View Future GrowthAvex 과거 순이익 실적과거 기준 점검 3/6Avex의 수입은 연평균 -59.5%의 비율로 감소해 온 반면, Entertainment 산업은 수입이 연평균 13.5% 증가했습니다. 매출은 연평균 9.8%의 비율로 증가해 왔습니다. Avex의 자기자본이익률은 7.5%이고 순이익률은 2.4%입니다.핵심 정보-59.55%순이익 성장률-59.86%주당순이익(EPS) 성장률Entertainment 산업 성장률30.34%매출 성장률9.78%자기자본이익률7.52%순이익률2.42%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • Apr 09Avex Inc. to Report Fiscal Year 2026 Results on May 14, 2026Avex Inc. announced that they will report fiscal year 2026 results on May 14, 2026공시 • Dec 16Avex Inc. to Report Q3, 2026 Results on Feb 12, 2026Avex Inc. announced that they will report Q3, 2026 results on Feb 12, 2026공시 • Sep 01Avex Inc. to Report Q2, 2026 Results on Nov 13, 2025Avex Inc. announced that they will report Q2, 2026 results on Nov 13, 2025공시 • Jul 24Avex Inc. to Report Q1, 2026 Results on Aug 07, 2025Avex Inc. announced that they will report Q1, 2026 results on Aug 07, 2025공시 • Mar 12Avex Inc. to Report Fiscal Year 2025 Results on May 08, 2025Avex Inc. announced that they will report fiscal year 2025 results on May 08, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥4.58 loss per share (vs JP¥5.44 loss in 2Q 2024)Second quarter 2025 results: JP¥4.58 loss per share (improved from JP¥5.44 loss in 2Q 2024). Revenue: JP¥30.6b (down 5.6% from 2Q 2024). Net loss: JP¥202.0m (loss narrowed 18% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Yurina Takiguchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 16Avex Inc. Provides Earnings Guidance for the Fiscal Year 2026Avex Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects operating profit of USD 40 million, implying expected year-over-year growth of +47% in profit as Avex continues investing in long-term global growth initiatives across music, anime, live entertainment, publishing, and intellectual property ownership.공시 • May 14Avex Inc., Annual General Meeting, Jun 26, 2026Avex Inc., Annual General Meeting, Jun 26, 2026.공시 • Apr 09Avex Inc. to Report Fiscal Year 2026 Results on May 14, 2026Avex Inc. announced that they will report fiscal year 2026 results on May 14, 2026공시 • Dec 16Avex Inc. to Report Q3, 2026 Results on Feb 12, 2026Avex Inc. announced that they will report Q3, 2026 results on Feb 12, 2026공시 • Sep 01Avex Inc. to Report Q2, 2026 Results on Nov 13, 2025Avex Inc. announced that they will report Q2, 2026 results on Nov 13, 2025공시 • Jul 24Avex Inc. to Report Q1, 2026 Results on Aug 07, 2025Avex Inc. announced that they will report Q1, 2026 results on Aug 07, 2025공시 • May 08Avex Inc., Annual General Meeting, Jun 27, 2025Avex Inc., Annual General Meeting, Jun 27, 2025.공시 • Mar 27Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders.Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. As a part of acquisition, Ownership interest ratio in S10 Entertainment & Media LLC became 40%. Avex Inc. (TSE:7860) completed the acquisition of 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. David C Eisman and Ryne C Posey of Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal advisor to S10 Entertainment and its founder Brandon Silverstein.공시 • Mar 26+ 1 more updateAvex Inc. Announces Board and Executive Changes for Avex Music Group LLCAvex Inc. (the "Company") hereby announces that the Company will acquire additional equity interest of US-based S10 Entertainment & Media LLC ("S10") (Headquarters: California, USA, Founder & CEO: Brandon Silverstein) from the existing shareholders of S10, and from the subsidiary of Avex USA Inc. ("AUI"), a wholly-owned consolidated subsidiary of the Company, Avex USA Partners LLC ("AUP"), which results in making S10 a consolidated subsidiary of the Company, and appoint Brandon Silverstein ("Brandon"), CEO of S10, as CEO of Avex Music Group LLC ("AMGL"), the Company's US subsidiary, effective on April 1. Changes in President and Directors (effective on April 1, 2025): Avex Music Group LLC. Brandon Silverstein, current ttile: (CEO, S10 Entertainment & Media LLC) with new title: Director, CEO (CEO, S10 Entertainment & Media LLC). Retirement of Naoki Osada as Director, CEO. Ryusuke Kamada, current tilte: (CFO, Avex USA Inc.) with Director, CFO (Director, Avex USA Inc.). Katsumi Kuroiwa, current title: (Representative Director, CEO, Avex Inc.) with Director (Representative Director, CEO, Avex Inc.). Hajime Shibata, current title: (Executive Officers, Avex Inc.) with new title: Director (Executive Officer, Avex Inc. Chairman, Avex USA Inc.). Takeya Ino, current title: (Director, Avex Entertainment Inc.) with new title: Director (Director, Avex Entertainment Inc.). Akihito Yamanaka current title: (President, Avex Live Creative Inc.) with new title: Director (Director, Avex Entertainment Inc.). Brandon Silverstein (Born in 1991) is a music industry entrepreneur known as the founder and CEO of S10. S10 handles artist management and manages top global artists such as Myke Towers and Big Sean. Since 2020, he has partnered with AUI in the music publishing domain, producing numerous Billboard hits including Justin Bieber's "Peaches (feat. Daniel Caesar & Giveon)" and Doja Cat's "Agora Hills." He has won numerous awards in the United States, including Forbes 30 Under 30 (2019), Billboard's 40 Under 40 (2021), and Billboard's Power Players' Choice Award (2023).공시 • Mar 25Avex Inc. Appoints Brandon Silverstein as Chief Executive Officer of Avex Music GroupAvex Inc. named music industry veteran and S10 founder Brandon Silverstein as Chief Executive Officer of the newly formed Avex Music Group (AMG). In this role, Silverstein will oversee all company operations for Avex Music Group, including the S10 Music Publishing and S10 Management roster, as well as the full roster and activities across AMG. Silverstein will be a partner in AMG with an equity stake in the company and will join its board of directors.공시 • Mar 12Avex Inc. to Report Fiscal Year 2025 Results on May 08, 2025Avex Inc. announced that they will report fiscal year 2025 results on May 08, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥4.58 loss per share (vs JP¥5.44 loss in 2Q 2024)Second quarter 2025 results: JP¥4.58 loss per share (improved from JP¥5.44 loss in 2Q 2024). Revenue: JP¥30.6b (down 5.6% from 2Q 2024). Net loss: JP¥202.0m (loss narrowed 18% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.공시 • Sep 26+ 1 more updateAvex Inc. to Report Q3, 2025 Results on Feb 13, 2025Avex Inc. announced that they will report Q3, 2025 results on Feb 13, 2025Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).Declared Dividend • Jul 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 305%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (167% earnings payout ratio) nor is it covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 86% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.공시 • Jun 28Avex Inc. to Report Q1, 2025 Results on Aug 08, 2024Avex Inc. announced that they will report Q1, 2025 results on Aug 08, 2024공시 • Jun 13+ 1 more updateAvex Inc. Announces End of Year Dividend for the Year Ended March 31, 2024, Payable on June 7, 2024; Provides End of Second Quarter and End of Year Dividend Guidance for the Year Ending March 31, 2025Avex Inc. announced end of year dividend of JPY 25.00 per share for the Year ended March 31, 2024 compared to JPY 25.00 per share a year ago. Scheduled date for commencement of dividend payments: June 7, 2024.The company provided end of second quarter and end of year dividend guidance for the year ending March 31, 2025. For the end of second quarter, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.For the end of year, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.공시 • May 30Avex Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2024Avex Inc. provided consolidated earnings forecasts for the fiscal year ended March 31, 2024. For the year, the company expected Operating profit of JPY 2,000 million, Profit attributable to owners of parent of JPY 2,200 million and Profit per share of JPY 48.77.공시 • May 11Avex Inc., Annual General Meeting, Jun 21, 2024Avex Inc., Annual General Meeting, Jun 21, 2024.Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.공시 • May 10Avex Inc. (TSE:7860) announces an Equity Buyback for 3,000,000 shares, representing 6.63% for ¥4,500 million.Avex Inc. (TSE:7860) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 6.63% of its share capital, for ¥4,500 million. The purpose of the program is to improve capital efficiency and shareholders' value. The program will expire on April 30, 2025. As of March 31, 2024, the company had 45,252,854 shares in issue (excluding treasury stock) and 410,546 shares in treasury.Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%).공시 • Mar 20Avex Inc. to Report Fiscal Year 2024 Results on May 09, 2024Avex Inc. announced that they will report fiscal year 2024 results on May 09, 2024Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥22.56 loss per share (vs JP¥8.44 loss in 3Q 2023)Third quarter 2024 results: JP¥22.56 loss per share (further deteriorated from JP¥8.44 loss in 3Q 2023). Revenue: JP¥30.0b (down 4.6% from 3Q 2023). Net loss: JP¥1.02b (loss widened 168% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% 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.공시 • Dec 10Avex Inc. to Report Q3, 2024 Results on Feb 08, 2024Avex Inc. announced that they will report Q3, 2024 results on Feb 08, 2024New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin).Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥5.44 loss per share (vs JP¥33.96 profit in 2Q 2023)Second quarter 2024 results: JP¥5.44 loss per share (down from JP¥33.96 profit in 2Q 2023). Revenue: JP¥32.4b (up 27% from 2Q 2023). Net loss: JP¥246.0m (down 116% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Board Change • Oct 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Oct 05Avex Inc. to Report Q2, 2024 Results on Nov 09, 2023Avex Inc. announced that they will report Q2, 2024 results on Nov 09, 2023공시 • Jul 14Avex Inc. Decides to Reorganize the Avex Group and Change the System for Execution of Business OperationAvex Inc. decided to reorganize the Avex Group and change the system for execution of business operation. After the Reorganization, Avex Entertainment Inc. and Avex Pictures Inc. will become intermediate holding companies. Details are as follows. Purpose of the Reorganization; Under "avex vision 2027" a medium-term management plan announced in May 2022, the Company focuses on "meeting and developing talent," which is the basis of the Company's value creation. It also actively invests in intellectual property development, and pursues a range of measures to build a system that enables it to achieve medium to long-term growth. To accelerate the implementation of measures in line with the management policy, the Company will establish an intermediate holding company responsible for the Music and Management business and one responsible for the Anime & Visual Content business and delegate authority to these companies, clarifying business responsibilities. In this way, the Company aims to enhance competitiveness and implement growth strategies. Overview of the Reorganization; AEI, API and Avex Management Inc. ("AMG") will split their business divisions into separate companies. AEI will become an intermediate holding company responsible for the Music business and management, and API will become one responsible for the Anime & Visual Content business. The Group companies will be positioned in the new organizational structure.공시 • Jun 29Avex Inc. to Report Q1, 2024 Results on Aug 10, 2023Avex Inc. announced that they will report Q1, 2024 results on Aug 10, 2023공시 • May 26+ 1 more updateAvex Inc. Announces Dividend for the Year Ended March 31, 2023, Payable on June 8, 2023; Provides Dividend Guidance for the Second Quarter and Year End of the Fiscal Year Ending March 31, 2024Avex Inc. announced dividend for the year ended March 31, 2023. For the year, the company announced dividend of JPY 25.00 per share compared to JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments: June 8, 2023.For the second quarter end, the company expects to pay a dividend of JPY 25.00 per share. For the year end 2024, the company expects to pay a dividend of JPY 25.00 per share.Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥60.78 (vs JP¥20.75 in FY 2022)Full year 2023 results: EPS: JP¥60.78 (up from JP¥20.75 in FY 2022). Revenue: JP¥121.6b (up 24% from FY 2022). Net income: JP¥2.74b (up 198% from FY 2022). Profit margin: 2.3% (up from 0.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • May 13Avex Inc., Annual General Meeting, Jun 23, 2023Avex Inc., Annual General Meeting, Jun 23, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).Reported Earnings • Feb 13Third quarter 2023 earnings released: JP¥8.44 loss per share (vs JP¥17.65 profit in 3Q 2022)Third quarter 2023 results: JP¥8.44 loss per share (down from JP¥17.65 profit in 3Q 2022). Revenue: JP¥31.5b (up 5.8% from 3Q 2022). Net loss: JP¥381.0m (down 148% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Feb 13Now 24% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €14.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable.공시 • Dec 28Avex Inc. to Report Q3, 2023 Results on Feb 09, 2023Avex Inc. announced that they will report Q3, 2023 results on Feb 09, 2023공시 • Nov 28+ 1 more updateAvex Inc. Announces Dividend for the End of Second Quarter of the Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Avex Inc. announced dividend of JPY 25.00 per share for the end of second quarter of the fiscal year ending March 31, 2023 against JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments is December 1, 2022.The company provided dividend guidance for the fiscal year ending March 31, 2023. For the year-end, the company expects to pay dividend of JPY 25.00 per share against JPY 25.00 per share paid a year ago.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥33.96 (vs JP¥35.57 in 2Q 2022)Second quarter 2023 results: EPS: JP¥33.96 (down from JP¥35.57 in 2Q 2022). Revenue: JP¥25.6b (down 4.8% from 2Q 2022). Net income: JP¥1.53b (down 4.3% from 2Q 2022). Profit margin: 6.0% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).공시 • Sep 22Avex Inc. to Report Q2, 2023 Results on Nov 10, 2022Avex Inc. announced that they will report Q2, 2023 results on Nov 10, 2022Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥37.20 (vs JP¥0.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥37.20 (up from JP¥0.26 in 1Q 2022). Revenue: JP¥28.5b (up 47% from 1Q 2022). Net income: JP¥1.68b (up JP¥1.66b from 1Q 2022). Profit margin: 5.9% (up from 0.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 131% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Jun 29Avex Inc. to Report Q1, 2023 Results on Aug 04, 2022Avex Inc. announced that they will report Q1, 2023 results on Aug 04, 2022공시 • May 28+ 2 more updatesAvex Inc. Announces Dividend for the Fiscal Year Ending March 31, 2022, Payable on June 9, 2022Avex Inc. announced Dividend for the Fiscal Year Ending March 31, 2022 the dividend of ¥25 per share. Scheduled date for commencement of dividend payments is June 9, 2022.Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥20.75 (vs JP¥298 in FY 2021)Full year 2022 results: EPS: JP¥20.75 (down from JP¥298 in FY 2021). Revenue: JP¥98.4b (up 21% from FY 2021). Net income: JP¥919.0m (down 93% from FY 2021). Profit margin: 0.9% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 181% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • May 14Avex Inc., Annual General Meeting, Jun 24, 2022Avex Inc., Annual General Meeting, Jun 24, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 02Avex Inc. to Report Fiscal Year 2022 Results on May 12, 2022Avex Inc. announced that they will report fiscal year 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).공시 • Feb 22+ 1 more updateAvex Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022Avex Inc. provided dividend guidance for the fiscal year ending March 31, 2022. For the year, the company expects to pay an year end dividend of ¥25 per share.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥17.65 (up from JP¥22.80 loss in 3Q 2021). Revenue: JP¥29.7b (up 46% from 3Q 2021). Net income: JP¥795.0m (up JP¥1.79b from 3Q 2021). Profit margin: 2.7% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 26%, compared to a 343% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥35.57 (vs JP¥36.35 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥26.9b (up 33% from 2Q 2021). Net income: JP¥1.60b (up JP¥3.19b from 2Q 2021). Profit margin: 6.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.8%).Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥0.26 (vs JP¥39.18 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥19.4b (up 38% from 1Q 2021). Net income: JP¥11.0m (up JP¥1.72b from 1Q 2021). Profit margin: 0.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • May 28+ 2 more updatesAvex Inc. Announces Consolidated Earnings Guidance for the Year Ending March 31, 2022Avex Inc. announced consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects operating income of JPY 1,000 million.Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥298 (vs JP¥25.37 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥81.5b (down 40% from FY 2020). Net income: JP¥12.8b (up JP¥13.9b from FY 2020). Profit margin: 16% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 24Upcoming dividend of JP¥96.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.9%).Is New 90 Day High Low • Feb 23New 90-day high: €12.00The company is up 53% from its price of €7.85 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 15% over the same period.Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥22.80 loss per share (vs JP¥41.90 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥20.4b (down 48% from 3Q 2020). Net loss: JP¥995.0m (down 155% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 04New 90-day high: €10.70The company is up 36% from its price of €7.85 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 26% over the same period.Is New 90 Day High Low • Jan 14New 90-day high: €9.30The company is up 3.0% from its price of €9.05 on 16 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 25% over the same period.공시 • Jan 12GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion.GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion on December 24, 2020. BentallGreenOak is paying the equivalent of JPY 2.6 million per square metre for the 28000 square metre tower at 3 Chome-1-30 Minamiaoyama in Tokyo’s Minato Ward. Completion is expected during the first quarter of 2021.공시 • Jan 06Avex Inc. to Report Q3, 2021 Results on Feb 04, 2021Avex Inc. announced that they will report Q3, 2021 results on Feb 04, 2021Reported Earnings • Nov 07Second quarter 2021 earnings released: JP¥36.35 loss per shareThe company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥20.2b (down 37% from 2Q 2020). Net loss: JP¥1.59b (loss widened 12% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 68% 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.공시 • Oct 10Avex Inc. to Report Q2, 2021 Results on Nov 05, 2020Avex Inc. announced that they will report Q2, 2021 results on Nov 05, 2020공시 • Aug 10Avex Inc. Is Unable to Provide Earnings Guidance for the Year 2020Avex Inc. announced that as announced on May 14th, 2020, the Company is unable to perform reasonable and proper calculation of the effect from the Novel Coronavirus (COVID-19) at this point, the Earnings Guidance for Fiscal Year 2020 have yet to be determined.공시 • Jun 28Avex Inc. to Report Q1, 2021 Results on Aug 06, 2020Avex Inc. announced that they will report Q1, 2021 results on Aug 06, 2020매출 및 비용 세부 내역Avex가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:AX8 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 26146,5713,55336,723031 Dec 25142,1442,05035,839030 Sep 25139,58837035,504030 Jun 25138,8786536,652031 Mar 25131,6911,13836,745031 Dec 24131,6121,70537,457030 Sep 24125,16316137,420030 Jun 24126,96211736,345031 Mar 24133,38798737,251031 Dec 23130,4181,35336,873030 Sep 23131,8561,99335,841030 Jun 23125,0613,77135,649031 Mar 23121,5612,74234,676031 Dec 22107,9301,33833,250030 Sep 22106,1932,51433,599030 Jun 22107,4932,58333,355031 Mar 2298,43791931,735031 Dec 21102,85219,52232,850030 Sep 2193,55217,73231,512030 Jun 2186,83614,54630,337031 Mar 2181,52712,83130,087031 Dec 2089,864-5,44527,535030 Sep 20108,559-2,62929,338030 Jun 20120,549-2,45831,292031 Mar 20135,469-1,10233,111031 Dec 19137,817-434,643030 Sep 19138,303-99235,043030 Jun 19156,8782,15136,744031 Mar 19160,1262,35437,055031 Dec 18164,9212,90637,701030 Sep 18177,9824,81839,773030 Jun 18163,2022,13439,092031 Mar 18163,3752,60139,135031 Dec 17159,6242,21339,832030 Sep 17154,349-1,18738,367030 Jun 17158,319-3837,911031 Mar 17161,59211838,222031 Dec 16167,9203,75937,864030 Sep 16161,1645,27236,931030 Jun 16158,3815,28136,621031 Mar 16154,1224,29237,250031 Dec 15158,1862,97235,478030 Sep 15159,1335,19136,714030 Jun 15158,9865,26337,8340양질의 수익: AX8의 비현금 수익 수준이 높습니다.이익 마진 증가: AX8의 현재 순 이익률 (2.4%)은 지난해 (0.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: AX8의 수익은 지난 5년 동안 연평균 59.5% 감소했습니다.성장 가속화: 지난 1년간 AX8 의 수익 증가율(212.2%)은 연간 평균(-59.5%)을 초과합니다.수익 대 산업: AX8의 지난 1년 수익 증가율(212.2%)은 Entertainment 업계의 -3.6%를 상회했습니다.자기자본이익률높은 ROE: AX8의 자본 수익률(7.5%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMedia 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/05 04:10종가2026/06/05 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Avex Inc.는 11명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hitoshi KuriyamaBofA Global ResearchRobert KahnCitigroup IncJun HasebeDaiwa Securities Co. Ltd.8명의 분석가 더 보기
공시 • Apr 09Avex Inc. to Report Fiscal Year 2026 Results on May 14, 2026Avex Inc. announced that they will report fiscal year 2026 results on May 14, 2026
공시 • Dec 16Avex Inc. to Report Q3, 2026 Results on Feb 12, 2026Avex Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
공시 • Sep 01Avex Inc. to Report Q2, 2026 Results on Nov 13, 2025Avex Inc. announced that they will report Q2, 2026 results on Nov 13, 2025
공시 • Jul 24Avex Inc. to Report Q1, 2026 Results on Aug 07, 2025Avex Inc. announced that they will report Q1, 2026 results on Aug 07, 2025
공시 • Mar 12Avex Inc. to Report Fiscal Year 2025 Results on May 08, 2025Avex Inc. announced that they will report fiscal year 2025 results on May 08, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥4.58 loss per share (vs JP¥5.44 loss in 2Q 2024)Second quarter 2025 results: JP¥4.58 loss per share (improved from JP¥5.44 loss in 2Q 2024). Revenue: JP¥30.6b (down 5.6% from 2Q 2024). Net loss: JP¥202.0m (loss narrowed 18% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Yurina Takiguchi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 16Avex Inc. Provides Earnings Guidance for the Fiscal Year 2026Avex Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects operating profit of USD 40 million, implying expected year-over-year growth of +47% in profit as Avex continues investing in long-term global growth initiatives across music, anime, live entertainment, publishing, and intellectual property ownership.
공시 • May 14Avex Inc., Annual General Meeting, Jun 26, 2026Avex Inc., Annual General Meeting, Jun 26, 2026.
공시 • Apr 09Avex Inc. to Report Fiscal Year 2026 Results on May 14, 2026Avex Inc. announced that they will report fiscal year 2026 results on May 14, 2026
공시 • Dec 16Avex Inc. to Report Q3, 2026 Results on Feb 12, 2026Avex Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
공시 • Sep 01Avex Inc. to Report Q2, 2026 Results on Nov 13, 2025Avex Inc. announced that they will report Q2, 2026 results on Nov 13, 2025
공시 • Jul 24Avex Inc. to Report Q1, 2026 Results on Aug 07, 2025Avex Inc. announced that they will report Q1, 2026 results on Aug 07, 2025
공시 • May 08Avex Inc., Annual General Meeting, Jun 27, 2025Avex Inc., Annual General Meeting, Jun 27, 2025.
공시 • Mar 27Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders.Avex Inc. (TSE:7860) acquired 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. As a part of acquisition, Ownership interest ratio in S10 Entertainment & Media LLC became 40%. Avex Inc. (TSE:7860) completed the acquisition of 20% stake in S10 Entertainment & Media LLC from it's existing shareholders on February 28, 2025. David C Eisman and Ryne C Posey of Skadden, Arps, Slate, Meagher & Flom LLP acted as the legal advisor to S10 Entertainment and its founder Brandon Silverstein.
공시 • Mar 26+ 1 more updateAvex Inc. Announces Board and Executive Changes for Avex Music Group LLCAvex Inc. (the "Company") hereby announces that the Company will acquire additional equity interest of US-based S10 Entertainment & Media LLC ("S10") (Headquarters: California, USA, Founder & CEO: Brandon Silverstein) from the existing shareholders of S10, and from the subsidiary of Avex USA Inc. ("AUI"), a wholly-owned consolidated subsidiary of the Company, Avex USA Partners LLC ("AUP"), which results in making S10 a consolidated subsidiary of the Company, and appoint Brandon Silverstein ("Brandon"), CEO of S10, as CEO of Avex Music Group LLC ("AMGL"), the Company's US subsidiary, effective on April 1. Changes in President and Directors (effective on April 1, 2025): Avex Music Group LLC. Brandon Silverstein, current ttile: (CEO, S10 Entertainment & Media LLC) with new title: Director, CEO (CEO, S10 Entertainment & Media LLC). Retirement of Naoki Osada as Director, CEO. Ryusuke Kamada, current tilte: (CFO, Avex USA Inc.) with Director, CFO (Director, Avex USA Inc.). Katsumi Kuroiwa, current title: (Representative Director, CEO, Avex Inc.) with Director (Representative Director, CEO, Avex Inc.). Hajime Shibata, current title: (Executive Officers, Avex Inc.) with new title: Director (Executive Officer, Avex Inc. Chairman, Avex USA Inc.). Takeya Ino, current title: (Director, Avex Entertainment Inc.) with new title: Director (Director, Avex Entertainment Inc.). Akihito Yamanaka current title: (President, Avex Live Creative Inc.) with new title: Director (Director, Avex Entertainment Inc.). Brandon Silverstein (Born in 1991) is a music industry entrepreneur known as the founder and CEO of S10. S10 handles artist management and manages top global artists such as Myke Towers and Big Sean. Since 2020, he has partnered with AUI in the music publishing domain, producing numerous Billboard hits including Justin Bieber's "Peaches (feat. Daniel Caesar & Giveon)" and Doja Cat's "Agora Hills." He has won numerous awards in the United States, including Forbes 30 Under 30 (2019), Billboard's 40 Under 40 (2021), and Billboard's Power Players' Choice Award (2023).
공시 • Mar 25Avex Inc. Appoints Brandon Silverstein as Chief Executive Officer of Avex Music GroupAvex Inc. named music industry veteran and S10 founder Brandon Silverstein as Chief Executive Officer of the newly formed Avex Music Group (AMG). In this role, Silverstein will oversee all company operations for Avex Music Group, including the S10 Music Publishing and S10 Management roster, as well as the full roster and activities across AMG. Silverstein will be a partner in AMG with an equity stake in the company and will join its board of directors.
공시 • Mar 12Avex Inc. to Report Fiscal Year 2025 Results on May 08, 2025Avex Inc. announced that they will report fiscal year 2025 results on May 08, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥4.58 loss per share (vs JP¥5.44 loss in 2Q 2024)Second quarter 2025 results: JP¥4.58 loss per share (improved from JP¥5.44 loss in 2Q 2024). Revenue: JP¥30.6b (down 5.6% from 2Q 2024). Net loss: JP¥202.0m (loss narrowed 18% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
공시 • Sep 26+ 1 more updateAvex Inc. to Report Q3, 2025 Results on Feb 13, 2025Avex Inc. announced that they will report Q3, 2025 results on Feb 13, 2025
Upcoming Dividend • Sep 20Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.9%).
Declared Dividend • Jul 11Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 305%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (167% earnings payout ratio) nor is it covered by cash flows (161% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 86% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
공시 • Jun 28Avex Inc. to Report Q1, 2025 Results on Aug 08, 2024Avex Inc. announced that they will report Q1, 2025 results on Aug 08, 2024
공시 • Jun 13+ 1 more updateAvex Inc. Announces End of Year Dividend for the Year Ended March 31, 2024, Payable on June 7, 2024; Provides End of Second Quarter and End of Year Dividend Guidance for the Year Ending March 31, 2025Avex Inc. announced end of year dividend of JPY 25.00 per share for the Year ended March 31, 2024 compared to JPY 25.00 per share a year ago. Scheduled date for commencement of dividend payments: June 7, 2024.The company provided end of second quarter and end of year dividend guidance for the year ending March 31, 2025. For the end of second quarter, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.For the end of year, the company expects dividend of JPY 25.00 per share compared to JPY 25.00 per share a year ago.
공시 • May 30Avex Inc. Provides Consolidated Earnings Forecasts for the Fiscal Year Ended March 31, 2024Avex Inc. provided consolidated earnings forecasts for the fiscal year ended March 31, 2024. For the year, the company expected Operating profit of JPY 2,000 million, Profit attributable to owners of parent of JPY 2,200 million and Profit per share of JPY 48.77.
공시 • May 11Avex Inc., Annual General Meeting, Jun 21, 2024Avex Inc., Annual General Meeting, Jun 21, 2024.
Reported Earnings • May 10Full year 2024 earnings released: EPS: JP¥21.83 (vs JP¥60.79 in FY 2023)Full year 2024 results: EPS: JP¥21.83 (down from JP¥60.79 in FY 2023). Revenue: JP¥133.4b (up 9.7% from FY 2023). Net income: JP¥987.0m (down 64% from FY 2023). Profit margin: 0.7% (down from 2.3% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
공시 • May 10Avex Inc. (TSE:7860) announces an Equity Buyback for 3,000,000 shares, representing 6.63% for ¥4,500 million.Avex Inc. (TSE:7860) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 6.63% of its share capital, for ¥4,500 million. The purpose of the program is to improve capital efficiency and shareholders' value. The program will expire on April 30, 2025. As of March 31, 2024, the company had 45,252,854 shares in issue (excluding treasury stock) and 410,546 shares in treasury.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%).
공시 • Mar 20Avex Inc. to Report Fiscal Year 2024 Results on May 09, 2024Avex Inc. announced that they will report fiscal year 2024 results on May 09, 2024
Reported Earnings • Feb 11Third quarter 2024 earnings released: JP¥22.56 loss per share (vs JP¥8.44 loss in 3Q 2023)Third quarter 2024 results: JP¥22.56 loss per share (further deteriorated from JP¥8.44 loss in 3Q 2023). Revenue: JP¥30.0b (down 4.6% from 3Q 2023). Net loss: JP¥1.02b (loss widened 168% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 46% 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.
공시 • Dec 10Avex Inc. to Report Q3, 2024 Results on Feb 08, 2024Avex Inc. announced that they will report Q3, 2024 results on Feb 08, 2024
New Risk • Nov 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin).
Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥5.44 loss per share (vs JP¥33.96 profit in 2Q 2023)Second quarter 2024 results: JP¥5.44 loss per share (down from JP¥33.96 profit in 2Q 2023). Revenue: JP¥32.4b (up 27% from 2Q 2023). Net loss: JP¥246.0m (down 116% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Board Change • Oct 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Oct 05Avex Inc. to Report Q2, 2024 Results on Nov 09, 2023Avex Inc. announced that they will report Q2, 2024 results on Nov 09, 2023
공시 • Jul 14Avex Inc. Decides to Reorganize the Avex Group and Change the System for Execution of Business OperationAvex Inc. decided to reorganize the Avex Group and change the system for execution of business operation. After the Reorganization, Avex Entertainment Inc. and Avex Pictures Inc. will become intermediate holding companies. Details are as follows. Purpose of the Reorganization; Under "avex vision 2027" a medium-term management plan announced in May 2022, the Company focuses on "meeting and developing talent," which is the basis of the Company's value creation. It also actively invests in intellectual property development, and pursues a range of measures to build a system that enables it to achieve medium to long-term growth. To accelerate the implementation of measures in line with the management policy, the Company will establish an intermediate holding company responsible for the Music and Management business and one responsible for the Anime & Visual Content business and delegate authority to these companies, clarifying business responsibilities. In this way, the Company aims to enhance competitiveness and implement growth strategies. Overview of the Reorganization; AEI, API and Avex Management Inc. ("AMG") will split their business divisions into separate companies. AEI will become an intermediate holding company responsible for the Music business and management, and API will become one responsible for the Anime & Visual Content business. The Group companies will be positioned in the new organizational structure.
공시 • Jun 29Avex Inc. to Report Q1, 2024 Results on Aug 10, 2023Avex Inc. announced that they will report Q1, 2024 results on Aug 10, 2023
공시 • May 26+ 1 more updateAvex Inc. Announces Dividend for the Year Ended March 31, 2023, Payable on June 8, 2023; Provides Dividend Guidance for the Second Quarter and Year End of the Fiscal Year Ending March 31, 2024Avex Inc. announced dividend for the year ended March 31, 2023. For the year, the company announced dividend of JPY 25.00 per share compared to JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments: June 8, 2023.For the second quarter end, the company expects to pay a dividend of JPY 25.00 per share. For the year end 2024, the company expects to pay a dividend of JPY 25.00 per share.
Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥60.78 (vs JP¥20.75 in FY 2022)Full year 2023 results: EPS: JP¥60.78 (up from JP¥20.75 in FY 2022). Revenue: JP¥121.6b (up 24% from FY 2022). Net income: JP¥2.74b (up 198% from FY 2022). Profit margin: 2.3% (up from 0.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • May 13Avex Inc., Annual General Meeting, Jun 23, 2023Avex Inc., Annual General Meeting, Jun 23, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%).
Reported Earnings • Feb 13Third quarter 2023 earnings released: JP¥8.44 loss per share (vs JP¥17.65 profit in 3Q 2022)Third quarter 2023 results: JP¥8.44 loss per share (down from JP¥17.65 profit in 3Q 2022). Revenue: JP¥31.5b (up 5.8% from 3Q 2022). Net loss: JP¥381.0m (down 148% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Feb 13Now 24% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €14.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.7% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Dec 28Avex Inc. to Report Q3, 2023 Results on Feb 09, 2023Avex Inc. announced that they will report Q3, 2023 results on Feb 09, 2023
공시 • Nov 28+ 1 more updateAvex Inc. Announces Dividend for the End of Second Quarter of the Fiscal Year Ending March 31, 2023, Payable on December 1, 2022; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023Avex Inc. announced dividend of JPY 25.00 per share for the end of second quarter of the fiscal year ending March 31, 2023 against JPY 25.00 per share paid a year ago. Scheduled date for commencement of dividend payments is December 1, 2022.The company provided dividend guidance for the fiscal year ending March 31, 2023. For the year-end, the company expects to pay dividend of JPY 25.00 per share against JPY 25.00 per share paid a year ago.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥33.96 (vs JP¥35.57 in 2Q 2022)Second quarter 2023 results: EPS: JP¥33.96 (down from JP¥35.57 in 2Q 2022). Revenue: JP¥25.6b (down 4.8% from 2Q 2022). Net income: JP¥1.53b (down 4.3% from 2Q 2022). Profit margin: 6.0% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is on the higher end at 87% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%).
공시 • Sep 22Avex Inc. to Report Q2, 2023 Results on Nov 10, 2022Avex Inc. announced that they will report Q2, 2023 results on Nov 10, 2022
Reported Earnings • Aug 05First quarter 2023 earnings released: EPS: JP¥37.20 (vs JP¥0.26 in 1Q 2022)First quarter 2023 results: EPS: JP¥37.20 (up from JP¥0.26 in 1Q 2022). Revenue: JP¥28.5b (up 47% from 1Q 2022). Net income: JP¥1.68b (up JP¥1.66b from 1Q 2022). Profit margin: 5.9% (up from 0.1% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 131% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Jun 29Avex Inc. to Report Q1, 2023 Results on Aug 04, 2022Avex Inc. announced that they will report Q1, 2023 results on Aug 04, 2022
공시 • May 28+ 2 more updatesAvex Inc. Announces Dividend for the Fiscal Year Ending March 31, 2022, Payable on June 9, 2022Avex Inc. announced Dividend for the Fiscal Year Ending March 31, 2022 the dividend of ¥25 per share. Scheduled date for commencement of dividend payments is June 9, 2022.
Reported Earnings • May 17Full year 2022 earnings released: EPS: JP¥20.75 (vs JP¥298 in FY 2021)Full year 2022 results: EPS: JP¥20.75 (down from JP¥298 in FY 2021). Revenue: JP¥98.4b (up 21% from FY 2021). Net income: JP¥919.0m (down 93% from FY 2021). Profit margin: 0.9% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 40%, compared to a 181% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • May 14Avex Inc., Annual General Meeting, Jun 24, 2022Avex Inc., Annual General Meeting, Jun 24, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Akihiro Tamaki was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 02Avex Inc. to Report Fiscal Year 2022 Results on May 12, 2022Avex Inc. announced that they will report fiscal year 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%).
공시 • Feb 22+ 1 more updateAvex Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022Avex Inc. provided dividend guidance for the fiscal year ending March 31, 2022. For the year, the company expects to pay an year end dividend of ¥25 per share.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥17.65 (up from JP¥22.80 loss in 3Q 2021). Revenue: JP¥29.7b (up 46% from 3Q 2021). Net income: JP¥795.0m (up JP¥1.79b from 3Q 2021). Profit margin: 2.7% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 26%, compared to a 343% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥35.57 (vs JP¥36.35 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥26.9b (up 33% from 2Q 2021). Net income: JP¥1.60b (up JP¥3.19b from 2Q 2021). Profit margin: 6.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 3.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.8%).
Reported Earnings • Aug 11First quarter 2022 earnings released: EPS JP¥0.26 (vs JP¥39.18 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥19.4b (up 38% from 1Q 2021). Net income: JP¥11.0m (up JP¥1.72b from 1Q 2021). Profit margin: 0.1% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • May 28+ 2 more updatesAvex Inc. Announces Consolidated Earnings Guidance for the Year Ending March 31, 2022Avex Inc. announced consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects operating income of JPY 1,000 million.
Reported Earnings • May 15Full year 2021 earnings released: EPS JP¥298 (vs JP¥25.37 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥81.5b (down 40% from FY 2020). Net income: JP¥12.8b (up JP¥13.9b from FY 2020). Profit margin: 16% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 24Upcoming dividend of JP¥96.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.9%).
Is New 90 Day High Low • Feb 23New 90-day high: €12.00The company is up 53% from its price of €7.85 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 15% over the same period.
Reported Earnings • Feb 07Third quarter 2021 earnings released: JP¥22.80 loss per share (vs JP¥41.90 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥20.4b (down 48% from 3Q 2020). Net loss: JP¥995.0m (down 155% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 04New 90-day high: €10.70The company is up 36% from its price of €7.85 on 06 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 26% over the same period.
Is New 90 Day High Low • Jan 14New 90-day high: €9.30The company is up 3.0% from its price of €9.05 on 16 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 25% over the same period.
공시 • Jan 12GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion.GreenOak Asia III, LP managed by BentallGreenOak agreed to acquire Avex building in Tokyo from Avex Inc. (TSE:7860) for ¥72.8 billion on December 24, 2020. BentallGreenOak is paying the equivalent of JPY 2.6 million per square metre for the 28000 square metre tower at 3 Chome-1-30 Minamiaoyama in Tokyo’s Minato Ward. Completion is expected during the first quarter of 2021.
공시 • Jan 06Avex Inc. to Report Q3, 2021 Results on Feb 04, 2021Avex Inc. announced that they will report Q3, 2021 results on Feb 04, 2021
Reported Earnings • Nov 07Second quarter 2021 earnings released: JP¥36.35 loss per shareThe company reported a poor second quarter result with increased losses and weaker revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥20.2b (down 37% from 2Q 2020). Net loss: JP¥1.59b (loss widened 12% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 68% 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.
공시 • Oct 10Avex Inc. to Report Q2, 2021 Results on Nov 05, 2020Avex Inc. announced that they will report Q2, 2021 results on Nov 05, 2020
공시 • Aug 10Avex Inc. Is Unable to Provide Earnings Guidance for the Year 2020Avex Inc. announced that as announced on May 14th, 2020, the Company is unable to perform reasonable and proper calculation of the effect from the Novel Coronavirus (COVID-19) at this point, the Earnings Guidance for Fiscal Year 2020 have yet to be determined.
공시 • Jun 28Avex Inc. to Report Q1, 2021 Results on Aug 06, 2020Avex Inc. announced that they will report Q1, 2021 results on Aug 06, 2020