お知らせ • Jun 02
WOW WORLD GROUP Inc. to Delist from Prime Section of Tokyo Stock Exchange WOW WORLD GROUP Inc. will be delisted from prime section of Tokyo Stock Exchange effective from June 05, 2023. The delisting is due to Reverse stock split. お知らせ • May 14
WOW WORLD GROUP Inc., Annual General Meeting, Jun 28, 2023 WOW WORLD GROUP Inc., Annual General Meeting, Jun 28, 2023. お知らせ • Feb 13
WOW WORLD GROUP Inc. Announces Earnings Guidance for the Year Ending March 31, 2023 WOW WORLD GROUP Inc. announced earnings guidance for the year ending March 31, 2023. For the year, the company expected Revenue to be JPY 3,000 Million EBITDA to be JPY 620 Million Operating profit to be JPY 330 Million Profit Attributable to Owners of Parent to be JPY 200 Million and Basic Earnings Per Share to be JPY 50.00. お知らせ • Feb 01
JG16 Co., Ltd. entered into a letter of intent to acquire 79.309737% stake in WOW WORLD GROUP Inc. (TSE:5128) for ¥4.6 billion. JG16 Co., Ltd. entered into a letter of intent to acquire 79.309737% stake in WOW WORLD GROUP Inc. (TSE:5128) for ¥4.6 billion on November 4, 2022. The offer per share is ¥1,502. JG16 Co., Ltd. will acquire remaining shares from its parents fund J-GIA No. 1 investment fund. JG16 Co., Ltd has set 3,311,800 shares as the minimum number of shares to be purchased. If the Tender Offer is successful, the Tender Offeror will receive a maximum loan of ¥5,175,000,000 from The Bank of Yokohama, Ltd. Upon closing, JG16 Co., Ltd. will have 100% of ownership and WoW world will be delisted. Mizuho Securities Co., Ltd., Stand by C Co., Ltd., acted as financial advisors ,Omotesando Partners Law Office acted as a legal advisor to JG16 Co., Ltd.. Miura & Partners, acted as a legal advisor and Trustees Advisory K.K. acted as a financial advisor WOW WORLD. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥1,390, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 24x in the Software industry in Japan. Negligible returns to shareholders over past three years. Board Change • Nov 16
Less than half of directors are independent Following 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. 5 non-independent directors. Independent Outside Director Kanae Fukushima was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Oct 06
Wow World Inc Ordinary Shares to Be Deleted from OTC Equity Wow World Inc. Ordinary Shares (Japan) will be deleted from OTC Equity effective from October 06, 2022, due to CUSIP Suspended. Board Change • Oct 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. 2 independent directors (9 non-independent directors). Director Yuichi Nagayama was the last director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.