View ValuationNippon Ski Resort DevelopmentLtd 将来の成長Future 基準チェック /06現在、 Nippon Ski Resort DevelopmentLtdの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Hospitality 収益成長13.6%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Mar 08Second quarter 2026 earnings released: EPS: JP¥17.97 (vs JP¥17.73 in 2Q 2025)Second quarter 2026 results: EPS: JP¥17.97 (up from JP¥17.73 in 2Q 2025). Revenue: JP¥4.09b (up 17% from 2Q 2025). Net income: JP¥827.0m (up 2.1% from 2Q 2025). Profit margin: 20% (down from 23% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jan 22Upcoming dividend of JP¥1.50 per shareEligible shareholders must have bought the stock before 29 January 2026. Payment date: 14 April 2026. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (0.9%).分析記事 • Jan 09Investors Will Want Nippon Ski Resort DevelopmentLtd's (TSE:6040) Growth In ROCE To PersistFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Dec 08First quarter 2026 earnings released: JP¥6.29 loss per share (vs JP¥0.81 loss in 1Q 2025)First quarter 2026 results: JP¥6.29 loss per share (further deteriorated from JP¥0.81 loss in 1Q 2025). Revenue: JP¥1.36b (down 6.5% from 1Q 2025). Net loss: JP¥289.0m (loss widened JP¥252.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 29Nippon Ski Resort Development Co.,Ltd. to Report Q1, 2026 Results on Dec 05, 2025Nippon Ski Resort Development Co.,Ltd. announced that they will report Q1, 2026 results on Dec 05, 2025New Risk • Sep 25New 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 5.1% 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: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.1% average weekly change).分析記事 • Sep 19There May Be Underlying Issues With The Quality Of Nippon Ski Resort DevelopmentLtd's (TSE:6040) EarningsDespite announcing strong earnings, Nippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) stock was sluggish. We did...Reported Earnings • Sep 14Full year 2025 earnings released: EPS: JP¥34.67 (vs JP¥23.99 in FY 2024)Full year 2025 results: EPS: JP¥34.67 (up from JP¥23.99 in FY 2024). Revenue: JP¥10.5b (up 27% from FY 2024). Net income: JP¥1.59b (up 45% from FY 2024). Profit margin: 15% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. 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 36% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 12Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 18, 2025Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 18, 2025.分析記事 • Aug 28Optimistic Investors Push Nippon Ski Resort Development Co.,Ltd. (TSE:6040) Shares Up 25% But Growth Is LackingDespite an already strong run, Nippon Ski Resort Development Co.,Ltd. ( TSE:6040 ) shares have been powering on, with a...Upcoming Dividend • Jul 23Upcoming dividend of JP¥3.50 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 9.4% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.9%). In line with average of industry peers (0.8%).お知らせ • Jul 02Nippon Ski Resort Development Co.,Ltd. to Report Fiscal Year 2025 Results on Sep 12, 2025Nippon Ski Resort Development Co.,Ltd. announced that they will report fiscal year 2025 results on Sep 12, 2025Reported Earnings • Jun 07Third quarter 2025 earnings released: EPS: JP¥24.86 (vs JP¥19.64 in 3Q 2024)Third quarter 2025 results: EPS: JP¥24.86 (up from JP¥19.64 in 3Q 2024). Revenue: JP¥4.20b (up 24% from 3Q 2024). Net income: JP¥1.14b (up 27% from 3Q 2024). Profit margin: 27% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 08Is Nippon Ski Resort DevelopmentLtd (TSE:6040) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Mar 16Nippon Ski Resort DevelopmentLtd's (TSE:6040) Solid Earnings May Rest On Weak FoundationsThe market shrugged off Nippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) solid earnings report. We think that...Reported Earnings • Mar 08Second quarter 2025 earnings released: EPS: JP¥53.18 (vs JP¥37.15 in 2Q 2024)Second quarter 2025 results: EPS: JP¥53.18 (up from JP¥37.15 in 2Q 2024). Revenue: JP¥3.50b (up 25% from 2Q 2024). Net income: JP¥810.0m (up 44% from 2Q 2024). Profit margin: 23% (up from 20% in 2Q 2024). The increase in margin was driven by higher revenue. 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 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,316, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 115% over the past three years.分析記事 • Jan 29Nippon Ski Resort DevelopmentLtd (TSE:6040) Is Experiencing Growth In Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...New Risk • Jan 17New 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 5.1% 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. This is currently the only risk that has been identified for the company.分析記事 • Jan 10Nippon Ski Resort Development Co.,Ltd.'s (TSE:6040) 28% Price Boost Is Out Of Tune With EarningsNippon Ski Resort Development Co.,Ltd. ( TSE:6040 ) shares have continued their recent momentum with a 28% gain in the...Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,188, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Hospitality industry in Japan. Total returns to shareholders of 92% over the past three years.Reported Earnings • Dec 11First quarter 2025 earnings released: JP¥2.43 loss per share (vs JP¥5.08 loss in 1Q 2024)First quarter 2025 results: JP¥2.43 loss per share (improved from JP¥5.08 loss in 1Q 2024). Revenue: JP¥1.45b (up 31% from 1Q 2024). Net loss: JP¥37.0m (loss narrowed 52% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Board Change • Nov 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tomoko Kusamoto was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 28+ 2 more updatesNippon Ski Resort Development Co.,Ltd. to Report Q3, 2025 Results on Jun 06, 2025Nippon Ski Resort Development Co.,Ltd. announced that they will report Q3, 2025 results on Jun 06, 2025分析記事 • Sep 14Solid Earnings May Not Tell The Whole Story For Nippon Ski Resort DevelopmentLtd (TSE:6040)Nippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) healthy profit numbers didn't contain any surprises for...Reported Earnings • Sep 08Full year 2024 earnings released: EPS: JP¥71.97 (vs JP¥62.77 in FY 2023)Full year 2024 results: EPS: JP¥71.97 (up from JP¥62.77 in FY 2023). Revenue: JP¥8.25b (up 20% from FY 2023). Net income: JP¥1.09b (up 15% from FY 2023). Profit margin: 13% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 100% 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 • Sep 06Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 19, 2024Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 19, 2024.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥799, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 36% over the past three years.Upcoming Dividend • Jul 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 July 2024. Payment date: 23 October 2024. Payout ratio is a comfortable 9.1% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (0.7%).お知らせ • Jul 04Nippon Ski Resort Development Co.,Ltd. to Report Fiscal Year 2024 Results on Sep 06, 2024Nippon Ski Resort Development Co.,Ltd. announced that they will report fiscal year 2024 results on Sep 06, 2024New Risk • Jun 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • Jun 10Third quarter 2024 earnings released: EPS: JP¥58.91 (vs JP¥51.23 in 3Q 2023)Third quarter 2024 results: EPS: JP¥58.91 (up from JP¥51.23 in 3Q 2023). Revenue: JP¥3.40b (up 20% from 3Q 2023). Net income: JP¥895.0m (up 15% from 3Q 2023). Profit margin: 26% (down from 27% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.New Risk • Apr 19New 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 5.8% 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: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).New Risk • Apr 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥15.3b market cap, or US$98.6m).Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥973, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 28x in the Hospitality industry in Japan. Total returns to shareholders of 67% over the past three years.分析記事 • Mar 15Nippon Ski Resort DevelopmentLtd's (TSE:6040) Earnings Are Of Questionable QualityNippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) robust earnings report didn't manage to move the market for its...Reported Earnings • Mar 09Second quarter 2024 earnings released: EPS: JP¥37.15 (vs JP¥28.22 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.15 (up from JP¥28.22 in 2Q 2023). Revenue: JP¥2.81b (up 24% from 2Q 2023). Net income: JP¥564.0m (up 32% from 2Q 2023). Profit margin: 20% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 31+ 1 more updateNippon Ski Resort Development Co.,Ltd. to Report Q2, 2024 Results on Mar 08, 2024Nippon Ski Resort Development Co.,Ltd. announced that they will report Q2, 2024 results on Mar 08, 2024Reported Earnings • Dec 12First quarter 2024 earnings released: JP¥5.08 loss per share (vs JP¥2.31 loss in 1Q 2023)First quarter 2024 results: JP¥5.08 loss per share (further deteriorated from JP¥2.31 loss in 1Q 2023). Revenue: JP¥1.11b (up 9.6% from 1Q 2023). Net loss: JP¥77.0m (loss widened 120% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Nov 09High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. 1 highly experienced director. CEO & Representative Director Shuhei Suzuki is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 02Full year 2023 earnings released: EPS: JP¥62.77 (vs JP¥2.11 in FY 2022)Full year 2023 results: EPS: JP¥62.77 (up from JP¥2.11 in FY 2022). Revenue: JP¥6.90b (up 24% from FY 2022). Net income: JP¥952.0m (up JP¥920.0m from FY 2022). Profit margin: 14% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.New Risk • Oct 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (JP¥14.5b market cap, or US$97.2m).Reported Earnings • Sep 11Full year 2023 earnings released: EPS: JP¥62.77 (vs JP¥2.11 in FY 2022)Full year 2023 results: EPS: JP¥62.77 (up from JP¥2.11 in FY 2022). Revenue: JP¥6.90b (up 24% from FY 2022). Net income: JP¥952.0m (up JP¥920.0m from FY 2022). Profit margin: 14% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 10Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 21, 2023Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 21, 2023.Upcoming Dividend • Jul 21Upcoming dividend of JP¥7.00 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (0.5%).Reported Earnings • Jun 11Third quarter 2023 earnings released: EPS: JP¥51.23 (vs JP¥28.36 in 3Q 2022)Third quarter 2023 results: EPS: JP¥51.23 (up from JP¥28.36 in 3Q 2022). Revenue: JP¥2.83b (up 22% from 3Q 2022). Net income: JP¥777.0m (up 81% from 3Q 2022). Profit margin: 27% (up from 19% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Buying Opportunity • May 26Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,286, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • May 10Now 21% undervaluedOver the last 90 days, the stock is up 3.5%. The fair value is estimated to be JP¥1,275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • Mar 14Now 24% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be JP¥1,333, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Mar 04Second quarter 2023 earnings released: EPS: JP¥28.22 (vs JP¥5.54 in 2Q 2022)Second quarter 2023 results: EPS: JP¥28.22 (up from JP¥5.54 in 2Q 2022). Revenue: JP¥2.27b (up 24% from 2Q 2022). Net income: JP¥428.0m (up 410% from 2Q 2022). Profit margin: 19% (up from 4.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Jan 28Nippon Ski Resort Development Co.,Ltd. to Report Q2, 2023 Results on Mar 03, 2023Nippon Ski Resort Development Co.,Ltd. announced that they will report Q2, 2023 results on Mar 03, 2023Reported Earnings • Dec 11First quarter 2023 earnings released: JP¥2.31 loss per share (vs JP¥13.59 loss in 1Q 2022)First quarter 2023 results: JP¥2.31 loss per share (improved from JP¥13.59 loss in 1Q 2022). Revenue: JP¥1.01b (up 38% from 1Q 2022). Net loss: JP¥35.0m (loss narrowed 83% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. CEO & Representative Director Shuhei Suzuki is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Nov 13High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. CEO & Representative Director Shuhei Suzuki is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 02Full year 2022 earnings released: EPS: JP¥2.11 (vs JP¥31.19 loss in FY 2021)Full year 2022 results: EPS: JP¥2.11 (up from JP¥31.19 loss in FY 2021). Revenue: JP¥5.57b (up 23% from FY 2021). Net income: JP¥32.0m (up JP¥512.0m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • Sep 28Nippon Ski Resort Development Co.,Ltd. to Report Q1, 2023 Results on Dec 09, 2022Nippon Ski Resort Development Co.,Ltd. announced that they will report Q1, 2023 results on Dec 09, 2022お知らせ • Sep 11Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 22, 2022Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 22, 2022.Reported Earnings • Sep 11Full year 2022 earnings released: EPS: JP¥2.11 (vs JP¥31.19 loss in FY 2021)Full year 2022 results: EPS: JP¥2.11 (up from JP¥31.19 loss in FY 2021). Revenue: JP¥5.57b (up 23% from FY 2021). Net income: JP¥32.0m (up JP¥512.0m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 21Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 25 October 2022. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.6%).Reported Earnings • Jun 05Third quarter 2022 earnings released: EPS: JP¥28.36 (vs JP¥16.08 in 3Q 2021)Third quarter 2022 results: EPS: JP¥28.36 (up from JP¥16.08 in 3Q 2021). Revenue: JP¥2.32b (up 26% from 3Q 2021). Net income: JP¥430.0m (up 76% from 3Q 2021). Profit margin: 19% (up from 13% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 06Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥5.54 (up from JP¥20.68 loss in 2Q 2021). Revenue: JP¥1.83b (up 22% from 2Q 2021). Net income: JP¥84.0m (up JP¥404.0m from 2Q 2021). Profit margin: 4.6% (up from net loss in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.お知らせ • Jan 28Nippon Ski Resort Development Co.,Ltd. to Report Q2, 2022 Results on Mar 04, 2022Nippon Ski Resort Development Co.,Ltd. announced that they will report Q2, 2022 results on Mar 04, 2022Reported Earnings • Dec 07First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: JP¥13.59 loss per share (down from JP¥4.07 loss in 1Q 2021). Revenue: JP¥732.0m (down 5.5% from 1Q 2021). Net loss: JP¥206.0m (loss widened 222% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 02Full year 2021 earnings released: JP¥31.19 loss per share (vs JP¥8.78 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥4.55b (down 25% from FY 2020). Net loss: JP¥480.0m (down 445% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 06Full year 2021 earnings released: JP¥31.19 loss per share (vs JP¥8.78 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥4.55b (down 25% from FY 2020). Net loss: JP¥480.0m (down 445% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 05Third quarter 2021 earnings released: EPS JP¥16.08 (vs JP¥33.82 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.84b (down 30% from 3Q 2020). Net income: JP¥244.0m (down 54% from 3Q 2020). Profit margin: 13% (down from 21% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 07Second quarter 2021 earnings released: JP¥20.68 loss per share (vs JP¥22.99 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥1.50b (down 36% from 2Q 2020). Net loss: JP¥320.0m (down 188% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • Mar 05+ 1 more updateNippon Ski Resort Development Co.,Ltd. to Report Q3, 2021 Results on Jun 04, 2021Nippon Ski Resort Development Co.,Ltd. announced that they will report Q3, 2021 results on Jun 04, 2021Is New 90 Day High Low • Jan 18New 90-day low: JP¥588The company is down 3.0% from its price of JP¥605 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 3.0% over the same period.Reported Earnings • Dec 17First quarter 2021 earnings released: JP¥4.07 loss per shareThe company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: JP¥775.0m (down 11% from 1Q 2020). Net loss: JP¥64.0m (loss widened JP¥55.0m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Dec 11New 90-day low: JP¥590The company is down 8.0% from its price of JP¥640 on 11 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 Hospitality industry, which is up 11% over the same period.Reported Earnings • Dec 06First quarter 2021 earnings released: JP¥4.07 loss per shareThe company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: JP¥775.0m (down 11% from 1Q 2020). Net loss: JP¥64.0m (loss widened JP¥55.0m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Aug 24Nippon Ski Resort Development Co.,Ltd. to Report Fiscal Year 2020 Results on Sep 04, 2020Nippon Ski Resort Development Co.,Ltd. announced that they will report fiscal year 2020 results on Sep 04, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Nippon Ski Resort DevelopmentLtd は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSE:6040 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数1/31/202610,9561,351-4972,868N/A10/31/202510,3671,334N/AN/AN/A7/31/202510,4611,586-682,707N/A4/30/202510,0901,622N/AN/AN/A1/31/20259,2831,379-5152,182N/A10/31/20248,5911,133N/AN/AN/A7/31/20248,2451,093-7561,968N/A4/30/20248,1021,164N/AN/AN/A1/31/20247,5361,046-1,2001,501N/A10/31/20236,995910N/AN/AN/A7/31/20236,8989522381,588N/A4/30/20236,797894N/AN/AN/A1/31/20236,2885474771,270N/A10/31/20225,848203N/AN/AN/A7/31/20225,569326231,216N/A4/30/20225,314-32N/AN/AN/A1/31/20224,830-218-75450N/A10/31/20214,503-622N/AN/AN/A7/31/20214,546-480-1,299-209N/A4/30/20214,361-892N/AN/AN/A1/31/20215,131-601-955361N/A10/31/20205,96584N/AN/AN/A7/31/20206,063139-221,006N/A4/30/20206,413742N/AN/AN/A1/31/20206,6498494221,296N/A10/31/20196,633779N/AN/AN/A7/31/20196,628607N/A1,043N/A4/30/20196,575334N/AN/AN/A1/31/20196,463350N/A825N/A10/31/20186,474413N/AN/AN/A7/31/20186,420379N/A774N/A4/30/20186,360538N/AN/AN/A1/31/20186,275330N/A772N/A10/31/20176,335321N/AN/AN/A7/31/20176,151245N/A1,025N/A4/30/20176,124109N/AN/AN/A1/31/20175,86496N/A700N/A10/31/20165,574-199N/AN/AN/A7/31/20165,584-117N/A235N/A4/30/20165,567155N/AN/AN/A1/31/20165,709240N/AN/AN/A10/31/20155,066342N/AN/AN/A7/31/20155,882706N/A660N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6040の予測収益成長が 貯蓄率 ( 0.8% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 6040の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 6040の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 6040の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 6040の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6040の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 02:59終値2026/05/21 00:00収益2026/01/31年間収益2025/07/31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Nippon Ski Resort Development Co.,Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Yoko MizoguchiIchiyoshi Research Institute Inc.Junko YamamuraNomura Securities Co. Ltd.
Reported Earnings • Mar 08Second quarter 2026 earnings released: EPS: JP¥17.97 (vs JP¥17.73 in 2Q 2025)Second quarter 2026 results: EPS: JP¥17.97 (up from JP¥17.73 in 2Q 2025). Revenue: JP¥4.09b (up 17% from 2Q 2025). Net income: JP¥827.0m (up 2.1% from 2Q 2025). Profit margin: 20% (down from 23% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jan 22Upcoming dividend of JP¥1.50 per shareEligible shareholders must have bought the stock before 29 January 2026. Payment date: 14 April 2026. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (0.9%).
分析記事 • Jan 09Investors Will Want Nippon Ski Resort DevelopmentLtd's (TSE:6040) Growth In ROCE To PersistFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Dec 08First quarter 2026 earnings released: JP¥6.29 loss per share (vs JP¥0.81 loss in 1Q 2025)First quarter 2026 results: JP¥6.29 loss per share (further deteriorated from JP¥0.81 loss in 1Q 2025). Revenue: JP¥1.36b (down 6.5% from 1Q 2025). Net loss: JP¥289.0m (loss widened JP¥252.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 29Nippon Ski Resort Development Co.,Ltd. to Report Q1, 2026 Results on Dec 05, 2025Nippon Ski Resort Development Co.,Ltd. announced that they will report Q1, 2026 results on Dec 05, 2025
New Risk • Sep 25New 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 5.1% 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: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.1% average weekly change).
分析記事 • Sep 19There May Be Underlying Issues With The Quality Of Nippon Ski Resort DevelopmentLtd's (TSE:6040) EarningsDespite announcing strong earnings, Nippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) stock was sluggish. We did...
Reported Earnings • Sep 14Full year 2025 earnings released: EPS: JP¥34.67 (vs JP¥23.99 in FY 2024)Full year 2025 results: EPS: JP¥34.67 (up from JP¥23.99 in FY 2024). Revenue: JP¥10.5b (up 27% from FY 2024). Net income: JP¥1.59b (up 45% from FY 2024). Profit margin: 15% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. 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 36% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 12Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 18, 2025Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 18, 2025.
分析記事 • Aug 28Optimistic Investors Push Nippon Ski Resort Development Co.,Ltd. (TSE:6040) Shares Up 25% But Growth Is LackingDespite an already strong run, Nippon Ski Resort Development Co.,Ltd. ( TSE:6040 ) shares have been powering on, with a...
Upcoming Dividend • Jul 23Upcoming dividend of JP¥3.50 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 21 October 2025. Payout ratio is a comfortable 9.4% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.9%). In line with average of industry peers (0.8%).
お知らせ • Jul 02Nippon Ski Resort Development Co.,Ltd. to Report Fiscal Year 2025 Results on Sep 12, 2025Nippon Ski Resort Development Co.,Ltd. announced that they will report fiscal year 2025 results on Sep 12, 2025
Reported Earnings • Jun 07Third quarter 2025 earnings released: EPS: JP¥24.86 (vs JP¥19.64 in 3Q 2024)Third quarter 2025 results: EPS: JP¥24.86 (up from JP¥19.64 in 3Q 2024). Revenue: JP¥4.20b (up 24% from 3Q 2024). Net income: JP¥1.14b (up 27% from 3Q 2024). Profit margin: 27% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 08Is Nippon Ski Resort DevelopmentLtd (TSE:6040) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Mar 16Nippon Ski Resort DevelopmentLtd's (TSE:6040) Solid Earnings May Rest On Weak FoundationsThe market shrugged off Nippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) solid earnings report. We think that...
Reported Earnings • Mar 08Second quarter 2025 earnings released: EPS: JP¥53.18 (vs JP¥37.15 in 2Q 2024)Second quarter 2025 results: EPS: JP¥53.18 (up from JP¥37.15 in 2Q 2024). Revenue: JP¥3.50b (up 25% from 2Q 2024). Net income: JP¥810.0m (up 44% from 2Q 2024). Profit margin: 23% (up from 20% in 2Q 2024). The increase in margin was driven by higher revenue. 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 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,316, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 115% over the past three years.
分析記事 • Jan 29Nippon Ski Resort DevelopmentLtd (TSE:6040) Is Experiencing Growth In Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
New Risk • Jan 17New 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 5.1% 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. This is currently the only risk that has been identified for the company.
分析記事 • Jan 10Nippon Ski Resort Development Co.,Ltd.'s (TSE:6040) 28% Price Boost Is Out Of Tune With EarningsNippon Ski Resort Development Co.,Ltd. ( TSE:6040 ) shares have continued their recent momentum with a 28% gain in the...
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,188, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Hospitality industry in Japan. Total returns to shareholders of 92% over the past three years.
Reported Earnings • Dec 11First quarter 2025 earnings released: JP¥2.43 loss per share (vs JP¥5.08 loss in 1Q 2024)First quarter 2025 results: JP¥2.43 loss per share (improved from JP¥5.08 loss in 1Q 2024). Revenue: JP¥1.45b (up 31% from 1Q 2024). Net loss: JP¥37.0m (loss narrowed 52% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 18Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Tomoko Kusamoto was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 28+ 2 more updatesNippon Ski Resort Development Co.,Ltd. to Report Q3, 2025 Results on Jun 06, 2025Nippon Ski Resort Development Co.,Ltd. announced that they will report Q3, 2025 results on Jun 06, 2025
分析記事 • Sep 14Solid Earnings May Not Tell The Whole Story For Nippon Ski Resort DevelopmentLtd (TSE:6040)Nippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) healthy profit numbers didn't contain any surprises for...
Reported Earnings • Sep 08Full year 2024 earnings released: EPS: JP¥71.97 (vs JP¥62.77 in FY 2023)Full year 2024 results: EPS: JP¥71.97 (up from JP¥62.77 in FY 2023). Revenue: JP¥8.25b (up 20% from FY 2023). Net income: JP¥1.09b (up 15% from FY 2023). Profit margin: 13% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 100% 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 • Sep 06Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 19, 2024Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 19, 2024.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥799, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 36% over the past three years.
Upcoming Dividend • Jul 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 July 2024. Payment date: 23 October 2024. Payout ratio is a comfortable 9.1% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (0.7%).
お知らせ • Jul 04Nippon Ski Resort Development Co.,Ltd. to Report Fiscal Year 2024 Results on Sep 06, 2024Nippon Ski Resort Development Co.,Ltd. announced that they will report fiscal year 2024 results on Sep 06, 2024
New Risk • Jun 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • Jun 10Third quarter 2024 earnings released: EPS: JP¥58.91 (vs JP¥51.23 in 3Q 2023)Third quarter 2024 results: EPS: JP¥58.91 (up from JP¥51.23 in 3Q 2023). Revenue: JP¥3.40b (up 20% from 3Q 2023). Net income: JP¥895.0m (up 15% from 3Q 2023). Profit margin: 26% (down from 27% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
New Risk • Apr 19New 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 5.8% 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: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).
New Risk • Apr 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥15.3b market cap, or US$98.6m).
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥973, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 28x in the Hospitality industry in Japan. Total returns to shareholders of 67% over the past three years.
分析記事 • Mar 15Nippon Ski Resort DevelopmentLtd's (TSE:6040) Earnings Are Of Questionable QualityNippon Ski Resort Development Co.,Ltd.'s ( TSE:6040 ) robust earnings report didn't manage to move the market for its...
Reported Earnings • Mar 09Second quarter 2024 earnings released: EPS: JP¥37.15 (vs JP¥28.22 in 2Q 2023)Second quarter 2024 results: EPS: JP¥37.15 (up from JP¥28.22 in 2Q 2023). Revenue: JP¥2.81b (up 24% from 2Q 2023). Net income: JP¥564.0m (up 32% from 2Q 2023). Profit margin: 20% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 31+ 1 more updateNippon Ski Resort Development Co.,Ltd. to Report Q2, 2024 Results on Mar 08, 2024Nippon Ski Resort Development Co.,Ltd. announced that they will report Q2, 2024 results on Mar 08, 2024
Reported Earnings • Dec 12First quarter 2024 earnings released: JP¥5.08 loss per share (vs JP¥2.31 loss in 1Q 2023)First quarter 2024 results: JP¥5.08 loss per share (further deteriorated from JP¥2.31 loss in 1Q 2023). Revenue: JP¥1.11b (up 9.6% from 1Q 2023). Net loss: JP¥77.0m (loss widened 120% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 09High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. 1 highly experienced director. CEO & Representative Director Shuhei Suzuki is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 02Full year 2023 earnings released: EPS: JP¥62.77 (vs JP¥2.11 in FY 2022)Full year 2023 results: EPS: JP¥62.77 (up from JP¥2.11 in FY 2022). Revenue: JP¥6.90b (up 24% from FY 2022). Net income: JP¥952.0m (up JP¥920.0m from FY 2022). Profit margin: 14% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.5b (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (JP¥14.5b market cap, or US$97.2m).
Reported Earnings • Sep 11Full year 2023 earnings released: EPS: JP¥62.77 (vs JP¥2.11 in FY 2022)Full year 2023 results: EPS: JP¥62.77 (up from JP¥2.11 in FY 2022). Revenue: JP¥6.90b (up 24% from FY 2022). Net income: JP¥952.0m (up JP¥920.0m from FY 2022). Profit margin: 14% (up from 0.6% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 10Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 21, 2023Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 21, 2023.
Upcoming Dividend • Jul 21Upcoming dividend of JP¥7.00 per share at 0.7% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (0.5%).
Reported Earnings • Jun 11Third quarter 2023 earnings released: EPS: JP¥51.23 (vs JP¥28.36 in 3Q 2022)Third quarter 2023 results: EPS: JP¥51.23 (up from JP¥28.36 in 3Q 2022). Revenue: JP¥2.83b (up 22% from 3Q 2022). Net income: JP¥777.0m (up 81% from 3Q 2022). Profit margin: 27% (up from 19% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • May 26Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be JP¥1,286, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • May 10Now 21% undervaluedOver the last 90 days, the stock is up 3.5%. The fair value is estimated to be JP¥1,275, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • Mar 14Now 24% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be JP¥1,333, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Mar 04Second quarter 2023 earnings released: EPS: JP¥28.22 (vs JP¥5.54 in 2Q 2022)Second quarter 2023 results: EPS: JP¥28.22 (up from JP¥5.54 in 2Q 2022). Revenue: JP¥2.27b (up 24% from 2Q 2022). Net income: JP¥428.0m (up 410% from 2Q 2022). Profit margin: 19% (up from 4.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Jan 28Nippon Ski Resort Development Co.,Ltd. to Report Q2, 2023 Results on Mar 03, 2023Nippon Ski Resort Development Co.,Ltd. announced that they will report Q2, 2023 results on Mar 03, 2023
Reported Earnings • Dec 11First quarter 2023 earnings released: JP¥2.31 loss per share (vs JP¥13.59 loss in 1Q 2022)First quarter 2023 results: JP¥2.31 loss per share (improved from JP¥13.59 loss in 1Q 2022). Revenue: JP¥1.01b (up 38% from 1Q 2022). Net loss: JP¥35.0m (loss narrowed 83% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. CEO & Representative Director Shuhei Suzuki is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Nov 13High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. 1 highly experienced director. CEO & Representative Director Shuhei Suzuki is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 02Full year 2022 earnings released: EPS: JP¥2.11 (vs JP¥31.19 loss in FY 2021)Full year 2022 results: EPS: JP¥2.11 (up from JP¥31.19 loss in FY 2021). Revenue: JP¥5.57b (up 23% from FY 2021). Net income: JP¥32.0m (up JP¥512.0m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 28Nippon Ski Resort Development Co.,Ltd. to Report Q1, 2023 Results on Dec 09, 2022Nippon Ski Resort Development Co.,Ltd. announced that they will report Q1, 2023 results on Dec 09, 2022
お知らせ • Sep 11Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 22, 2022Nippon Ski Resort Development Co.,Ltd., Annual General Meeting, Oct 22, 2022.
Reported Earnings • Sep 11Full year 2022 earnings released: EPS: JP¥2.11 (vs JP¥31.19 loss in FY 2021)Full year 2022 results: EPS: JP¥2.11 (up from JP¥31.19 loss in FY 2021). Revenue: JP¥5.57b (up 23% from FY 2021). Net income: JP¥32.0m (up JP¥512.0m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 21Upcoming dividend of JP¥7.00 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 25 October 2022. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.6%).
Reported Earnings • Jun 05Third quarter 2022 earnings released: EPS: JP¥28.36 (vs JP¥16.08 in 3Q 2021)Third quarter 2022 results: EPS: JP¥28.36 (up from JP¥16.08 in 3Q 2021). Revenue: JP¥2.32b (up 26% from 3Q 2021). Net income: JP¥430.0m (up 76% from 3Q 2021). Profit margin: 19% (up from 13% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 06Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥5.54 (up from JP¥20.68 loss in 2Q 2021). Revenue: JP¥1.83b (up 22% from 2Q 2021). Net income: JP¥84.0m (up JP¥404.0m from 2Q 2021). Profit margin: 4.6% (up from net loss in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 28Nippon Ski Resort Development Co.,Ltd. to Report Q2, 2022 Results on Mar 04, 2022Nippon Ski Resort Development Co.,Ltd. announced that they will report Q2, 2022 results on Mar 04, 2022
Reported Earnings • Dec 07First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: JP¥13.59 loss per share (down from JP¥4.07 loss in 1Q 2021). Revenue: JP¥732.0m (down 5.5% from 1Q 2021). Net loss: JP¥206.0m (loss widened 222% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 02Full year 2021 earnings released: JP¥31.19 loss per share (vs JP¥8.78 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥4.55b (down 25% from FY 2020). Net loss: JP¥480.0m (down 445% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 06Full year 2021 earnings released: JP¥31.19 loss per share (vs JP¥8.78 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥4.55b (down 25% from FY 2020). Net loss: JP¥480.0m (down 445% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 05Third quarter 2021 earnings released: EPS JP¥16.08 (vs JP¥33.82 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥1.84b (down 30% from 3Q 2020). Net income: JP¥244.0m (down 54% from 3Q 2020). Profit margin: 13% (down from 21% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 07Second quarter 2021 earnings released: JP¥20.68 loss per share (vs JP¥22.99 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥1.50b (down 36% from 2Q 2020). Net loss: JP¥320.0m (down 188% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 05+ 1 more updateNippon Ski Resort Development Co.,Ltd. to Report Q3, 2021 Results on Jun 04, 2021Nippon Ski Resort Development Co.,Ltd. announced that they will report Q3, 2021 results on Jun 04, 2021
Is New 90 Day High Low • Jan 18New 90-day low: JP¥588The company is down 3.0% from its price of JP¥605 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 3.0% over the same period.
Reported Earnings • Dec 17First quarter 2021 earnings released: JP¥4.07 loss per shareThe company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: JP¥775.0m (down 11% from 1Q 2020). Net loss: JP¥64.0m (loss widened JP¥55.0m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Dec 11New 90-day low: JP¥590The company is down 8.0% from its price of JP¥640 on 11 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 Hospitality industry, which is up 11% over the same period.
Reported Earnings • Dec 06First quarter 2021 earnings released: JP¥4.07 loss per shareThe company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: JP¥775.0m (down 11% from 1Q 2020). Net loss: JP¥64.0m (loss widened JP¥55.0m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Aug 24Nippon Ski Resort Development Co.,Ltd. to Report Fiscal Year 2020 Results on Sep 04, 2020Nippon Ski Resort Development Co.,Ltd. announced that they will report fiscal year 2020 results on Sep 04, 2020