View Financial HealthBelluna 배당 및 자사주 매입배당 기준 점검 4/6Belluna 수익으로 충분히 충당되는 현재 수익률 3.24% 보유한 배당금 지급 회사입니다. 다음 지급일은 26th June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보3.2%배당 수익률0%자사주 매입 수익률총 주주 수익률3.2%미래 배당 수익률3.2%배당 성장률8.6%다음 배당 지급일26 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향25%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Sep 20Upcoming dividend of JP¥14.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.4%).공시 • Jul 31Belluna Co., Ltd. (TSE:9997) announces an Equity Buyback for 480,000 shares, representing 0.49% for ¥480 million.Belluna Co., Ltd. (TSE:9997) announces a share repurchase program. Under the program, the company will repurchase 480,000 shares, representing 0.49% of the outstanding shares for ¥480 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and improve capital efficiency. The program will run until September 30, 2024. As of June 30, 2024, the company had 97,244,472 issued shares (excluding treasury stock) and 545,469 shares in treasury.Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.25 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.3%).Upcoming Dividend • Sep 21Upcoming dividend of JP¥10.25 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers ().Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (0.5%).모든 업데이트 보기Recent updatesBoard Change • May 20Less 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. 2 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Junko Hamamoto was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • May 13Belluna Co., Ltd., Annual General Meeting, Jun 25, 2026Belluna Co., Ltd., Annual General Meeting, Jun 25, 2026.공시 • May 09Belluna Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Belluna Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026공시 • Nov 29Belluna Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Belluna Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026공시 • Sep 02Belluna Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025Belluna Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025공시 • Jun 06Belluna Co., Ltd. Provides Earnings Guidance for the Fiscal Years Ending March 2027 and March 2028Belluna Co., Ltd. provided earnings guidance for the fiscal years ending March 2027 and March 2028. For the fiscal year ending March 2027, the company expects total net sales of JPY 229.60 billion and operating profit of JPY 15.00 billion. For the fiscal year ending March 2028, the company expects total net sales of JPY 253.10 billion and operating profit of JPY 16.50 billion.공시 • Jun 04Belluna Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Belluna Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025공시 • May 13Belluna Co., Ltd., Annual General Meeting, Jun 26, 2025Belluna Co., Ltd., Annual General Meeting, Jun 26, 2025.공시 • Mar 04Belluna Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Belluna Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025공시 • Dec 03Belluna Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Belluna Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥16.28 (vs JP¥19.42 in 2Q 2024)Second quarter 2025 results: EPS: JP¥16.28 (down from JP¥19.42 in 2Q 2024). Revenue: JP¥45.8b (up 3.4% from 2Q 2024). Net income: JP¥1.57b (down 16% from 2Q 2024). Profit margin: 3.4% (down from 4.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% 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.Upcoming Dividend • Sep 20Upcoming dividend of JP¥14.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.4%).공시 • Aug 29Belluna Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Belluna Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024Buy Or Sell Opportunity • Aug 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to €4.26. The fair value is estimated to be €3.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 23%.Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥10.28 (vs JP¥14.32 in 1Q 2024)First quarter 2025 results: EPS: JP¥10.28 (down from JP¥14.32 in 1Q 2024). Revenue: JP¥51.4b (flat on 1Q 2024). Net income: JP¥994.0m (down 28% from 1Q 2024). Profit margin: 1.9% (down from 2.7% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.공시 • Jul 31Belluna Co., Ltd. (TSE:9997) announces an Equity Buyback for 480,000 shares, representing 0.49% for ¥480 million.Belluna Co., Ltd. (TSE:9997) announces a share repurchase program. Under the program, the company will repurchase 480,000 shares, representing 0.49% of the outstanding shares for ¥480 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and improve capital efficiency. The program will run until September 30, 2024. As of June 30, 2024, the company had 97,244,472 issued shares (excluding treasury stock) and 545,469 shares in treasury.공시 • Jun 29Belluna Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Belluna Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥60.39 (vs JP¥76.71 in FY 2023)Full year 2024 results: EPS: JP¥60.39 (down from JP¥76.71 in FY 2023). Revenue: JP¥208.3b (down 1.9% from FY 2023). Net income: JP¥5.84b (down 21% from FY 2023). Profit margin: 2.8% (down from 3.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 22% per year.공시 • May 15Belluna Co., Ltd., Annual General Meeting, Jun 26, 2024Belluna Co., Ltd., Annual General Meeting, Jun 26, 2024.공시 • Apr 21Belluna Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Belluna Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.25 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.3%).New Risk • Mar 20New major risk - Revenue and earnings growthEarnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.4% operating cash flow to total debt). Earnings have declined by 0.2% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥18.80 (vs JP¥26.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥18.80 (down from JP¥26.20 in 3Q 2023). Revenue: JP¥60.2b (down 2.4% from 3Q 2023). Net income: JP¥1.82b (down 28% from 3Q 2023). Profit margin: 3.0% (down from 4.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.공시 • Nov 29Belluna Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Belluna Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: JP¥19.42 (vs JP¥15.17 in 2Q 2023)Second quarter 2024 results: EPS: JP¥19.42 (up from JP¥15.17 in 2Q 2023). Revenue: JP¥44.3b (down 2.4% from 2Q 2023). Net income: JP¥1.88b (up 28% from 2Q 2023). Profit margin: 4.2% (up from 3.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Multiline Retail industry in Europe.공시 • Sep 28Belluna Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Belluna Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥10.25 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥14.32 (vs JP¥14.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.32 (up from JP¥14.29 in 1Q 2023). Revenue: JP¥51.8b (down 3.0% from 1Q 2023). Net income: JP¥1.39b (flat on 1Q 2023). Profit margin: 2.7% (up from 2.6% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in Europe.공시 • Jun 30Belluna Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Belluna Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥76.71 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥76.71 (down from JP¥106 in FY 2022). Revenue: JP¥212.4b (down 3.5% from FY 2022). Net income: JP¥7.42b (down 27% from FY 2022). Profit margin: 3.5% (down from 4.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe.공시 • May 14Belluna Co., Ltd., Annual General Meeting, Jun 28, 2023Belluna Co., Ltd., Annual General Meeting, Jun 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers ().Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥26.20 (vs JP¥46.91 in 3Q 2022)Third quarter 2023 results: EPS: JP¥26.20 (down from JP¥46.91 in 3Q 2022). Revenue: JP¥61.7b (down 1.8% from 3Q 2022). Net income: JP¥2.53b (down 44% from 3Q 2022). Profit margin: 4.1% (down from 7.2% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Online Retail industry in Germany.공시 • Nov 27Belluna Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Belluna Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥15.17 (vs JP¥16.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.17 (down from JP¥16.00 in 2Q 2022). Revenue: JP¥45.3b (down 3.3% from 2Q 2022). Net income: JP¥1.47b (down 5.2% from 2Q 2022). Profit margin: 3.2% (down from 3.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany.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 Junko Hamamoto was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥15.17 (vs JP¥16.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.17 (down from JP¥16.00 in 2Q 2022). Revenue: JP¥45.3b (down 3.3% from 2Q 2022). Net income: JP¥1.47b (down 5.2% from 2Q 2022). Profit margin: 3.2% (down from 3.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Online Retail industry in Germany.Buying Opportunity • Sep 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be €6.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 5.6% in 2 years. Earnings is forecast to grow by 10% in the next 2 years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (0.5%).Buying Opportunity • Sep 01Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €6.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.공시 • Aug 28Belluna Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Belluna Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022공시 • Aug 24Belluna Co., Ltd. (TSE:9997) acquired Label Co., Ltd., Label Logistics Co., Ltd. and R&M Corporation.Belluna Co., Ltd. (TSE:9997) acquired Label Co., Ltd., Label Logistics Co., Ltd. and R&M Corporation on August 22, 2022. Belluna Co., Ltd. (TSE:9997) completed the acquisition of Label Co., Ltd., Label Logistics Co., Ltd. and R&M Corporation on August 22, 2022.Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥14.29 (vs JP¥17.20 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.29 (down from JP¥17.20 in 1Q 2022). Revenue: JP¥53.4b (down 9.3% from 1Q 2022). Net income: JP¥1.38b (down 17% from 1Q 2022). Profit margin: 2.6% (down from 2.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.0%, compared to a 34% growth forecast for the industry in Germany.Buying Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock is up 9.8%. The fair value is estimated to be €7.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings is also forecast to grow by 4.6% per annum over the same time period.공시 • Jun 30Belluna Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Belluna Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥106 (vs JP¥114 in FY 2021)Full year 2022 results: EPS: JP¥106 (down from JP¥114 in FY 2021). Revenue: JP¥220.1b (up 6.6% from FY 2021). Net income: JP¥10.2b (down 7.5% from FY 2021). Profit margin: 4.6% (down from 5.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.5%, compared to a 29% growth forecast for the retail industry in Germany.공시 • May 15Belluna Co., Ltd., Annual General Meeting, Jun 28, 2022Belluna Co., Ltd., Annual General Meeting, Jun 28, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Director, General Manager of Planning Division & Executive Officer Ryogo Takahashi was the last 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 08Belluna Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Belluna Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥9.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.3%).Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥46.90 (down from JP¥58.93 in 3Q 2021). Revenue: JP¥62.8b (flat on 3Q 2021). Net income: JP¥4.54b (down 20% from 3Q 2021). Profit margin: 7.2% (down from 9.0% in 3Q 2021). Revenue missed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 2.7%, compared to a 48% growth forecast for the industry in Germany.Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS JP¥16.00 (vs JP¥14.80 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥46.9b (up 10.0% from 2Q 2021). Net income: JP¥1.55b (up 8.1% from 2Q 2021). Profit margin: 3.3% (down from 3.4% in 2Q 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Sep 22Upcoming dividend of JP¥9.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.3%).Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥17.20 (vs JP¥15.44 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥58.9b (up 21% from 1Q 2021). Net income: JP¥1.66b (up 12% from 1Q 2021). Profit margin: 2.8% (down from 3.1% in 1Q 2021). The decrease in margin was driven by higher expenses.Board Change • Jul 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Director, General Manager of Planning Division & Executive Officer Ryogo Takahashi was the last 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 • May 15Full year 2021 earnings released: EPS JP¥114 (vs JP¥60.62 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥206.5b (up 15% from FY 2020). Net income: JP¥11.0b (up 88% from FY 2020). Profit margin: 5.3% (up from 3.3% in FY 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥9.45, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 10.7x. This compares to an average P/E of 83x in the Online Retail industry in Germany.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥58.93 (vs JP¥30.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥63.0b (up 23% from 3Q 2020). Net income: JP¥5.70b (up 95% from 3Q 2020). Profit margin: 9.0% (up from 5.7% in 3Q 2020). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 5.7%, compared to a 54% growth forecast for the Online Retail industry in Germany.Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥8.70, the stock is trading at a trailing P/E ratio of 15.4x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 65x in the Online Retail industry in Germany.공시 • Dec 30Belluna Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Belluna Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 73L 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: 73L 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Belluna 배당 수익률 vs 시장73L의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (73L)3.2%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Multiline Retail)1.4%분석가 예측 (73L) (최대 3년)3.2%주목할만한 배당금: 73L 의 배당금( 3.24% )은 German 시장에서 배당금 지급자의 하위 25%( 1.5% )보다 높습니다.고배당: 73L 의 배당금( 3.24% )은 German 시장에서 배당금 지급자의 상위 25%( 4.55% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 25.4% )로 73L 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 73L 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 12:45종가2026/05/26 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 소스Belluna Co., Ltd.는 5명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yoshimasa IkazakiDaiwa Securities Co. Ltd.Yumiko KaiIchiyoshi Research Institute Inc.null nullInvestment Bridge Co., Ltd.2명의 분석가 더 보기
Upcoming Dividend • Sep 20Upcoming dividend of JP¥14.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.4%).
공시 • Jul 31Belluna Co., Ltd. (TSE:9997) announces an Equity Buyback for 480,000 shares, representing 0.49% for ¥480 million.Belluna Co., Ltd. (TSE:9997) announces a share repurchase program. Under the program, the company will repurchase 480,000 shares, representing 0.49% of the outstanding shares for ¥480 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and improve capital efficiency. The program will run until September 30, 2024. As of June 30, 2024, the company had 97,244,472 issued shares (excluding treasury stock) and 545,469 shares in treasury.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.25 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.3%).
Upcoming Dividend • Sep 21Upcoming dividend of JP¥10.25 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers ().
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (0.5%).
Board Change • May 20Less 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. 2 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Junko Hamamoto was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • May 13Belluna Co., Ltd., Annual General Meeting, Jun 25, 2026Belluna Co., Ltd., Annual General Meeting, Jun 25, 2026.
공시 • May 09Belluna Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026Belluna Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026
공시 • Nov 29Belluna Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Belluna Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
공시 • Sep 02Belluna Co., Ltd. to Report Q2, 2026 Results on Oct 31, 2025Belluna Co., Ltd. announced that they will report Q2, 2026 results on Oct 31, 2025
공시 • Jun 06Belluna Co., Ltd. Provides Earnings Guidance for the Fiscal Years Ending March 2027 and March 2028Belluna Co., Ltd. provided earnings guidance for the fiscal years ending March 2027 and March 2028. For the fiscal year ending March 2027, the company expects total net sales of JPY 229.60 billion and operating profit of JPY 15.00 billion. For the fiscal year ending March 2028, the company expects total net sales of JPY 253.10 billion and operating profit of JPY 16.50 billion.
공시 • Jun 04Belluna Co., Ltd. to Report Q1, 2026 Results on Jul 31, 2025Belluna Co., Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025
공시 • May 13Belluna Co., Ltd., Annual General Meeting, Jun 26, 2025Belluna Co., Ltd., Annual General Meeting, Jun 26, 2025.
공시 • Mar 04Belluna Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025Belluna Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025
공시 • Dec 03Belluna Co., Ltd. to Report Q3, 2025 Results on Jan 31, 2025Belluna Co., Ltd. announced that they will report Q3, 2025 results on Jan 31, 2025
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: JP¥16.28 (vs JP¥19.42 in 2Q 2024)Second quarter 2025 results: EPS: JP¥16.28 (down from JP¥19.42 in 2Q 2024). Revenue: JP¥45.8b (up 3.4% from 2Q 2024). Net income: JP¥1.57b (down 16% from 2Q 2024). Profit margin: 3.4% (down from 4.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% 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.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥14.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.4%).
공시 • Aug 29Belluna Co., Ltd. to Report Q2, 2025 Results on Oct 31, 2024Belluna Co., Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024
Buy Or Sell Opportunity • Aug 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to €4.26. The fair value is estimated to be €3.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 23%.
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥10.28 (vs JP¥14.32 in 1Q 2024)First quarter 2025 results: EPS: JP¥10.28 (down from JP¥14.32 in 1Q 2024). Revenue: JP¥51.4b (flat on 1Q 2024). Net income: JP¥994.0m (down 28% from 1Q 2024). Profit margin: 1.9% (down from 2.7% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
공시 • Jul 31Belluna Co., Ltd. (TSE:9997) announces an Equity Buyback for 480,000 shares, representing 0.49% for ¥480 million.Belluna Co., Ltd. (TSE:9997) announces a share repurchase program. Under the program, the company will repurchase 480,000 shares, representing 0.49% of the outstanding shares for ¥480 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and improve capital efficiency. The program will run until September 30, 2024. As of June 30, 2024, the company had 97,244,472 issued shares (excluding treasury stock) and 545,469 shares in treasury.
공시 • Jun 29Belluna Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Belluna Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
Reported Earnings • May 16Full year 2024 earnings released: EPS: JP¥60.39 (vs JP¥76.71 in FY 2023)Full year 2024 results: EPS: JP¥60.39 (down from JP¥76.71 in FY 2023). Revenue: JP¥208.3b (down 1.9% from FY 2023). Net income: JP¥5.84b (down 21% from FY 2023). Profit margin: 2.8% (down from 3.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 22% per year.
공시 • May 15Belluna Co., Ltd., Annual General Meeting, Jun 26, 2024Belluna Co., Ltd., Annual General Meeting, Jun 26, 2024.
공시 • Apr 21Belluna Co., Ltd. to Report Fiscal Year 2024 Results on May 13, 2024Belluna Co., Ltd. announced that they will report fiscal year 2024 results on May 13, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.25 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.3%).
New Risk • Mar 20New major risk - Revenue and earnings growthEarnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.4% operating cash flow to total debt). Earnings have declined by 0.2% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Feb 02Third quarter 2024 earnings released: EPS: JP¥18.80 (vs JP¥26.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥18.80 (down from JP¥26.20 in 3Q 2023). Revenue: JP¥60.2b (down 2.4% from 3Q 2023). Net income: JP¥1.82b (down 28% from 3Q 2023). Profit margin: 3.0% (down from 4.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
공시 • Nov 29Belluna Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024Belluna Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024
Reported Earnings • Nov 01Second quarter 2024 earnings released: EPS: JP¥19.42 (vs JP¥15.17 in 2Q 2023)Second quarter 2024 results: EPS: JP¥19.42 (up from JP¥15.17 in 2Q 2023). Revenue: JP¥44.3b (down 2.4% from 2Q 2023). Net income: JP¥1.88b (up 28% from 2Q 2023). Profit margin: 4.2% (up from 3.2% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Multiline Retail industry in Europe.
공시 • Sep 28Belluna Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Belluna Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥10.25 per share at 2.9% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).
Reported Earnings • Aug 01First quarter 2024 earnings released: EPS: JP¥14.32 (vs JP¥14.29 in 1Q 2023)First quarter 2024 results: EPS: JP¥14.32 (up from JP¥14.29 in 1Q 2023). Revenue: JP¥51.8b (down 3.0% from 1Q 2023). Net income: JP¥1.39b (flat on 1Q 2023). Profit margin: 2.7% (up from 2.6% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in Europe.
공시 • Jun 30Belluna Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023Belluna Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023
Reported Earnings • May 16Full year 2023 earnings released: EPS: JP¥76.71 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥76.71 (down from JP¥106 in FY 2022). Revenue: JP¥212.4b (down 3.5% from FY 2022). Net income: JP¥7.42b (down 27% from FY 2022). Profit margin: 3.5% (down from 4.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe.
공시 • May 14Belluna Co., Ltd., Annual General Meeting, Jun 28, 2023Belluna Co., Ltd., Annual General Meeting, Jun 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 2.9% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers ().
Reported Earnings • Feb 02Third quarter 2023 earnings released: EPS: JP¥26.20 (vs JP¥46.91 in 3Q 2022)Third quarter 2023 results: EPS: JP¥26.20 (down from JP¥46.91 in 3Q 2022). Revenue: JP¥61.7b (down 1.8% from 3Q 2022). Net income: JP¥2.53b (down 44% from 3Q 2022). Profit margin: 4.1% (down from 7.2% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Online Retail industry in Germany.
공시 • Nov 27Belluna Co., Ltd. to Report Q3, 2023 Results on Jan 31, 2023Belluna Co., Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥15.17 (vs JP¥16.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.17 (down from JP¥16.00 in 2Q 2022). Revenue: JP¥45.3b (down 3.3% from 2Q 2022). Net income: JP¥1.47b (down 5.2% from 2Q 2022). Profit margin: 3.2% (down from 3.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany.
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 Junko Hamamoto was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 02Second quarter 2023 earnings released: EPS: JP¥15.17 (vs JP¥16.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.17 (down from JP¥16.00 in 2Q 2022). Revenue: JP¥45.3b (down 3.3% from 2Q 2022). Net income: JP¥1.47b (down 5.2% from 2Q 2022). Profit margin: 3.2% (down from 3.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Online Retail industry in Germany.
Buying Opportunity • Sep 29Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be €6.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 5.6% in 2 years. Earnings is forecast to grow by 10% in the next 2 years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (0.5%).
Buying Opportunity • Sep 01Now 21% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be €6.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 13% in the next 2 years.
공시 • Aug 28Belluna Co., Ltd. to Report Q2, 2023 Results on Oct 31, 2022Belluna Co., Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022
공시 • Aug 24Belluna Co., Ltd. (TSE:9997) acquired Label Co., Ltd., Label Logistics Co., Ltd. and R&M Corporation.Belluna Co., Ltd. (TSE:9997) acquired Label Co., Ltd., Label Logistics Co., Ltd. and R&M Corporation on August 22, 2022. Belluna Co., Ltd. (TSE:9997) completed the acquisition of Label Co., Ltd., Label Logistics Co., Ltd. and R&M Corporation on August 22, 2022.
Reported Earnings • Jul 31First quarter 2023 earnings released: EPS: JP¥14.29 (vs JP¥17.20 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.29 (down from JP¥17.20 in 1Q 2022). Revenue: JP¥53.4b (down 9.3% from 1Q 2022). Net income: JP¥1.38b (down 17% from 1Q 2022). Profit margin: 2.6% (down from 2.8% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.0%, compared to a 34% growth forecast for the industry in Germany.
Buying Opportunity • Jul 16Now 20% undervaluedOver the last 90 days, the stock is up 9.8%. The fair value is estimated to be €7.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings is also forecast to grow by 4.6% per annum over the same time period.
공시 • Jun 30Belluna Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022Belluna Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥106 (vs JP¥114 in FY 2021)Full year 2022 results: EPS: JP¥106 (down from JP¥114 in FY 2021). Revenue: JP¥220.1b (up 6.6% from FY 2021). Net income: JP¥10.2b (down 7.5% from FY 2021). Profit margin: 4.6% (down from 5.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.5%, compared to a 29% growth forecast for the retail industry in Germany.
공시 • May 15Belluna Co., Ltd., Annual General Meeting, Jun 28, 2022Belluna Co., Ltd., Annual General Meeting, Jun 28, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Director, General Manager of Planning Division & Executive Officer Ryogo Takahashi was the last 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 08Belluna Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022Belluna Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥9.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.3%).
Reported Earnings • Feb 02Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥46.90 (down from JP¥58.93 in 3Q 2021). Revenue: JP¥62.8b (flat on 3Q 2021). Net income: JP¥4.54b (down 20% from 3Q 2021). Profit margin: 7.2% (down from 9.0% in 3Q 2021). Revenue missed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 2.7%, compared to a 48% growth forecast for the industry in Germany.
Reported Earnings • Oct 30Second quarter 2022 earnings released: EPS JP¥16.00 (vs JP¥14.80 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥46.9b (up 10.0% from 2Q 2021). Net income: JP¥1.55b (up 8.1% from 2Q 2021). Profit margin: 3.3% (down from 3.4% in 2Q 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥9.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.3%).
Reported Earnings • Aug 03First quarter 2022 earnings released: EPS JP¥17.20 (vs JP¥15.44 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥58.9b (up 21% from 1Q 2021). Net income: JP¥1.66b (up 12% from 1Q 2021). Profit margin: 2.8% (down from 3.1% in 1Q 2021). The decrease in margin was driven by higher expenses.
Board Change • Jul 29Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Director, General Manager of Planning Division & Executive Officer Ryogo Takahashi was the last 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 • May 15Full year 2021 earnings released: EPS JP¥114 (vs JP¥60.62 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥206.5b (up 15% from FY 2020). Net income: JP¥11.0b (up 88% from FY 2020). Profit margin: 5.3% (up from 3.3% in FY 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥9.45, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 10.7x. This compares to an average P/E of 83x in the Online Retail industry in Germany.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥58.93 (vs JP¥30.17 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥63.0b (up 23% from 3Q 2020). Net income: JP¥5.70b (up 95% from 3Q 2020). Profit margin: 9.0% (up from 5.7% in 3Q 2020). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 5.7%, compared to a 54% growth forecast for the Online Retail industry in Germany.
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥8.70, the stock is trading at a trailing P/E ratio of 15.4x, up from the previous P/E ratio of 13.1x. This compares to an average P/E of 65x in the Online Retail industry in Germany.
공시 • Dec 30Belluna Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021Belluna Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021