View ValuationTrenders 将来の成長Future 基準チェック /46Trenders利益と収益がそれぞれ年間27.7%と10.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.6% 27.9%なると予測されています。主要情報27.7%収益成長率27.86%EPS成長率Media 収益成長15.9%収益成長率10.1%将来の株主資本利益率12.60%アナリストカバレッジLow最終更新日04 Jun 2026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 updatesお知らせ • Jun 01Trenders, Inc. to Report Q1, 2027 Results on Aug 14, 2026Trenders, Inc. announced that they will report Q1, 2027 results on Aug 14, 2026分析記事 • May 21We Think You Can Look Beyond Trenders' (TSE:6069) Lackluster EarningsTrenders, Inc.'s ( TSE:6069 ) earnings announcement last week didn't impress shareholders. However, our analysis...Reported Earnings • May 19Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥27.65 (down from JP¥76.10 in FY 2025). Revenue: JP¥8.28b (up 34% from FY 2025). Net income: JP¥216.0m (down 64% from FY 2025). Profit margin: 2.6% (down from 9.7% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 23% per year.お知らせ • May 14Trenders, Inc., Annual General Meeting, Jun 29, 2026Trenders, Inc., Annual General Meeting, Jun 29, 2026.お知らせ • May 10Trenders, Inc. to Report Fiscal Year 2026 Results on May 14, 2026Trenders, Inc. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 14, 2026Buy Or Sell Opportunity • Apr 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 35% to JP¥690. The fair value is estimated to be JP¥878, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 126% in the next 2 years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥781, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Media industry in Japan. Total loss to shareholders of 41% over the past three years.分析記事 • Feb 16Returns On Capital At Trenders (TSE:6069) Paint A Concerning PictureFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥24.35 (vs JP¥30.33 in 3Q 2025)Third quarter 2026 results: EPS: JP¥24.35 (down from JP¥30.33 in 3Q 2025). Revenue: JP¥2.42b (up 46% from 3Q 2025). Net income: JP¥189.0m (down 20% from 3Q 2025). Profit margin: 7.8% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year.Buy Or Sell Opportunity • Jan 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to JP¥1,011. The fair value is estimated to be JP¥840, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 135% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,048, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Media industry in Japan. Total loss to shareholders of 37% over the past three years.Buy Or Sell Opportunity • Dec 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 10.0% to JP¥1,005. The fair value is estimated to be JP¥837, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 135% in the next 2 years.お知らせ • Dec 02Trenders, Inc. to Report Q3, 2026 Results on Feb 13, 2026Trenders, Inc. announced that they will report Q3, 2026 results on Feb 13, 2026New Risk • Dec 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.5% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (JP¥7.27b market cap, or US$46.7m).分析記事 • Nov 28Market Still Lacking Some Conviction On Trenders, Inc. (TSE:6069)It's not a stretch to say that Trenders, Inc.'s ( TSE:6069 ) price-to-earnings (or "P/E") ratio of 13.4x right now...Buy Or Sell Opportunity • Sep 18Now 20% overvaluedOver the last 90 days, the stock has fallen 2.7% to JP¥906. The fair value is estimated to be JP¥754, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 49% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.お知らせ • Sep 02Trenders, Inc. to Report Q2, 2026 Results on Nov 14, 2025Trenders, Inc. announced that they will report Q2, 2026 results on Nov 14, 2025お知らせ • Aug 21Trenders, Inc. (TSE:6069) announces an Equity Buyback for 120,000 shares, representing 1.48% for ¥100 million.Trenders, Inc. (TSE:6069) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 1.48% of its total shares outstanding excluding treasury shares, for a total of ¥100 million. The purpose of repurchase program is to enhance shareholder returns and improve capital efficiency, while also enabling flexible capital policies that respond to changes in the business environment. The repurchase program is valid till November 14, 2025. As of July 31, 2025, the company had 8,101,000 shares outstanding excluding treasury shares and had 229,300 shares in treasury.Reported Earnings • Aug 16First quarter 2026 earnings released: EPS: JP¥7.75 (vs JP¥15.39 in 1Q 2025)First quarter 2026 results: EPS: JP¥7.75 (down from JP¥15.39 in 1Q 2025). Revenue: JP¥1.70b (up 12% from 1Q 2025). Net income: JP¥61.0m (down 50% from 1Q 2025). Profit margin: 3.6% (down from 8.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Aug 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.5% to JP¥916. The fair value is estimated to be JP¥756, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 3.3%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.お知らせ • Jun 21Trenders, Inc. to Report Q1, 2026 Results on Aug 14, 2025Trenders, Inc. announced that they will report Q1, 2026 results on Aug 14, 2025分析記事 • May 23There May Be Underlying Issues With The Quality Of Trenders' (TSE:6069) EarningsInvestors were disappointed with Trenders, Inc.'s ( TSE:6069 ) earnings, despite the strong profit numbers. We did some...Reported Earnings • May 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥76.10 (up from JP¥65.59 in FY 2024). Revenue: JP¥6.19b (up 9.1% from FY 2024). Net income: JP¥600.0m (up 25% from FY 2024). Profit margin: 9.7% (up from 8.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.お知らせ • May 14Trenders, Inc., Annual General Meeting, Jun 24, 2025Trenders, Inc., Annual General Meeting, Jun 24, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥732, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Media industry in Japan. Total loss to shareholders of 22% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.3%).お知らせ • Mar 20Trenders, Inc. (TSE:6069) agreed to acquire Zenplus Co., Ltd. from Satoshi Yokoyama and Koichi Fukuda.Trenders, Inc. (TSE:6069) agreed to acquire Zenplus Co., Ltd. from Satoshi Yokoyama and Koichi Fukuda on March 18, 2025. For the period ending December 31, 2024, Zenplus Co., Ltd. reported total revenue of ¥1.7 billion, EBIT of ¥48 million and net income of ¥27 million. As of December 31, 2024, Zenplus Co., Ltd. reported total assets of ¥458 million and total common equity of ¥92 million. The expected completion of the transaction is March 21, 2025.お知らせ • Mar 04Trenders, Inc. to Report Fiscal Year 2025 Results on May 14, 2025Trenders, Inc. announced that they will report fiscal year 2025 results on May 14, 2025Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥30.33 (vs JP¥22.87 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.33 (up from JP¥22.87 in 3Q 2024). Revenue: JP¥1.66b (up 9.0% from 3Q 2024). Net income: JP¥236.0m (up 41% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.お知らせ • Feb 04Trenders, Inc. (TSE:6069) acquired Cosme Hunt, Inc.Trenders, Inc. (TSE:6069) acquired Cosme Hunt, Inc. on February 4, 2025. Under the terms of agreement, Trenders has acquired all shares of Cosme Hunt Inc. a company that comprehensively supports J-Beauty brands in entering the US market, making it a subsidiary. Trenders, Inc. (TSE:6069) completed the acquisition of Cosme Hunt, Inc. on February 4, 2025.お知らせ • Dec 03Trenders, Inc. to Report Q3, 2025 Results on Feb 14, 2025Trenders, Inc. announced that they will report Q3, 2025 results on Feb 14, 2025分析記事 • Nov 21We Think That There Are Some Issues For Trenders (TSE:6069) Beyond Its Promising EarningsThe market for Trenders, Inc.'s ( TSE:6069 ) stock was strong after it released a healthy earnings report last week...Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥976, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 17% over the past three years.New Risk • Nov 07New 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 8.0% 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 (8.0% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Market cap is less than US$100m (JP¥6.93b market cap, or US$44.8m).お知らせ • Aug 27Trenders, Inc. to Report Q2, 2025 Results on Nov 14, 2024Trenders, Inc. announced that they will report Q2, 2025 results on Nov 14, 2024お知らせ • Aug 20Trenders, Inc. (TSE:6069) announces an Equity Buyback for 250,000 shares, representing 3.13% for ¥200 million.Trenders, Inc. (TSE:6069) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 3.13% of its total shares outstanding excluding treasury shares, for a total of ¥200 million. The purpose of repurchase program is to enhance shareholder returns and improve capital efficiency, as well as to enable a flexible capital policy in response to changes in the business environment. The repurchase program is valid till November 14, 2024. As of July 31, 2024, the company had 7,992,600 shares outstanding excluding treasury shares and had 0 shares in treasury.Reported Earnings • Aug 19First quarter 2025 earnings released: EPS: JP¥15.39 (vs JP¥16.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥15.39. Revenue: JP¥1.52b (up 5.7% from 1Q 2024). Net income: JP¥123.0m (flat on 1Q 2024). Profit margin: 8.1% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan.分析記事 • Aug 06Here's What To Make Of Trenders' (TSE:6069) Decelerating Rates Of ReturnTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...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¥754, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Media industry in Japan. Total returns to shareholders of 27% over the past three years.お知らせ • Jun 19Trenders, Inc. to Report Q1, 2025 Results on Aug 14, 2024Trenders, Inc. announced that they will report Q1, 2025 results on Aug 14, 2024分析記事 • May 22Trenders' (TSE:6069) Soft Earnings Are Actually Better Than They AppearTrenders, Inc.'s ( TSE:6069 ) earnings announcement last week didn't impress shareholders. While the headline numbers...Reported Earnings • May 19Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥65.59 (down from JP¥98.57 in FY 2023). Revenue: JP¥5.67b (down 38% from FY 2023). Net income: JP¥479.0m (down 32% from FY 2023). Profit margin: 8.4% (up from 7.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.お知らせ • May 16Trenders, Inc., Annual General Meeting, Jun 25, 2024Trenders, Inc., Annual General Meeting, Jun 25, 2024.Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥976, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 59% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.2%).お知らせ • Mar 02Trenders, Inc. to Report Fiscal Year 2024 Results on May 14, 2024Trenders, Inc. announced that they will report fiscal year 2024 results on May 14, 2024Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: JP¥22.87 (vs JP¥23.53 in 3Q 2023)Third quarter 2024 results: EPS: JP¥22.87 (down from JP¥23.53 in 3Q 2023). Revenue: JP¥1.53b (down 32% from 3Q 2023). Net income: JP¥168.0m (flat on 3Q 2023). Profit margin: 11% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,032, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Media industry in Japan. Total returns to shareholders of 67% over the past three years.お知らせ • Dec 07Trenders, Inc. to Report Q3, 2024 Results on Feb 14, 2024Trenders, Inc. announced that they will report Q3, 2024 results on Feb 14, 2024Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥12.19 (vs JP¥21.17 in 2Q 2023)Second quarter 2024 results: EPS: JP¥12.19 (down from JP¥21.17 in 2Q 2023). Revenue: JP¥1.26b (down 36% from 2Q 2023). Net income: JP¥88.0m (down 42% from 2Q 2023). Profit margin: 7.0% (down from 7.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 08Trenders, Inc. to Report Q2, 2024 Results on Nov 14, 2023Trenders, Inc. announced that they will report Q2, 2024 results on Nov 14, 2023New Risk • Sep 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (JP¥8.02b market cap, or US$54.1m).New Risk • Aug 17New 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 8.2% 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 (8.2% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.64b market cap, or US$66.0m).Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: JP¥16.96 (vs JP¥43.21 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.96 (down from JP¥43.21 in 1Q 2023). Revenue: JP¥1.43b (down 46% from 1Q 2023). Net income: JP¥122.0m (down 61% from 1Q 2023). Profit margin: 8.5% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. 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 21% per year.お知らせ • Jun 16Trenders, Inc. (TSE:6069) announces an Equity Buyback for 200,000 shares, representing 2.78% for ¥200 million.Trenders, Inc. (TSE:6069) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.78% of its share capital, for ¥200 million. The company will repurchase its shares to enhance shareholder returns and improving capital efficiency, enabling flexible capital policies that respond to changes in the business environment. The program will run until August 31, 2023. As of May 31, 2023, the company had 7,632,000 shares outstanding and 433,785 shares in treasury.Reported Earnings • May 16Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥98.57 (up from JP¥55.85 in FY 2022). Revenue: JP¥9.09b (up 39% from FY 2022). Net income: JP¥708.0m (up 77% from FY 2022). Profit margin: 7.8% (up from 6.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 5.8%. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% 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 • May 14Trenders, Inc., Annual General Meeting, Jun 23, 2023Trenders, Inc., Annual General Meeting, Jun 23, 2023.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,406, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Media industry in Japan. Total returns to shareholders of 210% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 17% and the cash payout ratio is 83%. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,523, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 95% over the past three years.Reported Earnings • Feb 17Third quarter 2023 earnings released: EPS: JP¥23.53 (vs JP¥20.99 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.53 (up from JP¥20.99 in 3Q 2022). Revenue: JP¥2.24b (up 23% from 3Q 2022). Net income: JP¥169.0m (up 13% from 3Q 2022). Profit margin: 7.5% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.お知らせ • Dec 28Trenders, Inc. to Report Q3, 2023 Results on Feb 14, 2023Trenders, Inc. announced that they will report Q3, 2023 results on Feb 14, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). External Director Hideharu Natsume was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Sep 29Trenders, Inc. to Report Q2, 2023 Results on Nov 14, 2022Trenders, Inc. announced that they will report Q2, 2023 results on Nov 14, 2022Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 42% share price gain to JP¥1,998, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 337% over the past three years.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 42% share price gain to JP¥1,998, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 337% over the past three years.Reported Earnings • Aug 15First quarter 2023 earnings released: EPS: JP¥43.21 (vs JP¥18.95 in 1Q 2022)First quarter 2023 results: EPS: JP¥43.21 (up from JP¥18.95 in 1Q 2022). Revenue: JP¥2.66b (up 66% from 1Q 2022). Net income: JP¥310.0m (up 130% from 1Q 2022). Profit margin: 12% (up from 8.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 6.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,568, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 178% over the past three years.お知らせ • Jun 29Trenders, Inc. to Report Q1, 2023 Results on Aug 12, 2022Trenders, Inc. announced that they will report Q1, 2023 results on Aug 12, 2022Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,238, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 121% over the past three years.Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥1,270, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 143% over the past three years.Reported Earnings • May 16Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥55.85 (up from JP¥43.82 in FY 2021). Revenue: JP¥6.56b (up 97% from FY 2021). Net income: JP¥399.0m (up 28% from FY 2021). Profit margin: 6.1% (down from 9.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 14%, compared to a 3.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 15Trenders, Inc., Annual General Meeting, Jun 28, 2022Trenders, Inc., Annual General Meeting, Jun 28, 2022.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). External Director Hideharu Natsume was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Apr 08Trenders, Inc. to Report Fiscal Year 2022 Results on May 13, 2022Trenders, Inc. announced that they will report fiscal year 2022 results on May 13, 2022Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,044, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Media industry in Japan. Total returns to shareholders of 60% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥821, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 17% over the past three years.Reported Earnings • Feb 20Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥20.99 (up from JP¥11.94 in 3Q 2021). Revenue: JP¥1.82b (up 117% from 3Q 2021). Net income: JP¥150.0m (up 79% from 3Q 2021). Profit margin: 8.2% (down from 10.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 17%, compared to a 3.0% growth forecast for the industry in Japan. 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 1% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥8.97 (vs JP¥12.06 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¥1.47b (up 59% from 2Q 2021). Net income: JP¥64.0m (down 26% from 2Q 2021). Profit margin: 4.4% (down from 9.3% in 2Q 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,192, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Media industry in Japan. Total loss to shareholders of 8.1% over the past three years.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥750, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Media industry in Japan. Total loss to shareholders of 40% over the past three years.Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥43.82 (vs JP¥45.81 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥3.33b (up 8.2% from FY 2020). Net income: JP¥311.0m (down 6.0% from FY 2020). Profit margin: 9.3% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses.お知らせ • Mar 04Trenders, Inc. to Report Fiscal Year 2021 Results on May 14, 2021Trenders, Inc. announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥11.94 (vs JP¥9.22 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¥838.0m (down 3.3% from 3Q 2020). Net income: JP¥84.0m (up 27% from 3Q 2020). Profit margin: 10.0% (up from 7.6% in 3Q 2020).Analyst Estimate Surprise Post Earnings • Feb 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 105%. Over the next year, revenue is expected to shrink by 1.1% compared to a 5.6% growth forecast for the Media industry in Japan.Is New 90 Day High Low • Dec 28New 90-day low: JP¥628The company is down 18% from its price of JP¥768 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period.お知らせ • Dec 05Trenders, Inc. to Report Q3, 2021 Results on Feb 12, 2021Trenders, Inc. announced that they will report Q3, 2021 results on Feb 12, 2021Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 20% share price gain to JP¥780, the stock is trading at a trailing P/E ratio of 11.6x, up from the previous P/E ratio of 9.7x. This compares to an average P/E of 26x in the Media industry in Japan. Total returns to shareholders over the past three years are 3.3%.お知らせ • Sep 21An unknown buyer agreed to acquire MAP Growth Investment Limited Partnership Status from Trenders, Inc. (TSE:6069) for ¥400 million.An unknown buyer agreed to acquire MAP Growth Investment Limited Partnership Status from Trenders, Inc. (TSE:6069) for ¥400 million on September 17, 2020. The transaction is resolved by the Board of Trenders, Inc. The transaction is expected to close on December 18, 2020.お知らせ • Sep 06Trenders, Inc. to Report Q2, 2021 Results on Nov 13, 2020Trenders, Inc. announced that they will report Q2, 2021 results on Nov 13, 2020業績と収益の成長予測TSE:6069 - 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3/31/202911,300640N/AN/A13/31/202810,400550N/A99813/31/20279,500500N/A81313/31/20268,2782162,2542,298N/A12/31/20257,500321N/AN/AN/A9/30/20256,743368-466-462N/A6/30/20256,370538N/AN/AN/A3/31/20256,191600-210-190N/A12/31/20246,122637N/AN/AN/A9/30/20245,985569692725N/A6/30/20245,755480N/AN/AN/A3/31/20245,673479820916N/A12/31/20236,456455N/AN/AN/A9/30/20237,171456-6844N/A6/30/20237,865520N/AN/AN/A3/31/20239,088708-58N/AN/A12/31/20228,520681N/AN/AN/A9/30/20228,098662127157N/A6/30/20227,612574N/AN/AN/A3/31/20226,557399314342N/A12/31/20215,856420N/AN/AN/A9/30/20214,875354655706N/A6/30/20214,332376N/AN/AN/A3/31/20213,333311506542N/A12/31/20203,109497N/AN/AN/A9/30/20203,138479-406-415N/A6/30/20202,768400N/AN/AN/A3/31/20203,079331-427-437N/A12/31/20193,133175N/AN/AN/A9/30/20192,882124N/A-550N/A6/30/20192,917108N/AN/AN/A3/31/20192,878317N/A-576N/A12/31/20151,603-12N/AN/AN/A9/30/20151,657-6N/A41N/A6/30/20151,78561N/AN/AN/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: 6069の予測収益成長率 (年間27.7% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 6069の収益 ( 27.7% ) はJP市場 ( 9.5% ) よりも速いペースで成長すると予測されています。高成長収益: 6069の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 6069の収益 ( 10.1% ) JP市場 ( 6.4% ) よりも速いペースで成長すると予測されています。高い収益成長: 6069の収益 ( 10.1% ) 20%よりも低い成長が予測されています。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: 6069の 自己資本利益率 は、3年後には低くなると予測されています ( 12.6 %)。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2026/06/17 06:57終値2026/06/17 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Trenders, Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Taro IshiharaDaiwa Securities Co. Ltd.Nobuo KurahashiIchiyoshi Research Institute Inc.
お知らせ • Jun 01Trenders, Inc. to Report Q1, 2027 Results on Aug 14, 2026Trenders, Inc. announced that they will report Q1, 2027 results on Aug 14, 2026
分析記事 • May 21We Think You Can Look Beyond Trenders' (TSE:6069) Lackluster EarningsTrenders, Inc.'s ( TSE:6069 ) earnings announcement last week didn't impress shareholders. However, our analysis...
Reported Earnings • May 19Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥27.65 (down from JP¥76.10 in FY 2025). Revenue: JP¥8.28b (up 34% from FY 2025). Net income: JP¥216.0m (down 64% from FY 2025). Profit margin: 2.6% (down from 9.7% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 23% per year.
お知らせ • May 14Trenders, Inc., Annual General Meeting, Jun 29, 2026Trenders, Inc., Annual General Meeting, Jun 29, 2026.
お知らせ • May 10Trenders, Inc. to Report Fiscal Year 2026 Results on May 14, 2026Trenders, Inc. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 14, 2026
Buy Or Sell Opportunity • Apr 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 35% to JP¥690. The fair value is estimated to be JP¥878, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 126% in the next 2 years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 4.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥781, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Media industry in Japan. Total loss to shareholders of 41% over the past three years.
分析記事 • Feb 16Returns On Capital At Trenders (TSE:6069) Paint A Concerning PictureFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: JP¥24.35 (vs JP¥30.33 in 3Q 2025)Third quarter 2026 results: EPS: JP¥24.35 (down from JP¥30.33 in 3Q 2025). Revenue: JP¥2.42b (up 46% from 3Q 2025). Net income: JP¥189.0m (down 20% from 3Q 2025). Profit margin: 7.8% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 20% per year.
Buy Or Sell Opportunity • Jan 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to JP¥1,011. The fair value is estimated to be JP¥840, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 135% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥1,048, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Media industry in Japan. Total loss to shareholders of 37% over the past three years.
Buy Or Sell Opportunity • Dec 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 10.0% to JP¥1,005. The fair value is estimated to be JP¥837, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 61% in 2 years. Earnings are forecast to grow by 135% in the next 2 years.
お知らせ • Dec 02Trenders, Inc. to Report Q3, 2026 Results on Feb 13, 2026Trenders, Inc. announced that they will report Q3, 2026 results on Feb 13, 2026
New Risk • Dec 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.5% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (JP¥7.27b market cap, or US$46.7m).
分析記事 • Nov 28Market Still Lacking Some Conviction On Trenders, Inc. (TSE:6069)It's not a stretch to say that Trenders, Inc.'s ( TSE:6069 ) price-to-earnings (or "P/E") ratio of 13.4x right now...
Buy Or Sell Opportunity • Sep 18Now 20% overvaluedOver the last 90 days, the stock has fallen 2.7% to JP¥906. The fair value is estimated to be JP¥754, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 49% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.
お知らせ • Sep 02Trenders, Inc. to Report Q2, 2026 Results on Nov 14, 2025Trenders, Inc. announced that they will report Q2, 2026 results on Nov 14, 2025
お知らせ • Aug 21Trenders, Inc. (TSE:6069) announces an Equity Buyback for 120,000 shares, representing 1.48% for ¥100 million.Trenders, Inc. (TSE:6069) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 1.48% of its total shares outstanding excluding treasury shares, for a total of ¥100 million. The purpose of repurchase program is to enhance shareholder returns and improve capital efficiency, while also enabling flexible capital policies that respond to changes in the business environment. The repurchase program is valid till November 14, 2025. As of July 31, 2025, the company had 8,101,000 shares outstanding excluding treasury shares and had 229,300 shares in treasury.
Reported Earnings • Aug 16First quarter 2026 earnings released: EPS: JP¥7.75 (vs JP¥15.39 in 1Q 2025)First quarter 2026 results: EPS: JP¥7.75 (down from JP¥15.39 in 1Q 2025). Revenue: JP¥1.70b (up 12% from 1Q 2025). Net income: JP¥61.0m (down 50% from 1Q 2025). Profit margin: 3.6% (down from 8.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Aug 14Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.5% to JP¥916. The fair value is estimated to be JP¥756, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 3.3%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
お知らせ • Jun 21Trenders, Inc. to Report Q1, 2026 Results on Aug 14, 2025Trenders, Inc. announced that they will report Q1, 2026 results on Aug 14, 2025
分析記事 • May 23There May Be Underlying Issues With The Quality Of Trenders' (TSE:6069) EarningsInvestors were disappointed with Trenders, Inc.'s ( TSE:6069 ) earnings, despite the strong profit numbers. We did some...
Reported Earnings • May 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: JP¥76.10 (up from JP¥65.59 in FY 2024). Revenue: JP¥6.19b (up 9.1% from FY 2024). Net income: JP¥600.0m (up 25% from FY 2024). Profit margin: 9.7% (up from 8.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
お知らせ • May 14Trenders, Inc., Annual General Meeting, Jun 24, 2025Trenders, Inc., Annual General Meeting, Jun 24, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥732, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Media industry in Japan. Total loss to shareholders of 22% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥27.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.3%).
お知らせ • Mar 20Trenders, Inc. (TSE:6069) agreed to acquire Zenplus Co., Ltd. from Satoshi Yokoyama and Koichi Fukuda.Trenders, Inc. (TSE:6069) agreed to acquire Zenplus Co., Ltd. from Satoshi Yokoyama and Koichi Fukuda on March 18, 2025. For the period ending December 31, 2024, Zenplus Co., Ltd. reported total revenue of ¥1.7 billion, EBIT of ¥48 million and net income of ¥27 million. As of December 31, 2024, Zenplus Co., Ltd. reported total assets of ¥458 million and total common equity of ¥92 million. The expected completion of the transaction is March 21, 2025.
お知らせ • Mar 04Trenders, Inc. to Report Fiscal Year 2025 Results on May 14, 2025Trenders, Inc. announced that they will report fiscal year 2025 results on May 14, 2025
Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥30.33 (vs JP¥22.87 in 3Q 2024)Third quarter 2025 results: EPS: JP¥30.33 (up from JP¥22.87 in 3Q 2024). Revenue: JP¥1.66b (up 9.0% from 3Q 2024). Net income: JP¥236.0m (up 41% from 3Q 2024). Profit margin: 14% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Feb 04Trenders, Inc. (TSE:6069) acquired Cosme Hunt, Inc.Trenders, Inc. (TSE:6069) acquired Cosme Hunt, Inc. on February 4, 2025. Under the terms of agreement, Trenders has acquired all shares of Cosme Hunt Inc. a company that comprehensively supports J-Beauty brands in entering the US market, making it a subsidiary. Trenders, Inc. (TSE:6069) completed the acquisition of Cosme Hunt, Inc. on February 4, 2025.
お知らせ • Dec 03Trenders, Inc. to Report Q3, 2025 Results on Feb 14, 2025Trenders, Inc. announced that they will report Q3, 2025 results on Feb 14, 2025
分析記事 • Nov 21We Think That There Are Some Issues For Trenders (TSE:6069) Beyond Its Promising EarningsThe market for Trenders, Inc.'s ( TSE:6069 ) stock was strong after it released a healthy earnings report last week...
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥976, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 17% over the past three years.
New Risk • Nov 07New 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 8.0% 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 (8.0% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (8.4% increase in shares outstanding). Market cap is less than US$100m (JP¥6.93b market cap, or US$44.8m).
お知らせ • Aug 27Trenders, Inc. to Report Q2, 2025 Results on Nov 14, 2024Trenders, Inc. announced that they will report Q2, 2025 results on Nov 14, 2024
お知らせ • Aug 20Trenders, Inc. (TSE:6069) announces an Equity Buyback for 250,000 shares, representing 3.13% for ¥200 million.Trenders, Inc. (TSE:6069) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 3.13% of its total shares outstanding excluding treasury shares, for a total of ¥200 million. The purpose of repurchase program is to enhance shareholder returns and improve capital efficiency, as well as to enable a flexible capital policy in response to changes in the business environment. The repurchase program is valid till November 14, 2024. As of July 31, 2024, the company had 7,992,600 shares outstanding excluding treasury shares and had 0 shares in treasury.
Reported Earnings • Aug 19First quarter 2025 earnings released: EPS: JP¥15.39 (vs JP¥16.96 in 1Q 2024)First quarter 2025 results: EPS: JP¥15.39. Revenue: JP¥1.52b (up 5.7% from 1Q 2024). Net income: JP¥123.0m (flat on 1Q 2024). Profit margin: 8.1% (down from 8.5% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan.
分析記事 • Aug 06Here's What To Make Of Trenders' (TSE:6069) Decelerating Rates Of ReturnTo find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
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¥754, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Media industry in Japan. Total returns to shareholders of 27% over the past three years.
お知らせ • Jun 19Trenders, Inc. to Report Q1, 2025 Results on Aug 14, 2024Trenders, Inc. announced that they will report Q1, 2025 results on Aug 14, 2024
分析記事 • May 22Trenders' (TSE:6069) Soft Earnings Are Actually Better Than They AppearTrenders, Inc.'s ( TSE:6069 ) earnings announcement last week didn't impress shareholders. While the headline numbers...
Reported Earnings • May 19Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥65.59 (down from JP¥98.57 in FY 2023). Revenue: JP¥5.67b (down 38% from FY 2023). Net income: JP¥479.0m (down 32% from FY 2023). Profit margin: 8.4% (up from 7.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.
お知らせ • May 16Trenders, Inc., Annual General Meeting, Jun 25, 2024Trenders, Inc., Annual General Meeting, Jun 25, 2024.
Valuation Update With 7 Day Price Move • May 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥976, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 59% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥26.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.2%).
お知らせ • Mar 02Trenders, Inc. to Report Fiscal Year 2024 Results on May 14, 2024Trenders, Inc. announced that they will report fiscal year 2024 results on May 14, 2024
Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: JP¥22.87 (vs JP¥23.53 in 3Q 2023)Third quarter 2024 results: EPS: JP¥22.87 (down from JP¥23.53 in 3Q 2023). Revenue: JP¥1.53b (down 32% from 3Q 2023). Net income: JP¥168.0m (flat on 3Q 2023). Profit margin: 11% (up from 7.5% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,032, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Media industry in Japan. Total returns to shareholders of 67% over the past three years.
お知らせ • Dec 07Trenders, Inc. to Report Q3, 2024 Results on Feb 14, 2024Trenders, Inc. announced that they will report Q3, 2024 results on Feb 14, 2024
Reported Earnings • Nov 20Second quarter 2024 earnings released: EPS: JP¥12.19 (vs JP¥21.17 in 2Q 2023)Second quarter 2024 results: EPS: JP¥12.19 (down from JP¥21.17 in 2Q 2023). Revenue: JP¥1.26b (down 36% from 2Q 2023). Net income: JP¥88.0m (down 42% from 2Q 2023). Profit margin: 7.0% (down from 7.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 08Trenders, Inc. to Report Q2, 2024 Results on Nov 14, 2023Trenders, Inc. announced that they will report Q2, 2024 results on Nov 14, 2023
New Risk • Sep 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (JP¥8.02b market cap, or US$54.1m).
New Risk • Aug 17New 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 8.2% 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 (8.2% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.64b market cap, or US$66.0m).
Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: JP¥16.96 (vs JP¥43.21 in 1Q 2023)First quarter 2024 results: EPS: JP¥16.96 (down from JP¥43.21 in 1Q 2023). Revenue: JP¥1.43b (down 46% from 1Q 2023). Net income: JP¥122.0m (down 61% from 1Q 2023). Profit margin: 8.5% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Japan. 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 21% per year.
お知らせ • Jun 16Trenders, Inc. (TSE:6069) announces an Equity Buyback for 200,000 shares, representing 2.78% for ¥200 million.Trenders, Inc. (TSE:6069) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.78% of its share capital, for ¥200 million. The company will repurchase its shares to enhance shareholder returns and improving capital efficiency, enabling flexible capital policies that respond to changes in the business environment. The program will run until August 31, 2023. As of May 31, 2023, the company had 7,632,000 shares outstanding and 433,785 shares in treasury.
Reported Earnings • May 16Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: JP¥98.57 (up from JP¥55.85 in FY 2022). Revenue: JP¥9.09b (up 39% from FY 2022). Net income: JP¥708.0m (up 77% from FY 2022). Profit margin: 7.8% (up from 6.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 5.8%. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 22% 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 • May 14Trenders, Inc., Annual General Meeting, Jun 23, 2023Trenders, Inc., Annual General Meeting, Jun 23, 2023.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,406, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Media industry in Japan. Total returns to shareholders of 210% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥22.00 per share at 1.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 June 2023. Payout ratio is a comfortable 17% and the cash payout ratio is 83%. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,523, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 95% over the past three years.
Reported Earnings • Feb 17Third quarter 2023 earnings released: EPS: JP¥23.53 (vs JP¥20.99 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.53 (up from JP¥20.99 in 3Q 2022). Revenue: JP¥2.24b (up 23% from 3Q 2022). Net income: JP¥169.0m (up 13% from 3Q 2022). Profit margin: 7.5% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year and the company’s share price has also increased by 26% per year.
お知らせ • Dec 28Trenders, Inc. to Report Q3, 2023 Results on Feb 14, 2023Trenders, Inc. announced that they will report Q3, 2023 results on Feb 14, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). External Director Hideharu Natsume was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Sep 29Trenders, Inc. to Report Q2, 2023 Results on Nov 14, 2022Trenders, Inc. announced that they will report Q2, 2023 results on Nov 14, 2022
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 42% share price gain to JP¥1,998, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 337% over the past three years.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 42% share price gain to JP¥1,998, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 337% over the past three years.
Reported Earnings • Aug 15First quarter 2023 earnings released: EPS: JP¥43.21 (vs JP¥18.95 in 1Q 2022)First quarter 2023 results: EPS: JP¥43.21 (up from JP¥18.95 in 1Q 2022). Revenue: JP¥2.66b (up 66% from 1Q 2022). Net income: JP¥310.0m (up 130% from 1Q 2022). Profit margin: 12% (up from 8.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 6.3% growth forecast for the Media industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥1,568, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 178% over the past three years.
お知らせ • Jun 29Trenders, Inc. to Report Q1, 2023 Results on Aug 12, 2022Trenders, Inc. announced that they will report Q1, 2023 results on Aug 12, 2022
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to JP¥1,238, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Media industry in Japan. Total returns to shareholders of 121% over the past three years.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 22% share price gain to JP¥1,270, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 143% over the past three years.
Reported Earnings • May 16Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: JP¥55.85 (up from JP¥43.82 in FY 2021). Revenue: JP¥6.56b (up 97% from FY 2021). Net income: JP¥399.0m (up 28% from FY 2021). Profit margin: 6.1% (down from 9.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 14%, compared to a 3.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 15Trenders, Inc., Annual General Meeting, Jun 28, 2022Trenders, Inc., Annual General Meeting, Jun 28, 2022.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). External Director Hideharu Natsume was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Apr 08Trenders, Inc. to Report Fiscal Year 2022 Results on May 13, 2022Trenders, Inc. announced that they will report fiscal year 2022 results on May 13, 2022
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,044, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Media industry in Japan. Total returns to shareholders of 60% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to JP¥821, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Media industry in Japan. Total returns to shareholders of 17% over the past three years.
Reported Earnings • Feb 20Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: JP¥20.99 (up from JP¥11.94 in 3Q 2021). Revenue: JP¥1.82b (up 117% from 3Q 2021). Net income: JP¥150.0m (up 79% from 3Q 2021). Profit margin: 8.2% (down from 10.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 17%, compared to a 3.0% growth forecast for the industry in Japan. 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 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS JP¥8.97 (vs JP¥12.06 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¥1.47b (up 59% from 2Q 2021). Net income: JP¥64.0m (down 26% from 2Q 2021). Profit margin: 4.4% (down from 9.3% in 2Q 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥1,192, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Media industry in Japan. Total loss to shareholders of 8.1% over the past three years.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to JP¥750, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Media industry in Japan. Total loss to shareholders of 40% over the past three years.
Reported Earnings • May 18Full year 2021 earnings released: EPS JP¥43.82 (vs JP¥45.81 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥3.33b (up 8.2% from FY 2020). Net income: JP¥311.0m (down 6.0% from FY 2020). Profit margin: 9.3% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses.
お知らせ • Mar 04Trenders, Inc. to Report Fiscal Year 2021 Results on May 14, 2021Trenders, Inc. announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 14Third quarter 2021 earnings released: EPS JP¥11.94 (vs JP¥9.22 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¥838.0m (down 3.3% from 3Q 2020). Net income: JP¥84.0m (up 27% from 3Q 2020). Profit margin: 10.0% (up from 7.6% in 3Q 2020).
Analyst Estimate Surprise Post Earnings • Feb 14Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 105%. Over the next year, revenue is expected to shrink by 1.1% compared to a 5.6% growth forecast for the Media industry in Japan.
Is New 90 Day High Low • Dec 28New 90-day low: JP¥628The company is down 18% from its price of JP¥768 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period.
お知らせ • Dec 05Trenders, Inc. to Report Q3, 2021 Results on Feb 12, 2021Trenders, Inc. announced that they will report Q3, 2021 results on Feb 12, 2021
Valuation Update With 7 Day Price Move • Dec 02Market bids up stock over the past weekAfter last week's 20% share price gain to JP¥780, the stock is trading at a trailing P/E ratio of 11.6x, up from the previous P/E ratio of 9.7x. This compares to an average P/E of 26x in the Media industry in Japan. Total returns to shareholders over the past three years are 3.3%.
お知らせ • Sep 21An unknown buyer agreed to acquire MAP Growth Investment Limited Partnership Status from Trenders, Inc. (TSE:6069) for ¥400 million.An unknown buyer agreed to acquire MAP Growth Investment Limited Partnership Status from Trenders, Inc. (TSE:6069) for ¥400 million on September 17, 2020. The transaction is resolved by the Board of Trenders, Inc. The transaction is expected to close on December 18, 2020.
お知らせ • Sep 06Trenders, Inc. to Report Q2, 2021 Results on Nov 13, 2020Trenders, Inc. announced that they will report Q2, 2021 results on Nov 13, 2020