PicoCELA（PCLA）株式概要株式会社ピコセラは、日本国内において企業向けワイヤレス・メッシュ・ソリューションの製造・施工・サービスを行っています。 詳細PCLA ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析過去1年間で株主の希薄化は大幅に進んだ US市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去1年間で収益は30.6%減少しました 意味のある収益がありません ( ¥545M )+1 さらなるリスクすべてのリスクチェックを見るPCLA Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW470,156 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA470,156 investors already sharing narrativesYour Fair ValueUS$Current PriceUS$5.50301.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-634m784m2016201920222025202620282031Revenue JP¥544.7mEarnings JP¥60.0mAdvancedSet Fair ValueView all narrativesPicoCELA Inc. 競合他社B.O.S. Better Online SolutionsSymbol: NasdaqCM:BOSCMarket cap: US$32.4mFranklin WirelessSymbol: NasdaqCM:FKWLMarket cap: US$26.8mComtech TelecommunicationsSymbol: NasdaqGS:CMTLMarket cap: US$50.6mUTStarcom HoldingsSymbol: NasdaqGS:UTSIMarket cap: US$23.7m価格と性能株価の高値、安値、推移の概要PicoCELA過去の株価現在の株価US$5.5052週高値US$16.8052週安値US$1.35ベータ01ヶ月の変化12.24%3ヶ月変化205.56%1年変化-58.33%3年間の変化n/a5年間の変化n/aIPOからの変化-93.54%最新ニュースお知らせ • Jul 16PicoCELA Inc. Announces Management Changes, Effective July 1, 2026PicoCELA Inc. reported that on May 26, 2026, Mr. Toshihito Kanai notified the Company of his resignation as the Chief Technology Officer and Director of the Company, effective as of June 30, 2026. Mr. Kanai has stated that his resignation was due to personal reasons and not due to any disagreement with the Company regarding its operations, policies, or practices. On June 22, 2026, the board of directors of the Company approved the changes in the positions of the following executive directors: Mr. Hiroshi Furukawa, formerly the Company's Chief Executive Officer and Representative Director, is now the Company's Chairman, Chief Technology Officer, and Representative Director, effective July 1, 2026. Mr. Hideaki Horikiri, formerly the Company's Chief Financial Officer and Director, is now the Company's President, Chief Operating Officer, and Director, effective July 1, 2026. Mr. Furukawa and Mr. Horikiri remain the Company’s principal executive officer and principal financial officer, respectively.お知らせ • Jul 15PicoCELA Inc. Approves Board ElectionsPicoCELA Inc. announced that at the extraordinary general meeting of shareholders held on June 18, 2026 approved the election of Lim Kien Leong (37 years old) and Jong Han Rey Foo (59 years old) as directors. Mr. Lim Kien Leong is the Co-founder and CEO of TranSwap Private Limited. He oversees the day-to-day business operations, as well as the company’s strategic direction and business developments. Lim Kien Leong was previously appointed as the Chief Legal Officer of TranSwap Private Limited and was responsible for all of the company’s legal and regulatory issues, ensuring the company remained compliant with relevant authorities’ regulations. Prior to TranSwap, he gained extensive experience in the field of arbitration, civil and commercial litigation, and corporate law in Singapore and Australia. Lim Kien Leong graduated from the University of Sydney with his Bachelor of Commerce and Bachelor of Laws degrees. Mr. Jong Han Rey Foo is a partner at KSCGP Juris LLP in Singapore. He was admitted to the Singapore Bar in 1992 and has been practicing law for 25 years. Jong Han Rey Foo has been practicing corporate law, and his present areas of practice include conveyancing, corporate law and civil litigation. After qualifying in 1990 as a Barrister, Jong Han Rey Foo obtained his Master of Law in Corporate and Commercial Laws from Queen Mary College, University of London in 1991.New Risk • May 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 6x increase in shares outstanding. 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¥590m free cash flow). Revenue has declined by 31% over the past year. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥545m revenue, or US$3.5m). Market cap is less than US$100m (US$10.6m market cap).Board Change • Apr 30Less 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, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Hiroshi Furukawa is the most experienced director on the board, commencing their role in 2008. Independent Director Yoshinari Noguchi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.お知らせ • Jan 31PicoCELA Inc. announced delayed 20-F filingOn 01/30/2026, PicoCELA Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% 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 Market cap is less than US$10m (US$7.35m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥759m revenue, or US$4.9m).最新情報をもっと見るRecent updatesお知らせ • Jul 16PicoCELA Inc. Announces Management Changes, Effective July 1, 2026PicoCELA Inc. reported that on May 26, 2026, Mr. Toshihito Kanai notified the Company of his resignation as the Chief Technology Officer and Director of the Company, effective as of June 30, 2026. Mr. Kanai has stated that his resignation was due to personal reasons and not due to any disagreement with the Company regarding its operations, policies, or practices. On June 22, 2026, the board of directors of the Company approved the changes in the positions of the following executive directors: Mr. Hiroshi Furukawa, formerly the Company's Chief Executive Officer and Representative Director, is now the Company's Chairman, Chief Technology Officer, and Representative Director, effective July 1, 2026. Mr. Hideaki Horikiri, formerly the Company's Chief Financial Officer and Director, is now the Company's President, Chief Operating Officer, and Director, effective July 1, 2026. Mr. Furukawa and Mr. Horikiri remain the Company’s principal executive officer and principal financial officer, respectively.お知らせ • Jul 15PicoCELA Inc. Approves Board ElectionsPicoCELA Inc. announced that at the extraordinary general meeting of shareholders held on June 18, 2026 approved the election of Lim Kien Leong (37 years old) and Jong Han Rey Foo (59 years old) as directors. Mr. Lim Kien Leong is the Co-founder and CEO of TranSwap Private Limited. He oversees the day-to-day business operations, as well as the company’s strategic direction and business developments. Lim Kien Leong was previously appointed as the Chief Legal Officer of TranSwap Private Limited and was responsible for all of the company’s legal and regulatory issues, ensuring the company remained compliant with relevant authorities’ regulations. Prior to TranSwap, he gained extensive experience in the field of arbitration, civil and commercial litigation, and corporate law in Singapore and Australia. Lim Kien Leong graduated from the University of Sydney with his Bachelor of Commerce and Bachelor of Laws degrees. Mr. Jong Han Rey Foo is a partner at KSCGP Juris LLP in Singapore. He was admitted to the Singapore Bar in 1992 and has been practicing law for 25 years. Jong Han Rey Foo has been practicing corporate law, and his present areas of practice include conveyancing, corporate law and civil litigation. After qualifying in 1990 as a Barrister, Jong Han Rey Foo obtained his Master of Law in Corporate and Commercial Laws from Queen Mary College, University of London in 1991.New Risk • May 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 6x increase in shares outstanding. 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¥590m free cash flow). Revenue has declined by 31% over the past year. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥545m revenue, or US$3.5m). Market cap is less than US$100m (US$10.6m market cap).Board Change • Apr 30Less 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, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Hiroshi Furukawa is the most experienced director on the board, commencing their role in 2008. Independent Director Yoshinari Noguchi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.お知らせ • Jan 31PicoCELA Inc. announced delayed 20-F filingOn 01/30/2026, PicoCELA Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% 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 Market cap is less than US$10m (US$7.35m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥759m revenue, or US$4.9m).New Risk • Dec 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.18m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$9.18m market cap). Minor Risk Revenue is less than US$5m (JP¥759m revenue, or US$4.9m).New Risk • Oct 07New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: JP¥759m (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 Risk Share price has been highly volatile over the past 3 months (29% average weekly change). Minor Risks Revenue is less than US$5m (JP¥759m revenue, or US$5.0m). Market cap is less than US$100m (US$16.4m market cap).Reported Earnings • Sep 30First half 2025 earnings released: JP¥13.37 loss per share (vs JP¥44.67 loss in 1H 2024)First half 2025 results: JP¥13.37 loss per share (improved from JP¥44.67 loss in 1H 2024). Revenue: JP¥252.6m (down 9.3% from 1H 2024). Net loss: JP¥316.2m (flat on 1H 2024).New Risk • Sep 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (31% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (US$15.2m market cap).お知らせ • May 28PicoCELA Inc. has completed a Follow-on Equity Offering in the amount of $1.83 million.PicoCELA Inc. has completed a Follow-on Equity Offering in the amount of $1.83 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 6,100,000 Price\Range: $0.3 Discount Per Security: $0.021お知らせ • May 02PicoCELA Inc. announced that it has received ¥199.999955 million in funding from Nikken Lease Kogyo Co., Ltd.On April 30, 2025, PicoCELA Inc., closed the transaction.お知らせ • Mar 14PicoCELA Inc. has filed a Follow-on Equity Offering.PicoCELA Inc. has filed a Follow-on Equity Offering. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 6,100,000New Risk • Mar 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$77.3m This is considered a minor 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.Reported Earnings • Feb 18Full year 2024 earnings released: JP¥44.49 loss per share (vs JP¥89.51 loss in FY 2023)Full year 2024 results: JP¥44.49 loss per share (improved from JP¥89.51 loss in FY 2023). Revenue: JP¥784.4m (up 40% from FY 2023). Net loss: JP¥479.9m (loss narrowed 24% from FY 2023).Board Change • Jan 16No independent directorsThere are 3 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: 3 new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). CEO & Director Hiroshi Furukawa is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.株主還元PCLAUS CommunicationsUS 市場7D11.5%9.1%4.9%1Y-58.3%77.2%21.3%株主還元を見る業界別リターン: PCLA過去 1 年間で77.2 % の収益を上げたUS Communications業界を下回りました。リターン対市場: PCLAは、過去 1 年間で21.3 % のリターンを上げたUS市場を下回りました。価格変動Is PCLA's price volatile compared to industry and market?PCLA volatilityPCLA Average Weekly Movement74.8%Communications Industry Average Movement9.3%Market Average Movement7.3%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.1%安定した株価: PCLAの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: PCLAの 週次ボラティリティ は、過去 1 年間で50%から75%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト200855Hideaki Horikiripicocela.com株式会社ピコセラは、企業向け無線メッシュソリューションの製造・施工・サービスを国内で展開しています。バックホール用とアクセス用の無線モジュールを搭載したメッシュWi-Fiアクセスポイント「PCWLシリーズ」と、接続したメッシュWi-Fi機器の設定・監視を行うクラウドシステムサービス「PicoManager」を提供。また、特許取得済みのワイヤレス・メッシュ技術をサードパーティ・メーカーにライセンス供与している。同社は建設、土木、工場、ショッピングモール、小売チェーン店向けに製品を提供している。ピコセラは2008年に設立され、東京に本社を置いている。もっと見るPicoCELA Inc. 基礎のまとめPicoCELA の収益と売上を時価総額と比較するとどうか。PCLA 基礎統計学時価総額US$32.21m収益（TTM）-US$3.97m売上高(TTM)US$3.45m10.5xP/Sレシオ-9.2xPER（株価収益率PCLA は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計PCLA 損益計算書（TTM）収益JP¥544.69m売上原価JP¥254.08m売上総利益JP¥290.61mその他の費用JP¥916.92m収益-JP¥626.31m直近の収益報告Sep 30, 2025次回決算日該当なし一株当たり利益（EPS）-94.70グロス・マージン53.35%純利益率-114.99%有利子負債／自己資本比率58.0%PCLA の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/05 00:03終値2026/08/05 00:00収益2025/09/30年間収益2025/09/30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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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PicoCELA 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。0
お知らせ • Jul 16PicoCELA Inc. Announces Management Changes, Effective July 1, 2026PicoCELA Inc. reported that on May 26, 2026, Mr. Toshihito Kanai notified the Company of his resignation as the Chief Technology Officer and Director of the Company, effective as of June 30, 2026. Mr. Kanai has stated that his resignation was due to personal reasons and not due to any disagreement with the Company regarding its operations, policies, or practices. On June 22, 2026, the board of directors of the Company approved the changes in the positions of the following executive directors: Mr. Hiroshi Furukawa, formerly the Company's Chief Executive Officer and Representative Director, is now the Company's Chairman, Chief Technology Officer, and Representative Director, effective July 1, 2026. Mr. Hideaki Horikiri, formerly the Company's Chief Financial Officer and Director, is now the Company's President, Chief Operating Officer, and Director, effective July 1, 2026. Mr. Furukawa and Mr. Horikiri remain the Company’s principal executive officer and principal financial officer, respectively.
お知らせ • Jul 15PicoCELA Inc. Approves Board ElectionsPicoCELA Inc. announced that at the extraordinary general meeting of shareholders held on June 18, 2026 approved the election of Lim Kien Leong (37 years old) and Jong Han Rey Foo (59 years old) as directors. Mr. Lim Kien Leong is the Co-founder and CEO of TranSwap Private Limited. He oversees the day-to-day business operations, as well as the company’s strategic direction and business developments. Lim Kien Leong was previously appointed as the Chief Legal Officer of TranSwap Private Limited and was responsible for all of the company’s legal and regulatory issues, ensuring the company remained compliant with relevant authorities’ regulations. Prior to TranSwap, he gained extensive experience in the field of arbitration, civil and commercial litigation, and corporate law in Singapore and Australia. Lim Kien Leong graduated from the University of Sydney with his Bachelor of Commerce and Bachelor of Laws degrees. Mr. Jong Han Rey Foo is a partner at KSCGP Juris LLP in Singapore. He was admitted to the Singapore Bar in 1992 and has been practicing law for 25 years. Jong Han Rey Foo has been practicing corporate law, and his present areas of practice include conveyancing, corporate law and civil litigation. After qualifying in 1990 as a Barrister, Jong Han Rey Foo obtained his Master of Law in Corporate and Commercial Laws from Queen Mary College, University of London in 1991.
New Risk • May 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 6x increase in shares outstanding. 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¥590m free cash flow). Revenue has declined by 31% over the past year. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥545m revenue, or US$3.5m). Market cap is less than US$100m (US$10.6m market cap).
Board Change • Apr 30Less 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, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Hiroshi Furukawa is the most experienced director on the board, commencing their role in 2008. Independent Director Yoshinari Noguchi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
お知らせ • Jan 31PicoCELA Inc. announced delayed 20-F filingOn 01/30/2026, PicoCELA Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% 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 Market cap is less than US$10m (US$7.35m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥759m revenue, or US$4.9m).
お知らせ • Jul 16PicoCELA Inc. Announces Management Changes, Effective July 1, 2026PicoCELA Inc. reported that on May 26, 2026, Mr. Toshihito Kanai notified the Company of his resignation as the Chief Technology Officer and Director of the Company, effective as of June 30, 2026. Mr. Kanai has stated that his resignation was due to personal reasons and not due to any disagreement with the Company regarding its operations, policies, or practices. On June 22, 2026, the board of directors of the Company approved the changes in the positions of the following executive directors: Mr. Hiroshi Furukawa, formerly the Company's Chief Executive Officer and Representative Director, is now the Company's Chairman, Chief Technology Officer, and Representative Director, effective July 1, 2026. Mr. Hideaki Horikiri, formerly the Company's Chief Financial Officer and Director, is now the Company's President, Chief Operating Officer, and Director, effective July 1, 2026. Mr. Furukawa and Mr. Horikiri remain the Company’s principal executive officer and principal financial officer, respectively.
お知らせ • Jul 15PicoCELA Inc. Approves Board ElectionsPicoCELA Inc. announced that at the extraordinary general meeting of shareholders held on June 18, 2026 approved the election of Lim Kien Leong (37 years old) and Jong Han Rey Foo (59 years old) as directors. Mr. Lim Kien Leong is the Co-founder and CEO of TranSwap Private Limited. He oversees the day-to-day business operations, as well as the company’s strategic direction and business developments. Lim Kien Leong was previously appointed as the Chief Legal Officer of TranSwap Private Limited and was responsible for all of the company’s legal and regulatory issues, ensuring the company remained compliant with relevant authorities’ regulations. Prior to TranSwap, he gained extensive experience in the field of arbitration, civil and commercial litigation, and corporate law in Singapore and Australia. Lim Kien Leong graduated from the University of Sydney with his Bachelor of Commerce and Bachelor of Laws degrees. Mr. Jong Han Rey Foo is a partner at KSCGP Juris LLP in Singapore. He was admitted to the Singapore Bar in 1992 and has been practicing law for 25 years. Jong Han Rey Foo has been practicing corporate law, and his present areas of practice include conveyancing, corporate law and civil litigation. After qualifying in 1990 as a Barrister, Jong Han Rey Foo obtained his Master of Law in Corporate and Commercial Laws from Queen Mary College, University of London in 1991.
New Risk • May 13New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 6x increase in shares outstanding. 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¥590m free cash flow). Revenue has declined by 31% over the past year. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥545m revenue, or US$3.5m). Market cap is less than US$100m (US$10.6m market cap).
Board Change • Apr 30Less 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, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Hiroshi Furukawa is the most experienced director on the board, commencing their role in 2008. Independent Director Yoshinari Noguchi was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
お知らせ • Jan 31PicoCELA Inc. announced delayed 20-F filingOn 01/30/2026, PicoCELA Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% 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 Market cap is less than US$10m (US$7.35m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Revenue is less than US$5m (JP¥759m revenue, or US$4.9m).
New Risk • Dec 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.18m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (US$9.18m market cap). Minor Risk Revenue is less than US$5m (JP¥759m revenue, or US$4.9m).
New Risk • Oct 07New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: JP¥759m (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 Risk Share price has been highly volatile over the past 3 months (29% average weekly change). Minor Risks Revenue is less than US$5m (JP¥759m revenue, or US$5.0m). Market cap is less than US$100m (US$16.4m market cap).
Reported Earnings • Sep 30First half 2025 earnings released: JP¥13.37 loss per share (vs JP¥44.67 loss in 1H 2024)First half 2025 results: JP¥13.37 loss per share (improved from JP¥44.67 loss in 1H 2024). Revenue: JP¥252.6m (down 9.3% from 1H 2024). Net loss: JP¥316.2m (flat on 1H 2024).
New Risk • Sep 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (31% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (US$15.2m market cap).
お知らせ • May 28PicoCELA Inc. has completed a Follow-on Equity Offering in the amount of $1.83 million.PicoCELA Inc. has completed a Follow-on Equity Offering in the amount of $1.83 million. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 6,100,000 Price\Range: $0.3 Discount Per Security: $0.021
お知らせ • May 02PicoCELA Inc. announced that it has received ¥199.999955 million in funding from Nikken Lease Kogyo Co., Ltd.On April 30, 2025, PicoCELA Inc., closed the transaction.
お知らせ • Mar 14PicoCELA Inc. has filed a Follow-on Equity Offering.PicoCELA Inc. has filed a Follow-on Equity Offering. Security Name: American Depositary Shares Security Type: Depositary Receipt (Common Stock) Securities Offered: 6,100,000
New Risk • Mar 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$77.3m This is considered a minor 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.
Reported Earnings • Feb 18Full year 2024 earnings released: JP¥44.49 loss per share (vs JP¥89.51 loss in FY 2023)Full year 2024 results: JP¥44.49 loss per share (improved from JP¥89.51 loss in FY 2023). Revenue: JP¥784.4m (up 40% from FY 2023). Net loss: JP¥479.9m (loss narrowed 24% from FY 2023).
Board Change • Jan 16No independent directorsThere are 3 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: 3 new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). CEO & Director Hiroshi Furukawa is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
