Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥751, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Professional Services industry in Japan. Total loss to shareholders of 30% over the past year. Reported Earnings • Jun 16
First half 2026 earnings released: EPS: JP¥6.16 (vs JP¥12.57 in 1H 2025) First half 2026 results: EPS: JP¥6.16 (down from JP¥12.57 in 1H 2025). Revenue: JP¥1.15b (up 13% from 1H 2025). Net income: JP¥25.0m (down 51% from 1H 2025). Profit margin: 2.2% (down from 5.0% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Professional Services industry in Japan. New Risk • Jun 15
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 9.5% 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 Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (33% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥2.43b market cap, or US$15.2m). Buy Or Sell Opportunity • Jun 15
Now 25% overvalued Over the last 90 days, the stock has fallen 33% to JP¥612. The fair value is estimated to be JP¥490, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 30% per annum. Earnings are also forecast to grow by 40% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥743, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Professional Services industry in Japan. Total loss to shareholders of 19% over the past year. 공시 • Mar 17
Emimen Co., Ltd. (TSE:9237) announces an Equity Buyback for 175,000 shares, representing 4.31% for ¥150 million. Emimen Co., Ltd. (TSE:9237) announces a share repurchase program. Under the program, the company will repurchase up to 175,000 shares, representing 4.31% of its issued share capital, for $150 million. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment, taking into comprehensive consideration the share price level and financial position. The repurchased shares may be used as investment for future growth strategies such as M&A. The program will expire on June 30, 2026. As of January 31, 2026, the company had 4,064,510 shares (excluding treasury shares) in issue and 270 shares in treasury. 공시 • Dec 12
Emimen Co., Ltd., Annual General Meeting, Jan 30, 2026 Emimen Co., Ltd., Annual General Meeting, Jan 30, 2026. 공시 • Oct 29
Emimen Co., Ltd. to Report Fiscal Year 2025 Results on Dec 12, 2025 Emimen Co., Ltd. announced that they will report fiscal year 2025 results on Dec 12, 2025 New Risk • Sep 16
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 8.4% 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 No financial data reported. Share price has been highly volatile over the past 3 months (8.4% average weekly change). Minor Risk Market cap is less than US$100m (JP¥4.71b market cap, or US$32.0m). 공시 • Jul 17
Emimen Co., Ltd. to Report Q3, 2025 Results on Sep 12, 2025 Emimen Co., Ltd. announced that they will report Q3, 2025 results on Sep 12, 2025 공시 • Apr 24
Emimen Co., Ltd. to Report Q2, 2025 Results on Jun 13, 2025 Emimen Co., Ltd. announced that they will report Q2, 2025 results on Jun 13, 2025 공시 • Jan 21
Emimen Co., Ltd. to Report Q1, 2025 Results on Mar 14, 2025 Emimen Co., Ltd. announced that they will report Q1, 2025 results on Mar 14, 2025 공시 • Dec 13
Emimen Co., Ltd., Annual General Meeting, Jan 30, 2025 Emimen Co., Ltd., Annual General Meeting, Jan 30, 2025. 공시 • Oct 29
Emimen Co., Ltd. to Report Fiscal Year 2024 Results on Dec 13, 2024 Emimen Co., Ltd. announced that they will report fiscal year 2024 results on Dec 13, 2024 공시 • Jul 24
Emimen Co., Ltd. to Report Q3, 2024 Results on Sep 13, 2024 Emimen Co., Ltd. announced that they will report Q3, 2024 results on Sep 13, 2024 공시 • Apr 28
Emimen Co., Ltd. to Report Q2, 2024 Results on Jun 14, 2024 Emimen Co., Ltd. announced that they will report Q2, 2024 results on Jun 14, 2024 공시 • Jan 26
Emimen Co., Ltd. to Report Q1, 2024 Results on Mar 14, 2024 Emimen Co., Ltd. announced that they will report Q1, 2024 results on Mar 14, 2024 공시 • Dec 16
Emimen Co., Ltd., Annual General Meeting, Jan 30, 2024 Emimen Co., Ltd., Annual General Meeting, Jan 30, 2024. 공시 • Nov 11
Emimen Co., Ltd. to Report Fiscal Year 2023 Results on Dec 14, 2023 Emimen Co., Ltd. announced that they will report fiscal year 2023 results on Dec 14, 2023 공시 • Oct 27
Emimen Co., Ltd. has completed an IPO in the amount of ¥533.2 million. Emimen Co., Ltd. has completed an IPO in the amount of ¥533.2 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 280,000
Price\Range: ¥1240
Discount Per Security: ¥99.2
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 150,000
Price\Range: ¥1240
Discount Per Security: ¥99.2
Transaction Features: ESOP Related Offering; Sponsor Backed Offering 
