Ekitan（3646）株式概要駅探株式会社は、その子会社とともに、日本国内でインターネットを利用した情報サービスを提供している。 詳細3646 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金0/6リスク分析意味のある時価総額がありません ( ¥2B )過去5年間で収益は年間33.8%減少しました。 すべてのリスクチェックを見る3646 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥324.0080.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-736m4b2016201920222025202620282031Revenue JP¥4.2bEarnings JP¥574.8mAdvancedSet Fair ValueView all narrativesEkitan & Co., Ltd. 競合他社PostPrimeSymbol: TSE:198AMarket cap: JP¥1.7bOKWEBSymbol: NSE:3808Market cap: JP¥1.6bPIXTASymbol: TSE:3416Market cap: JP¥1.4bClinipharSymbol: TSE:432AMarket cap: JP¥1.5b価格と性能株価の高値、安値、推移の概要Ekitan過去の株価現在の株価JP¥324.0052週高値JP¥442.0052週安値JP¥298.00ベータ0.411ヶ月の変化-3.28%3ヶ月変化-21.17%1年変化-3.57%3年間の変化-21.93%5年間の変化-37.33%IPOからの変化-74.64%最新ニュースReported Earnings • May 19Full year 2026 earnings released: JP¥77.89 loss per share (vs JP¥11.96 profit in FY 2025)Full year 2026 results: JP¥77.89 loss per share (down from JP¥11.96 profit in FY 2025). Revenue: JP¥2.99b (down 14% from FY 2025). Net loss: JP¥368.0m (down JP¥425.0m from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • May 15Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026.New Risk • Apr 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.58b (US$9.95m) This is considered a major 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 Risks Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (JP¥1.58b market cap, or US$9.95m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).Reported Earnings • Feb 16Third quarter 2026 earnings released: JP¥3.81 loss per share (vs JP¥5.69 profit in 3Q 2025)Third quarter 2026 results: JP¥3.81 loss per share (down from JP¥5.69 profit in 3Q 2025). Revenue: JP¥727.0m (down 17% from 3Q 2025). Net loss: JP¥18.0m (down 167% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥1.81b market cap, or US$11.5m).分析記事 • Feb 02Ekitan & Co., Ltd. (TSE:3646) Shares Fly 26% But Investors Aren't Buying For GrowthEkitan & Co., Ltd. ( TSE:3646 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...最新情報をもっと見るRecent updatesReported Earnings • May 19Full year 2026 earnings released: JP¥77.89 loss per share (vs JP¥11.96 profit in FY 2025)Full year 2026 results: JP¥77.89 loss per share (down from JP¥11.96 profit in FY 2025). Revenue: JP¥2.99b (down 14% from FY 2025). Net loss: JP¥368.0m (down JP¥425.0m from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • May 15Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026.New Risk • Apr 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.58b (US$9.95m) This is considered a major 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 Risks Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (JP¥1.58b market cap, or US$9.95m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).Reported Earnings • Feb 16Third quarter 2026 earnings released: JP¥3.81 loss per share (vs JP¥5.69 profit in 3Q 2025)Third quarter 2026 results: JP¥3.81 loss per share (down from JP¥5.69 profit in 3Q 2025). Revenue: JP¥727.0m (down 17% from 3Q 2025). Net loss: JP¥18.0m (down 167% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥1.81b market cap, or US$11.5m).分析記事 • Feb 02Ekitan & Co., Ltd. (TSE:3646) Shares Fly 26% But Investors Aren't Buying For GrowthEkitan & Co., Ltd. ( TSE:3646 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...分析記事 • Feb 02Ekitan & Co., Ltd.'s (TSE:3646) Price Is Right But Growth Is Lacking After Shares Rocket 26%Ekitan & Co., Ltd. ( TSE:3646 ) shareholders would be excited to see that the share price has had a great month...お知らせ • Dec 11Ekitan & Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026Ekitan & Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026Reported Earnings • Nov 17Second quarter 2026 earnings released: JP¥7.20 loss per share (vs JP¥0.63 profit in 2Q 2025)Second quarter 2026 results: JP¥7.20 loss per share (down from JP¥0.63 profit in 2Q 2025). Revenue: JP¥733.0m (down 19% from 2Q 2025). Net loss: JP¥34.0m (down JP¥37.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Oct 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.47b (US$9.69m) This is considered a major 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 277% Cash payout ratio: 147% Market cap is less than US$10m (JP¥1.47b market cap, or US$9.69m).お知らせ • Sep 18Ekitan & Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025Ekitan & Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025Reported Earnings • Aug 14First quarter 2026 earnings released: JP¥10.80 loss per share (vs JP¥3.73 loss in 1Q 2025)First quarter 2026 results: JP¥10.80 loss per share (further deteriorated from JP¥3.73 loss in 1Q 2025). Revenue: JP¥711.0m (down 17% from 1Q 2025). Net loss: JP¥51.0m (loss widened 183% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 05Full year 2025 earnings released: EPS: JP¥11.96 (vs JP¥152 loss in FY 2024)Full year 2025 results: EPS: JP¥11.96 (up from JP¥152 loss in FY 2024). Revenue: JP¥3.50b (down 13% from FY 2024). Net income: JP¥57.0m (up JP¥793.0m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.分析記事 • Jun 24Ekitan (TSE:3646) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Jun 03Ekitan & Co., Ltd. to Report Q1, 2026 Results on Aug 12, 2025Ekitan & Co., Ltd. announced that they will report Q1, 2026 results on Aug 12, 2025Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥11.96 (vs JP¥152 loss in FY 2024)Full year 2025 results: EPS: JP¥11.96 (up from JP¥152 loss in FY 2024). Revenue: JP¥3.50b (down 13% from FY 2024). Net income: JP¥57.0m (up JP¥793.0m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • May 13Ekitan & Co., Ltd., Annual General Meeting, Jun 25, 2025Ekitan & Co., Ltd., Annual General Meeting, Jun 25, 2025.New Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.45b (US$9.98m) This is considered a major 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 354% Cash payout ratio: 179% Market cap is less than US$10m (JP¥1.45b market cap, or US$9.98m). Minor Risk Large one-off items impacting financial results.お知らせ • Mar 27Ekitan & Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Ekitan & Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025お知らせ • Mar 22TY Co., Ltd. completed the acquisition of Cirqua.,inc. from Ekitan & Co., Ltd. (TSE:3646).TY Co., Ltd. agreed to acquire Cirqua.,inc. from Ekitan & Co., Ltd. (TSE:3646) on February 28, 2025. For the period ending March 31, 2024, Cirqua.,inc. reported total revenue of ¥803.48 million, EBIT of ¥17.37 million and net loss of ¥30.54 million. As of March 31, 2024, Cirqua.,inc. reported total assets of ¥168.96 million and total common equity of ¥83.98 million. The expected completion of the transaction is March 21, 2025. TY Co., Ltd. completed the acquisition of Cirqua.,inc. from Ekitan & Co., Ltd. (TSE:3646) on March 21, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥5.69 (vs JP¥10.53 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.69 (down from JP¥10.53 in 3Q 2024). Revenue: JP¥877.0m (down 21% from 3Q 2024). Net income: JP¥27.0m (down 47% from 3Q 2024). Profit margin: 3.1% (down from 4.6% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Jan 03Ekitan & Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Ekitan & Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥0.63 (vs JP¥156 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥0.63 (up from JP¥156 loss in 2Q 2024). Revenue: JP¥905.0m (down 3.9% from 2Q 2024). Net income: JP¥3.00m (up JP¥756.0m from 2Q 2024). Profit margin: 0.3% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.お知らせ • Nov 01Ekitan & Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024Ekitan & Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024分析記事 • Aug 05Positive Sentiment Still Eludes Ekitan & Co., Ltd. (TSE:3646) Following 28% Share Price SlumpEkitan & Co., Ltd. ( TSE:3646 ) shareholders won't be pleased to see that the share price has had a very rough month...New Risk • Aug 05New 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 7.4% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 335% Earnings have declined by 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (JP¥1.48b market cap, or US$10.4m).お知らせ • Jun 19Ekitan & Co., Ltd. to Report Q1, 2025 Results on Aug 13, 2024Ekitan & Co., Ltd. announced that they will report Q1, 2025 results on Aug 13, 2024Reported Earnings • May 11Full year 2024 earnings released: JP¥152 loss per share (vs JP¥16.88 profit in FY 2023)Full year 2024 results: JP¥152 loss per share (down from JP¥16.88 profit in FY 2023). Revenue: JP¥4.04b (up 26% from FY 2023). Net loss: JP¥736.0m (down JP¥825.0m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.お知らせ • May 11+ 1 more updateEkitan & Co., Ltd. (TSE:3646) announces an Equity Buyback for 150,000 shares, representing 3.1% for ¥50 million.Ekitan & Co., Ltd. (TSE:3646) announces a share repurchase program. Under the plan, the company will repurchase up to 150,000 shares, representing 3.1% for ¥50 million. The purpose of the plan is to implement a flexible capital policy that responds to implement flexible capital policies in response to changes in the business environment, to improve capital efficiency, and to provide shareholder returns. The plan will be valid till December 30, 2024. As of March 31, 2024, the company has 4,842,259 shares outstanding and 1,176,541 shares in treasury.Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%).お知らせ • Mar 06Ekitan & Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Ekitan & Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥10.53 (vs JP¥0.58 in 3Q 2023)Third quarter 2024 results: EPS: JP¥10.53 (up from JP¥0.58 in 3Q 2023). Revenue: JP¥1.10b (up 31% from 3Q 2023). Net income: JP¥51.0m (up JP¥48.0m from 3Q 2023). Profit margin: 4.6% (up from 0.4% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.お知らせ • Dec 27Ekitan & Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024Ekitan & Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥156 loss per share (vs JP¥4.32 profit in 2Q 2023)Second quarter 2024 results: JP¥156 loss per share (down from JP¥4.32 profit in 2Q 2023). Revenue: JP¥942.0m (up 24% from 2Q 2023). Net loss: JP¥753.0m (down JP¥777.0m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Sep 28Ekitan & Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023Ekitan & Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 298% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 298% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (JP¥1.97b market cap, or US$13.6m).Reported Earnings • Aug 14First quarter 2024 earnings released: JP¥8.46 loss per share (vs JP¥4.36 profit in 1Q 2023)First quarter 2024 results: JP¥8.46 loss per share (down from JP¥4.36 profit in 1Q 2023). Revenue: JP¥999.0m (up 30% from 1Q 2023). Net loss: JP¥41.0m (down 271% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jun 28Ekitan & Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Ekitan & Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023お知らせ • May 12Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2023Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2023.Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥16.88 (vs JP¥14.52 in FY 2022)Full year 2023 results: EPS: JP¥16.88 (up from JP¥14.52 in FY 2022). Revenue: JP¥3.21b (up 11% from FY 2022). Net income: JP¥89.0m (up 11% from FY 2022). Profit margin: 2.8% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥14.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥0.58 (vs JP¥0.73 in 3Q 2022)Third quarter 2023 results: EPS: JP¥0.58 (down from JP¥0.73 in 3Q 2022). Revenue: JP¥844.0m (up 48% from 3Q 2022). Net income: JP¥3.00m (down 25% from 3Q 2022). Profit margin: 0.4% (down from 0.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% 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 • Jan 22Ekitan & Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023Ekitan & Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Takashi Morita is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 11Second quarter 2023 earnings released: EPS: JP¥4.32 (vs JP¥1.82 in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.32 (up from JP¥1.82 in 2Q 2022). Revenue: JP¥759.0m (up 11% from 2Q 2022). Net income: JP¥24.0m (up 140% from 2Q 2022). Profit margin: 3.2% (up from 1.5% 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 12% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Nov 10Ekitan & Co., Ltd. (TSE:3646) announces an Equity Buyback for 750,000 shares, representing 13.41% for ¥374.25 million.Ekitan & Co., Ltd. (TSE:3646) announces a share repurchase program. Under the plan, the company will repurchase up to 750,000 shares, representing 13.41% for ¥374.25 million. The shares will be purchased at a price of ¥499 per share. The purpose of the plan is to implement a flexible capital policy that responds to changes in the business environment and to improve capital efficiency. As of September 30, 2022, the company has 5,593,684 shares outstanding and 1,225,116 shares in treasury.お知らせ • Oct 26Ekitan & Co., Ltd. (TSE:3646) agreed to acquire PROUD ENGINE Inc. from Neo Career Co., LTD. for ¥220 million.Ekitan & Co., Ltd. (TSE:3646) agreed to acquire PROUD ENGINE Inc. from Neo Career Co., LTD. for ¥220 million on October 24, 2022. The transaction is expected to complete on November 30, 2022.お知らせ • Sep 22Ekitan & Co., Ltd. to Report Q2, 2023 Results on Nov 09, 2022Ekitan & Co., Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022Reported Earnings • Aug 13First quarter 2023 earnings released: EPS: JP¥4.36 (vs JP¥3.63 in 1Q 2022)First quarter 2023 results: EPS: JP¥4.36 (up from JP¥3.63 in 1Q 2022). Revenue: JP¥770.0m (down 11% from 1Q 2022). Net income: JP¥24.0m (up 20% from 1Q 2022). Profit margin: 3.1% (up from 2.3% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Jul 10Ekitan & Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022Ekitan & Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 13Full year 2022 earnings released: EPS: JP¥14.52 (vs JP¥22.51 in FY 2021)Full year 2022 results: EPS: JP¥14.52 (down from JP¥22.51 in FY 2021). Revenue: JP¥2.89b (up 49% from FY 2021). Net income: JP¥80.0m (down 36% from FY 2021). Profit margin: 2.8% (down from 6.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% 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.お知らせ • May 13Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2022Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2022.Board Change • Apr 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Outside Auditor Tsutomu Okada is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Yukifumi Morita was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 08Ekitan & Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022Ekitan & Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥0.73 (down from JP¥12.34 in 3Q 2021). Revenue: JP¥571.0m (up 19% from 3Q 2021). Net income: JP¥4.00m (down 94% from 3Q 2021). Profit margin: 0.7% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥1.82 (vs JP¥5.81 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥685.0m (up 35% from 2Q 2021). Net income: JP¥10.0m (down 69% from 2Q 2021). Profit margin: 1.5% (down from 6.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥3.63 (vs JP¥1.27 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¥864.0m (up 71% from 1Q 2021). Net income: JP¥20.0m (up JP¥27.0m from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥22.51 (vs JP¥4.19 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥1.95b (down 32% from FY 2020). Net income: JP¥124.0m (up 439% from FY 2020). Profit margin: 6.4% (up from 0.8% in FY 2020). The increase in margin was driven by lower expenses. 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.Upcoming Dividend • Mar 23Inaugural dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. The company last paid an ordinary dividend in August 2020. The average dividend yield among industry peers is 1.2%.お知らせ • Feb 18Ekitan & Co., Ltd. (TSE:3646) entered into an agreement to acquire Smartphone In-Feed Advertising Business from Maverick., Inc. for ¥780 million.Ekitan & Co., Ltd. (TSE:3646) entered into an agreement to acquire Smartphone In-Feed Advertising Business from Maverick., Inc. for ¥780 million on February 17, 2021. Post completion, the acquired business will be formed as a company under the name of Circua Co., Ltd. Under the terms, Ekitan & Co. will acquire 5,000 shares in Circua Co., Ltd. The consideration will be paid in cash. In 2020, Smartphone In-Feed Advertising Business of Maverick., Inc. reported sales of ¥2.25 billion, operating of ¥104 million. In addition, book value of assets split by Maverick due to the company split will be ¥50 million and book value of liabilities will be ¥0 million as of November 30, 2020. As on February 17, 2021, at the Board of Directors meeting, Ekitan & Co. resolved this transaction. The transaction is expected to close on April 1, 2021.Is New 90 Day High Low • Feb 18New 90-day high: JP¥535The company is up 13% from its price of JP¥472 on 20 November 2020. The Japanese market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Interactive Media and Services industry, which is up 7.0% over the same period.Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥12.34 (vs JP¥9.47 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥479.0m (down 34% from 3Q 2020). Net income: JP¥68.0m (up 31% from 3Q 2020). Profit margin: 14% (up from 7.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 92% 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.お知らせ • Oct 04Ekitan & Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020Ekitan & Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020お知らせ • Jun 28Ekitan & Co., Ltd. to Report Q1, 2021 Results on Aug 12, 2020Ekitan & Co., Ltd. announced that they will report Q1, 2021 results on Aug 12, 2020株主還元3646JP Interactive Media and ServicesJP 市場7D-0.6%-4.0%2.7%1Y-3.6%-16.0%42.1%株主還元を見る業界別リターン: 3646過去 1 年間で-16 % の収益を上げたJP Interactive Media and Services業界を上回りました。リターン対市場: 3646は、過去 1 年間で42.1 % のリターンを上げたJP市場を下回りました。価格変動Is 3646's price volatile compared to industry and market?3646 volatility3646 Average Weekly Movement4.3%Interactive Media and Services Industry Average Movement5.9%Market Average Movement4.9%10% most volatile stocks in JP Market9.7%10% least volatile stocks in JP Market2.5%安定した株価: 3646 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3646の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1997194Kenta Kikuiekitan.co.jp株式会社駅探は、子会社とともに日本国内においてインターネットを利用した情報サービスを提供しています。モビリティサポート事業、広告配信プラットフォーム事業、M&A・インキュベーション事業を展開。コンシューマー向けサービスでは、PC・スマートフォン向けサイトやアプリでの乗換・時刻表・運行情報検索サービス、駅構内の店舗やサービス情報を掲載した「駅探PICKS」、会員向け優待サービスを提供している。また、法人向けサービスとして、経路検索・運賃・料金検索機能「乗換・経路計画API」、クラウド上で経路検索・運賃検索・定期券検索機能を提供する「交通費精算・通勤費精算サービス」、法人契約による割引切符の手配が可能な「国内チケットレス出張手配サービス」、乗換案内に利用する駅・路線・列車に関するデータ販売・生成サービス、地域の移動・交通・観光の課題を解決するMaaSソリューション、駅探のコンシューマ向けWebサイト・アプリにおける広告・アライアンスサービスを提供している。また、有料会員サービス、携帯キャリア・鉄道会社・地図会社向け乗り換え案内ASP、旅行ガイドブックシステム、開発・保守などのシステム関連業務、マーケティングASPの販売も行っている。また、コンピュータを利用したソフトウェア、Webサイト等の企画・設計・開発・制作・販売、情報提供・情報処理に関する調査・コンサルティング、人材派遣事業等も行っている。駅探は1997年に設立され、千代田区に本社を置く。もっと見るEkitan & Co., Ltd. 基礎のまとめEkitan の収益と売上を時価総額と比較するとどうか。3646 基礎統計学時価総額JP¥1.53b収益（TTM）-JP¥368.00m売上高(TTM)JP¥2.99b0.5xP/Sレシオ-4.2xPER（株価収益率3646 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3646 損益計算書（TTM）収益JP¥2.99b売上原価JP¥2.06b売上総利益JP¥936.00mその他の費用JP¥1.30b収益-JP¥368.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-77.81グロス・マージン31.28%純利益率-12.30%有利子負債／自己資本比率17.0%3646 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 20:37終値2026/05/27 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク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Ekitan & 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。0
Reported Earnings • May 19Full year 2026 earnings released: JP¥77.89 loss per share (vs JP¥11.96 profit in FY 2025)Full year 2026 results: JP¥77.89 loss per share (down from JP¥11.96 profit in FY 2025). Revenue: JP¥2.99b (down 14% from FY 2025). Net loss: JP¥368.0m (down JP¥425.0m from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • May 15Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026.
New Risk • Apr 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.58b (US$9.95m) This is considered a major 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 Risks Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (JP¥1.58b market cap, or US$9.95m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).
Reported Earnings • Feb 16Third quarter 2026 earnings released: JP¥3.81 loss per share (vs JP¥5.69 profit in 3Q 2025)Third quarter 2026 results: JP¥3.81 loss per share (down from JP¥5.69 profit in 3Q 2025). Revenue: JP¥727.0m (down 17% from 3Q 2025). Net loss: JP¥18.0m (down 167% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥1.81b market cap, or US$11.5m).
分析記事 • Feb 02Ekitan & Co., Ltd. (TSE:3646) Shares Fly 26% But Investors Aren't Buying For GrowthEkitan & Co., Ltd. ( TSE:3646 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Reported Earnings • May 19Full year 2026 earnings released: JP¥77.89 loss per share (vs JP¥11.96 profit in FY 2025)Full year 2026 results: JP¥77.89 loss per share (down from JP¥11.96 profit in FY 2025). Revenue: JP¥2.99b (down 14% from FY 2025). Net loss: JP¥368.0m (down JP¥425.0m from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • May 15Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026Ekitan & Co., Ltd., Annual General Meeting, Jun 26, 2026.
New Risk • Apr 27New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.58b (US$9.95m) This is considered a major 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 Risks Earnings have declined by 29% per year over the past 5 years. Market cap is less than US$10m (JP¥1.58b market cap, or US$9.95m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).
Reported Earnings • Feb 16Third quarter 2026 earnings released: JP¥3.81 loss per share (vs JP¥5.69 profit in 3Q 2025)Third quarter 2026 results: JP¥3.81 loss per share (down from JP¥5.69 profit in 3Q 2025). Revenue: JP¥727.0m (down 17% from 3Q 2025). Net loss: JP¥18.0m (down 167% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Feb 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥1.81b market cap, or US$11.5m).
分析記事 • Feb 02Ekitan & Co., Ltd. (TSE:3646) Shares Fly 26% But Investors Aren't Buying For GrowthEkitan & Co., Ltd. ( TSE:3646 ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
分析記事 • Feb 02Ekitan & Co., Ltd.'s (TSE:3646) Price Is Right But Growth Is Lacking After Shares Rocket 26%Ekitan & Co., Ltd. ( TSE:3646 ) shareholders would be excited to see that the share price has had a great month...
お知らせ • Dec 11Ekitan & Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026Ekitan & Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026
Reported Earnings • Nov 17Second quarter 2026 earnings released: JP¥7.20 loss per share (vs JP¥0.63 profit in 2Q 2025)Second quarter 2026 results: JP¥7.20 loss per share (down from JP¥0.63 profit in 2Q 2025). Revenue: JP¥733.0m (down 19% from 2Q 2025). Net loss: JP¥34.0m (down JP¥37.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Oct 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.47b (US$9.69m) This is considered a major 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 277% Cash payout ratio: 147% Market cap is less than US$10m (JP¥1.47b market cap, or US$9.69m).
お知らせ • Sep 18Ekitan & Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025Ekitan & Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025
Reported Earnings • Aug 14First quarter 2026 earnings released: JP¥10.80 loss per share (vs JP¥3.73 loss in 1Q 2025)First quarter 2026 results: JP¥10.80 loss per share (further deteriorated from JP¥3.73 loss in 1Q 2025). Revenue: JP¥711.0m (down 17% from 1Q 2025). Net loss: JP¥51.0m (loss widened 183% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 05Full year 2025 earnings released: EPS: JP¥11.96 (vs JP¥152 loss in FY 2024)Full year 2025 results: EPS: JP¥11.96 (up from JP¥152 loss in FY 2024). Revenue: JP¥3.50b (down 13% from FY 2024). Net income: JP¥57.0m (up JP¥793.0m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
分析記事 • Jun 24Ekitan (TSE:3646) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Jun 03Ekitan & Co., Ltd. to Report Q1, 2026 Results on Aug 12, 2025Ekitan & Co., Ltd. announced that they will report Q1, 2026 results on Aug 12, 2025
Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥11.96 (vs JP¥152 loss in FY 2024)Full year 2025 results: EPS: JP¥11.96 (up from JP¥152 loss in FY 2024). Revenue: JP¥3.50b (down 13% from FY 2024). Net income: JP¥57.0m (up JP¥793.0m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • May 13Ekitan & Co., Ltd., Annual General Meeting, Jun 25, 2025Ekitan & Co., Ltd., Annual General Meeting, Jun 25, 2025.
New Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.45b (US$9.98m) This is considered a major 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 354% Cash payout ratio: 179% Market cap is less than US$10m (JP¥1.45b market cap, or US$9.98m). Minor Risk Large one-off items impacting financial results.
お知らせ • Mar 27Ekitan & Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Ekitan & Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
お知らせ • Mar 22TY Co., Ltd. completed the acquisition of Cirqua.,inc. from Ekitan & Co., Ltd. (TSE:3646).TY Co., Ltd. agreed to acquire Cirqua.,inc. from Ekitan & Co., Ltd. (TSE:3646) on February 28, 2025. For the period ending March 31, 2024, Cirqua.,inc. reported total revenue of ¥803.48 million, EBIT of ¥17.37 million and net loss of ¥30.54 million. As of March 31, 2024, Cirqua.,inc. reported total assets of ¥168.96 million and total common equity of ¥83.98 million. The expected completion of the transaction is March 21, 2025. TY Co., Ltd. completed the acquisition of Cirqua.,inc. from Ekitan & Co., Ltd. (TSE:3646) on March 21, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥5.69 (vs JP¥10.53 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.69 (down from JP¥10.53 in 3Q 2024). Revenue: JP¥877.0m (down 21% from 3Q 2024). Net income: JP¥27.0m (down 47% from 3Q 2024). Profit margin: 3.1% (down from 4.6% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 03Ekitan & Co., Ltd. to Report Q3, 2025 Results on Feb 12, 2025Ekitan & Co., Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: JP¥0.63 (vs JP¥156 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥0.63 (up from JP¥156 loss in 2Q 2024). Revenue: JP¥905.0m (down 3.9% from 2Q 2024). Net income: JP¥3.00m (up JP¥756.0m from 2Q 2024). Profit margin: 0.3% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 01Ekitan & Co., Ltd. to Report Q2, 2025 Results on Nov 12, 2024Ekitan & Co., Ltd. announced that they will report Q2, 2025 results on Nov 12, 2024
分析記事 • Aug 05Positive Sentiment Still Eludes Ekitan & Co., Ltd. (TSE:3646) Following 28% Share Price SlumpEkitan & Co., Ltd. ( TSE:3646 ) shareholders won't be pleased to see that the share price has had a very rough month...
New Risk • Aug 05New 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 7.4% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 335% Earnings have declined by 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (JP¥1.48b market cap, or US$10.4m).
お知らせ • Jun 19Ekitan & Co., Ltd. to Report Q1, 2025 Results on Aug 13, 2024Ekitan & Co., Ltd. announced that they will report Q1, 2025 results on Aug 13, 2024
Reported Earnings • May 11Full year 2024 earnings released: JP¥152 loss per share (vs JP¥16.88 profit in FY 2023)Full year 2024 results: JP¥152 loss per share (down from JP¥16.88 profit in FY 2023). Revenue: JP¥4.04b (up 26% from FY 2023). Net loss: JP¥736.0m (down JP¥825.0m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.
お知らせ • May 11+ 1 more updateEkitan & Co., Ltd. (TSE:3646) announces an Equity Buyback for 150,000 shares, representing 3.1% for ¥50 million.Ekitan & Co., Ltd. (TSE:3646) announces a share repurchase program. Under the plan, the company will repurchase up to 150,000 shares, representing 3.1% for ¥50 million. The purpose of the plan is to implement a flexible capital policy that responds to implement flexible capital policies in response to changes in the business environment, to improve capital efficiency, and to provide shareholder returns. The plan will be valid till December 30, 2024. As of March 31, 2024, the company has 4,842,259 shares outstanding and 1,176,541 shares in treasury.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%).
お知らせ • Mar 06Ekitan & Co., Ltd. to Report Fiscal Year 2024 Results on May 09, 2024Ekitan & Co., Ltd. announced that they will report fiscal year 2024 results on May 09, 2024
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥10.53 (vs JP¥0.58 in 3Q 2023)Third quarter 2024 results: EPS: JP¥10.53 (up from JP¥0.58 in 3Q 2023). Revenue: JP¥1.10b (up 31% from 3Q 2023). Net income: JP¥51.0m (up JP¥48.0m from 3Q 2023). Profit margin: 4.6% (up from 0.4% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 27Ekitan & Co., Ltd. to Report Q3, 2024 Results on Feb 08, 2024Ekitan & Co., Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥156 loss per share (vs JP¥4.32 profit in 2Q 2023)Second quarter 2024 results: JP¥156 loss per share (down from JP¥4.32 profit in 2Q 2023). Revenue: JP¥942.0m (up 24% from 2Q 2023). Net loss: JP¥753.0m (down JP¥777.0m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 28Ekitan & Co., Ltd. to Report Q2, 2024 Results on Nov 09, 2023Ekitan & Co., Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023
New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 298% The company is paying a dividend despite having no free cash flows. Dividend yield: 3.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 298% Paying a dividend despite having no free cash flows. Earnings have declined by 31% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (JP¥1.97b market cap, or US$13.6m).
Reported Earnings • Aug 14First quarter 2024 earnings released: JP¥8.46 loss per share (vs JP¥4.36 profit in 1Q 2023)First quarter 2024 results: JP¥8.46 loss per share (down from JP¥4.36 profit in 1Q 2023). Revenue: JP¥999.0m (up 30% from 1Q 2023). Net loss: JP¥41.0m (down 271% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28Ekitan & Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023Ekitan & Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023
お知らせ • May 12Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2023Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2023.
Reported Earnings • May 12Full year 2023 earnings released: EPS: JP¥16.88 (vs JP¥14.52 in FY 2022)Full year 2023 results: EPS: JP¥16.88 (up from JP¥14.52 in FY 2022). Revenue: JP¥3.21b (up 11% from FY 2022). Net income: JP¥89.0m (up 11% from FY 2022). Profit margin: 2.8% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥14.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
Reported Earnings • Feb 10Third quarter 2023 earnings released: EPS: JP¥0.58 (vs JP¥0.73 in 3Q 2022)Third quarter 2023 results: EPS: JP¥0.58 (down from JP¥0.73 in 3Q 2022). Revenue: JP¥844.0m (up 48% from 3Q 2022). Net income: JP¥3.00m (down 25% from 3Q 2022). Profit margin: 0.4% (down from 0.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% 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 • Jan 22Ekitan & Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023Ekitan & Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Takashi Morita is the most experienced director on the board, commencing their role in 2020. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 11Second quarter 2023 earnings released: EPS: JP¥4.32 (vs JP¥1.82 in 2Q 2022)Second quarter 2023 results: EPS: JP¥4.32 (up from JP¥1.82 in 2Q 2022). Revenue: JP¥759.0m (up 11% from 2Q 2022). Net income: JP¥24.0m (up 140% from 2Q 2022). Profit margin: 3.2% (up from 1.5% 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 12% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 10Ekitan & Co., Ltd. (TSE:3646) announces an Equity Buyback for 750,000 shares, representing 13.41% for ¥374.25 million.Ekitan & Co., Ltd. (TSE:3646) announces a share repurchase program. Under the plan, the company will repurchase up to 750,000 shares, representing 13.41% for ¥374.25 million. The shares will be purchased at a price of ¥499 per share. The purpose of the plan is to implement a flexible capital policy that responds to changes in the business environment and to improve capital efficiency. As of September 30, 2022, the company has 5,593,684 shares outstanding and 1,225,116 shares in treasury.
お知らせ • Oct 26Ekitan & Co., Ltd. (TSE:3646) agreed to acquire PROUD ENGINE Inc. from Neo Career Co., LTD. for ¥220 million.Ekitan & Co., Ltd. (TSE:3646) agreed to acquire PROUD ENGINE Inc. from Neo Career Co., LTD. for ¥220 million on October 24, 2022. The transaction is expected to complete on November 30, 2022.
お知らせ • Sep 22Ekitan & Co., Ltd. to Report Q2, 2023 Results on Nov 09, 2022Ekitan & Co., Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022
Reported Earnings • Aug 13First quarter 2023 earnings released: EPS: JP¥4.36 (vs JP¥3.63 in 1Q 2022)First quarter 2023 results: EPS: JP¥4.36 (up from JP¥3.63 in 1Q 2022). Revenue: JP¥770.0m (down 11% from 1Q 2022). Net income: JP¥24.0m (up 20% from 1Q 2022). Profit margin: 3.1% (up from 2.3% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 10Ekitan & Co., Ltd. to Report Q1, 2023 Results on Aug 10, 2022Ekitan & Co., Ltd. announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 13Full year 2022 earnings released: EPS: JP¥14.52 (vs JP¥22.51 in FY 2021)Full year 2022 results: EPS: JP¥14.52 (down from JP¥22.51 in FY 2021). Revenue: JP¥2.89b (up 49% from FY 2021). Net income: JP¥80.0m (down 36% from FY 2021). Profit margin: 2.8% (down from 6.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% 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.
お知らせ • May 13Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2022Ekitan & Co., Ltd., Annual General Meeting, Jun 27, 2022.
Board Change • Apr 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Outside Auditor Tsutomu Okada is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Yukifumi Morita was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 08Ekitan & Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022Ekitan & Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.3%).
Reported Earnings • Feb 10Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥0.73 (down from JP¥12.34 in 3Q 2021). Revenue: JP¥571.0m (up 19% from 3Q 2021). Net income: JP¥4.00m (down 94% from 3Q 2021). Profit margin: 0.7% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥1.82 (vs JP¥5.81 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥685.0m (up 35% from 2Q 2021). Net income: JP¥10.0m (down 69% from 2Q 2021). Profit margin: 1.5% (down from 6.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥3.63 (vs JP¥1.27 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¥864.0m (up 71% from 1Q 2021). Net income: JP¥20.0m (up JP¥27.0m from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥22.51 (vs JP¥4.19 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥1.95b (down 32% from FY 2020). Net income: JP¥124.0m (up 439% from FY 2020). Profit margin: 6.4% (up from 0.8% in FY 2020). The increase in margin was driven by lower expenses. 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.
Upcoming Dividend • Mar 23Inaugural dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 30 June 2021. The company last paid an ordinary dividend in August 2020. The average dividend yield among industry peers is 1.2%.
お知らせ • Feb 18Ekitan & Co., Ltd. (TSE:3646) entered into an agreement to acquire Smartphone In-Feed Advertising Business from Maverick., Inc. for ¥780 million.Ekitan & Co., Ltd. (TSE:3646) entered into an agreement to acquire Smartphone In-Feed Advertising Business from Maverick., Inc. for ¥780 million on February 17, 2021. Post completion, the acquired business will be formed as a company under the name of Circua Co., Ltd. Under the terms, Ekitan & Co. will acquire 5,000 shares in Circua Co., Ltd. The consideration will be paid in cash. In 2020, Smartphone In-Feed Advertising Business of Maverick., Inc. reported sales of ¥2.25 billion, operating of ¥104 million. In addition, book value of assets split by Maverick due to the company split will be ¥50 million and book value of liabilities will be ¥0 million as of November 30, 2020. As on February 17, 2021, at the Board of Directors meeting, Ekitan & Co. resolved this transaction. The transaction is expected to close on April 1, 2021.
Is New 90 Day High Low • Feb 18New 90-day high: JP¥535The company is up 13% from its price of JP¥472 on 20 November 2020. The Japanese market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Interactive Media and Services industry, which is up 7.0% over the same period.
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥12.34 (vs JP¥9.47 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥479.0m (down 34% from 3Q 2020). Net income: JP¥68.0m (up 31% from 3Q 2020). Profit margin: 14% (up from 7.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 92% 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.
お知らせ • Oct 04Ekitan & Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020Ekitan & Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020
お知らせ • Jun 28Ekitan & Co., Ltd. to Report Q1, 2021 Results on Aug 12, 2020Ekitan & Co., Ltd. announced that they will report Q1, 2021 results on Aug 12, 2020
