New Risk • Mar 19
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (JP¥1.70b market cap, or US$10.6m). Reported Earnings • Mar 17
Full year 2026 earnings released: EPS: JP¥63.26 (vs JP¥40.63 in FY 2025) Full year 2026 results: EPS: JP¥63.26 (up from JP¥40.63 in FY 2025). Revenue: JP¥4.00b (down 6.2% from FY 2025). Net income: JP¥117.0m (up 56% from FY 2025). Profit margin: 2.9% (up from 1.8% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. 공시 • Mar 16
STORAGE-OH Co.,Ltd., Annual General Meeting, Apr 24, 2026 STORAGE-OH Co.,Ltd., Annual General Meeting, Apr 24, 2026. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥978, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 15x in the Commercial Services industry in Japan. Total returns to shareholders of 69% over the past three years. 공시 • Dec 30
STORAGE-OH Co.,Ltd. to Report Fiscal Year 2026 Results on Mar 16, 2026 STORAGE-OH Co.,Ltd. announced that they will report fiscal year 2026 results on Mar 16, 2026 Reported Earnings • Dec 16
Third quarter 2026 earnings released: JP¥31.91 loss per share (vs JP¥29.80 loss in 3Q 2025) Third quarter 2026 results: JP¥31.91 loss per share (further deteriorated from JP¥29.80 loss in 3Q 2025). Revenue: JP¥347.0m (up 44% from 3Q 2025). Net loss: JP¥59.0m (loss widened 7.3% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Oct 28
STORAGE-OH Co.,Ltd. to Report Q3, 2026 Results on Dec 15, 2025 STORAGE-OH Co.,Ltd. announced that they will report Q3, 2026 results on Dec 15, 2025 Reported Earnings • Sep 14
Second quarter 2026 earnings released: JP¥20.03 loss per share (vs JP¥28.18 loss in 2Q 2025) Second quarter 2026 results: JP¥20.03 loss per share (improved from JP¥28.18 loss in 2Q 2025). Revenue: JP¥655.0m (up 108% from 2Q 2025). Net loss: JP¥37.0m (loss narrowed 29% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year. 공시 • Jun 29
STORAGE-OH Co.,Ltd. to Report Q2, 2026 Results on Sep 12, 2025 STORAGE-OH Co.,Ltd. announced that they will report Q2, 2026 results on Sep 12, 2025 Reported Earnings • Jun 15
First quarter 2026 earnings released: JP¥16.24 loss per share (vs JP¥33.60 loss in 1Q 2025) First quarter 2026 results: JP¥16.24 loss per share (improved from JP¥33.60 loss in 1Q 2025). Revenue: JP¥630.0m (up 157% from 1Q 2025). Net loss: JP¥30.0m (loss narrowed 52% from 1Q 2025). Reported Earnings • May 02
Full year 2025 earnings released: EPS: JP¥40.63 (vs JP¥59.06 in FY 2024) Full year 2025 results: EPS: JP¥40.63 (down from JP¥59.06 in FY 2024). Revenue: JP¥4.26b (up 28% from FY 2024). Net income: JP¥75.0m (down 31% from FY 2024). Profit margin: 1.8% (down from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. 공시 • Apr 29
STORAGE-OH Co.,Ltd. to Report Q1, 2026 Results on Jun 13, 2025 STORAGE-OH Co.,Ltd. announced that they will report Q1, 2026 results on Jun 13, 2025 Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥873, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 48% over the past year. New Risk • Apr 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.39b (US$9.48m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Market cap is less than US$10m (JP¥1.39b market cap, or US$9.48m). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). New Risk • Mar 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (JP¥1.57b market cap, or US$10.6m). 공시 • Mar 17
STORAGE-OH Co.,Ltd., Annual General Meeting, Apr 28, 2025 STORAGE-OH Co.,Ltd., Annual General Meeting, Apr 28, 2025. Reported Earnings • Mar 15
Full year 2025 earnings released: EPS: JP¥40.63 (vs JP¥59.06 in FY 2024) Full year 2025 results: EPS: JP¥40.63 (down from JP¥59.06 in FY 2024). Revenue: JP¥4.26b (up 28% from FY 2024). Net income: JP¥75.0m (down 31% from FY 2024). Profit margin: 1.8% (down from 3.3% in FY 2024). Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥897, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 60% over the past year. New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (JP¥1.76b market cap, or US$11.4m). 공시 • Jan 17
STORAGE-OH Co.,Ltd. to Report Fiscal Year 2025 Results on Mar 14, 2025 STORAGE-OH Co.,Ltd. announced that they will report fiscal year 2025 results on Mar 14, 2025 Reported Earnings • Dec 15
Third quarter 2025 earnings released: JP¥29.80 loss per share (vs JP¥27.09 loss in 3Q 2024) Third quarter 2025 results: JP¥29.80 loss per share (further deteriorated from JP¥27.09 loss in 3Q 2024). Revenue: JP¥241.0m (up 11% from 3Q 2024). Net loss: JP¥55.0m (loss widened 10.0% from 3Q 2024). 공시 • Sep 28
STORAGE-OH Co.,Ltd. to Report Q3, 2025 Results on Dec 13, 2024 STORAGE-OH Co.,Ltd. announced that they will report Q3, 2025 results on Dec 13, 2024 Reported Earnings • Sep 17
Second quarter 2025 earnings released: JP¥28.18 loss per share (vs JP¥20.05 loss in 2Q 2024) Second quarter 2025 results: JP¥28.18 loss per share (further deteriorated from JP¥20.05 loss in 2Q 2024). Revenue: JP¥315.0m (up 32% from 2Q 2024). Net loss: JP¥52.0m (loss widened 41% from 2Q 2024). New Risk • Aug 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.44b (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$10m (JP¥1.44b market cap, or US$9.70m). Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥820, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 67% over the past year. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,019, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 112% over the past year. 공시 • Jul 04
STORAGE-OH Co.,Ltd. to Report Q2, 2025 Results on Sep 13, 2024 STORAGE-OH Co.,Ltd. announced that they will report Q2, 2025 results on Sep 13, 2024 Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 52% After last week's 52% share price gain to JP¥857, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 78% over the past year. New Risk • Jun 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (JP¥1.21b market cap, or US$7.68m). Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Reported Earnings • Jun 16
First quarter 2025 earnings released: JP¥33.60 loss per share (vs JP¥35.22 loss in 1Q 2024) First quarter 2025 results: JP¥33.60 loss per share (improved from JP¥35.22 loss in 1Q 2024). Revenue: JP¥245.0m (up 21% from 1Q 2024). Net loss: JP¥62.0m (loss narrowed 4.6% from 1Q 2024). 공시 • Apr 26
STORAGE-OH Co.,Ltd. to Report Q1, 2025 Results on Jun 13, 2024 STORAGE-OH Co.,Ltd. announced that they will report Q1, 2025 results on Jun 13, 2024 Reported Earnings • Mar 17
Full year 2024 earnings released: EPS: JP¥59.06 (vs JP¥57.68 in FY 2023) Full year 2024 results: EPS: JP¥59.06 (up from JP¥57.68 in FY 2023). Revenue: JP¥3.33b (up 8.5% from FY 2023). Net income: JP¥109.0m (up 6.9% from FY 2023). Profit margin: 3.3% (in line with FY 2023). 공시 • Mar 17
STORAGE-OH Co.,Ltd., Annual General Meeting, Apr 26, 2024 STORAGE-OH Co.,Ltd., Annual General Meeting, Apr 26, 2024. 공시 • Jan 06
STORAGE-OH Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 15, 2024 STORAGE-OH Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 15, 2024 Reported Earnings • Dec 16
Third quarter 2024 earnings released: JP¥27.09 loss per share (vs JP¥24.90 loss in 3Q 2023) Third quarter 2024 results: JP¥27.09 loss per share (further deteriorated from JP¥24.90 loss in 3Q 2023). Revenue: JP¥217.0m (up 34% from 3Q 2023). Net loss: JP¥50.0m (loss widened 8.7% from 3Q 2023). New Risk • Oct 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (7.3% average weekly change). High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (JP¥1.04b market cap, or US$6.99m). 공시 • Oct 06
STORAGE-OH Co.,Ltd. to Report Q3, 2024 Results on Dec 15, 2023 STORAGE-OH Co.,Ltd. announced that they will report Q3, 2024 results on Dec 15, 2023 Reported Earnings • Sep 17
Second quarter 2024 earnings released: JP¥20.05 loss per share (vs JP¥24.90 loss in 2Q 2023) Second quarter 2024 results: JP¥20.05 loss per share (improved from JP¥24.90 loss in 2Q 2023). Revenue: JP¥239.0m (up 48% from 2Q 2023). Net loss: JP¥37.0m (loss narrowed 20% from 2Q 2023). 공시 • Jan 19
STORAGE-OH Co.,Ltd. to Report Fiscal Year 2022 Results on Mar 16, 2023 STORAGE-OH Co.,Ltd. announced that they will report fiscal year 2022 results on Mar 16, 2023 공시 • Oct 20
STORAGE-OH Co.,Ltd. to Report Q3, 2023 Results on Dec 14, 2022 STORAGE-OH Co.,Ltd. announced that they will report Q3, 2023 results on Dec 14, 2022 공시 • Jul 02
STORAGE-OH Co.,Ltd. to Report Q2, 2023 Results on Sep 14, 2022 STORAGE-OH Co.,Ltd. announced that they will report Q2, 2023 results on Sep 14, 2022