View ValuationHakuten 将来の成長Future 基準チェック /06現在、 Hakuten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Media 収益成長16.2%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 • May 20First quarter 2026 earnings released: EPS: JP¥6.45 (vs JP¥12.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥6.45 (down from JP¥12.36 in 1Q 2025). Revenue: JP¥4.81b (up 14% from 1Q 2025). Net income: JP¥101.0m (down 47% from 1Q 2025). Profit margin: 2.1% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥741, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 141% over the past three years.Reported Earnings • Apr 04Full year 2025 earnings released: EPS: JP¥123 (vs JP¥64.52 in FY 2024)Full year 2025 results: EPS: JP¥123 (up from JP¥64.52 in FY 2024). Revenue: JP¥23.3b (up 24% from FY 2024). Net income: JP¥1.91b (up 92% from FY 2024). Profit margin: 8.2% (up from 5.3% 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 38% per year whereas the company’s share price has increased by 39% per year.Reported Earnings • Feb 18Full year 2025 earnings released: EPS: JP¥123 (vs JP¥64.52 in FY 2024)Full year 2025 results: EPS: JP¥123 (up from JP¥64.52 in FY 2024). Revenue: JP¥23.3b (up 24% from FY 2024). Net income: JP¥1.91b (up 92% from FY 2024). Profit margin: 8.2% (up from 5.3% 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 38% per year whereas the company’s share price has increased by 39% per year.お知らせ • Feb 16Hakuten Corporation, Annual General Meeting, Mar 27, 2026Hakuten Corporation, Annual General Meeting, Mar 27, 2026.Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 44% to JP¥955. The fair value is estimated to be JP¥1,201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 31%.分析記事 • Jan 20Do Hakuten's (TSE:2173) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).お知らせ • Dec 03Hakuten Corporation to Report Fiscal Year 2025 Results on Feb 16, 2026Hakuten Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Feb 16, 2026Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥811, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 131% over the past three years.分析記事 • Nov 18Hakuten Corporation (TSE:2173) Soars 27% But It's A Story Of Risk Vs RewardThe Hakuten Corporation ( TSE:2173 ) share price has done very well over the last month, posting an excellent gain of...Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥17.27 (vs JP¥27.30 in 3Q 2024)Third quarter 2025 results: EPS: JP¥17.27 (down from JP¥27.30 in 3Q 2024). Revenue: JP¥4.64b (down 23% from 3Q 2024). Net income: JP¥270.0m (down 36% from 3Q 2024). Profit margin: 5.8% (down from 7.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year.Buy Or Sell Opportunity • Nov 12Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to JP¥642. The fair value is estimated to be JP¥528, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 25%.お知らせ • Sep 01Hakuten Corporation to Report Q3, 2025 Results on Nov 12, 2025Hakuten Corporation announced that they will report Q3, 2025 results on Nov 12, 2025Reported Earnings • Aug 08Second quarter 2025 earnings releasedSecond quarter 2025 results: EPS: JP¥38.52. Net income: JP¥601.0m (up JP¥601.0m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 07If EPS Growth Is Important To You, Hakuten (TSE:2173) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...分析記事 • Aug 07Hakuten Corporation's (TSE:2173) Shares Leap 30% Yet They're Still Not Telling The Full StoryTSE:2173 1 Year Share Price vs Fair Value Explore Hakuten's Fair Values from the Community and select yours Hakuten...Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥661, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 18x in the Media industry in Japan. Total returns to shareholders of 106% over the past three years.Upcoming Dividend • Jun 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.1%).お知らせ • May 31Hakuten Corporation to Report Q2, 2025 Results on Aug 07, 2025Hakuten Corporation announced that they will report Q2, 2025 results on Aug 07, 2025Reported Earnings • May 15First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥12.36. Net income: JP¥192.0m (up JP¥192.0m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.分析記事 • May 07Further Upside For Hakuten Corporation (TSE:2173) Shares Could Introduce Price Risks After 27% BounceThose holding Hakuten Corporation ( TSE:2173 ) shares would be relieved that the share price has rebounded 27% in the...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥416, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 74% over the past three years.分析記事 • Apr 06Hakuten (TSE:2173) Ticks All The Boxes When It Comes To Earnings GrowthInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥64.52 (vs JP¥56.44 in FY 2023)Full year 2024 results: EPS: JP¥64.52 (up from JP¥56.44 in FY 2023). Revenue: JP¥18.8b (up 8.4% from FY 2023). Net income: JP¥999.0m (up 15% from FY 2023). Profit margin: 5.3% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 01Hakuten Corporation to Report Q1, 2025 Results on May 13, 2025Hakuten Corporation announced that they will report Q1, 2025 results on May 13, 2025Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥64.52 (vs JP¥56.44 in FY 2023)Full year 2024 results: EPS: JP¥64.52 (up from JP¥56.44 in FY 2023). Revenue: JP¥18.8b (up 8.4% from FY 2023). Net income: JP¥999.0m (up 15% from FY 2023). Profit margin: 5.3% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14Hakuten Corporation, Annual General Meeting, Mar 28, 2025Hakuten Corporation, Annual General Meeting, Mar 28, 2025.お知らせ • Feb 13Hakuten Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025Hakuten Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025Upcoming Dividend • Dec 20Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 07 March 2025. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%).Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥511, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 15x in the Media industry in Japan. Total returns to shareholders of 111% over the past three years.New Risk • Oct 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥9.62b market cap, or US$64.2m).New Risk • Sep 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥9.92b market cap, or US$70.4m).分析記事 • Sep 04Is Now The Time To Put Hakuten (TSE:2173) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...お知らせ • Aug 27Hakuten Corporation to Report Q3, 2024 Results on Nov 12, 2024Hakuten Corporation announced that they will report Q3, 2024 results on Nov 12, 2024分析記事 • Aug 05Little Excitement Around Hakuten Corporation's (TSE:2173) Earnings As Shares Take 32% PoundingTo the annoyance of some shareholders, Hakuten Corporation ( TSE:2173 ) shares are down a considerable 32% in the last...New Risk • Aug 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥5.25b market cap, or US$36.9m).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥339, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 74% over the past three years.分析記事 • Mar 25Is Hakuten (TSE:2173) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Feb 27Hakuten Corporation (TSE:2173) Shares Fly 34% But Investors Aren't Buying For GrowthHakuten Corporation ( TSE:2173 ) shares have continued their recent momentum with a 34% gain in the last month alone...お知らせ • Feb 24Hakuten Corporation to Report Q1, 2024 Results on May 14, 2024Hakuten Corporation announced that they will report Q1, 2024 results on May 14, 2024Reported Earnings • Feb 20Third quarter 2024 earnings released: EPS: JP¥86.23 (vs JP¥27.99 in 3Q 2023)Third quarter 2024 results: EPS: JP¥86.23 (up from JP¥27.99 in 3Q 2023). Revenue: JP¥6.84b (up 68% from 3Q 2023). Net income: JP¥665.0m (up 211% from 3Q 2023). Profit margin: 9.7% (up from 5.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 41% per year.お知らせ • Feb 16Hakuten Corporation, Annual General Meeting, Mar 28, 2024Hakuten Corporation, Annual General Meeting, Mar 28, 2024.New Risk • Feb 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.7% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (JP¥8.07b market cap, or US$54.1m).Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,047, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 17x in the Media industry in Japan. Total returns to shareholders of 196% over the past three years.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥843, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 159% over the past three years.Upcoming Dividend • Dec 21Upcoming dividend of JP¥20.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 10 June 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.7%).お知らせ • Dec 05Hakuten Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024Hakuten Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024Reported Earnings • Nov 18Second quarter 2024 earnings released: EPS: JP¥7.02 (vs JP¥14.07 in 2Q 2023)Second quarter 2024 results: EPS: JP¥7.02 (down from JP¥14.07 in 2Q 2023). Revenue: JP¥3.25b (up 19% from 2Q 2023). Net income: JP¥54.0m (down 50% from 2Q 2023). Profit margin: 1.7% (down from 3.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 30Hakuten Corporation to Report Q2, 2024 Results on Nov 14, 2023Hakuten Corporation announced that they will report Q2, 2024 results on Nov 14, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: JP¥5.36 loss per share (vs JP¥5.63 profit in 1Q 2023)First quarter 2024 results: JP¥5.36 loss per share (down from JP¥5.63 profit in 1Q 2023). Revenue: JP¥3.04b (up 5.4% from 1Q 2023). Net loss: JP¥41.0m (down 193% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • May 28Hakuten Corporation to Report Q1, 2024 Results on Aug 09, 2023Hakuten Corporation announced that they will report Q1, 2024 results on Aug 09, 2023Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥72.04 (vs JP¥97.14 in FY 2022)Full year 2023 results: EPS: JP¥72.04 (down from JP¥97.14 in FY 2022). Revenue: JP¥13.9b (up 31% from FY 2022). Net income: JP¥553.0m (down 27% from FY 2022). Profit margin: 4.0% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).Reported Earnings • Feb 15Third quarter 2023 earnings released: EPS: JP¥27.99 (vs JP¥14.71 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.99 (up from JP¥14.71 in 3Q 2022). Revenue: JP¥4.08b (up 59% from 3Q 2022). Net income: JP¥214.0m (up 86% from 3Q 2022). Profit margin: 5.3% (up from 4.5% 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 63% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥655, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 14x in the Media industry in Japan. Total loss to shareholders of 4.3% over the past three years.お知らせ • Nov 30Hakuten Corporation to Report Q3, 2023 Results on Feb 14, 2023Hakuten Corporation announced that they will report Q3, 2023 results on Feb 14, 2023Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent External Director Hiroyuki Kanamori was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Aug 28Hakuten Corporation to Report Q2, 2023 Results on Nov 14, 2022Hakuten Corporation announced that they will report Q2, 2023 results on Nov 14, 2022Reported Earnings • Aug 17First quarter 2023 earnings released: EPS: JP¥5.63 (vs JP¥27.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥5.63 (down from JP¥27.10 in 1Q 2022). Revenue: JP¥2.88b (up 96% from 1Q 2022). Net income: JP¥44.0m (down 79% from 1Q 2022). Profit margin: 1.5% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥721, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 13x in the Media industry in Japan. Total returns to shareholders of 30% over the past three years.お知らせ • May 29Hakuten Corporation to Report Q1, 2023 Results on Aug 15, 2022Hakuten Corporation announced that they will report Q1, 2023 results on Aug 15, 2022Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥97.14 (vs JP¥24.18 loss in FY 2021)Full year 2022 results: EPS: JP¥97.14 (up from JP¥24.18 loss in FY 2021). Revenue: JP¥10.6b (up 46% from FY 2021). Net income: JP¥760.0m (up JP¥949.0m from FY 2021). Profit margin: 7.2% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • May 15Hakuten Corporation, Annual General Meeting, Jun 29, 2022Hakuten Corporation, Annual General Meeting, Jun 29, 2022.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 1 independent director (5 non-independent directors). Independent External Director Hiroyuki Kanamori was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 08Hakuten Corporation to Report Fiscal Year 2022 Results on May 13, 2022Hakuten Corporation announced that they will report fiscal year 2022 results on May 13, 2022Reported Earnings • Nov 19Second quarter 2022 earnings released: EPS JP¥10.11 (vs JP¥12.66 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.36b (up 76% from 2Q 2021). Net income: JP¥79.0m (up JP¥178.0m from 2Q 2021). Profit margin: 3.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year and the company’s share price has also fallen by 14% per year.お知らせ • Aug 28Hakuten Corporation (JASDAQ:2173) signed a contract to acquire 87.3% stake in Nichinan Co., Ltd from Yukitaka Sugimoto for ¥70 million.Hakuten Corporation (JASDAQ:2173) signed a contract to acquire 87.3% stake in Nichinan Co., Ltd from Yukitaka Sugimoto for ¥70 million on August 26, 2021. As per terms of transaction, Hakuten Corporation will acquire 546 shares and post completion, Nichinan Co., Ltd willoperate as a subsidiary of Hakuten Corporation. As on March 31, 2021 Nichinan Co., Ltd reported Net assets of ¥144 million, Total assets of ¥440 million, Sales of ¥187 million, operating income of ¥-41 million and Net income of ¥0 million. Transaction is expected to complete on September 30, 2021. the impact of the acquisition of shares on Hakuten Corporation consolidated financial results for the fiscal year ending March 2022 will be minor.Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥27.10 (vs JP¥40.38 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¥1.47b (up 18% from 1Q 2021). Net income: JP¥212.0m (up JP¥527.0m from 1Q 2021). Profit margin: 14% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 56% 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.Reported Earnings • May 14Full year 2021 earnings released: JP¥19.58 loss per share (vs JP¥51.81 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¥7.27b (down 44% from FY 2020). Net loss: JP¥153.0m (down 137% 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 70 percentage points per year, which is a significant difference in performance.お知らせ • May 01infoNet inc. (TSE:4444) completed the acquisition of IACTCorporation from Hakuten Corporation (JASDAQ:2173).infoNet inc. (TSE:4444) entered into a share transfer agreement to acquire IACTCorporation from Hakuten Corporation (JASDAQ:2173) for approximately ¥640 million on April 15, 2021. infoNet inc. will acquire 5880 shares of IACTCorporation. After the transaction, IACTCorporation will operate as a subsidiary of infoNet inc. The Board of Directors of infoNet inc. passed a resolution for the transaction on April 15, 2021. The transaction is expected to be completed on April 30, 2021. infoNet inc. (TSE:4444) completed the acquisition of IACTCorporation from Hakuten Corporation (JASDAQ:2173) on April 30, 2021.お知らせ • Mar 04Hakuten Corporation to Report Fiscal Year 2021 Results on May 12, 2021Hakuten Corporation announced that they will report fiscal year 2021 results on May 12, 2021Is New 90 Day High Low • Feb 24New 90-day high: JP¥430The company is up 13% from its price of JP¥381 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 11% over the same period.分析記事 • Feb 20Here's Why Hakuten (TYO:2173) Can Afford Some DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Reported Earnings • Feb 17Third quarter 2021 earnings released: JP¥1.79 loss per share (vs JP¥27.28 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.11b (down 42% from 3Q 2020). Net loss: JP¥14.0m (down 107% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 08New 90-day high: JP¥405The company is up 4.0% from its price of JP¥390 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 13% over the same period.Is New 90 Day High Low • Jan 07New 90-day low: JP¥352The company is down 13% from its price of JP¥403 on 09 October 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 1.0% over the same period.お知らせ • Nov 28Hakuten Corporation to Report Q3, 2021 Results on Feb 15, 2021Hakuten Corporation announced that they will report Q3, 2021 results on Feb 15, 2021Reported Earnings • Nov 11Second quarter 2021 earnings released: JP¥12.66 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥1.34b (down 61% from 2Q 2020). Net loss: JP¥99.0m (down 178% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Sep 03Hakuten Corporation to Report Q2, 2021 Results on Nov 09, 2020Hakuten Corporation announced that they will report Q2, 2021 results on Nov 09, 2020お知らせ • Jun 19Hakuten Corporation to Report Q1, 2021 Results on Aug 14, 2020Hakuten Corporation announced that they will report Q1, 2021 results on Aug 14, 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、Hakuten 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:2173 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202623,9081,822N/AN/AN/A12/31/202523,3361,9132,6472,704N/A9/30/202520,9481,487N/AN/AN/A6/30/202519,0901,112886981N/A3/31/202518,622999N/AN/AN/A12/31/202418,8459999881,100N/A12/31/202317,3868668311,453N/A9/30/202314,617415-22576N/A6/30/202314,099468N/AN/AN/A3/31/202313,943553-56114N/A12/31/202213,924719N/AN/AN/A9/30/202212,411620519634N/A6/30/202212,035592N/AN/AN/A3/31/202210,626760404487N/A12/31/20218,970645N/AN/AN/A9/30/20218,5145164984N/A6/30/20217,493338N/AN/AN/A3/31/20217,272-18988167N/A12/31/20208,238-337N/AN/AN/A9/30/20209,771-10736178N/A6/30/202011,822119N/AN/AN/A3/31/202012,921409265405N/A12/31/201912,82296N/AN/AN/A9/30/201912,610-39N/A805N/A6/30/201912,567-28N/AN/AN/A3/31/201912,87377N/A892N/A12/31/201812,666341N/AN/AN/A9/30/201812,890396N/A341N/A6/30/201812,172340N/AN/AN/A3/31/201811,777237N/A780N/A12/31/201711,300102N/AN/AN/A9/30/201710,182-126N/A192N/A6/30/20179,759-217N/AN/AN/A3/31/20179,268-369N/A-251N/A12/31/20168,713-232N/AN/AN/A9/30/20168,337-102N/A-66N/A6/30/20168,041-78N/AN/AN/A3/31/20168,08897N/A-88N/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: 2173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: 2173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: 2173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: 2173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: 2173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: 2173の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 10:41終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31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Hakuten Corporation 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。0
Reported Earnings • May 20First quarter 2026 earnings released: EPS: JP¥6.45 (vs JP¥12.36 in 1Q 2025)First quarter 2026 results: EPS: JP¥6.45 (down from JP¥12.36 in 1Q 2025). Revenue: JP¥4.81b (up 14% from 1Q 2025). Net income: JP¥101.0m (down 47% from 1Q 2025). Profit margin: 2.1% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥741, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 141% over the past three years.
Reported Earnings • Apr 04Full year 2025 earnings released: EPS: JP¥123 (vs JP¥64.52 in FY 2024)Full year 2025 results: EPS: JP¥123 (up from JP¥64.52 in FY 2024). Revenue: JP¥23.3b (up 24% from FY 2024). Net income: JP¥1.91b (up 92% from FY 2024). Profit margin: 8.2% (up from 5.3% 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 38% per year whereas the company’s share price has increased by 39% per year.
Reported Earnings • Feb 18Full year 2025 earnings released: EPS: JP¥123 (vs JP¥64.52 in FY 2024)Full year 2025 results: EPS: JP¥123 (up from JP¥64.52 in FY 2024). Revenue: JP¥23.3b (up 24% from FY 2024). Net income: JP¥1.91b (up 92% from FY 2024). Profit margin: 8.2% (up from 5.3% 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 38% per year whereas the company’s share price has increased by 39% per year.
お知らせ • Feb 16Hakuten Corporation, Annual General Meeting, Mar 27, 2026Hakuten Corporation, Annual General Meeting, Mar 27, 2026.
Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 44% to JP¥955. The fair value is estimated to be JP¥1,201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 31%.
分析記事 • Jan 20Do Hakuten's (TSE:2173) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 10 March 2026. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%).
お知らせ • Dec 03Hakuten Corporation to Report Fiscal Year 2025 Results on Feb 16, 2026Hakuten Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Feb 16, 2026
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥811, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 131% over the past three years.
分析記事 • Nov 18Hakuten Corporation (TSE:2173) Soars 27% But It's A Story Of Risk Vs RewardThe Hakuten Corporation ( TSE:2173 ) share price has done very well over the last month, posting an excellent gain of...
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: JP¥17.27 (vs JP¥27.30 in 3Q 2024)Third quarter 2025 results: EPS: JP¥17.27 (down from JP¥27.30 in 3Q 2024). Revenue: JP¥4.64b (down 23% from 3Q 2024). Net income: JP¥270.0m (down 36% from 3Q 2024). Profit margin: 5.8% (down from 7.1% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year.
Buy Or Sell Opportunity • Nov 12Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to JP¥642. The fair value is estimated to be JP¥528, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 25%.
お知らせ • Sep 01Hakuten Corporation to Report Q3, 2025 Results on Nov 12, 2025Hakuten Corporation announced that they will report Q3, 2025 results on Nov 12, 2025
Reported Earnings • Aug 08Second quarter 2025 earnings releasedSecond quarter 2025 results: EPS: JP¥38.52. Net income: JP¥601.0m (up JP¥601.0m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 07If EPS Growth Is Important To You, Hakuten (TSE:2173) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
分析記事 • Aug 07Hakuten Corporation's (TSE:2173) Shares Leap 30% Yet They're Still Not Telling The Full StoryTSE:2173 1 Year Share Price vs Fair Value Explore Hakuten's Fair Values from the Community and select yours Hakuten...
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥661, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 18x in the Media industry in Japan. Total returns to shareholders of 106% over the past three years.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.1%).
お知らせ • May 31Hakuten Corporation to Report Q2, 2025 Results on Aug 07, 2025Hakuten Corporation announced that they will report Q2, 2025 results on Aug 07, 2025
Reported Earnings • May 15First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥12.36. Net income: JP¥192.0m (up JP¥192.0m from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 22% per year.
分析記事 • May 07Further Upside For Hakuten Corporation (TSE:2173) Shares Could Introduce Price Risks After 27% BounceThose holding Hakuten Corporation ( TSE:2173 ) shares would be relieved that the share price has rebounded 27% in the...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥416, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 74% over the past three years.
分析記事 • Apr 06Hakuten (TSE:2173) Ticks All The Boxes When It Comes To Earnings GrowthInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Reported Earnings • Apr 05Full year 2024 earnings released: EPS: JP¥64.52 (vs JP¥56.44 in FY 2023)Full year 2024 results: EPS: JP¥64.52 (up from JP¥56.44 in FY 2023). Revenue: JP¥18.8b (up 8.4% from FY 2023). Net income: JP¥999.0m (up 15% from FY 2023). Profit margin: 5.3% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 01Hakuten Corporation to Report Q1, 2025 Results on May 13, 2025Hakuten Corporation announced that they will report Q1, 2025 results on May 13, 2025
Reported Earnings • Feb 16Full year 2024 earnings released: EPS: JP¥64.52 (vs JP¥56.44 in FY 2023)Full year 2024 results: EPS: JP¥64.52 (up from JP¥56.44 in FY 2023). Revenue: JP¥18.8b (up 8.4% from FY 2023). Net income: JP¥999.0m (up 15% from FY 2023). Profit margin: 5.3% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14Hakuten Corporation, Annual General Meeting, Mar 28, 2025Hakuten Corporation, Annual General Meeting, Mar 28, 2025.
お知らせ • Feb 13Hakuten Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025Hakuten Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025
Upcoming Dividend • Dec 20Upcoming dividend of JP¥9.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 07 March 2025. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥511, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 15x in the Media industry in Japan. Total returns to shareholders of 111% over the past three years.
New Risk • Oct 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥9.62b market cap, or US$64.2m).
New Risk • Sep 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥9.92b market cap, or US$70.4m).
分析記事 • Sep 04Is Now The Time To Put Hakuten (TSE:2173) On Your Watchlist?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
お知らせ • Aug 27Hakuten Corporation to Report Q3, 2024 Results on Nov 12, 2024Hakuten Corporation announced that they will report Q3, 2024 results on Nov 12, 2024
分析記事 • Aug 05Little Excitement Around Hakuten Corporation's (TSE:2173) Earnings As Shares Take 32% PoundingTo the annoyance of some shareholders, Hakuten Corporation ( TSE:2173 ) shares are down a considerable 32% in the last...
New Risk • Aug 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥5.25b market cap, or US$36.9m).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥339, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 74% over the past three years.
分析記事 • Mar 25Is Hakuten (TSE:2173) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Feb 27Hakuten Corporation (TSE:2173) Shares Fly 34% But Investors Aren't Buying For GrowthHakuten Corporation ( TSE:2173 ) shares have continued their recent momentum with a 34% gain in the last month alone...
お知らせ • Feb 24Hakuten Corporation to Report Q1, 2024 Results on May 14, 2024Hakuten Corporation announced that they will report Q1, 2024 results on May 14, 2024
Reported Earnings • Feb 20Third quarter 2024 earnings released: EPS: JP¥86.23 (vs JP¥27.99 in 3Q 2023)Third quarter 2024 results: EPS: JP¥86.23 (up from JP¥27.99 in 3Q 2023). Revenue: JP¥6.84b (up 68% from 3Q 2023). Net income: JP¥665.0m (up 211% from 3Q 2023). Profit margin: 9.7% (up from 5.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 41% per year.
お知らせ • Feb 16Hakuten Corporation, Annual General Meeting, Mar 28, 2024Hakuten Corporation, Annual General Meeting, Mar 28, 2024.
New Risk • Feb 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.7% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (JP¥8.07b market cap, or US$54.1m).
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,047, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 17x in the Media industry in Japan. Total returns to shareholders of 196% over the past three years.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥843, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 16x in the Media industry in Japan. Total returns to shareholders of 159% over the past three years.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥20.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 10 June 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.7%).
お知らせ • Dec 05Hakuten Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024Hakuten Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024
Reported Earnings • Nov 18Second quarter 2024 earnings released: EPS: JP¥7.02 (vs JP¥14.07 in 2Q 2023)Second quarter 2024 results: EPS: JP¥7.02 (down from JP¥14.07 in 2Q 2023). Revenue: JP¥3.25b (up 19% from 2Q 2023). Net income: JP¥54.0m (down 50% from 2Q 2023). Profit margin: 1.7% (down from 3.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 30Hakuten Corporation to Report Q2, 2024 Results on Nov 14, 2023Hakuten Corporation announced that they will report Q2, 2024 results on Nov 14, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: JP¥5.36 loss per share (vs JP¥5.63 profit in 1Q 2023)First quarter 2024 results: JP¥5.36 loss per share (down from JP¥5.63 profit in 1Q 2023). Revenue: JP¥3.04b (up 5.4% from 1Q 2023). Net loss: JP¥41.0m (down 193% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • May 28Hakuten Corporation to Report Q1, 2024 Results on Aug 09, 2023Hakuten Corporation announced that they will report Q1, 2024 results on Aug 09, 2023
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥72.04 (vs JP¥97.14 in FY 2022)Full year 2023 results: EPS: JP¥72.04 (down from JP¥97.14 in FY 2022). Revenue: JP¥13.9b (up 31% from FY 2022). Net income: JP¥553.0m (down 27% from FY 2022). Profit margin: 4.0% (down from 7.2% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%).
Reported Earnings • Feb 15Third quarter 2023 earnings released: EPS: JP¥27.99 (vs JP¥14.71 in 3Q 2022)Third quarter 2023 results: EPS: JP¥27.99 (up from JP¥14.71 in 3Q 2022). Revenue: JP¥4.08b (up 59% from 3Q 2022). Net income: JP¥214.0m (up 86% from 3Q 2022). Profit margin: 5.3% (up from 4.5% 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 63% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥655, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 14x in the Media industry in Japan. Total loss to shareholders of 4.3% over the past three years.
お知らせ • Nov 30Hakuten Corporation to Report Q3, 2023 Results on Feb 14, 2023Hakuten Corporation announced that they will report Q3, 2023 results on Feb 14, 2023
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent External Director Hiroyuki Kanamori was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Aug 28Hakuten Corporation to Report Q2, 2023 Results on Nov 14, 2022Hakuten Corporation announced that they will report Q2, 2023 results on Nov 14, 2022
Reported Earnings • Aug 17First quarter 2023 earnings released: EPS: JP¥5.63 (vs JP¥27.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥5.63 (down from JP¥27.10 in 1Q 2022). Revenue: JP¥2.88b (up 96% from 1Q 2022). Net income: JP¥44.0m (down 79% from 1Q 2022). Profit margin: 1.5% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥721, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 13x in the Media industry in Japan. Total returns to shareholders of 30% over the past three years.
お知らせ • May 29Hakuten Corporation to Report Q1, 2023 Results on Aug 15, 2022Hakuten Corporation announced that they will report Q1, 2023 results on Aug 15, 2022
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥97.14 (vs JP¥24.18 loss in FY 2021)Full year 2022 results: EPS: JP¥97.14 (up from JP¥24.18 loss in FY 2021). Revenue: JP¥10.6b (up 46% from FY 2021). Net income: JP¥760.0m (up JP¥949.0m from FY 2021). Profit margin: 7.2% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • May 15Hakuten Corporation, Annual General Meeting, Jun 29, 2022Hakuten Corporation, Annual General Meeting, Jun 29, 2022.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 1 independent director (5 non-independent directors). Independent External Director Hiroyuki Kanamori was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Hakuten Corporation to Report Fiscal Year 2022 Results on May 13, 2022Hakuten Corporation announced that they will report fiscal year 2022 results on May 13, 2022
Reported Earnings • Nov 19Second quarter 2022 earnings released: EPS JP¥10.11 (vs JP¥12.66 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.36b (up 76% from 2Q 2021). Net income: JP¥79.0m (up JP¥178.0m from 2Q 2021). Profit margin: 3.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year and the company’s share price has also fallen by 14% per year.
お知らせ • Aug 28Hakuten Corporation (JASDAQ:2173) signed a contract to acquire 87.3% stake in Nichinan Co., Ltd from Yukitaka Sugimoto for ¥70 million.Hakuten Corporation (JASDAQ:2173) signed a contract to acquire 87.3% stake in Nichinan Co., Ltd from Yukitaka Sugimoto for ¥70 million on August 26, 2021. As per terms of transaction, Hakuten Corporation will acquire 546 shares and post completion, Nichinan Co., Ltd willoperate as a subsidiary of Hakuten Corporation. As on March 31, 2021 Nichinan Co., Ltd reported Net assets of ¥144 million, Total assets of ¥440 million, Sales of ¥187 million, operating income of ¥-41 million and Net income of ¥0 million. Transaction is expected to complete on September 30, 2021. the impact of the acquisition of shares on Hakuten Corporation consolidated financial results for the fiscal year ending March 2022 will be minor.
Reported Earnings • Aug 18First quarter 2022 earnings released: EPS JP¥27.10 (vs JP¥40.38 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¥1.47b (up 18% from 1Q 2021). Net income: JP¥212.0m (up JP¥527.0m from 1Q 2021). Profit margin: 14% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 56% 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.
Reported Earnings • May 14Full year 2021 earnings released: JP¥19.58 loss per share (vs JP¥51.81 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¥7.27b (down 44% from FY 2020). Net loss: JP¥153.0m (down 137% 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 70 percentage points per year, which is a significant difference in performance.
お知らせ • May 01infoNet inc. (TSE:4444) completed the acquisition of IACTCorporation from Hakuten Corporation (JASDAQ:2173).infoNet inc. (TSE:4444) entered into a share transfer agreement to acquire IACTCorporation from Hakuten Corporation (JASDAQ:2173) for approximately ¥640 million on April 15, 2021. infoNet inc. will acquire 5880 shares of IACTCorporation. After the transaction, IACTCorporation will operate as a subsidiary of infoNet inc. The Board of Directors of infoNet inc. passed a resolution for the transaction on April 15, 2021. The transaction is expected to be completed on April 30, 2021. infoNet inc. (TSE:4444) completed the acquisition of IACTCorporation from Hakuten Corporation (JASDAQ:2173) on April 30, 2021.
お知らせ • Mar 04Hakuten Corporation to Report Fiscal Year 2021 Results on May 12, 2021Hakuten Corporation announced that they will report fiscal year 2021 results on May 12, 2021
Is New 90 Day High Low • Feb 24New 90-day high: JP¥430The company is up 13% from its price of JP¥381 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 11% over the same period.
分析記事 • Feb 20Here's Why Hakuten (TYO:2173) Can Afford Some DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • Feb 17Third quarter 2021 earnings released: JP¥1.79 loss per share (vs JP¥27.28 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥2.11b (down 42% from 3Q 2020). Net loss: JP¥14.0m (down 107% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 08New 90-day high: JP¥405The company is up 4.0% from its price of JP¥390 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 13% over the same period.
Is New 90 Day High Low • Jan 07New 90-day low: JP¥352The company is down 13% from its price of JP¥403 on 09 October 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 1.0% over the same period.
お知らせ • Nov 28Hakuten Corporation to Report Q3, 2021 Results on Feb 15, 2021Hakuten Corporation announced that they will report Q3, 2021 results on Feb 15, 2021
Reported Earnings • Nov 11Second quarter 2021 earnings released: JP¥12.66 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥1.34b (down 61% from 2Q 2020). Net loss: JP¥99.0m (down 178% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 03Hakuten Corporation to Report Q2, 2021 Results on Nov 09, 2020Hakuten Corporation announced that they will report Q2, 2021 results on Nov 09, 2020
お知らせ • Jun 19Hakuten Corporation to Report Q1, 2021 Results on Aug 14, 2020Hakuten Corporation announced that they will report Q1, 2021 results on Aug 14, 2020