This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsLawson（2651）株式概要株式会社ローソンは、「ローソン」、「ローソンストア100」、「ナチュラルローソン」のブランド名でコンビニエンスストアを国内外に展開、フランチャイズ展開している。 詳細2651 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長1/6過去の実績5/6財務の健全性4/6配当金0/6報酬当社が推定した公正価値より73.2%で取引されている 収益は年間5.64%増加すると予測されています 過去1年間で収益は61.9%増加しました リスク分析リスクチェックの結果、2651 、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2651 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW471,327 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA471,327 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥10.33k17.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture01t2016201920222025202620282031Revenue JP¥1.3tEarnings JP¥63.9bAdvancedSet Fair ValueView all narrativesLawson, Inc. 競合他社Kobe BussanSymbol: TSE:3038Market cap: JP¥609.2bBlue Zones HoldingsLtdSymbol: TSE:417AMarket cap: JP¥347.1bSeven & i HoldingsSymbol: TSE:3382Market cap: JP¥4.6tH2O RetailingSymbol: TSE:8242Market cap: JP¥314.8b価格と性能株価の高値、安値、推移の概要Lawson過去の株価現在の株価US$10,330.0052週高値US$10,365.0052週安値US$6,585.00ベータ0.141ヶ月の変化0%3ヶ月変化0%1年変化46.61%3年間の変化88.16%5年間の変化96.39%IPOからの変化87.14%最新ニュースお知らせ • Jul 09Lawson, Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective July 24, 2024Lawson, Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from July 24, 2024 due to Reverse stock split.お知らせ • May 09Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)お知らせ • May 03Lawson, Inc. to Report Q1, 2025 Results on Jul 12, 2024Lawson, Inc. announced that they will report Q1, 2025 results on Jul 12, 2024お知らせ • Apr 27KDDI Corporation (TSE:9433) completed the acquisition of additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion.KDDI Corporation (TSE:9433) made an offer to acquire an additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥500 billion on February 6, 2024. The commencement of tender offer is March 28, 2024, and closing of tender offer period is April 25, 2024. Nishimura & Asahi acted as legal advisor and UBS Securities Japan Co., Ltd. acted as financial advisor for KDDI Corporation. Anderson Mori & Tomotsune LPC and Nakamura, Tsunoda & Matsumoto acted as legal advisors and Daiwa Securities Co. Ltd. and SMBC Nikko Securities Inc. acted as financial advisors for Lawson Inc. Nomura Securities Co., Ltd acted as Tender offer agent in the transaction.KDDI Corporation (TSE:9433) completed the acquisition of additional 39% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion on April 26, 2024.Reported Earnings • Apr 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥521 (up from JP¥297 in FY 2023). Revenue: JP¥1.09t (up 8.8% from FY 2023). Net income: JP¥52.1b (up 76% from FY 2023). Profit margin: 4.8% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 11+ 1 more updateLawson, Inc. Announces Dividend for the Fiscal Year Ended February 29, 2024Lawson, Inc. announced dividend for the fiscal year 2023 (from March 1, 2023 to February 29, 2024). For the year, the company announced to pay dividend of JPY 0.0 per share against JPY 75.00 per share paid a year ago.最新情報をもっと見るRecent updatesお知らせ • Jul 09Lawson, Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective July 24, 2024Lawson, Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from July 24, 2024 due to Reverse stock split.お知らせ • May 09Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)お知らせ • May 03Lawson, Inc. to Report Q1, 2025 Results on Jul 12, 2024Lawson, Inc. announced that they will report Q1, 2025 results on Jul 12, 2024お知らせ • Apr 27KDDI Corporation (TSE:9433) completed the acquisition of additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion.KDDI Corporation (TSE:9433) made an offer to acquire an additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥500 billion on February 6, 2024. The commencement of tender offer is March 28, 2024, and closing of tender offer period is April 25, 2024. Nishimura & Asahi acted as legal advisor and UBS Securities Japan Co., Ltd. acted as financial advisor for KDDI Corporation. Anderson Mori & Tomotsune LPC and Nakamura, Tsunoda & Matsumoto acted as legal advisors and Daiwa Securities Co. Ltd. and SMBC Nikko Securities Inc. acted as financial advisors for Lawson Inc. Nomura Securities Co., Ltd acted as Tender offer agent in the transaction.KDDI Corporation (TSE:9433) completed the acquisition of additional 39% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion on April 26, 2024.Reported Earnings • Apr 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥521 (up from JP¥297 in FY 2023). Revenue: JP¥1.09t (up 8.8% from FY 2023). Net income: JP¥52.1b (up 76% from FY 2023). Profit margin: 4.8% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 11+ 1 more updateLawson, Inc. Announces Dividend for the Fiscal Year Ended February 29, 2024Lawson, Inc. announced dividend for the fiscal year 2023 (from March 1, 2023 to February 29, 2024). For the year, the company announced to pay dividend of JPY 0.0 per share against JPY 75.00 per share paid a year ago.Price Target Changed • Mar 04Price target increased by 9.1% to JP¥9,036Up from JP¥8,283, the current price target is an average from 9 analysts. New target price is 12% below last closing price of JP¥10,225. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥488 for next year compared to JP¥297 last year.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥10,270, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 110% over the past three years.Reported Earnings • Jan 14Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: JP¥135 (up from JP¥107 in 3Q 2023). Revenue: JP¥268.7b (up 5.8% from 3Q 2023). Net income: JP¥13.5b (up 26% from 3Q 2023). Profit margin: 5.0% (up from 4.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% 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 • Jan 12Lawson, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2024Lawson, Inc. provided consolidated earnings guidance for the fiscal year ending February 29, 2024. For the year, the company expects gross operating revenue of JPY 1,090,000 million, Core operating profit of JPY 88,000 million, profit attributable to owners of parent of JPY 50,000 million and basic earnings per share of JPY 499.61 against previous guidance of gross operating revenue of JPY 1,080,000 million, Core operating profit of JPY 85,000 million, profit attributable to owners of parent of JPY 47,000 million and basic earnings per share of JPY 469.63.お知らせ • Nov 03Lawson, Inc. to Report Q3, 2024 Results on Jan 12, 2024Lawson, Inc. announced that they will report Q3, 2024 results on Jan 12, 2024Reported Earnings • Oct 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥163 (up from JP¥73.74 in 2Q 2023). Revenue: JP¥281.4b (up 14% from 2Q 2023). Net income: JP¥16.3b (up 121% from 2Q 2023). Profit margin: 5.8% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 13Lawson, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2024Lawson, Inc. provided consolidated earnings guidance for the fiscal year ending February 29, 2024. For the year, the company expects gross operating revenue of JPY 1,080,000 million, Core operating profit of JPY 85,000 million, profit attributable to owners of parent of JPY 47,000 million and basic earnings per share of JPY 469.63.Major Estimate Revision • Sep 21Consensus EPS estimates increase by 46%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥275 to JP¥402. Revenue forecast unchanged at JP¥1.06t. Net income forecast to shrink 1.8% next year vs 10% growth forecast for Consumer Retailing industry in Japan . Consensus price target up from JP¥6,815 to JP¥7,173. Share price was steady at JP¥6,830 over the past week.Upcoming Dividend • Aug 23Upcoming dividend of JP¥100.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).お知らせ • Aug 03Lawson, Inc. to Report Q2, 2024 Results on Oct 13, 2023Lawson, Inc. announced that they will report Q2, 2024 results on Oct 13, 2023Price Target Changed • Jul 14Price target increased by 7.4% to JP¥6,369Up from JP¥5,931, the current price target is an average from 13 analysts. New target price is 6.1% below last closing price of JP¥6,783. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥324 for next year compared to JP¥297 last year.Reported Earnings • Jul 14First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥161 (up from JP¥80.23 in 1Q 2023). Revenue: JP¥264.1b (up 11% from 1Q 2023). Net income: JP¥16.1b (up 100% from 1Q 2023). Profit margin: 6.1% (up from 3.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 82%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Jul 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results.お知らせ • Jul 12+ 1 more updateLawson, Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending February 28, 2024Lawson, Inc. provided consolidated earnings guidance for the first half and full year of fiscal year ending February 28, 2024. For the period, the company expects Gross operating revenue of JPY 530,000 million, Core operating profit of JPY 34,500 million, profit attributable to owners of parent of JPY 17,500 million and basic earnings per share of JPY 174.86. For the year, the company expects Gross operating revenue of JPY 1,060,000 million, Core operating profit of JPY 64,000 million, profit attributable to owners of parent of JPY 29,000 million and basic earnings per share of JPY 289.77.New Risk • Jun 13New major risk - Revenue and earnings growthEarnings have declined by 4.9% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 have declined by 4.9% per year over the past 5 years. 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 • May 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥297 (up from JP¥179 in FY 2022). Revenue: JP¥1.00t (up 43% from FY 2022). Net income: JP¥29.7b (up 66% from FY 2022). Profit margin: 3.0% (up from 2.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • May 25+ 2 more updatesLawson, Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending February 29, 2024Lawson, Inc. provided consolidated earnings guidance for the first half and full year of fiscal year ending February 29, 2024. For the first half, the company expects gross operating revenue of JPY 530,000 million, core operating profit of JPY 34,500 million, profit attributable to owners of parent of JPY 17,500 million and basic earnings per share of JPY 174.86. For the full year, the company expects gross operating revenue of JPY 1,060,000 million, core operating profit of JPY 64,000 million, profit attributable to owners of parent of JPY 29,000 million and basic earnings per share of JPY 289.77.お知らせ • May 24Lawson, Inc. to Report Q1, 2024 Results on Jul 11, 2023Lawson, Inc. announced that they will report Q1, 2024 results on Jul 11, 2023Reported Earnings • Apr 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥247 (up from JP¥179 in FY 2022). Revenue: JP¥988.6b (up 42% from FY 2022). Net income: JP¥24.7b (up 38% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Feb 20Upcoming dividend of JP¥75.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 26 May 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).お知らせ • Feb 03Lawson, Inc. to Report Fiscal Year 2023 Results on Apr 13, 2023Lawson, Inc. announced that they will report fiscal year 2023 results on Apr 13, 2023Reported Earnings • Jan 11Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: JP¥107 (up from JP¥69.68 in 3Q 2022). Revenue: JP¥253.9b (up 46% from 3Q 2022). Net income: JP¥10.7b (up 54% from 3Q 2022). Profit margin: 4.2% (up from 4.0% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 86%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Jan 10Lawson, Inc. Provides Consolidated Earnings Guidance for the Year Ending February 28, 2023Lawson, Inc. provided consolidated earnings guidance for the year ending February 28, 2023. For the year, the company expects gross operating revenue of JPY 1,024,000 million, operating income of JPY 53,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 219.83 per share.Board Change • Nov 16Less 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, 1 was an independent director. The company's board is composed of: 5 new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Outside Audit & Supervisory Board Member Eiko Tsujiyama is the most experienced director on the board, commencing their role in 2011. Independent Outside Director Satoko Suzuki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Nov 03Lawson, Inc. to Report Q3, 2023 Results on Jan 10, 2023Lawson, Inc. announced that they will report Q3, 2023 results on Jan 10, 2023Reported Earnings • Oct 07Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: JP¥73.74 (down from JP¥118 in 2Q 2022). Revenue: JP¥245.7b (up 37% from 2Q 2022). Net income: JP¥7.38b (down 37% from 2Q 2022). Profit margin: 3.0% (down from 6.6% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year.Upcoming Dividend • Aug 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 10 November 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Jul 13First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥80.23 (up from JP¥56.33 in 1Q 2022). Net income: JP¥8.03b (up 42% from 1Q 2022). Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Jun 01Full year 2022 earnings: Revenues in line with analyst expectationsFull year 2022 results: Net income: JP¥17.9b (up 106% from FY 2021). Revenue was in line with analyst estimates.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Outside Audit & Supervisory Board Member Eiko Tsujiyama is the most experienced director on the board, commencing their role in 2011. Independent Outside Director Satoko Suzuki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Apr 12Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥179 (up from JP¥86.83 in FY 2021). Revenue: JP¥698.4b (up 4.9% from FY 2021). Net income: JP¥17.9b (up 106% from FY 2021). Profit margin: 2.6% (up from 1.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 13%, compared to a 20% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Feb 18Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 25 February 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%).Reported Earnings • Jan 09Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: JP¥69.68 (down from JP¥85.91 in 3Q 2021). Revenue: JP¥173.7b (flat on 3Q 2021). Net income: JP¥6.97b (down 19% from 3Q 2021). Profit margin: 4.0% (down from 4.9% in 3Q 2021). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 25%. Earnings per share (EPS) surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 6.1%, compared to a 28% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 08Second quarter 2022 earnings released: EPS JP¥118 (vs JP¥74.87 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥179.5b (up 7.1% from 2Q 2021). Net income: JP¥11.8b (up 57% from 2Q 2021). Profit margin: 6.6% (up from 4.5% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% 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.Upcoming Dividend • Aug 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 10 November 2021. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.4%).Reported Earnings • Jul 09First quarter 2022 earnings released: EPS JP¥56.33 (vs JP¥41.82 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¥169.3b (up 8.9% from 1Q 2021). Net income: JP¥5.64b (up JP¥9.82b from 1Q 2021). Profit margin: 3.3% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 31% 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.Reported Earnings • May 29Full year 2021 earnings released: EPS JP¥86.83 (vs JP¥201 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥666.0b (down 8.8% from FY 2020). Net income: JP¥8.69b (down 57% from FY 2020). Profit margin: 1.3% (down from 2.8% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Apr 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from JP¥210 to JP¥183 per share. Revenue forecast steady at JP¥708.5b. Net income forecast to grow 129% next year vs 7.4% growth forecast for Consumer Retailing industry in Japan. Consensus price target broadly unchanged at JP¥4,964. Share price fell 5.0% to JP¥5,160 over the past week.Reported Earnings • Apr 09Full year 2021 earnings released: EPS JP¥86.83 (vs JP¥201 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥666.0b (down 8.8% from FY 2020). Net income: JP¥8.69b (down 57% from FY 2020). Profit margin: 1.3% (down from 2.8% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Mar 09New 90-day high: JP¥5,400The company is up 13% from its price of JP¥4,770 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥15,269 per share.Is New 90 Day High Low • Feb 05New 90-day high: JP¥5,300The company is up 7.0% from its price of JP¥4,945 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥15,300 per share.Analyst Estimate Surprise Post Earnings • Jan 19Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 311%. Over the next year, revenue is forecast to grow 2.4%, compared to a 8.3% growth forecast for the Consumer Retailing industry in Japan.Analyst Estimate Surprise Post Earnings • Jan 16Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 311%. Over the next year, revenue is forecast to grow 2.4%, compared to a 8.2% growth forecast for the Consumer Retailing industry in Japan.Reported Earnings • Jan 09Third quarter 2021 earnings released: EPS JP¥85.91The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥174.5b (down 4.0% from 3Q 2020). Net income: JP¥8.60b (up 47% from 3Q 2020). Profit margin: 4.9% (up from 3.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Jan 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 311%. Over the next year, revenue is forecast to grow 2.3%, compared to a 4.9% growth forecast for the Consumer Retailing industry in Japan.Major Estimate Revision • Jan 05Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from JP¥74.26 to JP¥60.60. Revenue estimate was approximately flat at JP¥666.4b. Net income is expected to grow by 286% next year compared to 3.1% growth forecast for the Consumer Retailing industry in Japan. The consensus price target was lowered from JP¥4,936 to JP¥4,893. Share price is down by 3.7% to JP¥4,695 over the past week.Is New 90 Day High Low • Dec 08New 90-day low: JP¥4,715The company is down 8.0% from its price of JP¥5,100 on 09 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥14,674 per share.株主還元2651JP Consumer RetailingJP 市場7D0%-8.4%2.2%1Y46.6%-12.7%35.3%株主還元を見る業界別リターン: 2651過去 1 年間で-12.7 % の収益を上げたJP Consumer Retailing業界を上回りました。リターン対市場: 2651過去 1 年間で35.3 % の収益を上げたJP市場を上回りました。価格変動Is 2651's price volatile compared to industry and market?2651 volatility2651 Average Weekly Movement0.2%Consumer Retailing Industry Average Movement3.2%Market Average Movement4.4%10% most volatile stocks in JP Market9.5%10% least volatile stocks in JP Market2.2%安定した株価: 2651 、 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: 2651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197511,666Sadanobu Takemasuwww.lawson.co.jp株式会社ローソンは、「ローソン」「ローソンストア100」「ナチュラルローソン」のブランド名で、国内外にコンビニエンスストアの運営とフランチャイズ展開を行っている。国内コンビニエンスストア事業、成城石井事業、エンタテインメント関連事業、金融関連事業、海外事業、その他事業を展開。また、加工食品・冷凍食品・食肉等の卸売、包装資材等の卸売、スーパーマーケットチェーンの運営、食品製造・外食事業も手掛けている。また、総合エンタテインメント事業の展開、HMV店舗の運営、ローソンホットステーションエルパカの名称による総合エンタテインメントモールの運営、複合映画館の建設・運営、コンサルティング事業、銀行事業も行っている。また、CD・DVD、書籍・電子書籍等の販売、コンサートチケット等のエンタテインメント商品の店頭・オンライン販売を行っている。旧社名はダイエーコンビニエンスシステムズ株式会社。1996年6月に社名を株式会社ローソンに変更。同社は1975年に設立され、東京に本社を置いている。株式会社ローソンは三菱商事の子会社として運営されている。もっと見るLawson, Inc. 基礎のまとめLawson の収益と売上を時価総額と比較するとどうか。2651 基礎統計学時価総額JP¥977.45b収益（TTM）JP¥53.02b売上高(TTM)JP¥1.10t18.4xPER（株価収益率0.9xP/Sレシオ2651 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2651 損益計算書（TTM）収益JP¥1.10t売上原価JP¥513.42b売上総利益JP¥589.89bその他の費用JP¥536.87b収益JP¥53.02b直近の収益報告May 31, 2024次回決算日該当なし一株当たり利益（EPS）529.80グロス・マージン53.47%純利益率4.81%有利子負債／自己資本比率49.1%2651 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2024/07/28 16:06終値2024/07/26 00:00収益2024/05/31年間収益2024/02/29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Lawson, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Ryota HimenoBarclaysArashi NishizawaBofA Global ResearchMasataka KunitoCitigroup Inc15 その他のアナリストを表示
お知らせ • Jul 09Lawson, Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective July 24, 2024Lawson, Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from July 24, 2024 due to Reverse stock split.
お知らせ • May 09Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)
お知らせ • May 03Lawson, Inc. to Report Q1, 2025 Results on Jul 12, 2024Lawson, Inc. announced that they will report Q1, 2025 results on Jul 12, 2024
お知らせ • Apr 27KDDI Corporation (TSE:9433) completed the acquisition of additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion.KDDI Corporation (TSE:9433) made an offer to acquire an additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥500 billion on February 6, 2024. The commencement of tender offer is March 28, 2024, and closing of tender offer period is April 25, 2024. Nishimura & Asahi acted as legal advisor and UBS Securities Japan Co., Ltd. acted as financial advisor for KDDI Corporation. Anderson Mori & Tomotsune LPC and Nakamura, Tsunoda & Matsumoto acted as legal advisors and Daiwa Securities Co. Ltd. and SMBC Nikko Securities Inc. acted as financial advisors for Lawson Inc. Nomura Securities Co., Ltd acted as Tender offer agent in the transaction.KDDI Corporation (TSE:9433) completed the acquisition of additional 39% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion on April 26, 2024.
Reported Earnings • Apr 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥521 (up from JP¥297 in FY 2023). Revenue: JP¥1.09t (up 8.8% from FY 2023). Net income: JP¥52.1b (up 76% from FY 2023). Profit margin: 4.8% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 11+ 1 more updateLawson, Inc. Announces Dividend for the Fiscal Year Ended February 29, 2024Lawson, Inc. announced dividend for the fiscal year 2023 (from March 1, 2023 to February 29, 2024). For the year, the company announced to pay dividend of JPY 0.0 per share against JPY 75.00 per share paid a year ago.
お知らせ • Jul 09Lawson, Inc. to Delist from Prime Section of Tokyo Stock Exchange, Effective July 24, 2024Lawson, Inc. will be delisted from Prime Section of Tokyo Stock Exchange effective from July 24, 2024 due to Reverse stock split.
お知らせ • May 09Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)Lawson, Inc.(TSE:2651) dropped from FTSE All-World Index (USD)
お知らせ • May 03Lawson, Inc. to Report Q1, 2025 Results on Jul 12, 2024Lawson, Inc. announced that they will report Q1, 2025 results on Jul 12, 2024
お知らせ • Apr 27KDDI Corporation (TSE:9433) completed the acquisition of additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion.KDDI Corporation (TSE:9433) made an offer to acquire an additional 47.88% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥500 billion on February 6, 2024. The commencement of tender offer is March 28, 2024, and closing of tender offer period is April 25, 2024. Nishimura & Asahi acted as legal advisor and UBS Securities Japan Co., Ltd. acted as financial advisor for KDDI Corporation. Anderson Mori & Tomotsune LPC and Nakamura, Tsunoda & Matsumoto acted as legal advisors and Daiwa Securities Co. Ltd. and SMBC Nikko Securities Inc. acted as financial advisors for Lawson Inc. Nomura Securities Co., Ltd acted as Tender offer agent in the transaction.KDDI Corporation (TSE:9433) completed the acquisition of additional 39% stake in Lawson, Inc. (TSE:2651) from its shareholders for ¥400 billion on April 26, 2024.
Reported Earnings • Apr 12Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥521 (up from JP¥297 in FY 2023). Revenue: JP¥1.09t (up 8.8% from FY 2023). Net income: JP¥52.1b (up 76% from FY 2023). Profit margin: 4.8% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 11+ 1 more updateLawson, Inc. Announces Dividend for the Fiscal Year Ended February 29, 2024Lawson, Inc. announced dividend for the fiscal year 2023 (from March 1, 2023 to February 29, 2024). For the year, the company announced to pay dividend of JPY 0.0 per share against JPY 75.00 per share paid a year ago.
Price Target Changed • Mar 04Price target increased by 9.1% to JP¥9,036Up from JP¥8,283, the current price target is an average from 9 analysts. New target price is 12% below last closing price of JP¥10,225. Stock is up 89% over the past year. The company is forecast to post earnings per share of JP¥488 for next year compared to JP¥297 last year.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥10,270, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 110% over the past three years.
Reported Earnings • Jan 14Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: JP¥135 (up from JP¥107 in 3Q 2023). Revenue: JP¥268.7b (up 5.8% from 3Q 2023). Net income: JP¥13.5b (up 26% from 3Q 2023). Profit margin: 5.0% (up from 4.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% 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 • Jan 12Lawson, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2024Lawson, Inc. provided consolidated earnings guidance for the fiscal year ending February 29, 2024. For the year, the company expects gross operating revenue of JPY 1,090,000 million, Core operating profit of JPY 88,000 million, profit attributable to owners of parent of JPY 50,000 million and basic earnings per share of JPY 499.61 against previous guidance of gross operating revenue of JPY 1,080,000 million, Core operating profit of JPY 85,000 million, profit attributable to owners of parent of JPY 47,000 million and basic earnings per share of JPY 469.63.
お知らせ • Nov 03Lawson, Inc. to Report Q3, 2024 Results on Jan 12, 2024Lawson, Inc. announced that they will report Q3, 2024 results on Jan 12, 2024
Reported Earnings • Oct 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥163 (up from JP¥73.74 in 2Q 2023). Revenue: JP¥281.4b (up 14% from 2Q 2023). Net income: JP¥16.3b (up 121% from 2Q 2023). Profit margin: 5.8% (up from 3.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.8%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 13Lawson, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2024Lawson, Inc. provided consolidated earnings guidance for the fiscal year ending February 29, 2024. For the year, the company expects gross operating revenue of JPY 1,080,000 million, Core operating profit of JPY 85,000 million, profit attributable to owners of parent of JPY 47,000 million and basic earnings per share of JPY 469.63.
Major Estimate Revision • Sep 21Consensus EPS estimates increase by 46%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥275 to JP¥402. Revenue forecast unchanged at JP¥1.06t. Net income forecast to shrink 1.8% next year vs 10% growth forecast for Consumer Retailing industry in Japan . Consensus price target up from JP¥6,815 to JP¥7,173. Share price was steady at JP¥6,830 over the past week.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥100.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%).
お知らせ • Aug 03Lawson, Inc. to Report Q2, 2024 Results on Oct 13, 2023Lawson, Inc. announced that they will report Q2, 2024 results on Oct 13, 2023
Price Target Changed • Jul 14Price target increased by 7.4% to JP¥6,369Up from JP¥5,931, the current price target is an average from 13 analysts. New target price is 6.1% below last closing price of JP¥6,783. Stock is up 44% over the past year. The company is forecast to post earnings per share of JP¥324 for next year compared to JP¥297 last year.
Reported Earnings • Jul 14First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: JP¥161 (up from JP¥80.23 in 1Q 2023). Revenue: JP¥264.1b (up 11% from 1Q 2023). Net income: JP¥16.1b (up 100% from 1Q 2023). Profit margin: 6.1% (up from 3.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 82%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results.
お知らせ • Jul 12+ 1 more updateLawson, Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending February 28, 2024Lawson, Inc. provided consolidated earnings guidance for the first half and full year of fiscal year ending February 28, 2024. For the period, the company expects Gross operating revenue of JPY 530,000 million, Core operating profit of JPY 34,500 million, profit attributable to owners of parent of JPY 17,500 million and basic earnings per share of JPY 174.86. For the year, the company expects Gross operating revenue of JPY 1,060,000 million, Core operating profit of JPY 64,000 million, profit attributable to owners of parent of JPY 29,000 million and basic earnings per share of JPY 289.77.
New Risk • Jun 13New major risk - Revenue and earnings growthEarnings have declined by 4.9% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 have declined by 4.9% per year over the past 5 years. 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 • May 30Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥297 (up from JP¥179 in FY 2022). Revenue: JP¥1.00t (up 43% from FY 2022). Net income: JP¥29.7b (up 66% from FY 2022). Profit margin: 3.0% (up from 2.6% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • May 25+ 2 more updatesLawson, Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending February 29, 2024Lawson, Inc. provided consolidated earnings guidance for the first half and full year of fiscal year ending February 29, 2024. For the first half, the company expects gross operating revenue of JPY 530,000 million, core operating profit of JPY 34,500 million, profit attributable to owners of parent of JPY 17,500 million and basic earnings per share of JPY 174.86. For the full year, the company expects gross operating revenue of JPY 1,060,000 million, core operating profit of JPY 64,000 million, profit attributable to owners of parent of JPY 29,000 million and basic earnings per share of JPY 289.77.
お知らせ • May 24Lawson, Inc. to Report Q1, 2024 Results on Jul 11, 2023Lawson, Inc. announced that they will report Q1, 2024 results on Jul 11, 2023
Reported Earnings • Apr 14Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥247 (up from JP¥179 in FY 2022). Revenue: JP¥988.6b (up 42% from FY 2022). Net income: JP¥24.7b (up 38% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Feb 20Upcoming dividend of JP¥75.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 26 May 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
お知らせ • Feb 03Lawson, Inc. to Report Fiscal Year 2023 Results on Apr 13, 2023Lawson, Inc. announced that they will report fiscal year 2023 results on Apr 13, 2023
Reported Earnings • Jan 11Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: JP¥107 (up from JP¥69.68 in 3Q 2022). Revenue: JP¥253.9b (up 46% from 3Q 2022). Net income: JP¥10.7b (up 54% from 3Q 2022). Profit margin: 4.2% (up from 4.0% in 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 86%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Jan 10Lawson, Inc. Provides Consolidated Earnings Guidance for the Year Ending February 28, 2023Lawson, Inc. provided consolidated earnings guidance for the year ending February 28, 2023. For the year, the company expects gross operating revenue of JPY 1,024,000 million, operating income of JPY 53,000 million, profit attributable to owners of parent of JPY 22,000 million or JPY 219.83 per share.
Board Change • Nov 16Less 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, 1 was an independent director. The company's board is composed of: 5 new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Outside Audit & Supervisory Board Member Eiko Tsujiyama is the most experienced director on the board, commencing their role in 2011. Independent Outside Director Satoko Suzuki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 03Lawson, Inc. to Report Q3, 2023 Results on Jan 10, 2023Lawson, Inc. announced that they will report Q3, 2023 results on Jan 10, 2023
Reported Earnings • Oct 07Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: JP¥73.74 (down from JP¥118 in 2Q 2022). Revenue: JP¥245.7b (up 37% from 2Q 2022). Net income: JP¥7.38b (down 37% from 2Q 2022). Profit margin: 3.0% (down from 6.6% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 28%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 10 November 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Jul 13First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥80.23 (up from JP¥56.33 in 1Q 2022). Net income: JP¥8.03b (up 42% from 1Q 2022). Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jun 01Full year 2022 earnings: Revenues in line with analyst expectationsFull year 2022 results: Net income: JP¥17.9b (up 106% from FY 2021). Revenue was in line with analyst estimates.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Outside Audit & Supervisory Board Member Eiko Tsujiyama is the most experienced director on the board, commencing their role in 2011. Independent Outside Director Satoko Suzuki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Apr 12Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥179 (up from JP¥86.83 in FY 2021). Revenue: JP¥698.4b (up 4.9% from FY 2021). Net income: JP¥17.9b (up 106% from FY 2021). Profit margin: 2.6% (up from 1.3% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 13%, compared to a 20% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Feb 18Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 25 February 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%).
Reported Earnings • Jan 09Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: JP¥69.68 (down from JP¥85.91 in 3Q 2021). Revenue: JP¥173.7b (flat on 3Q 2021). Net income: JP¥6.97b (down 19% from 3Q 2021). Profit margin: 4.0% (down from 4.9% in 3Q 2021). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 25%. Earnings per share (EPS) surpassed analyst estimates by 25%. Over the next year, revenue is forecast to grow 6.1%, compared to a 28% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 08Second quarter 2022 earnings released: EPS JP¥118 (vs JP¥74.87 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥179.5b (up 7.1% from 2Q 2021). Net income: JP¥11.8b (up 57% from 2Q 2021). Profit margin: 6.6% (up from 4.5% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% 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.
Upcoming Dividend • Aug 23Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 30 August 2021. Payment date: 10 November 2021. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.4%).
Reported Earnings • Jul 09First quarter 2022 earnings released: EPS JP¥56.33 (vs JP¥41.82 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¥169.3b (up 8.9% from 1Q 2021). Net income: JP¥5.64b (up JP¥9.82b from 1Q 2021). Profit margin: 3.3% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 31% 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.
Reported Earnings • May 29Full year 2021 earnings released: EPS JP¥86.83 (vs JP¥201 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥666.0b (down 8.8% from FY 2020). Net income: JP¥8.69b (down 57% from FY 2020). Profit margin: 1.3% (down from 2.8% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Apr 15Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from JP¥210 to JP¥183 per share. Revenue forecast steady at JP¥708.5b. Net income forecast to grow 129% next year vs 7.4% growth forecast for Consumer Retailing industry in Japan. Consensus price target broadly unchanged at JP¥4,964. Share price fell 5.0% to JP¥5,160 over the past week.
Reported Earnings • Apr 09Full year 2021 earnings released: EPS JP¥86.83 (vs JP¥201 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥666.0b (down 8.8% from FY 2020). Net income: JP¥8.69b (down 57% from FY 2020). Profit margin: 1.3% (down from 2.8% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Mar 09New 90-day high: JP¥5,400The company is up 13% from its price of JP¥4,770 on 09 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥15,269 per share.
Is New 90 Day High Low • Feb 05New 90-day high: JP¥5,300The company is up 7.0% from its price of JP¥4,945 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥15,300 per share.
Analyst Estimate Surprise Post Earnings • Jan 19Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 311%. Over the next year, revenue is forecast to grow 2.4%, compared to a 8.3% growth forecast for the Consumer Retailing industry in Japan.
Analyst Estimate Surprise Post Earnings • Jan 16Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 311%. Over the next year, revenue is forecast to grow 2.4%, compared to a 8.2% growth forecast for the Consumer Retailing industry in Japan.
Reported Earnings • Jan 09Third quarter 2021 earnings released: EPS JP¥85.91The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥174.5b (down 4.0% from 3Q 2020). Net income: JP¥8.60b (up 47% from 3Q 2020). Profit margin: 4.9% (up from 3.2% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Jan 09Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 311%. Over the next year, revenue is forecast to grow 2.3%, compared to a 4.9% growth forecast for the Consumer Retailing industry in Japan.
Major Estimate Revision • Jan 05Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from JP¥74.26 to JP¥60.60. Revenue estimate was approximately flat at JP¥666.4b. Net income is expected to grow by 286% next year compared to 3.1% growth forecast for the Consumer Retailing industry in Japan. The consensus price target was lowered from JP¥4,936 to JP¥4,893. Share price is down by 3.7% to JP¥4,695 over the past week.
Is New 90 Day High Low • Dec 08New 90-day low: JP¥4,715The company is down 8.0% from its price of JP¥5,100 on 09 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥14,674 per share.
