View Past PerformanceWHY HOW DO COMPANY バランスシートの健全性財務の健全性 基準チェック /56WHY HOW DO COMPANYの総株主資本は¥1.4B 、総負債は¥1.1Bで、負債比率は80.7%となります。総資産と総負債はそれぞれ¥3.3Bと¥1.9Bです。主要情報80.72%負債資本比率JP¥1.14b負債インタレスト・カバレッジ・レシオn/a現金JP¥1.30bエクイティJP¥1.42b負債合計JP¥1.93b総資産JP¥3.35b財務の健全性に関する最新情報分析記事 • Jan 09Is WHY HOW DO COMPANY (TSE:3823) 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 • Sep 18Health Check: How Prudently Does WHY HOW DO COMPANY (TSE:3823) Use 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 • Mar 09Is WHY HOW DO COMPANY (TSE:3823) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Mar 01Is WHY HOW DO COMPANY (TSE:3823) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesお知らせ • Apr 23THE WHY HOW DO COMPANY, Inc. (TSE:3823) completed the acquisition of 6.86% stake in Iiyama Doken Co., Ltd. from Shigeki Sato.THE WHY HOW DO COMPANY, Inc. (TSE:3823) agreed to acquire 6.86% stake in Iiyama Doken Co., Ltd. from Shigeki Sato for ¥74.7 million on March 27, 2026. The consideration consists of common equity of THE WHY HOW DO COMPANY, Inc. to be issued for common equity of Iiyama Doken Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Iiyama Doken Co., Ltd. The agreement is expected to signed on March 28, 2026. For the period ending March 31, 2025, Iiyama Doken Co., Ltd. reported total revenue of ¥301 million, EBIT of ¥90 million and net income of ¥69 million. As of March 31, 2025, Iiyama Doken Co., Ltd. reported total assets of ¥730 million and total common equity of ¥652 million. The expected completion of the transaction is April 21, 2026. THE WHY HOW DO COMPANY, Inc. (TSE:3823) completed the acquisition of 6.86% stake in Iiyama Doken Co., Ltd. from Shigeki Sato on April 21, 2026.Reported Earnings • Apr 17Second quarter 2026 earnings released: JP¥2.92 loss per share (vs JP¥0.31 loss in 2Q 2025)Second quarter 2026 results: JP¥2.92 loss per share (further deteriorated from JP¥0.31 loss in 2Q 2025). Revenue: JP¥893.0m (up 122% from 2Q 2025). Net loss: JP¥383.0m (loss widened JP¥355.0m from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Apr 14THE WHY HOW DO COMPANY, Inc. announced that it has received ¥4.623 million in funding from Long Corridor Asset Management Limited, Lighthouse Investment Partners, LLC, Kizan Co., Ltd., Blackstone Alternative Asset Management L.P.On April 13, 2026, THE WHY HOW DO COMPANY, Inc. has closed the transaction and issued to Long Corridor Alpha Opportunities Master Fund for 16th Series of Stock Acquisition Rights, MAP246 Segregated Portfolio, a segregated portfolio of LMA SPC for 17th Series of Stock Acquisition Rights, BEMAP Master Fund Ltd. for 18th Series of Stock Acquisition Rights, Kizan Co., Ltd. for 19th Series Stock Acquisition Rights.お知らせ • Apr 07THE WHY HOW DO COMPANY, Inc. to Report Q2, 2026 Results on Apr 14, 2026THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2026 results on Apr 14, 2026分析記事 • Feb 10THE WHY HOW DO COMPANY, Inc. (TSE:3823) Stocks Shoot Up 36% But Its P/S Still Looks ReasonableTHE WHY HOW DO COMPANY, Inc. ( TSE:3823 ) shares have had a really impressive month, gaining 36% after a shaky period...Reported Earnings • Jan 15First quarter 2026 earnings released: JP¥1.22 loss per share (vs JP¥0.53 loss in 1Q 2025)First quarter 2026 results: JP¥1.22 loss per share (further deteriorated from JP¥0.53 loss in 1Q 2025). Revenue: JP¥806.0m (up 99% from 1Q 2025). Net loss: JP¥156.0m (loss widened 281% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.分析記事 • Jan 09Is WHY HOW DO COMPANY (TSE:3823) 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...New Risk • Dec 03New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥6.18b market cap, or US$39.7m).お知らせ • Nov 27THE WHY HOW DO COMPANY, Inc. to Report Q1, 2026 Results on Jan 14, 2026THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2026 results on Jan 14, 2026分析記事 • Nov 18What You Can Learn From THE WHY HOW DO COMPANY, Inc.'s (TSE:3823) P/SWhen you see that almost half of the companies in the Software industry in Japan have price-to-sales ratios (or "P/S...Reported Earnings • Oct 16Full year 2025 earnings released: JP¥0.73 loss per share (vs JP¥17.58 loss in FY 2024)Full year 2025 results: JP¥0.73 loss per share (improved from JP¥17.58 loss in FY 2024). Revenue: JP¥1.75b (up 134% from FY 2024). Net loss: JP¥69.0m (loss narrowed 93% from FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.お知らせ • Oct 15THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 27, 2025THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 27, 2025.分析記事 • Sep 18Health Check: How Prudently Does WHY HOW DO COMPANY (TSE:3823) Use Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Aug 28THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2025 Results on Oct 15, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2025 results on Oct 15, 2025分析記事 • Aug 06Why We're Not Concerned Yet About THE WHY HOW DO COMPANY, Inc.'s (TSE:3823) 29% Share Price PlungeTSE:3823 1 Year Share Price vs Fair Value Explore WHY HOW DO COMPANY's Fair Values from the Community and select yours...Reported Earnings • Jul 16Third quarter 2025 earnings released: EPS: JP¥0.31 (vs JP¥2.18 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.31 (up from JP¥2.18 loss in 3Q 2024). Revenue: JP¥465.0m (up 194% from 3Q 2024). Net income: JP¥32.0m (up JP¥177.0m from 3Q 2024). Profit margin: 6.9% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • May 27THE WHY HOW DO COMPANY, Inc. to Report Q3, 2025 Results on Jul 15, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report Q3, 2025 results on Jul 15, 2025Reported Earnings • Apr 15Second quarter 2025 earnings released: JP¥0.31 loss per share (vs JP¥2.62 loss in 2Q 2024)Second quarter 2025 results: JP¥0.31 loss per share (improved from JP¥2.62 loss in 2Q 2024). Revenue: JP¥403.0m (up 107% from 2Q 2024). Net loss: JP¥28.0m (loss narrowed 75% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 25Hiroyuki Fukuda agreed to acquire Ube Seikan Recycling Center Co., Ltd. from THE WHY HOW DO COMPANY, Inc. (TSE:3823) for ¥1 million.Hiroyuki Fukuda agreed to acquire Ube Seikan Recycling Center Co., Ltd. from THE WHY HOW DO COMPANY, Inc. (TSE:3823) for ¥1 million on March 25, 2025. A cash consideration of ¥1 million will be paid by Hiroyuki Fukuda for 1,000 shares. For the period ending August 31, 2024, Ube Seikan Recycling Center Co., Ltd. reported operating loss of ¥0.04 million and net loss of ¥0.63 million. As of August 31, 2024, Ube Seikan Recycling Center Co., Ltd. reported total assets of ¥0.43 million and net liabilities of ¥0.64 million. The expected completion of the transaction is by the end of March, 2025.分析記事 • Mar 09Is WHY HOW DO COMPANY (TSE:3823) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Mar 05THE WHY HOW DO COMPANY, Inc. to Report Q2, 2025 Results on Apr 14, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2025 results on Apr 14, 2025お知らせ • Jan 29THE WHY HOW DO COMPANY, Inc. (TSE:3823) signed a letter of intent to acquire 51% stake in Sunrise Japan Co., Ltd. from Ever Onward Co., Ltd.THE WHY HOW DO COMPANY, Inc. (TSE:3823) signed a letter of intent to acquire 51% stake in Sunrise Japan Co., Ltd. from Ever Onward Co., Ltd. on January 28, 2025. For the period ending October 31, 2024, Sunrise Japan Co., Ltd. reported total revenue of ¥706 million, EBIT of ¥45 million and net income of ¥1.54 billion. As of October 31, 2024, Sunrise Japan Co., Ltd. reported total assets of ¥614 million and total common equity of ¥2.67 billion. The expected completion of the transaction is February 3, 2025.Reported Earnings • Jan 15First quarter 2025 earnings released: JP¥0.53 loss per share (vs JP¥1.82 loss in 1Q 2024)First quarter 2025 results: JP¥0.53 loss per share (improved from JP¥1.82 loss in 1Q 2024). Revenue: JP¥406.0m (up 120% from 1Q 2024). Net loss: JP¥41.0m (loss narrowed 35% from 1Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 04Full year 2024 earnings released: JP¥17.58 loss per share (vs JP¥10.01 loss in FY 2023)Full year 2024 results: JP¥17.58 loss per share (further deteriorated from JP¥10.01 loss in FY 2023). Revenue: JP¥747.0m (down 21% from FY 2023). Net loss: JP¥961.0m (loss widened 177% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.お知らせ • Dec 02THE WHY HOW DO COMPANY, Inc. to Report Q1, 2025 Results on Jan 14, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2025 results on Jan 14, 2025New Risk • Oct 22New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -JP¥843m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-JP¥843m). Revenue is less than US$5m (JP¥747m revenue, or US$5.0m). Market cap is less than US$100m (JP¥2.10b market cap, or US$13.9m).Reported Earnings • Oct 19Full year 2024 earnings released: JP¥17.58 loss per share (vs JP¥10.01 loss in FY 2023)Full year 2024 results: JP¥17.58 loss per share (further deteriorated from JP¥10.01 loss in FY 2023). Revenue: JP¥747.0m (down 21% from FY 2023). Net loss: JP¥961.0m (loss widened 177% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.お知らせ • Oct 18THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2024THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2024.お知らせ • Aug 27THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2024 Results on Oct 16, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2024 results on Oct 16, 2024Reported Earnings • Jul 18Third quarter 2024 earnings released: JP¥2.18 loss per share (vs JP¥3.17 loss in 3Q 2023)Third quarter 2024 results: JP¥2.18 loss per share. Revenue: JP¥158.0m (down 28% from 3Q 2023). Net loss: JP¥145.0m (loss widened 32% from 3Q 2023).New Risk • Jul 02New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: JP¥806m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥586m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (114% increase in shares outstanding). Minor Risks Revenue is less than US$5m (JP¥806m revenue, or US$5.0m). Market cap is less than US$100m (JP¥2.44b market cap, or US$15.1m).お知らせ • May 29THE WHY HOW DO COMPANY, Inc. to Report Q3, 2024 Results on Jul 16, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report Q3, 2024 results on Jul 16, 2024New Risk • Apr 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥586m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥2.71b market cap, or US$17.5m).New Risk • Apr 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -JP¥586m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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¥586m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (JP¥2.15b market cap, or US$13.9m).Reported Earnings • Apr 16Second quarter 2024 earnings released: JP¥2.62 loss per share (vs JP¥1.59 loss in 2Q 2023)Second quarter 2024 results: JP¥2.62 loss per share (further deteriorated from JP¥1.59 loss in 2Q 2023). Revenue: JP¥195.0m (down 31% from 2Q 2023). Net loss: JP¥112.0m (loss widened 104% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.分析記事 • Mar 01Is WHY HOW DO COMPANY (TSE:3823) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Jan 31THE WHY HOW DO COMPANY, Inc. to Report Q2, 2024 Results on Apr 15, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2024 results on Apr 15, 2024New Risk • Jan 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (JP¥1.62b market cap, or US$11.0m).Reported Earnings • Jan 16First quarter 2024 earnings released: JP¥1.82 loss per share (vs JP¥2.05 loss in 1Q 2023)First quarter 2024 results: JP¥1.82 loss per share (improved from JP¥2.05 loss in 1Q 2023). Revenue: JP¥185.0m (down 21% from 1Q 2023). Net loss: JP¥63.0m (loss narrowed 11% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.お知らせ • Nov 01THE WHY HOW DO COMPANY, Inc. to Report Q1, 2024 Results on Jan 15, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2024 results on Jan 15, 2024New Risk • Oct 26New 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 Earnings have declined by 16% per year over the past 5 years. 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¥2.12b market cap, or US$14.1m).お知らせ • Oct 20THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2023THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2023.Reported Earnings • Oct 19Full year 2023 earnings released: JP¥10.01 loss per share (vs JP¥12.65 loss in FY 2022)Full year 2023 results: JP¥10.01 loss per share (improved from JP¥12.65 loss in FY 2022). Revenue: JP¥941.0m (up 2.4% from FY 2022). Net loss: JP¥347.0m (loss narrowed 14% from FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.お知らせ • Aug 04THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2023 Results on Oct 16, 2023THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2023 results on Oct 16, 2023Reported Earnings • Jul 20Third quarter 2023 earnings released: JP¥3.17 loss per share (vs JP¥1.28 loss in 3Q 2022)Third quarter 2023 results: JP¥3.17 loss per share (further deteriorated from JP¥1.28 loss in 3Q 2022). Revenue: JP¥221.0m (up 6.3% from 3Q 2022). Net loss: JP¥110.0m (loss widened 168% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 16Second quarter 2023 earnings released: JP¥1.59 loss per share (vs JP¥1.58 loss in 2Q 2022)Second quarter 2023 results: JP¥1.59 loss per share (further deteriorated from JP¥1.58 loss in 2Q 2022). Revenue: JP¥282.0m (up 12% from 2Q 2022). Net loss: JP¥55.0m (loss widened 15% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Feb 01THE WHY HOW DO COMPANY, Inc. to Report Q2, 2023 Results on Apr 14, 2023THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2023 results on Apr 14, 2023Reported Earnings • Jan 17First quarter 2023 earnings released: JP¥2.05 loss per share (vs JP¥0.23 loss in 1Q 2022)First quarter 2023 results: JP¥2.05 loss per share (further deteriorated from JP¥0.23 loss in 1Q 2022). Revenue: JP¥233.0m (down 8.6% from 1Q 2022). Net loss: JP¥71.0m (loss widened JP¥64.0m from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 04Full year 2022 earnings released: JP¥12.65 loss per share (vs JP¥20.27 loss in FY 2021)Full year 2022 results: JP¥12.65 loss per share (improved from JP¥20.27 loss in FY 2021). Revenue: JP¥919.0m (up 2.0% from FY 2021). Net loss: JP¥403.0m (loss narrowed 31% from FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 2 highly experienced directors. Standing Corporate Auditor Hiroshi Hongo was the last director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Nov 03THE WHY HOW DO COMPANY, Inc. to Report Q1, 2023 Results on Jan 16, 2023THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2023 results on Jan 16, 2023お知らせ • Oct 19THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 25, 2022THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 25, 2022.Reported Earnings • Oct 18Full year 2022 earnings released: JP¥12.65 loss per share (vs JP¥20.27 loss in FY 2021)Full year 2022 results: JP¥12.65 loss per share (improved from JP¥20.27 loss in FY 2021). Revenue: JP¥919.0m (up 2.0% from FY 2021). Net loss: JP¥403.0m (loss narrowed 31% from FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Aug 03THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2022 Results on Oct 17, 2022THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2022 results on Oct 17, 2022Reported Earnings • Jul 17Third quarter 2022 earnings released: JP¥1.28 loss per share (vs JP¥7.02 loss in 3Q 2021)Third quarter 2022 results: JP¥1.28 loss per share (up from JP¥7.02 loss in 3Q 2021). Revenue: JP¥208.0m (down 8.8% from 3Q 2021). Net loss: JP¥41.0m (loss narrowed 80% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 12% per year.お知らせ • May 04THE WHY HOW DO COMPANY,Inc. to Report Q3, 2022 Results on Jul 15, 2022THE WHY HOW DO COMPANY,Inc. announced that they will report Q3, 2022 results on Jul 15, 2022Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 2 highly experienced directors. Standing Corporate Auditor Hiroshi Hongo was the last director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Apr 15Second quarter 2022 earnings released: JP¥1.58 loss per share (vs JP¥3.96 loss in 2Q 2021)Second quarter 2022 results: JP¥1.58 loss per share (up from JP¥3.96 loss in 2Q 2021). Revenue: JP¥252.0m (up 14% from 2Q 2021). Net loss: JP¥48.0m (loss narrowed 57% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • Apr 01THE WHY HOW DO COMPANY,Inc. announced that it expects to receive ¥718.4244 million in funding from Kowa Company, Ltd.Acrodea, Inc announced a private placement of 4,310,000 shares at a price of ¥162 per share for proceeds of ¥698,220,000 and 67,800 12th stock acquisition right at a price of ¥298 per stock acquisition right ¥1,118,564,400 for aggregate gross proceeds of ¥?718,424,400? on March 31, 2022. The transaction will include participation from Katsumi Tanabe for 1,230,000 shares and Kowa Company, Ltd. for 3,080,000 shares. The 11th stock acquisition rights have an exercise price of ¥162 per warrant. The transaction is expected to close on April 28, 2022. The company issued shares through third party allotment method. The transaction was approved by board of directors of the company.お知らせ • Feb 04THE WHY HOW DO COMPANY, Inc. to Report Q2, 2022 Results on Apr 14, 2022THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2022 results on Apr 14, 2022Reported Earnings • Jan 16First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: JP¥0.23 loss per share (up from JP¥4.16 loss in 1Q 2021). Revenue: JP¥255.0m (up 4.9% from 1Q 2021). Net loss: JP¥7.00m (loss narrowed 94% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 57% 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 • Dec 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: JP¥20.27 loss per share (up from JP¥40.02 loss in FY 2020). Revenue: JP¥901.0m (down 21% from FY 2020). Net loss: JP¥581.0m (loss narrowed 45% from FY 2020). 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 64 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 16Full year 2021 earnings released: JP¥20.27 loss per share (vs JP¥40.02 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥901.0m (down 21% from FY 2020). Net loss: JP¥581.0m (loss narrowed 45% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 18Third quarter 2021 earnings released: JP¥7.02 loss per share (vs JP¥5.47 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥228.0m (up 15% from 3Q 2020). Net loss: JP¥201.0m (loss widened 41% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 16Second quarter 2021 earnings released: JP¥3.96 loss per share (vs JP¥4.32 loss in 2Q 2020)The company reported a poor second quarter result with weaker revenues, weaker control over costs and no improvement to losses. Second quarter 2021 results: Revenue: JP¥221.0m (down 31% from 2Q 2020). Net loss: JP¥113.0m (flat on 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.お知らせ • Mar 06Acrodea, Inc. to Report Q2, 2021 Results on Apr 14, 2021Acrodea, Inc. announced that they will report Q2, 2021 results on Apr 14, 2021Is New 90 Day High Low • Feb 09New 90-day high: JP¥220The company is up 9.0% from its price of JP¥202 on 11 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 5.0% over the same period.Reported Earnings • Jan 15First quarter 2021 earnings released: JP¥4.16 loss per shareThe company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: JP¥243.0m (down 29% from 1Q 2020). Net loss: JP¥118.0m (down 403% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 10New 90-day low: JP¥182The company is down 26% from its price of JP¥245 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.Reported Earnings • Dec 04Full year 2020 earnings released: JP¥40.02 loss per shareThe company reported a poor full year result with increased losses and weaker revenues and control over expenses. Full year 2020 results: Revenue: JP¥1.15b (down 26% from FY 2019). Net loss: JP¥1.05b (loss widened 278% from FY 2019). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Sep 03Acrodea, Inc. to Report Fiscal Year 2020 Results on Oct 15, 2020Acrodea, Inc. announced that they will report fiscal year 2020 results on Oct 15, 2020お知らせ • Jun 16Acrodea, Inc. announced that it has received ¥163.558 million in funding from Waen Trading Co., Ltd.On June 15, 2020, Acrodea, Inc. (TSE:3823) closed the transaction.財務状況分析短期負債: 3823の 短期資産 ( ¥2.1B ) が 短期負債 ( ¥860.0M ) を超えています。長期負債: 3823の短期資産 ( ¥2.1B ) が 長期負債 ( ¥1.1B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 3823総負債よりも多くの現金を保有しています。負債の削減: 3823の負債対資本比率は、過去 5 年間で68.7%から80.7%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 3823は、現在の フリーキャッシュフロー に基づき、1 年以上にわたって十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: 3823は、フリー キャッシュ フローが毎年12.5 % の歴史的率で減少し続ける場合、 1年間十分なキャッシュ ランウェイを有しています。健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 19:20終値2026/05/22 00:00収益2026/02/28年間収益2025/08/31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THE WHY HOW DO COMPANY, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Sho OkawaraIchiyoshi Research Institute Inc.Michihiro AshiyaMizuho Securities Co., Ltd.
分析記事 • Jan 09Is WHY HOW DO COMPANY (TSE:3823) 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 • Sep 18Health Check: How Prudently Does WHY HOW DO COMPANY (TSE:3823) Use 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 • Mar 09Is WHY HOW DO COMPANY (TSE:3823) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Mar 01Is WHY HOW DO COMPANY (TSE:3823) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Apr 23THE WHY HOW DO COMPANY, Inc. (TSE:3823) completed the acquisition of 6.86% stake in Iiyama Doken Co., Ltd. from Shigeki Sato.THE WHY HOW DO COMPANY, Inc. (TSE:3823) agreed to acquire 6.86% stake in Iiyama Doken Co., Ltd. from Shigeki Sato for ¥74.7 million on March 27, 2026. The consideration consists of common equity of THE WHY HOW DO COMPANY, Inc. to be issued for common equity of Iiyama Doken Co., Ltd. As part of consideration, an undisclosed value is paid towards common equity of Iiyama Doken Co., Ltd. The agreement is expected to signed on March 28, 2026. For the period ending March 31, 2025, Iiyama Doken Co., Ltd. reported total revenue of ¥301 million, EBIT of ¥90 million and net income of ¥69 million. As of March 31, 2025, Iiyama Doken Co., Ltd. reported total assets of ¥730 million and total common equity of ¥652 million. The expected completion of the transaction is April 21, 2026. THE WHY HOW DO COMPANY, Inc. (TSE:3823) completed the acquisition of 6.86% stake in Iiyama Doken Co., Ltd. from Shigeki Sato on April 21, 2026.
Reported Earnings • Apr 17Second quarter 2026 earnings released: JP¥2.92 loss per share (vs JP¥0.31 loss in 2Q 2025)Second quarter 2026 results: JP¥2.92 loss per share (further deteriorated from JP¥0.31 loss in 2Q 2025). Revenue: JP¥893.0m (up 122% from 2Q 2025). Net loss: JP¥383.0m (loss widened JP¥355.0m from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Apr 14THE WHY HOW DO COMPANY, Inc. announced that it has received ¥4.623 million in funding from Long Corridor Asset Management Limited, Lighthouse Investment Partners, LLC, Kizan Co., Ltd., Blackstone Alternative Asset Management L.P.On April 13, 2026, THE WHY HOW DO COMPANY, Inc. has closed the transaction and issued to Long Corridor Alpha Opportunities Master Fund for 16th Series of Stock Acquisition Rights, MAP246 Segregated Portfolio, a segregated portfolio of LMA SPC for 17th Series of Stock Acquisition Rights, BEMAP Master Fund Ltd. for 18th Series of Stock Acquisition Rights, Kizan Co., Ltd. for 19th Series Stock Acquisition Rights.
お知らせ • Apr 07THE WHY HOW DO COMPANY, Inc. to Report Q2, 2026 Results on Apr 14, 2026THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2026 results on Apr 14, 2026
分析記事 • Feb 10THE WHY HOW DO COMPANY, Inc. (TSE:3823) Stocks Shoot Up 36% But Its P/S Still Looks ReasonableTHE WHY HOW DO COMPANY, Inc. ( TSE:3823 ) shares have had a really impressive month, gaining 36% after a shaky period...
Reported Earnings • Jan 15First quarter 2026 earnings released: JP¥1.22 loss per share (vs JP¥0.53 loss in 1Q 2025)First quarter 2026 results: JP¥1.22 loss per share (further deteriorated from JP¥0.53 loss in 1Q 2025). Revenue: JP¥806.0m (up 99% from 1Q 2025). Net loss: JP¥156.0m (loss widened 281% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
分析記事 • Jan 09Is WHY HOW DO COMPANY (TSE:3823) 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...
New Risk • Dec 03New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥6.18b market cap, or US$39.7m).
お知らせ • Nov 27THE WHY HOW DO COMPANY, Inc. to Report Q1, 2026 Results on Jan 14, 2026THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2026 results on Jan 14, 2026
分析記事 • Nov 18What You Can Learn From THE WHY HOW DO COMPANY, Inc.'s (TSE:3823) P/SWhen you see that almost half of the companies in the Software industry in Japan have price-to-sales ratios (or "P/S...
Reported Earnings • Oct 16Full year 2025 earnings released: JP¥0.73 loss per share (vs JP¥17.58 loss in FY 2024)Full year 2025 results: JP¥0.73 loss per share (improved from JP¥17.58 loss in FY 2024). Revenue: JP¥1.75b (up 134% from FY 2024). Net loss: JP¥69.0m (loss narrowed 93% from FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
お知らせ • Oct 15THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 27, 2025THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 27, 2025.
分析記事 • Sep 18Health Check: How Prudently Does WHY HOW DO COMPANY (TSE:3823) Use Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Aug 28THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2025 Results on Oct 15, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2025 results on Oct 15, 2025
分析記事 • Aug 06Why We're Not Concerned Yet About THE WHY HOW DO COMPANY, Inc.'s (TSE:3823) 29% Share Price PlungeTSE:3823 1 Year Share Price vs Fair Value Explore WHY HOW DO COMPANY's Fair Values from the Community and select yours...
Reported Earnings • Jul 16Third quarter 2025 earnings released: EPS: JP¥0.31 (vs JP¥2.18 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.31 (up from JP¥2.18 loss in 3Q 2024). Revenue: JP¥465.0m (up 194% from 3Q 2024). Net income: JP¥32.0m (up JP¥177.0m from 3Q 2024). Profit margin: 6.9% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • May 27THE WHY HOW DO COMPANY, Inc. to Report Q3, 2025 Results on Jul 15, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report Q3, 2025 results on Jul 15, 2025
Reported Earnings • Apr 15Second quarter 2025 earnings released: JP¥0.31 loss per share (vs JP¥2.62 loss in 2Q 2024)Second quarter 2025 results: JP¥0.31 loss per share (improved from JP¥2.62 loss in 2Q 2024). Revenue: JP¥403.0m (up 107% from 2Q 2024). Net loss: JP¥28.0m (loss narrowed 75% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 25Hiroyuki Fukuda agreed to acquire Ube Seikan Recycling Center Co., Ltd. from THE WHY HOW DO COMPANY, Inc. (TSE:3823) for ¥1 million.Hiroyuki Fukuda agreed to acquire Ube Seikan Recycling Center Co., Ltd. from THE WHY HOW DO COMPANY, Inc. (TSE:3823) for ¥1 million on March 25, 2025. A cash consideration of ¥1 million will be paid by Hiroyuki Fukuda for 1,000 shares. For the period ending August 31, 2024, Ube Seikan Recycling Center Co., Ltd. reported operating loss of ¥0.04 million and net loss of ¥0.63 million. As of August 31, 2024, Ube Seikan Recycling Center Co., Ltd. reported total assets of ¥0.43 million and net liabilities of ¥0.64 million. The expected completion of the transaction is by the end of March, 2025.
分析記事 • Mar 09Is WHY HOW DO COMPANY (TSE:3823) Using Debt Sensibly?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Mar 05THE WHY HOW DO COMPANY, Inc. to Report Q2, 2025 Results on Apr 14, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2025 results on Apr 14, 2025
お知らせ • Jan 29THE WHY HOW DO COMPANY, Inc. (TSE:3823) signed a letter of intent to acquire 51% stake in Sunrise Japan Co., Ltd. from Ever Onward Co., Ltd.THE WHY HOW DO COMPANY, Inc. (TSE:3823) signed a letter of intent to acquire 51% stake in Sunrise Japan Co., Ltd. from Ever Onward Co., Ltd. on January 28, 2025. For the period ending October 31, 2024, Sunrise Japan Co., Ltd. reported total revenue of ¥706 million, EBIT of ¥45 million and net income of ¥1.54 billion. As of October 31, 2024, Sunrise Japan Co., Ltd. reported total assets of ¥614 million and total common equity of ¥2.67 billion. The expected completion of the transaction is February 3, 2025.
Reported Earnings • Jan 15First quarter 2025 earnings released: JP¥0.53 loss per share (vs JP¥1.82 loss in 1Q 2024)First quarter 2025 results: JP¥0.53 loss per share (improved from JP¥1.82 loss in 1Q 2024). Revenue: JP¥406.0m (up 120% from 1Q 2024). Net loss: JP¥41.0m (loss narrowed 35% from 1Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 04Full year 2024 earnings released: JP¥17.58 loss per share (vs JP¥10.01 loss in FY 2023)Full year 2024 results: JP¥17.58 loss per share (further deteriorated from JP¥10.01 loss in FY 2023). Revenue: JP¥747.0m (down 21% from FY 2023). Net loss: JP¥961.0m (loss widened 177% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
お知らせ • Dec 02THE WHY HOW DO COMPANY, Inc. to Report Q1, 2025 Results on Jan 14, 2025THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2025 results on Jan 14, 2025
New Risk • Oct 22New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -JP¥843m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-JP¥843m). Revenue is less than US$5m (JP¥747m revenue, or US$5.0m). Market cap is less than US$100m (JP¥2.10b market cap, or US$13.9m).
Reported Earnings • Oct 19Full year 2024 earnings released: JP¥17.58 loss per share (vs JP¥10.01 loss in FY 2023)Full year 2024 results: JP¥17.58 loss per share (further deteriorated from JP¥10.01 loss in FY 2023). Revenue: JP¥747.0m (down 21% from FY 2023). Net loss: JP¥961.0m (loss widened 177% from FY 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings.
お知らせ • Oct 18THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2024THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2024.
お知らせ • Aug 27THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2024 Results on Oct 16, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2024 results on Oct 16, 2024
Reported Earnings • Jul 18Third quarter 2024 earnings released: JP¥2.18 loss per share (vs JP¥3.17 loss in 3Q 2023)Third quarter 2024 results: JP¥2.18 loss per share. Revenue: JP¥158.0m (down 28% from 3Q 2023). Net loss: JP¥145.0m (loss widened 32% from 3Q 2023).
New Risk • Jul 02New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: JP¥806m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥586m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (114% increase in shares outstanding). Minor Risks Revenue is less than US$5m (JP¥806m revenue, or US$5.0m). Market cap is less than US$100m (JP¥2.44b market cap, or US$15.1m).
お知らせ • May 29THE WHY HOW DO COMPANY, Inc. to Report Q3, 2024 Results on Jul 16, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report Q3, 2024 results on Jul 16, 2024
New Risk • Apr 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥586m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥2.71b market cap, or US$17.5m).
New Risk • Apr 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -JP¥586m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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¥586m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (JP¥2.15b market cap, or US$13.9m).
Reported Earnings • Apr 16Second quarter 2024 earnings released: JP¥2.62 loss per share (vs JP¥1.59 loss in 2Q 2023)Second quarter 2024 results: JP¥2.62 loss per share (further deteriorated from JP¥1.59 loss in 2Q 2023). Revenue: JP¥195.0m (down 31% from 2Q 2023). Net loss: JP¥112.0m (loss widened 104% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
分析記事 • Mar 01Is WHY HOW DO COMPANY (TSE:3823) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Jan 31THE WHY HOW DO COMPANY, Inc. to Report Q2, 2024 Results on Apr 15, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2024 results on Apr 15, 2024
New Risk • Jan 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% 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: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (JP¥1.62b market cap, or US$11.0m).
Reported Earnings • Jan 16First quarter 2024 earnings released: JP¥1.82 loss per share (vs JP¥2.05 loss in 1Q 2023)First quarter 2024 results: JP¥1.82 loss per share (improved from JP¥2.05 loss in 1Q 2023). Revenue: JP¥185.0m (down 21% from 1Q 2023). Net loss: JP¥63.0m (loss narrowed 11% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.
お知らせ • Nov 01THE WHY HOW DO COMPANY, Inc. to Report Q1, 2024 Results on Jan 15, 2024THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2024 results on Jan 15, 2024
New Risk • Oct 26New 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 Earnings have declined by 16% per year over the past 5 years. 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¥2.12b market cap, or US$14.1m).
お知らせ • Oct 20THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2023THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 28, 2023.
Reported Earnings • Oct 19Full year 2023 earnings released: JP¥10.01 loss per share (vs JP¥12.65 loss in FY 2022)Full year 2023 results: JP¥10.01 loss per share (improved from JP¥12.65 loss in FY 2022). Revenue: JP¥941.0m (up 2.4% from FY 2022). Net loss: JP¥347.0m (loss narrowed 14% from FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
お知らせ • Aug 04THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2023 Results on Oct 16, 2023THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2023 results on Oct 16, 2023
Reported Earnings • Jul 20Third quarter 2023 earnings released: JP¥3.17 loss per share (vs JP¥1.28 loss in 3Q 2022)Third quarter 2023 results: JP¥3.17 loss per share (further deteriorated from JP¥1.28 loss in 3Q 2022). Revenue: JP¥221.0m (up 6.3% from 3Q 2022). Net loss: JP¥110.0m (loss widened 168% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 16Second quarter 2023 earnings released: JP¥1.59 loss per share (vs JP¥1.58 loss in 2Q 2022)Second quarter 2023 results: JP¥1.59 loss per share (further deteriorated from JP¥1.58 loss in 2Q 2022). Revenue: JP¥282.0m (up 12% from 2Q 2022). Net loss: JP¥55.0m (loss widened 15% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Feb 01THE WHY HOW DO COMPANY, Inc. to Report Q2, 2023 Results on Apr 14, 2023THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2023 results on Apr 14, 2023
Reported Earnings • Jan 17First quarter 2023 earnings released: JP¥2.05 loss per share (vs JP¥0.23 loss in 1Q 2022)First quarter 2023 results: JP¥2.05 loss per share (further deteriorated from JP¥0.23 loss in 1Q 2022). Revenue: JP¥233.0m (down 8.6% from 1Q 2022). Net loss: JP¥71.0m (loss widened JP¥64.0m from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 04Full year 2022 earnings released: JP¥12.65 loss per share (vs JP¥20.27 loss in FY 2021)Full year 2022 results: JP¥12.65 loss per share (improved from JP¥20.27 loss in FY 2021). Revenue: JP¥919.0m (up 2.0% from FY 2021). Net loss: JP¥403.0m (loss narrowed 31% from FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 2 highly experienced directors. Standing Corporate Auditor Hiroshi Hongo was the last director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Nov 03THE WHY HOW DO COMPANY, Inc. to Report Q1, 2023 Results on Jan 16, 2023THE WHY HOW DO COMPANY, Inc. announced that they will report Q1, 2023 results on Jan 16, 2023
お知らせ • Oct 19THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 25, 2022THE WHY HOW DO COMPANY, Inc., Annual General Meeting, Nov 25, 2022.
Reported Earnings • Oct 18Full year 2022 earnings released: JP¥12.65 loss per share (vs JP¥20.27 loss in FY 2021)Full year 2022 results: JP¥12.65 loss per share (improved from JP¥20.27 loss in FY 2021). Revenue: JP¥919.0m (up 2.0% from FY 2021). Net loss: JP¥403.0m (loss narrowed 31% from FY 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Aug 03THE WHY HOW DO COMPANY, Inc. to Report Fiscal Year 2022 Results on Oct 17, 2022THE WHY HOW DO COMPANY, Inc. announced that they will report fiscal year 2022 results on Oct 17, 2022
Reported Earnings • Jul 17Third quarter 2022 earnings released: JP¥1.28 loss per share (vs JP¥7.02 loss in 3Q 2021)Third quarter 2022 results: JP¥1.28 loss per share (up from JP¥7.02 loss in 3Q 2021). Revenue: JP¥208.0m (down 8.8% from 3Q 2021). Net loss: JP¥41.0m (loss narrowed 80% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 12% per year.
お知らせ • May 04THE WHY HOW DO COMPANY,Inc. to Report Q3, 2022 Results on Jul 15, 2022THE WHY HOW DO COMPANY,Inc. announced that they will report Q3, 2022 results on Jul 15, 2022
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 2 highly experienced directors. Standing Corporate Auditor Hiroshi Hongo was the last director to join the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Apr 15Second quarter 2022 earnings released: JP¥1.58 loss per share (vs JP¥3.96 loss in 2Q 2021)Second quarter 2022 results: JP¥1.58 loss per share (up from JP¥3.96 loss in 2Q 2021). Revenue: JP¥252.0m (up 14% from 2Q 2021). Net loss: JP¥48.0m (loss narrowed 57% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 01THE WHY HOW DO COMPANY,Inc. announced that it expects to receive ¥718.4244 million in funding from Kowa Company, Ltd.Acrodea, Inc announced a private placement of 4,310,000 shares at a price of ¥162 per share for proceeds of ¥698,220,000 and 67,800 12th stock acquisition right at a price of ¥298 per stock acquisition right ¥1,118,564,400 for aggregate gross proceeds of ¥?718,424,400? on March 31, 2022. The transaction will include participation from Katsumi Tanabe for 1,230,000 shares and Kowa Company, Ltd. for 3,080,000 shares. The 11th stock acquisition rights have an exercise price of ¥162 per warrant. The transaction is expected to close on April 28, 2022. The company issued shares through third party allotment method. The transaction was approved by board of directors of the company.
お知らせ • Feb 04THE WHY HOW DO COMPANY, Inc. to Report Q2, 2022 Results on Apr 14, 2022THE WHY HOW DO COMPANY, Inc. announced that they will report Q2, 2022 results on Apr 14, 2022
Reported Earnings • Jan 16First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: JP¥0.23 loss per share (up from JP¥4.16 loss in 1Q 2021). Revenue: JP¥255.0m (up 4.9% from 1Q 2021). Net loss: JP¥7.00m (loss narrowed 94% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 57% 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 • Dec 05Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: JP¥20.27 loss per share (up from JP¥40.02 loss in FY 2020). Revenue: JP¥901.0m (down 21% from FY 2020). Net loss: JP¥581.0m (loss narrowed 45% from FY 2020). 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 64 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 16Full year 2021 earnings released: JP¥20.27 loss per share (vs JP¥40.02 loss in FY 2020)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥901.0m (down 21% from FY 2020). Net loss: JP¥581.0m (loss narrowed 45% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 18Third quarter 2021 earnings released: JP¥7.02 loss per share (vs JP¥5.47 loss in 3Q 2020)The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: JP¥228.0m (up 15% from 3Q 2020). Net loss: JP¥201.0m (loss widened 41% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 16Second quarter 2021 earnings released: JP¥3.96 loss per share (vs JP¥4.32 loss in 2Q 2020)The company reported a poor second quarter result with weaker revenues, weaker control over costs and no improvement to losses. Second quarter 2021 results: Revenue: JP¥221.0m (down 31% from 2Q 2020). Net loss: JP¥113.0m (flat on 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 06Acrodea, Inc. to Report Q2, 2021 Results on Apr 14, 2021Acrodea, Inc. announced that they will report Q2, 2021 results on Apr 14, 2021
Is New 90 Day High Low • Feb 09New 90-day high: JP¥220The company is up 9.0% from its price of JP¥202 on 11 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 5.0% over the same period.
Reported Earnings • Jan 15First quarter 2021 earnings released: JP¥4.16 loss per shareThe company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: JP¥243.0m (down 29% from 1Q 2020). Net loss: JP¥118.0m (down 403% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 10New 90-day low: JP¥182The company is down 26% from its price of JP¥245 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 6.0% over the same period.
Reported Earnings • Dec 04Full year 2020 earnings released: JP¥40.02 loss per shareThe company reported a poor full year result with increased losses and weaker revenues and control over expenses. Full year 2020 results: Revenue: JP¥1.15b (down 26% from FY 2019). Net loss: JP¥1.05b (loss widened 278% from FY 2019). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Sep 03Acrodea, Inc. to Report Fiscal Year 2020 Results on Oct 15, 2020Acrodea, Inc. announced that they will report fiscal year 2020 results on Oct 15, 2020
お知らせ • Jun 16Acrodea, Inc. announced that it has received ¥163.558 million in funding from Waen Trading Co., Ltd.On June 15, 2020, Acrodea, Inc. (TSE:3823) closed the transaction.