023)Second quarter 2024 results: EPS: JP¥32.85 (down from JP¥36.81 in 2Q 2023). Revenue: JP¥32.8b (up 6.6% from 2Q 2023). Net income: JP¥2.48b (down 11% from 2Q 2023). Profit margin: 7.6% (down from 9.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Sep 21Price target increased by 8.3% to JP¥5,633Up from JP¥5,200, the current price target is an average from 3 analysts. New target price is 45% above last closing price of JP¥3,885. Stock is up 11% over the past year. The company is forecast to post earnings per share of JP¥172 for next year compared to JP¥140 last year.
お知らせ • Aug 27Descente Ltd. to Report Q2, 2024 Results on Nov 07, 2023Descente Ltd. announced that they will report Q2, 2024 results on Nov 07, 2023
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: JP¥42.26 (vs JP¥31.17 in 1Q 2023)First quarter 2024 results: EPS: JP¥42.26 (up from JP¥31.17 in 1Q 2023). Revenue: JP¥27.2b (up 2.8% from 1Q 2023). Net income: JP¥3.19b (up 36% from 1Q 2023). Profit margin: 12% (up from 8.9% in 1Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28Descente Ltd. to Report Q1, 2024 Results on Aug 10, 2023Descente Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
Reported Earnings • Jun 18Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥140 (up from JP¥82.53 in FY 2022). Revenue: JP¥120.6b (up 11% from FY 2022). Net income: JP¥10.6b (up 69% from FY 2022). Profit margin: 8.7% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: JP¥140 (up from JP¥82.53 in FY 2022). Revenue: JP¥120.6b (up 11% from FY 2022). Net income: JP¥10.6b (up 69% from FY 2022). Profit margin: 8.7% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
お知らせ • May 17Descente Ltd., Annual General Meeting, Jun 15, 2023Descente Ltd., Annual General Meeting, Jun 15, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥40.00 per share at 1.0% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 19 June 2023. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.9%).
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥66.75 (vs JP¥32.66 in 3Q 2022)Third quarter 2023 results: EPS: JP¥66.75 (up from JP¥32.66 in 3Q 2022). Revenue: JP¥28.9b (up 8.0% from 3Q 2022). Net income: JP¥5.04b (up 105% from 3Q 2022). Profit margin: 17% (up from 9.2% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 21Descente Ltd. to Report Q3, 2023 Results on Feb 06, 2023Descente Ltd. announced that they will report Q3, 2023 results on Feb 06, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥36.81 (vs JP¥17.94 in 2Q 2022)Second quarter 2023 results: EPS: JP¥36.81 (up from JP¥17.94 in 2Q 2022). Revenue: JP¥30.8b (up 12% from 2Q 2022). Net income: JP¥2.78b (up 105% from 2Q 2022). Profit margin: 9.0% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
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. 8 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Senior Managing Executive Officer & Director Hoon-Do Kim was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥36.81 (vs JP¥17.94 in 2Q 2022)Second quarter 2023 results: EPS: JP¥36.81 (up from JP¥17.94 in 2Q 2022). Revenue: JP¥30.8b (up 12% from 2Q 2022). Net income: JP¥2.78b (up 105% from 2Q 2022). Profit margin: 9.0% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 01Descente Ltd. to Report Q2, 2023 Results on Nov 07, 2022Descente Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022
お知らせ • Aug 10Descente Ltd. (TSE:8114) agreed to acquire additional 10% stake in le coq sportif(Ningbo)co., ltd. from Zhejiang Trade Zone Sheng Rong Clothing Co., Ltd. for CNY 182 million.Descente Ltd. (TSE:8114) agreed to acquire additional 10% stake in le coq sportif(Ningbo)co., ltd. from Zhejiang Trade Zone Sheng Rong Clothing Co., Ltd. for CNY 182 million on August 8, 2022. For the year ended December 2021, the Total Assets were CNY 374 million, Net Worth was CNy 187 million, Sales were CNY 466 million, Operating Income was CNY 16 million and Net Income was CNY 12 million. Transaction is expected to close on October 1, 2022.
Reported Earnings • Aug 09First quarter 2023 earnings released: EPS: JP¥31.17 (vs JP¥15.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥31.17 (up from JP¥15.02 in 1Q 2022). Revenue: JP¥26.4b (up 18% from 1Q 2022). Net income: JP¥2.35b (up 108% from 1Q 2022). Profit margin: 8.9% (up from 5.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.6%, compared to a 9.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 29Descente Ltd. (TSE:8114) completed the acquisition of 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng (Shanghai) Apparel and Accessory Trading Co., Ltd.Descente Ltd. (TSE:8114) entered into an agreement to acquire a 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng (Shanghai) Apparel and Accessory Trading Co., Ltd. for CNY 22.1 million on January 7, 2022. Net asset value of Arena Shanghai as of September 30, 2021 was approximately CNY 39.44 million. The deal is expected to complete on April 1, 2022. As on April 28, 2022, Transaction Long stop date as been extended to June 30, 2022. Descente Ltd. (TSE:8114) completed the acquisition of 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng (Shanghai) Apparel and Accessory Trading Co., Ltd. on June 27, 2022.
Reported Earnings • Jun 20Full year 2022 earnings released: EPS: JP¥82.53 (vs JP¥66.79 in FY 2021)Full year 2022 results: EPS: JP¥82.53 (up from JP¥66.79 in FY 2021). Revenue: JP¥108.9b (up 12% from FY 2021). Net income: JP¥6.23b (up 24% from FY 2021). Profit margin: 5.7% (up from 5.2% in FY 2021). Over the next year, revenue is forecast to grow 6.0%, compared to a 9.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 15Descente Ltd. to Report Q1, 2023 Results on Aug 08, 2022Descente Ltd. announced that they will report Q1, 2023 results on Aug 08, 2022
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to JP¥2,770, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 18x in the Luxury industry in Japan. Total returns to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,774, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 17x in the Luxury industry in Japan. Total returns to shareholders of 50% over the past three years.
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥82.53 (vs JP¥66.79 in FY 2021)Full year 2022 results: EPS: JP¥82.53 (up from JP¥66.79 in FY 2021). Revenue: JP¥108.9b (up 12% from FY 2021). Net income: JP¥6.23b (up 24% from FY 2021). Profit margin: 5.7% (up from 5.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • May 14Descente Ltd., Annual General Meeting, Jun 16, 2022Descente Ltd., Annual General Meeting, Jun 16, 2022.
Board Change • Apr 27Less 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. 9 experienced directors. No highly experienced directors. 1 independent director (5 non-independent directors). Senior Managing Executive Officer & Director Hoon-Do Kim was the last director to join the board, commencing their role in 2014. 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 • Apr 08Descente Ltd. to Report Fiscal Year 2022 Results on May 12, 2022Descente Ltd. announced that they will report fiscal year 2022 results on May 12, 2022
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥2,981, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 13x in the Luxury industry in Japan. Total returns to shareholders of 5.5% over the past three years.
Reported Earnings • Feb 08Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥32.66 (down from JP¥80.75 in 3Q 2021). Revenue: JP¥26.8b (up 13% from 3Q 2021). Net income: JP¥2.47b (down 60% from 3Q 2021). Profit margin: 9.2% (down from 26% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 09Descente Ltd. (TSE:8114) entered into an agreement to acquire a 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng Apparel and Accessory Trading Co., for CNY 22.1 million.Descente Ltd. (TSE:8114) entered into an agreement to acquire a 70% stake in Arena (Shanghai) Industrial Co. Limited from Tian Feng Apparel and Accessory Trading Co., for CNY 22.1 million on January 7, 2022. Net asset value of Arena Shanghai as of September 30, 2021 was approximately CNY 39.44 million.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS JP¥17.94 (vs JP¥9.98 in 2Q 2021)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥27.4b (flat on 2Q 2021). Net income: JP¥1.35b (up 80% from 2Q 2021). Profit margin: 4.9% (up from 2.8% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥3,730, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 15x in the Luxury industry in Japan. Total returns to shareholders of 83% over the past three years.
Reported Earnings • Aug 13First quarter 2022 earnings released: EPS JP¥15.02 (vs JP¥26.75 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¥22.5b (up 45% from 1Q 2021). Net income: JP¥1.13b (up JP¥3.15b from 1Q 2021). Profit margin: 5.0% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 21Full year 2021 earnings released: EPS JP¥66.79 (vs JP¥32.89 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¥96.9b (down 22% from FY 2020). Net income: JP¥5.04b (up JP¥7.52b from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥2,251, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 19x in the Luxury industry in Japan. Total returns to shareholders of 7.8% over the past three years.
Reported Earnings • May 19Full year 2021 earnings released: EPS JP¥66.79 (vs JP¥32.89 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¥96.9b (down 22% from FY 2020). Net income: JP¥5.04b (up JP¥7.52b from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 04Descente Ltd. to Report Fiscal Year 2021 Results on May 14, 2021Descente Ltd. announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥80.75 (vs JP¥5.83 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥23.7b (down 12% from 3Q 2020). Net income: JP¥6.09b (up JP¥6.53b from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 82% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 08New 90-day high: JP¥1,935The company is up 17% from its price of JP¥1,648 on 09 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is flat over the same period.
Is New 90 Day High Low • Dec 21New 90-day high: JP¥1,922The company is up 6.0% from its price of JP¥1,811 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 3.0% over the same period.
お知らせ • Nov 29Descente Ltd. to Report Q3, 2021 Results on Feb 05, 2021Descente Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021
お知らせ • Nov 25Descente to Be Deleted from Other OTCDescente Ltd.’s SHS (Japan) will be deleted from other OTC effective November 24, 2020. The deletion is due to Inactive Security.
お知らせ • Oct 10Descente Ltd. to Report Q2, 2021 Results on Nov 06, 2020Descente Ltd. announced that they will report Q2, 2021 results on Nov 06, 2020
お知らせ • Jun 28Descente Ltd. to Report Q1, 2021 Results on Aug 05, 2020Descente Ltd. announced that they will report Q1, 2021 results on Aug 05, 2020
