View ValuationShirohato 将来の成長Future 基準チェック /06現在、 Shirohatoの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Specialty Retail 収益成長9.5%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥367, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total loss to shareholders of 4.9% over the past three years.Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥502, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 70% over the past three years.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥430, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 56% over the past three years.New Risk • Apr 07New 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.98b market cap, or US$18.7m).お知らせ • Apr 03Shirohato Co., Ltd. to Report Q1, 2027 Results on Apr 10, 2026Shirohato Co., Ltd. announced that they will report Q1, 2027 results on Apr 10, 2026Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥335, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 25% over the past three years.Reported Earnings • Mar 03Full year 2025 earnings released: EPS: JP¥70.61 (vs JP¥9.01 loss in FY 2024)Full year 2025 results: EPS: JP¥70.61 (up from JP¥9.01 loss in FY 2024). Revenue: JP¥6.02b (down 1.5% from FY 2024). Net income: JP¥470.0m (up JP¥530.0m from FY 2024). Profit margin: 7.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to JP¥310. The fair value is estimated to be JP¥256, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Jan 10Third quarter 2026 earnings released: JP¥7.66 loss per share (vs JP¥0.15 profit in 3Q 2025)Third quarter 2026 results: JP¥7.66 loss per share (down from JP¥0.15 profit in 3Q 2025). Revenue: JP¥1.52b (down 7.7% from 3Q 2025). Net loss: JP¥51.0m (down JP¥52.0m from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 09Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026.分析記事 • Jan 08Is Shirohato (TSE:3192) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Dec 21Shirohato Co., Ltd. to Report Fiscal Year 2026 Results on Jan 09, 2026Shirohato Co., Ltd. announced that they will report fiscal year 2026 results on Jan 09, 2026New Risk • Nov 22New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.3% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.07b market cap, or US$13.2m).Board Change • Nov 05Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 3 highly experienced directors. 1 independent director (3 non-independent directors). Outside Audit & Supervisory Board Member Norihide Iwanaga is the most experienced director on the board, commencing their role in 2013. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.分析記事 • Oct 17Solid Earnings May Not Tell The Whole Story For Shirohato (TSE:3192)The stock price didn't jump after Shirohato Co., Ltd. ( TSE:3192 ) posted decent earnings last week. Our analysis...分析記事 • Oct 14Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowIt's not a stretch to say that Shirohato Co., Ltd.'s ( TSE:3192 ) price-to-sales (or "P/S") ratio of 0.3x right now...Reported Earnings • Oct 11Second quarter 2026 earnings released: JP¥8.71 loss per share (vs JP¥0.90 profit in 2Q 2025)Second quarter 2026 results: JP¥8.71 loss per share (down from JP¥0.90 profit in 2Q 2025). Revenue: JP¥1.43b (down 5.9% from 2Q 2025). Net loss: JP¥58.0m (down JP¥64.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jul 30Shirohato Co., Ltd. to Report Q2, 2026 Results on Oct 10, 2025Shirohato Co., Ltd. announced that they will report Q2, 2026 results on Oct 10, 2025New Risk • Jul 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 4,829% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.86b market cap, or US$12.6m).Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥63.55 (vs JP¥6.01 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥63.55 (up from JP¥6.01 loss in 1Q 2025). Revenue: JP¥1.27b (down 3.1% from 1Q 2025). Net income: JP¥423.0m (up JP¥463.0m from 1Q 2025). Profit margin: 33% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (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 increased by 58% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.分析記事 • May 20Shirohato (TSE:3192) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 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 Risk Interest payments are not well covered by earnings (1.2x net interest cover). 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¥1.75b market cap, or US$12.0m).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥300, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 13% over the past three years.お知らせ • May 15Shirohato Co., Ltd. to Report Q1, 2026 Results on Jul 11, 2025Shirohato Co., Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025New Risk • Apr 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Market cap is less than US$100m (JP¥1.56b market cap, or US$10.9m).Reported Earnings • Apr 12Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (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 increased by 58% 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 • Apr 11Shirohato Co., Ltd., Annual General Meeting, May 29, 2025Shirohato Co., Ltd., Annual General Meeting, May 29, 2025.New Risk • Apr 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.33b (US$9.10m) 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. This is currently the only risk that has been identified for the company.分析記事 • Apr 06Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Specialty Retail industry in Japan, you could be...お知らせ • Feb 28Shirohato Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025Shirohato Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2025Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥0.15 (vs JP¥2.25 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.15 (up from JP¥2.25 loss in 3Q 2024). Revenue: JP¥1.64b (down 1.9% from 3Q 2024). Net income: JP¥1.00m (up JP¥16.0m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 06There's Reason For Concern Over Shirohato Co., Ltd.'s (TSE:3192) Massive 26% Price JumpShirohato Co., Ltd. ( TSE:3192 ) shareholders would be excited to see that the share price has had a great month...分析記事 • Oct 04Is Shirohato (TSE:3192) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Aug 05More Unpleasant Surprises Could Be In Store For Shirohato Co., Ltd.'s (TSE:3192) Shares After Tumbling 26%Shirohato Co., Ltd. ( TSE:3192 ) shareholders that were waiting for something to happen have been dealt a blow with a...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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-JP¥206m free cash flow). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥1.44b market cap, or US$10.1m).Reported Earnings • Jul 16First quarter 2025 earnings released: JP¥6.01 loss per share (vs JP¥8.56 loss in 1Q 2024)First quarter 2025 results: JP¥6.01 loss per share (improved from JP¥8.56 loss in 1Q 2024). Revenue: JP¥1.31b (down 11% from 1Q 2024). Net loss: JP¥40.0m (loss narrowed 30% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 14Full year 2024 earnings released: JP¥18.03 loss per share (vs JP¥10.97 profit in FY 2023)Full year 2024 results: JP¥18.03 loss per share (down from JP¥10.97 profit in FY 2023). Revenue: JP¥6.37b (flat on FY 2023). Net loss: JP¥120.0m (down 264% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 23+ 3 more updatesShirohato Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024Shirohato Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024Reported Earnings • Jan 14Third quarter 2024 earnings released: JP¥2.25 loss per share (vs JP¥2.70 loss in 3Q 2023)Third quarter 2024 results: JP¥2.25 loss per share (improved from JP¥2.70 loss in 3Q 2023). Revenue: JP¥1.67b (up 9.1% from 3Q 2023). Net loss: JP¥15.0m (loss narrowed 17% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 02Shirohato Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024Shirohato Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024New Risk • Oct 13New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥17m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥2.15b market cap, or US$14.4m).Reported Earnings • Oct 13Second quarter 2024 earnings released: JP¥3.16 loss per share (vs JP¥5.11 profit in 2Q 2023)Second quarter 2024 results: JP¥3.16 loss per share (down from JP¥5.11 profit in 2Q 2023). Revenue: JP¥1.59b (down 4.7% from 2Q 2023). Net loss: JP¥21.0m (down 162% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Aug 30Shirohato Co., Ltd. to Report Q2, 2024 Results on Oct 12, 2023Shirohato Co., Ltd. announced that they will report Q2, 2024 results on Oct 12, 2023New Risk • Jul 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.49b market cap, or US$17.9m).Reported Earnings • Jul 15First quarter 2024 earnings released: JP¥8.56 loss per share (vs JP¥2.25 profit in 1Q 2023)First quarter 2024 results: JP¥8.56 loss per share (down from JP¥2.25 profit in 1Q 2023). Revenue: JP¥1.47b (down 5.0% from 1Q 2023). Net loss: JP¥57.0m (down 480% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥409, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 29% over the past three years.Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥430, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 59% over the past three years.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥350, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 30% over the past three years.Reported Earnings • Apr 15Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 13Third quarter 2023 earnings released: JP¥2.70 loss per share (vs JP¥2.40 loss in 3Q 2022)Third quarter 2023 results: JP¥2.70 loss per share (further deteriorated from JP¥2.40 loss in 3Q 2022). Revenue: JP¥1.53b (up 1.3% from 3Q 2022). Net loss: JP¥18.0m (loss widened 13% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥5.11 (vs JP¥1.20 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥5.11 (up from JP¥1.20 loss in 2Q 2022). Revenue: JP¥1.67b (up 6.4% from 2Q 2022). Net income: JP¥34.0m (up JP¥42.0m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022).お知らせ • Aug 04Shirohato Co., Ltd. to Report Q2, 2022 Results on Oct 13, 2022Shirohato Co., Ltd. announced that they will report Q2, 2022 results on Oct 13, 2022Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).Reported Earnings • Jun 03Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). 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 8% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 15Shirohato Co., Ltd., Annual General Meeting, May 27, 2022Shirohato Co., Ltd., Annual General Meeting, May 27, 2022.Reported Earnings • Apr 14Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). 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 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥2.40 loss per share (up from JP¥8.11 loss in 3Q 2021). Revenue: JP¥1.51b (up 1.6% from 3Q 2021). Net loss: JP¥16.0m (loss narrowed 70% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 14Second quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥10.97 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥1.57b (up 14% from 2Q 2021). Net loss: JP¥8.00m (loss narrowed 89% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 15First quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥3.01 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥1.52b (up 17% from 1Q 2021). Net loss: JP¥8.00m (loss narrowed 60% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 02Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 16Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • Feb 16Shirohato Co., Ltd. to Report Fiscal Year 2020 Results on Apr 13, 2021Shirohato Co., Ltd. announced that they will report fiscal year 2020 results on Apr 13, 2021Reported Earnings • Jan 15Third quarter 2021 earnings released: JP¥8.11 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥1.49b (up 16% from 3Q 2020). Net loss: JP¥54.0m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 100% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 21New 90-day low: JP¥280The company is down 6.0% from its price of JP¥299 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Online Retail industry, which is also down 6.0% over the same period.Reported Earnings • Oct 14First half earnings releasedOver the last 12 months the company has reported total losses of JP¥161.0m, with losses widening by 232% from the prior year. Total revenue was JP¥5.31b over the last 12 months, largely unchanged from the prior year.Is New 90 Day High Low • Oct 12New 90-day high: JP¥339The company is up 7.0% from its price of JP¥316 on 14 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 30% over the same period.お知らせ • Aug 31Shirohato Co., Ltd. to Report Q2, 2021 Results on Oct 13, 2020Shirohato Co., Ltd. announced that they will report Q2, 2021 results on Oct 13, 2020 このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Shirohato は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TSE:3192 - 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11/30/20256,017470-407-379N/A8/31/20256,143522141150N/A5/31/20256,233586N/AN/AN/A2/28/20256,274123290326N/A11/30/20246,107-60N/AN/AN/A8/31/20246,139-76-2947N/A5/31/20246,213-103N/AN/AN/A2/29/20246,372-120-206-158N/A11/30/20236,339-51N/AN/AN/A8/31/20236,199-54-171-166N/A5/31/20236,2771N/AN/AN/A2/28/20236,35473-17-8N/A11/30/20226,372-160N/AN/AN/A8/31/20226,353-158101167N/A5/31/20226,252-200N/AN/AN/A2/28/20226,231-223678741N/A11/30/20216,133-172N/AN/AN/A8/31/20216,109-21076380N/A5/31/20215,910-275N/AN/AN/A2/28/20215,694-287-1,640-462N/A11/30/20205,446-224N/AN/AN/A8/31/20205,310-161-2,118-369N/A5/31/20205,290-123N/AN/AN/A2/29/20205,251-138-1,92669N/A2/28/20195,35743N/A-212N/A11/30/20185,37280N/AN/AN/A8/31/20185,384127N/A1N/A5/31/20185,362187N/AN/AN/A2/28/20185,247196N/A-14N/A11/30/20175,181189N/AN/AN/A8/31/20175,083139N/A74N/A5/31/20174,99577N/AN/AN/A2/28/20174,85563N/A87N/A11/30/20164,69877N/AN/AN/A8/31/20164,595102N/A96N/A5/31/20164,565131N/AN/AN/A2/29/20164,459124N/A173N/A11/30/20154,433118N/AN/AN/A8/31/20154,19398N/A83N/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: 3192の予測収益成長が 貯蓄率 ( 0.8% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 3192の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 3192の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 3192の収益がJP市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 3192の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3192の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YRetail 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2026/06/05 22:40終値2026/06/05 00:00収益2025/11/30年間収益2025/11/30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Shirohato 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。1 アナリスト機関Shogo OkiMarusan Securities Co. Ltd.
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥367, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total loss to shareholders of 4.9% over the past three years.
Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥502, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥430, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 56% over the past three years.
New Risk • Apr 07New 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.98b market cap, or US$18.7m).
お知らせ • Apr 03Shirohato Co., Ltd. to Report Q1, 2027 Results on Apr 10, 2026Shirohato Co., Ltd. announced that they will report Q1, 2027 results on Apr 10, 2026
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥335, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 25% over the past three years.
Reported Earnings • Mar 03Full year 2025 earnings released: EPS: JP¥70.61 (vs JP¥9.01 loss in FY 2024)Full year 2025 results: EPS: JP¥70.61 (up from JP¥9.01 loss in FY 2024). Revenue: JP¥6.02b (down 1.5% from FY 2024). Net income: JP¥470.0m (up JP¥530.0m from FY 2024). Profit margin: 7.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to JP¥310. The fair value is estimated to be JP¥256, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Jan 10Third quarter 2026 earnings released: JP¥7.66 loss per share (vs JP¥0.15 profit in 3Q 2025)Third quarter 2026 results: JP¥7.66 loss per share (down from JP¥0.15 profit in 3Q 2025). Revenue: JP¥1.52b (down 7.7% from 3Q 2025). Net loss: JP¥51.0m (down JP¥52.0m from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 09Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026.
分析記事 • Jan 08Is Shirohato (TSE:3192) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Dec 21Shirohato Co., Ltd. to Report Fiscal Year 2026 Results on Jan 09, 2026Shirohato Co., Ltd. announced that they will report fiscal year 2026 results on Jan 09, 2026
New Risk • Nov 22New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.3% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.07b market cap, or US$13.2m).
Board Change • Nov 05Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 3 highly experienced directors. 1 independent director (3 non-independent directors). Outside Audit & Supervisory Board Member Norihide Iwanaga is the most experienced director on the board, commencing their role in 2013. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
分析記事 • Oct 17Solid Earnings May Not Tell The Whole Story For Shirohato (TSE:3192)The stock price didn't jump after Shirohato Co., Ltd. ( TSE:3192 ) posted decent earnings last week. Our analysis...
分析記事 • Oct 14Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowIt's not a stretch to say that Shirohato Co., Ltd.'s ( TSE:3192 ) price-to-sales (or "P/S") ratio of 0.3x right now...
Reported Earnings • Oct 11Second quarter 2026 earnings released: JP¥8.71 loss per share (vs JP¥0.90 profit in 2Q 2025)Second quarter 2026 results: JP¥8.71 loss per share (down from JP¥0.90 profit in 2Q 2025). Revenue: JP¥1.43b (down 5.9% from 2Q 2025). Net loss: JP¥58.0m (down JP¥64.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jul 30Shirohato Co., Ltd. to Report Q2, 2026 Results on Oct 10, 2025Shirohato Co., Ltd. announced that they will report Q2, 2026 results on Oct 10, 2025
New Risk • Jul 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 4,829% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.86b market cap, or US$12.6m).
Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥63.55 (vs JP¥6.01 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥63.55 (up from JP¥6.01 loss in 1Q 2025). Revenue: JP¥1.27b (down 3.1% from 1Q 2025). Net income: JP¥423.0m (up JP¥463.0m from 1Q 2025). Profit margin: 33% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (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 increased by 58% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
分析記事 • May 20Shirohato (TSE:3192) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • May 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 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 Risk Interest payments are not well covered by earnings (1.2x net interest cover). 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¥1.75b market cap, or US$12.0m).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥300, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 13% over the past three years.
お知らせ • May 15Shirohato Co., Ltd. to Report Q1, 2026 Results on Jul 11, 2025Shirohato Co., Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025
New Risk • Apr 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Market cap is less than US$100m (JP¥1.56b market cap, or US$10.9m).
Reported Earnings • Apr 12Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (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 increased by 58% 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 • Apr 11Shirohato Co., Ltd., Annual General Meeting, May 29, 2025Shirohato Co., Ltd., Annual General Meeting, May 29, 2025.
New Risk • Apr 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.33b (US$9.10m) 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. This is currently the only risk that has been identified for the company.
分析記事 • Apr 06Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Specialty Retail industry in Japan, you could be...
お知らせ • Feb 28Shirohato Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025Shirohato Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2025
Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥0.15 (vs JP¥2.25 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.15 (up from JP¥2.25 loss in 3Q 2024). Revenue: JP¥1.64b (down 1.9% from 3Q 2024). Net income: JP¥1.00m (up JP¥16.0m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 06There's Reason For Concern Over Shirohato Co., Ltd.'s (TSE:3192) Massive 26% Price JumpShirohato Co., Ltd. ( TSE:3192 ) shareholders would be excited to see that the share price has had a great month...
分析記事 • Oct 04Is Shirohato (TSE:3192) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Aug 05More Unpleasant Surprises Could Be In Store For Shirohato Co., Ltd.'s (TSE:3192) Shares After Tumbling 26%Shirohato Co., Ltd. ( TSE:3192 ) shareholders that were waiting for something to happen have been dealt a blow with a...
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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-JP¥206m free cash flow). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥1.44b market cap, or US$10.1m).
Reported Earnings • Jul 16First quarter 2025 earnings released: JP¥6.01 loss per share (vs JP¥8.56 loss in 1Q 2024)First quarter 2025 results: JP¥6.01 loss per share (improved from JP¥8.56 loss in 1Q 2024). Revenue: JP¥1.31b (down 11% from 1Q 2024). Net loss: JP¥40.0m (loss narrowed 30% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 14Full year 2024 earnings released: JP¥18.03 loss per share (vs JP¥10.97 profit in FY 2023)Full year 2024 results: JP¥18.03 loss per share (down from JP¥10.97 profit in FY 2023). Revenue: JP¥6.37b (flat on FY 2023). Net loss: JP¥120.0m (down 264% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 23+ 3 more updatesShirohato Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024Shirohato Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024
Reported Earnings • Jan 14Third quarter 2024 earnings released: JP¥2.25 loss per share (vs JP¥2.70 loss in 3Q 2023)Third quarter 2024 results: JP¥2.25 loss per share (improved from JP¥2.70 loss in 3Q 2023). Revenue: JP¥1.67b (up 9.1% from 3Q 2023). Net loss: JP¥15.0m (loss narrowed 17% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 02Shirohato Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024Shirohato Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024
New Risk • Oct 13New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥17m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥2.15b market cap, or US$14.4m).
Reported Earnings • Oct 13Second quarter 2024 earnings released: JP¥3.16 loss per share (vs JP¥5.11 profit in 2Q 2023)Second quarter 2024 results: JP¥3.16 loss per share (down from JP¥5.11 profit in 2Q 2023). Revenue: JP¥1.59b (down 4.7% from 2Q 2023). Net loss: JP¥21.0m (down 162% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Aug 30Shirohato Co., Ltd. to Report Q2, 2024 Results on Oct 12, 2023Shirohato Co., Ltd. announced that they will report Q2, 2024 results on Oct 12, 2023
New Risk • Jul 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.49b market cap, or US$17.9m).
Reported Earnings • Jul 15First quarter 2024 earnings released: JP¥8.56 loss per share (vs JP¥2.25 profit in 1Q 2023)First quarter 2024 results: JP¥8.56 loss per share (down from JP¥2.25 profit in 1Q 2023). Revenue: JP¥1.47b (down 5.0% from 1Q 2023). Net loss: JP¥57.0m (down 480% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥409, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 29% over the past three years.
Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥430, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 59% over the past three years.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥350, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 30% over the past three years.
Reported Earnings • Apr 15Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 13Third quarter 2023 earnings released: JP¥2.70 loss per share (vs JP¥2.40 loss in 3Q 2022)Third quarter 2023 results: JP¥2.70 loss per share (further deteriorated from JP¥2.40 loss in 3Q 2022). Revenue: JP¥1.53b (up 1.3% from 3Q 2022). Net loss: JP¥18.0m (loss widened 13% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥5.11 (vs JP¥1.20 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥5.11 (up from JP¥1.20 loss in 2Q 2022). Revenue: JP¥1.67b (up 6.4% from 2Q 2022). Net income: JP¥34.0m (up JP¥42.0m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022).
お知らせ • Aug 04Shirohato Co., Ltd. to Report Q2, 2022 Results on Oct 13, 2022Shirohato Co., Ltd. announced that they will report Q2, 2022 results on Oct 13, 2022
Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).
Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).
Reported Earnings • Jun 03Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). 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 8% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 15Shirohato Co., Ltd., Annual General Meeting, May 27, 2022Shirohato Co., Ltd., Annual General Meeting, May 27, 2022.
Reported Earnings • Apr 14Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). 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 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥2.40 loss per share (up from JP¥8.11 loss in 3Q 2021). Revenue: JP¥1.51b (up 1.6% from 3Q 2021). Net loss: JP¥16.0m (loss narrowed 70% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 14Second quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥10.97 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥1.57b (up 14% from 2Q 2021). Net loss: JP¥8.00m (loss narrowed 89% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 15First quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥3.01 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥1.52b (up 17% from 1Q 2021). Net loss: JP¥8.00m (loss narrowed 60% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 02Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 16Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 16Shirohato Co., Ltd. to Report Fiscal Year 2020 Results on Apr 13, 2021Shirohato Co., Ltd. announced that they will report fiscal year 2020 results on Apr 13, 2021
Reported Earnings • Jan 15Third quarter 2021 earnings released: JP¥8.11 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥1.49b (up 16% from 3Q 2020). Net loss: JP¥54.0m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 100% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 21New 90-day low: JP¥280The company is down 6.0% from its price of JP¥299 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Online Retail industry, which is also down 6.0% over the same period.
Reported Earnings • Oct 14First half earnings releasedOver the last 12 months the company has reported total losses of JP¥161.0m, with losses widening by 232% from the prior year. Total revenue was JP¥5.31b over the last 12 months, largely unchanged from the prior year.
Is New 90 Day High Low • Oct 12New 90-day high: JP¥339The company is up 7.0% from its price of JP¥316 on 14 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 30% over the same period.
お知らせ • Aug 31Shirohato Co., Ltd. to Report Q2, 2021 Results on Oct 13, 2020Shirohato Co., Ltd. announced that they will report Q2, 2021 results on Oct 13, 2020