공지 • Apr 04
EDION Corporation to Report Fiscal Year 2026 Results on May 11, 2026 EDION Corporation announced that they will report fiscal year 2026 results on May 11, 2026 공지 • Dec 23
EDION Corporation to Report Q3, 2026 Results on Feb 06, 2026 EDION Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 공지 • Sep 11
EDION Corporation to Report Q2, 2026 Results on Nov 06, 2025 EDION Corporation announced that they will report Q2, 2026 results on Nov 06, 2025 공지 • Jun 11
EDION Corporation to Report Q1, 2026 Results on Aug 05, 2025 EDION Corporation announced that they will report Q1, 2026 results on Aug 05, 2025 공지 • May 09
EDION Corporation, Annual General Meeting, Jun 27, 2025 EDION Corporation, Annual General Meeting, Jun 27, 2025. 공지 • Mar 18
EDION Corporation to Report Fiscal Year 2025 Results on May 09, 2025 EDION Corporation announced that they will report fiscal year 2025 results on May 09, 2025 공지 • Dec 11
EDION Corporation to Report Q3, 2025 Results on Feb 12, 2025 EDION Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 New Risk • Nov 05
New major risk - Revenue and earnings growth Earnings have declined by 6.3% 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 Risk Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: JP¥73.58 (vs JP¥62.18 in 2Q 2024) Second quarter 2025 results: EPS: JP¥73.58 (up from JP¥62.18 in 2Q 2024). Revenue: JP¥206.0b (up 7.5% from 2Q 2024). Net income: JP¥7.75b (up 27% from 2Q 2024). Profit margin: 3.8% (up from 3.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. 공지 • Sep 27
EDION Corporation to Report Q2, 2025 Results on Nov 01, 2024 EDION Corporation announced that they will report Q2, 2025 results on Nov 01, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.1%). Reported Earnings • Aug 05
First quarter 2025 earnings released: EPS: JP¥21.70 (vs JP¥11.10 in 1Q 2024) First quarter 2025 results: EPS: JP¥21.70 (up from JP¥11.10 in 1Q 2024). Revenue: JP¥174.5b (up 8.4% from 1Q 2024). Net income: JP¥2.28b (up 109% from 1Q 2024). Profit margin: 1.3% (up from 0.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. 공지 • Aug 02
EDION Corporation (TSE:2730) announces an Equity Buyback for 5,500,000 shares, representing 5.23% for ¥10,000 million. EDION Corporation (TSE:2730) announces a share repurchase program. Under the program, the company will repurchase 5,500,000 shares, representing 5.23% of the outstanding shares for ¥10,000 million. The purpose of the program is to improve capital efficiency, thereby increasing return of profits to shareholders and implementing a flexible capital policy. The program will run until July 31, 2025. As of June 30, 2024, the company had 105,076,349 shares outstanding and 6,929,287 shares in treasury. Buy Or Sell Opportunity • Jul 31
Now 20% undervalued Over the last 90 days, the stock has risen 7.9% to €10.20. The fair value is estimated to be €12.79, however this is not to be taken as a buy 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 13%. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Declared Dividend • Jul 11
Final dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 239%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 2.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover. 공지 • Jun 17
EDION Corporation to Report Q1, 2025 Results on Aug 02, 2024 EDION Corporation announced that they will report Q1, 2025 results on Aug 02, 2024 Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥90.07 (vs JP¥112 in FY 2023) Full year 2024 results: EPS: JP¥90.07 (down from JP¥112 in FY 2023). Revenue: JP¥721.1b (flat on FY 2023). Net income: JP¥9.02b (down 21% from FY 2023). Profit margin: 1.3% (down from 1.6% in FY 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. 공지 • May 12
EDION Corporation, Annual General Meeting, Jun 27, 2024 EDION Corporation, Annual General Meeting, Jun 27, 2024. 공지 • Mar 29
EDION Corporation to Report Fiscal Year 2024 Results on May 10, 2024 EDION Corporation announced that they will report fiscal year 2024 results on May 10, 2024 New Risk • Mar 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (3.0%). Reported Earnings • Feb 04
Third quarter 2024 earnings released: EPS: JP¥8.32 (vs JP¥22.76 in 3Q 2023) Third quarter 2024 results: EPS: JP¥8.32 (down from JP¥22.76 in 3Q 2023). Revenue: JP¥185.0b (down 1.3% from 3Q 2023). Net income: JP¥835.0m (down 64% from 3Q 2023). Profit margin: 0.5% (down from 1.2% in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. 공지 • Dec 08
EDION Corporation to Report Q3, 2024 Results on Feb 02, 2024 EDION Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 Reported Earnings • Nov 04
Second quarter 2024 earnings released: EPS: JP¥62.18 (vs JP¥47.87 in 2Q 2023) Second quarter 2024 results: EPS: JP¥62.18 (up from JP¥47.87 in 2Q 2023). Revenue: JP¥191.6b (up 2.9% from 2Q 2023). Net income: JP¥6.12b (up 25% from 2Q 2023). Profit margin: 3.2% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Germany. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥22.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (3.0%). 공지 • Sep 15
EDION Corporation to Report Q2, 2024 Results on Nov 02, 2023 EDION Corporation announced that they will report Q2, 2024 results on Nov 02, 2023 Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: JP¥11.10 (vs JP¥21.22 in 1Q 2023) First quarter 2024 results: EPS: JP¥11.10 (down from JP¥21.22 in 1Q 2023). Revenue: JP¥160.9b (down 2.4% from 1Q 2023). Net income: JP¥1.09b (down 50% from 1Q 2023). Profit margin: 0.7% (down from 1.3% in 1Q 2023). The decrease in margin was driven by lower revenue. 공지 • Jun 09
EDION Corporation to Report Q1, 2024 Results on Aug 02, 2023 EDION Corporation announced that they will report Q1, 2024 results on Aug 02, 2023 Reported Earnings • May 10
Full year 2023 earnings released: EPS: JP¥112 (vs JP¥125 in FY 2022) Full year 2023 results: EPS: JP¥112 (down from JP¥125 in FY 2022). Revenue: JP¥720.6b (up 1.0% from FY 2022). Net income: JP¥11.4b (down 13% from FY 2022). Profit margin: 1.6% (down from 1.8% in FY 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share at 3.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: JP¥22.76 (vs JP¥22.14 in 3Q 2022) Third quarter 2023 results: EPS: JP¥22.76 (up from JP¥22.14 in 3Q 2022). Revenue: JP¥187.4b (up 4.1% from 3Q 2022). Net income: JP¥2.31b (up 1.4% from 3Q 2022). Profit margin: 1.2% (down from 1.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany. 공지 • Dec 21
EDION Corporation to Report Q3, 2023 Results on Feb 03, 2023 EDION Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥47.87 (vs JP¥55.67 in 2Q 2022) Second quarter 2023 results: EPS: JP¥47.87 (down from JP¥55.67 in 2Q 2022). Revenue: JP¥186.3b (up 1.4% from 2Q 2022). Net income: JP¥4.90b (down 17% from 2Q 2022). Profit margin: 2.6% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: JP¥47.87 (vs JP¥55.67 in 2Q 2022) Second quarter 2023 results: EPS: JP¥47.87 (down from JP¥55.67 in 2Q 2022). Revenue: JP¥186.3b (up 1.4% from 2Q 2022). Net income: JP¥4.90b (down 17% from 2Q 2022). Profit margin: 2.6% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. 공지 • Nov 05
EDION Corporation (TSE:2730) announces an Equity Buyback for 4,000,000 shares, representing 3.91% for ¥5,000 million. EDION Corporation (TSE:2730) announces a share repurchase program. Under the program, the company will repurchase 4,000,000 shares, representing 3.91% of the outstanding shares for ¥5,000 million. The purpose of the program is to improve shareholder returns and to implement a flexible capital policy through improving capital efficiency. The program will run until March 31, 2023. As of October 31, 2022, the company had 102,365,981 shares outstanding and 9,639,655 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.4%). 공지 • Sep 15
EDION Corporation to Report Q2, 2023 Results on Nov 04, 2022 EDION Corporation announced that they will report Q2, 2023 results on Nov 04, 2022 Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: JP¥21.22 (vs JP¥16.21 in 1Q 2022) First quarter 2023 results: EPS: JP¥21.22 (up from JP¥16.21 in 1Q 2022). Revenue: JP¥164.9b (flat on 1Q 2022). Net income: JP¥2.17b (up 25% from 1Q 2022). Profit margin: 1.3% (up from 1.1% in 1Q 2022). Over the next year, revenue is forecast to stay flat compared to a 9.0% growth forecast for the industry in Germany. Board Change • Jul 31
High number of new directors Outside Audit & Supervisory Board Member Takashi Okinaka was the last director to join the board, commencing their role in 2022. 공지 • Jun 09
EDION Corporation to Report Q1, 2023 Results on Aug 03, 2022 EDION Corporation announced that they will report Q1, 2023 results on Aug 03, 2022 공지 • May 12
EDION Corporation, Annual General Meeting, Jun 29, 2022 EDION Corporation, Annual General Meeting, Jun 29, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥125 (vs JP¥155 in FY 2021) Full year 2022 results: EPS: JP¥125 (down from JP¥155 in FY 2021). Revenue: JP¥713.8b (down 7.1% from FY 2021). Net income: JP¥13.1b (down 21% from FY 2021). Profit margin: 1.8% (down from 2.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the retail industry in Germany. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Yoshihiko Fukushima was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Apr 07
EDION Corporation to Report Fiscal Year 2022 Results on May 10, 2022 EDION Corporation announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 06
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥22.14 (down from JP¥40.08 in 3Q 2021). Revenue: JP¥180.0b (down 9.4% from 3Q 2021). Net income: JP¥2.28b (down 47% from 3Q 2021). Profit margin: 1.3% (down from 2.2% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 1.5%, compared to a 17% growth forecast for the industry in Germany. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥55.67 (vs JP¥68.60 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥183.7b (down 11% from 2Q 2021). Net income: JP¥5.87b (down 20% from 2Q 2021). Profit margin: 3.2% (down from 3.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥16.21 (vs JP¥28.49 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥165.1b (down 5.8% from 1Q 2021). Net income: JP¥1.74b (down 43% from 1Q 2021). Profit margin: 1.1% (down from 1.7% in 1Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥155 (vs JP¥101 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥768.1b (up 4.7% from FY 2020). Net income: JP¥16.6b (up 52% from FY 2020). Profit margin: 2.2% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. 공지 • Mar 11
EDION Corporation to Report Fiscal Year 2021 Results on May 14, 2021 EDION Corporation announced that they will report fiscal year 2021 results on May 14, 2021 Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS JP¥40.08 (vs JP¥6.25 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥198.7b (up 16% from 3Q 2020). Net income: JP¥4.29b (up JP¥3.63b from 3Q 2020). Profit margin: 2.2% (up from 0.4% in 3Q 2020). The increase in margin was driven by higher revenue.