GRANDES (3261) 주식 개요는 일본에서 주택과 콘도미니엄을 건설 및 판매하는 사업을 하고 있습니다. 자세히 보기3261 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적1/6재무 건전성3/6배당1/6위험 분석3.46%의 배당금은 수익이나 자유현금흐름으로 잘 충당되지 않습니다.지난 5년간 매년 수익이 1.8% 감소했습니다.이자 지급액이 수익으로 잘 충당되지 않음이익 마진 (0.3%)이 지난해 (4.9%)보다 낮습니다.+ 위험 1건 추가모든 위험 점검 보기3261 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥433.0015.6% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture05b2016201920222025202620282031Revenue JP¥5.4bEarnings JP¥15.2mAdvancedSet Fair ValueView all narrativesGRANDES, Inc. 경쟁사Makoto Construction CoLtdSymbol: TSE:8995Market cap: JP¥2.0bR. C. CoreSymbol: TSE:7837Market cap: JP¥1.2bNittohSymbol: NSE:1738Market cap: JP¥2.3bNissouLtdSymbol: TSE:1444Market cap: JP¥3.1b가격 이력 및 성과GRANDES 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥433.0052주 최고가JP¥1,215.0052주 최저가JP¥385.00베타0.131개월 변동-4.42%3개월 변동-10.54%1년 변동-61.92%3년 변동30.82%5년 변동1.41%IPO 이후 변동189.96%최근 뉴스 및 업데이트공시 • Jun 01GRANDES, Inc. to Report Q2, 2026 Results on Aug 10, 2026GRANDES, Inc. announced that they will report Q2, 2026 results on Aug 10, 2026New Risk • May 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.59b (US$9.98m) 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Market cap is less than US$10m (JP¥1.59b market cap, or US$9.98m). Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin).New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (JP¥1.86b market cap, or US$11.8m).Reported Earnings • May 09First quarter 2026 earnings released: JP¥3.66 loss per share (vs JP¥6.59 loss in 1Q 2025)First quarter 2026 results: JP¥3.66 loss per share (improved from JP¥6.59 loss in 1Q 2025). Revenue: JP¥596.0m (down 26% from 1Q 2025). Net loss: JP¥15.0m (loss narrowed 44% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • May 08GRANDES, Inc. to Report Q1, 2026 Results on May 08, 2026GRANDES, Inc. announced that they will report Q1, 2026 results on May 08, 2026Reported Earnings • Feb 11Full year 2025 earnings released: JP¥0.73 loss per share (vs JP¥69.43 profit in FY 2024)Full year 2025 results: JP¥0.73 loss per share (down from JP¥69.43 profit in FY 2024). Revenue: JP¥3.42b (down 19% from FY 2024). Net loss: JP¥3.00m (down 101% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year.더 많은 업데이트 보기Recent updates공시 • Jun 01GRANDES, Inc. to Report Q2, 2026 Results on Aug 10, 2026GRANDES, Inc. announced that they will report Q2, 2026 results on Aug 10, 2026New Risk • May 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.59b (US$9.98m) 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Market cap is less than US$10m (JP¥1.59b market cap, or US$9.98m). Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin).New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (JP¥1.86b market cap, or US$11.8m).Reported Earnings • May 09First quarter 2026 earnings released: JP¥3.66 loss per share (vs JP¥6.59 loss in 1Q 2025)First quarter 2026 results: JP¥3.66 loss per share (improved from JP¥6.59 loss in 1Q 2025). Revenue: JP¥596.0m (down 26% from 1Q 2025). Net loss: JP¥15.0m (loss narrowed 44% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • May 08GRANDES, Inc. to Report Q1, 2026 Results on May 08, 2026GRANDES, Inc. announced that they will report Q1, 2026 results on May 08, 2026Reported Earnings • Feb 11Full year 2025 earnings released: JP¥0.73 loss per share (vs JP¥69.43 profit in FY 2024)Full year 2025 results: JP¥0.73 loss per share (down from JP¥69.43 profit in FY 2024). Revenue: JP¥3.42b (down 19% from FY 2024). Net loss: JP¥3.00m (down 101% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year.공시 • Feb 10GRANDES, Inc., Annual General Meeting, Mar 26, 2026GRANDES, Inc., Annual General Meeting, Mar 26, 2026.분석 기사 • Dec 22Do GRANDES' (TSE:3261) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...New Risk • Dec 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% 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 (7.4% average weekly change). Market cap is less than US$100m (JP¥3.65b market cap, or US$23.2m).Valuation Update With 7 Day Price Move • Dec 22Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥891, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 153% over the past three years.공시 • Dec 03GRANDES, Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026GRANDES, Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: JP¥3.42 (vs JP¥10.29 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥3.42 (up from JP¥10.29 loss in 3Q 2024). Revenue: JP¥872.0m (up 17% from 3Q 2024). Net income: JP¥14.0m (up JP¥50.0m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 01GRANDES, Inc. to Report Q3, 2025 Results on Nov 10, 2025GRANDES, Inc. announced that they will report Q3, 2025 results on Nov 10, 2025Reported Earnings • Aug 10Second quarter 2025 earnings released: JP¥11.71 loss per share (vs JP¥0.86 profit in 2Q 2024)Second quarter 2025 results: JP¥11.71 loss per share (down from JP¥0.86 profit in 2Q 2024). Revenue: JP¥649.0m (down 24% from 2Q 2024). Net loss: JP¥48.0m (down JP¥51.0m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 5.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.2% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (JP¥4.49b market cap, or US$30.4m).분석 기사 • Jul 02Unpleasant Surprises Could Be In Store For GRANDES, Inc.'s (TSE:3261) SharesWith a price-to-earnings (or "P/E") ratio of 21x GRANDES, Inc. ( TSE:3261 ) may be sending very bearish signals at the...공시 • May 31GRANDES, Inc. to Report Q2, 2025 Results on Aug 08, 2025GRANDES, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025Reported Earnings • May 11First quarter 2025 earnings released: JP¥6.59 loss per share (vs JP¥8.00 profit in 1Q 2024)First quarter 2025 results: JP¥6.59 loss per share (down from JP¥8.00 profit in 1Q 2024). Revenue: JP¥800.0m (down 20% from 1Q 2024). Net loss: JP¥27.0m (down 196% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,057, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 214% over the past three years.공시 • Mar 01GRANDES, Inc. to Report Q1, 2025 Results on May 09, 2025GRANDES, Inc. announced that they will report Q1, 2025 results on May 09, 2025분석 기사 • Feb 17GRANDES' (TSE:3261) Profits May Not Reveal Underlying IssuesGRANDES, Inc.'s ( TSE:3261 ) robust recent earnings didn't do much to move the stock. We think this is due to investors...New Risk • Feb 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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: Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (JP¥4.40b market cap, or US$28.9m).Reported Earnings • Feb 12Full year 2024 earnings released: EPS: JP¥69.43 (vs JP¥50.86 in FY 2023)Full year 2024 results: EPS: JP¥69.43 (up from JP¥50.86 in FY 2023). Revenue: JP¥4.23b (down 8.1% from FY 2023). Net income: JP¥251.0m (up 41% from FY 2023). Profit margin: 5.9% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 10GRANDES, Inc., Annual General Meeting, Mar 27, 2025GRANDES, Inc., Annual General Meeting, Mar 27, 2025.공시 • Jan 06GRANDES, Inc. (TSE:3261) completed the acquisition of san-ai-home Inc. from ITbook Holdings Co.,Ltd. (TSE:1447)GRANDES, Inc. (TSE:3261) agreed to acquire san-ai-home Inc. from ITbook Holdings Co.,Ltd. (TSE:1447) for approximately ¥460 million on December 17, 2024. A cash consideration of ¥455 million will be paid by GRANDES, Inc. As part of consideration, ¥455 million is paid towards common equity of san-ai-home Inc. For the period ending March 31, 2024, san-ai-home Inc. reported total revenue of ¥689 million and net loss of ¥51 million. As of March 31, 2024, san-ai-home Inc. reported total assets of ¥1.49 billion and total common equity of ¥396 million. The expected completion of the transaction is January 6, 2025. GRANDES, Inc. (TSE:3261) completed the acquisition of san-ai-home Inc. from ITbook Holdings Co.,Ltd. (TSE:1447) on January 6, 2025.Upcoming Dividend • Dec 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.6%).공시 • Dec 03GRANDES, Inc. to Report Fiscal Year 2024 Results on Feb 10, 2025GRANDES, Inc. announced that they will report fiscal year 2024 results on Feb 10, 2025New Risk • Nov 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major 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 Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 9.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥8.62b market cap, or US$55.9m).Reported Earnings • Nov 11Third quarter 2024 earnings released: JP¥10.29 loss per share (vs JP¥37.14 profit in 3Q 2023)Third quarter 2024 results: JP¥10.29 loss per share (down from JP¥37.14 profit in 3Q 2023). Revenue: JP¥747.0m (down 29% from 3Q 2023). Net loss: JP¥36.0m (down 128% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 3.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 9.9% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥4.36b market cap, or US$28.6m).분석 기사 • Oct 01After Leaping 151% GRANDES, Inc. (TSE:3261) Shares Are Not Flying Under The RadarGRANDES, Inc. ( TSE:3261 ) shares have continued their recent momentum with a 151% gain in the last month alone. The...New Risk • Sep 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.7% 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 Earnings have declined by 8.5% per year over the past 5 years. High level of non-cash earnings (52% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (JP¥2.57b market cap, or US$17.8m).Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥634, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 62% over the past three years.공시 • Aug 27GRANDES, Inc. to Report Q3, 2024 Results on Nov 08, 2024GRANDES, Inc. announced that they will report Q3, 2024 results on Nov 08, 2024Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥587, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 50% over the past three years.New Risk • Aug 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 52% 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 Earnings have declined by 8.5% per year over the past 5 years. High level of non-cash earnings (52% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥2.00b market cap, or US$13.6m).분석 기사 • Aug 17Further Upside For GRANDES, Inc. (TSE:3261) Shares Could Introduce Price Risks After 26% BounceDespite an already strong run, GRANDES, Inc. ( TSE:3261 ) shares have been powering on, with a gain of 26% in the last...분석 기사 • Aug 06Investors Could Be Concerned With GRANDES' (TSE:3261) Returns On CapitalIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...공시 • Jun 02GRANDES, Inc. to Report Q2, 2024 Results on Aug 09, 2024GRANDES, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 13First quarter 2024 earnings released: EPS: JP¥8.00 (vs JP¥20.57 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥8.00 (up from JP¥20.57 loss in 1Q 2023). Revenue: JP¥1.00b (up 13% from 1Q 2023). Net income: JP¥28.0m (up JP¥100.0m from 1Q 2023). Profit margin: 2.8% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥482, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 36% over the past three years.분석 기사 • Apr 07We Think Shareholders Should Be Aware Of Some Factors Beyond GRANDES' (TSE:3261) ProfitGRANDES, Inc.'s ( TSE:3261 ) stock rose after it released a robust earnings report. Despite the strong profit numbers...공시 • Feb 28GRANDES, Inc. to Report Q1, 2024 Results on May 10, 2024GRANDES, Inc. announced that they will report Q1, 2024 results on May 10, 2024New Risk • Feb 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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 Share price has been highly volatile over the past 3 months (7.9% average weekly change). Earnings have declined by 23% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Market cap is less than US$10m (JP¥1.37b market cap, or US$9.09m). Minor Risk Paying a dividend despite having no free cash flows.공시 • Feb 11GRANDES, Inc., Annual General Meeting, Mar 28, 2024GRANDES, Inc., Annual General Meeting, Mar 28, 2024.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: JP¥50.86 (vs JP¥18.57 in FY 2022)Full year 2023 results: EPS: JP¥50.86 (up from JP¥18.57 in FY 2022). Revenue: JP¥4.60b (up 73% from FY 2022). Net income: JP¥178.0m (up 174% from FY 2022). Profit margin: 3.9% (up from 2.4% in FY 2022). 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 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Dec 21Upcoming dividend of JP¥10.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%).공시 • Dec 05GRANDES, Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024GRANDES, Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: JP¥37.14 (vs JP¥2.00 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.14 (up from JP¥2.00 loss in 3Q 2022). Revenue: JP¥1.06b (up 233% from 3Q 2022). Net income: JP¥130.0m (up JP¥137.0m from 3Q 2022). Profit margin: 12% (up from net loss in 3Q 2022). 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 4% per year, which means it is well ahead of earnings.공시 • Aug 30GRANDES, Inc. to Report Q3, 2023 Results on Nov 10, 2023GRANDES, Inc. announced that they will report Q3, 2023 results on Nov 10, 2023Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: JP¥13.43 (vs JP¥10.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥13.43 (up from JP¥10.00 in 2Q 2022). Revenue: JP¥1.59b (up 165% from 2Q 2022). Net income: JP¥47.0m (up 34% from 2Q 2022). Profit margin: 2.9% (down from 5.8% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • May 28GRANDES, Inc. to Report Q2, 2023 Results on Aug 10, 2023GRANDES, Inc. announced that they will report Q2, 2023 results on Aug 10, 2023Reported Earnings • May 12First quarter 2023 earnings released: JP¥20.57 loss per share (vs JP¥3.14 loss in 1Q 2022)First quarter 2023 results: JP¥20.57 loss per share (further deteriorated from JP¥3.14 loss in 1Q 2022). Revenue: JP¥888.0m (up 260% from 1Q 2022). Net loss: JP¥72.0m (loss widened JP¥61.0m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥18.57 (vs JP¥50.54 in FY 2021)Full year 2022 results: EPS: JP¥18.57 (down from JP¥50.54 in FY 2021). Revenue: JP¥2.66b (down 5.2% from FY 2021). Net income: JP¥65.0m (down 64% from FY 2021). Profit margin: 2.4% (down from 6.5% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • Feb 12GRANDES, Inc., Annual General Meeting, Mar 30, 2023GRANDES, Inc., Annual General Meeting, Mar 30, 2023.Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).공시 • Dec 06GRANDES, Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023GRANDES, Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). External Director Eriko Sakai was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: JP¥2.00 loss per share (vs JP¥10.54 profit in 3Q 2021)Third quarter 2022 results: JP¥2.00 loss per share (down from JP¥10.54 profit in 3Q 2021). Revenue: JP¥317.0m (down 44% from 3Q 2021). Net loss: JP¥7.00m (down 118% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • Aug 28GRANDES, Inc. to Report Q3, 2022 Results on Nov 10, 2022GRANDES, Inc. announced that they will report Q3, 2022 results on Nov 10, 2022Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: JP¥10.00 (vs JP¥23.64 in 2Q 2021)Second quarter 2022 results: EPS: JP¥10.00 (down from JP¥23.64 in 2Q 2021). Revenue: JP¥601.0m (down 49% from 2Q 2021). Net income: JP¥35.0m (down 59% from 2Q 2021). Profit margin: 5.8% (down from 7.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • May 30GRANDES, Inc. to Report Q2, 2022 Results on Aug 10, 2022GRANDES, Inc. announced that they will report Q2, 2022 results on Aug 10, 2022Reported Earnings • May 11First quarter 2022 earnings released: JP¥3.14 loss per share (vs JP¥2.75 loss in 1Q 2021)First quarter 2022 results: JP¥3.14 loss per share (down from JP¥2.75 loss in 1Q 2021). Revenue: JP¥247.0m (down 3.1% from 1Q 2021). Net loss: JP¥11.0m (loss widened 10.0% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). External Director Eriko Sakai was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공시 • Feb 27GRANDES, Inc. to Report Q1, 2022 Results on May 10, 2022GRANDES, Inc. announced that they will report Q1, 2022 results on May 10, 2022공시 • Feb 12GRANDES, Inc., Annual General Meeting, Mar 24, 2022GRANDES, Inc., Annual General Meeting, Mar 24, 2022.Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS JP¥10.54 (vs JP¥4.67 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥568.0m (up 61% from 3Q 2020). Net income: JP¥38.0m (up 124% from 3Q 2020). Profit margin: 6.7% (up from 4.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Jun 15GRANDES, Inc. (TSE:3261) announces an Equity Buyback for 200,000 shares, representing 5.5% for ¥100 million.GRANDES, Inc. (TSE:3261) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 5.5% of the outstanding shares for ¥100 million. The purpose of the program is to enhance capital efficiency, improve shareholder returns and implement a flexible capital policy in response to changes in the business environment. The program will run until December 27, 2021. As of December 31, 2020, the company had 3,637,874 shares outstanding and 37 shares in treasury.Reported Earnings • May 12First quarter 2021 earnings released: JP¥2.75 loss per share (vs JP¥4.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: JP¥255.0m (down 18% from 1Q 2020). Net loss: JP¥10.0m (loss narrowed 33% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥23.09 (vs JP¥66.42 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.77b (down 32% from FY 2019). Net income: JP¥84.0m (down 67% from FY 2019). Profit margin: 4.7% (down from 9.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Mar 21GRANDES, Inc. to Report Q1, 2021 Results on May 10, 2021GRANDES, Inc. announced that they will report Q1, 2021 results on May 10, 2021Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥23.09 (vs JP¥66.42 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.77b (down 32% from FY 2019). Net income: JP¥84.0m (down 67% from FY 2019). Profit margin: 4.7% (down from 9.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Feb 12GRANDES, Inc., Annual General Meeting, Mar 25, 2021GRANDES, Inc., Annual General Meeting, Mar 25, 2021.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥453, the stock is trading at a trailing P/E ratio of 30x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 12x in the Consumer Durables industry in Japan. Total returns to shareholders over the past three years are 16%.Is New 90 Day High Low • Feb 02New 90-day high: JP¥453The company is up 8.0% from its price of JP¥421 on 04 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 20% over the same period.공시 • Aug 30GRANDES, Inc. to Report Q3, 2020 Results on Nov 12, 2020GRANDES, Inc. announced that they will report Q3, 2020 results on Nov 12, 2020주주 수익률3261JP Consumer DurablesJP 시장7D12.2%-1.1%-1.0%1Y-61.9%12.5%39.9%전체 주주 수익률 보기수익률 대 산업: 3261은 지난 1년 동안 12.5%의 수익을 기록한 JP Consumer Durables 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 3261은 지난 1년 동안 39.9%를 기록한 JP 시장보다 저조한 성과를 냈습니다.주가 변동성Is 3261's price volatile compared to industry and market?3261 volatility3261 Average Weekly Movement4.0%Consumer Durables Industry Average Movement3.9%Market Average Movement4.7%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.4%안정적인 주가: 3261는 지난 3개월 동안 JP 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 3261의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트200660Hiroshi Kameiwww.grandes.jp는 일본에서 주택과 콘도미니엄을 건설하고 판매하는 사업을 하고 있습니다. 아파트 판매, 건설 계약, 건설 및 부동산 컨설팅 서비스를 제공합니다. 는 2006년에 설립되었으며 일본 오이타에 본사를 두고 있습니다.더 보기GRANDES, Inc. 기초 지표 요약GRANDES의 순이익과 매출은 시가총액과 어떻게 비교됩니까?3261 기초 통계시가총액JP¥1.78b순이익 (TTM)JP¥9.00m매출 (TTM)JP¥3.21b197.3x주가수익비율(P/E)0.6x주가매출비율(P/S)3261는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표3261 손익계산서 (TTM)매출JP¥3.21b매출원가JP¥2.51b총이익JP¥705.00m기타 비용JP¥696.00m순이익JP¥9.00m최근 보고된 실적Mar 31, 2026다음 실적 발표일Aug 10, 2026주당순이익(EPS)2.20총이익률21.95%순이익률0.28%부채/자본 비율86.8%3261의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당3.5%현재 배당 수익률683%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/09 06:47종가2026/06/09 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스GRANDES, Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Jun 01GRANDES, Inc. to Report Q2, 2026 Results on Aug 10, 2026GRANDES, Inc. announced that they will report Q2, 2026 results on Aug 10, 2026
New Risk • May 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.59b (US$9.98m) 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Market cap is less than US$10m (JP¥1.59b market cap, or US$9.98m). Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin).
New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (JP¥1.86b market cap, or US$11.8m).
Reported Earnings • May 09First quarter 2026 earnings released: JP¥3.66 loss per share (vs JP¥6.59 loss in 1Q 2025)First quarter 2026 results: JP¥3.66 loss per share (improved from JP¥6.59 loss in 1Q 2025). Revenue: JP¥596.0m (down 26% from 1Q 2025). Net loss: JP¥15.0m (loss narrowed 44% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • May 08GRANDES, Inc. to Report Q1, 2026 Results on May 08, 2026GRANDES, Inc. announced that they will report Q1, 2026 results on May 08, 2026
Reported Earnings • Feb 11Full year 2025 earnings released: JP¥0.73 loss per share (vs JP¥69.43 profit in FY 2024)Full year 2025 results: JP¥0.73 loss per share (down from JP¥69.43 profit in FY 2024). Revenue: JP¥3.42b (down 19% from FY 2024). Net loss: JP¥3.00m (down 101% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year.
공시 • Jun 01GRANDES, Inc. to Report Q2, 2026 Results on Aug 10, 2026GRANDES, Inc. announced that they will report Q2, 2026 results on Aug 10, 2026
New Risk • May 28New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.59b (US$9.98m) 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Market cap is less than US$10m (JP¥1.59b market cap, or US$9.98m). Minor Risk Profit margins are more than 30% lower than last year (0.3% net profit margin).
New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 6x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (JP¥1.86b market cap, or US$11.8m).
Reported Earnings • May 09First quarter 2026 earnings released: JP¥3.66 loss per share (vs JP¥6.59 loss in 1Q 2025)First quarter 2026 results: JP¥3.66 loss per share (improved from JP¥6.59 loss in 1Q 2025). Revenue: JP¥596.0m (down 26% from 1Q 2025). Net loss: JP¥15.0m (loss narrowed 44% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • May 08GRANDES, Inc. to Report Q1, 2026 Results on May 08, 2026GRANDES, Inc. announced that they will report Q1, 2026 results on May 08, 2026
Reported Earnings • Feb 11Full year 2025 earnings released: JP¥0.73 loss per share (vs JP¥69.43 profit in FY 2024)Full year 2025 results: JP¥0.73 loss per share (down from JP¥69.43 profit in FY 2024). Revenue: JP¥3.42b (down 19% from FY 2024). Net loss: JP¥3.00m (down 101% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year.
공시 • Feb 10GRANDES, Inc., Annual General Meeting, Mar 26, 2026GRANDES, Inc., Annual General Meeting, Mar 26, 2026.
분석 기사 • Dec 22Do GRANDES' (TSE:3261) Earnings Warrant Your Attention?Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
New Risk • Dec 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% 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 (7.4% average weekly change). Market cap is less than US$100m (JP¥3.65b market cap, or US$23.2m).
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to JP¥891, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 153% over the past three years.
공시 • Dec 03GRANDES, Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026GRANDES, Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: JP¥3.42 (vs JP¥10.29 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥3.42 (up from JP¥10.29 loss in 3Q 2024). Revenue: JP¥872.0m (up 17% from 3Q 2024). Net income: JP¥14.0m (up JP¥50.0m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 01GRANDES, Inc. to Report Q3, 2025 Results on Nov 10, 2025GRANDES, Inc. announced that they will report Q3, 2025 results on Nov 10, 2025
Reported Earnings • Aug 10Second quarter 2025 earnings released: JP¥11.71 loss per share (vs JP¥0.86 profit in 2Q 2024)Second quarter 2025 results: JP¥11.71 loss per share (down from JP¥0.86 profit in 2Q 2024). Revenue: JP¥649.0m (down 24% from 2Q 2024). Net loss: JP¥48.0m (down JP¥51.0m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 5.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.2% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (JP¥4.49b market cap, or US$30.4m).
분석 기사 • Jul 02Unpleasant Surprises Could Be In Store For GRANDES, Inc.'s (TSE:3261) SharesWith a price-to-earnings (or "P/E") ratio of 21x GRANDES, Inc. ( TSE:3261 ) may be sending very bearish signals at the...
공시 • May 31GRANDES, Inc. to Report Q2, 2025 Results on Aug 08, 2025GRANDES, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025
Reported Earnings • May 11First quarter 2025 earnings released: JP¥6.59 loss per share (vs JP¥8.00 profit in 1Q 2024)First quarter 2025 results: JP¥6.59 loss per share (down from JP¥8.00 profit in 1Q 2024). Revenue: JP¥800.0m (down 20% from 1Q 2024). Net loss: JP¥27.0m (down 196% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥1,057, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 214% over the past three years.
공시 • Mar 01GRANDES, Inc. to Report Q1, 2025 Results on May 09, 2025GRANDES, Inc. announced that they will report Q1, 2025 results on May 09, 2025
분석 기사 • Feb 17GRANDES' (TSE:3261) Profits May Not Reveal Underlying IssuesGRANDES, Inc.'s ( TSE:3261 ) robust recent earnings didn't do much to move the stock. We think this is due to investors...
New Risk • Feb 15New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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: Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (JP¥4.40b market cap, or US$28.9m).
Reported Earnings • Feb 12Full year 2024 earnings released: EPS: JP¥69.43 (vs JP¥50.86 in FY 2023)Full year 2024 results: EPS: JP¥69.43 (up from JP¥50.86 in FY 2023). Revenue: JP¥4.23b (down 8.1% from FY 2023). Net income: JP¥251.0m (up 41% from FY 2023). Profit margin: 5.9% (up from 3.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 10GRANDES, Inc., Annual General Meeting, Mar 27, 2025GRANDES, Inc., Annual General Meeting, Mar 27, 2025.
공시 • Jan 06GRANDES, Inc. (TSE:3261) completed the acquisition of san-ai-home Inc. from ITbook Holdings Co.,Ltd. (TSE:1447)GRANDES, Inc. (TSE:3261) agreed to acquire san-ai-home Inc. from ITbook Holdings Co.,Ltd. (TSE:1447) for approximately ¥460 million on December 17, 2024. A cash consideration of ¥455 million will be paid by GRANDES, Inc. As part of consideration, ¥455 million is paid towards common equity of san-ai-home Inc. For the period ending March 31, 2024, san-ai-home Inc. reported total revenue of ¥689 million and net loss of ¥51 million. As of March 31, 2024, san-ai-home Inc. reported total assets of ¥1.49 billion and total common equity of ¥396 million. The expected completion of the transaction is January 6, 2025. GRANDES, Inc. (TSE:3261) completed the acquisition of san-ai-home Inc. from ITbook Holdings Co.,Ltd. (TSE:1447) on January 6, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.6%).
공시 • Dec 03GRANDES, Inc. to Report Fiscal Year 2024 Results on Feb 10, 2025GRANDES, Inc. announced that they will report fiscal year 2024 results on Feb 10, 2025
New Risk • Nov 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major 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 Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 9.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥8.62b market cap, or US$55.9m).
Reported Earnings • Nov 11Third quarter 2024 earnings released: JP¥10.29 loss per share (vs JP¥37.14 profit in 3Q 2023)Third quarter 2024 results: JP¥10.29 loss per share (down from JP¥37.14 profit in 3Q 2023). Revenue: JP¥747.0m (down 29% from 3Q 2023). Net loss: JP¥36.0m (down 128% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.9% Last year net profit margin: 3.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 9.9% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (JP¥4.36b market cap, or US$28.6m).
분석 기사 • Oct 01After Leaping 151% GRANDES, Inc. (TSE:3261) Shares Are Not Flying Under The RadarGRANDES, Inc. ( TSE:3261 ) shares have continued their recent momentum with a 151% gain in the last month alone. The...
New Risk • Sep 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.7% 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 Earnings have declined by 8.5% per year over the past 5 years. High level of non-cash earnings (52% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (JP¥2.57b market cap, or US$17.8m).
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥634, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 62% over the past three years.
공시 • Aug 27GRANDES, Inc. to Report Q3, 2024 Results on Nov 08, 2024GRANDES, Inc. announced that they will report Q3, 2024 results on Nov 08, 2024
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥587, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Consumer Durables industry in Japan. Total returns to shareholders of 50% over the past three years.
New Risk • Aug 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 52% 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 Earnings have declined by 8.5% per year over the past 5 years. High level of non-cash earnings (52% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥2.00b market cap, or US$13.6m).
분석 기사 • Aug 17Further Upside For GRANDES, Inc. (TSE:3261) Shares Could Introduce Price Risks After 26% BounceDespite an already strong run, GRANDES, Inc. ( TSE:3261 ) shares have been powering on, with a gain of 26% in the last...
분석 기사 • Aug 06Investors Could Be Concerned With GRANDES' (TSE:3261) Returns On CapitalIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
공시 • Jun 02GRANDES, Inc. to Report Q2, 2024 Results on Aug 09, 2024GRANDES, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 13First quarter 2024 earnings released: EPS: JP¥8.00 (vs JP¥20.57 loss in 1Q 2023)First quarter 2024 results: EPS: JP¥8.00 (up from JP¥20.57 loss in 1Q 2023). Revenue: JP¥1.00b (up 13% from 1Q 2023). Net income: JP¥28.0m (up JP¥100.0m from 1Q 2023). Profit margin: 2.8% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 4% per year.
Valuation Update With 7 Day Price Move • May 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to JP¥482, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total returns to shareholders of 36% over the past three years.
분석 기사 • Apr 07We Think Shareholders Should Be Aware Of Some Factors Beyond GRANDES' (TSE:3261) ProfitGRANDES, Inc.'s ( TSE:3261 ) stock rose after it released a robust earnings report. Despite the strong profit numbers...
공시 • Feb 28GRANDES, Inc. to Report Q1, 2024 Results on May 10, 2024GRANDES, Inc. announced that they will report Q1, 2024 results on May 10, 2024
New Risk • Feb 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% 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 Share price has been highly volatile over the past 3 months (7.9% average weekly change). Earnings have declined by 23% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Market cap is less than US$10m (JP¥1.37b market cap, or US$9.09m). Minor Risk Paying a dividend despite having no free cash flows.
공시 • Feb 11GRANDES, Inc., Annual General Meeting, Mar 28, 2024GRANDES, Inc., Annual General Meeting, Mar 28, 2024.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: JP¥50.86 (vs JP¥18.57 in FY 2022)Full year 2023 results: EPS: JP¥50.86 (up from JP¥18.57 in FY 2022). Revenue: JP¥4.60b (up 73% from FY 2022). Net income: JP¥178.0m (up 174% from FY 2022). Profit margin: 3.9% (up from 2.4% in FY 2022). 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 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Dec 21Upcoming dividend of JP¥10.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%).
공시 • Dec 05GRANDES, Inc. to Report Fiscal Year 2023 Results on Feb 09, 2024GRANDES, Inc. announced that they will report fiscal year 2023 results on Feb 09, 2024
Reported Earnings • Nov 12Third quarter 2023 earnings released: EPS: JP¥37.14 (vs JP¥2.00 loss in 3Q 2022)Third quarter 2023 results: EPS: JP¥37.14 (up from JP¥2.00 loss in 3Q 2022). Revenue: JP¥1.06b (up 233% from 3Q 2022). Net income: JP¥130.0m (up JP¥137.0m from 3Q 2022). Profit margin: 12% (up from net loss in 3Q 2022). 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 4% per year, which means it is well ahead of earnings.
공시 • Aug 30GRANDES, Inc. to Report Q3, 2023 Results on Nov 10, 2023GRANDES, Inc. announced that they will report Q3, 2023 results on Nov 10, 2023
Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: JP¥13.43 (vs JP¥10.00 in 2Q 2022)Second quarter 2023 results: EPS: JP¥13.43 (up from JP¥10.00 in 2Q 2022). Revenue: JP¥1.59b (up 165% from 2Q 2022). Net income: JP¥47.0m (up 34% from 2Q 2022). Profit margin: 2.9% (down from 5.8% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • May 28GRANDES, Inc. to Report Q2, 2023 Results on Aug 10, 2023GRANDES, Inc. announced that they will report Q2, 2023 results on Aug 10, 2023
Reported Earnings • May 12First quarter 2023 earnings released: JP¥20.57 loss per share (vs JP¥3.14 loss in 1Q 2022)First quarter 2023 results: JP¥20.57 loss per share (further deteriorated from JP¥3.14 loss in 1Q 2022). Revenue: JP¥888.0m (up 260% from 1Q 2022). Net loss: JP¥72.0m (loss widened JP¥61.0m from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: JP¥18.57 (vs JP¥50.54 in FY 2021)Full year 2022 results: EPS: JP¥18.57 (down from JP¥50.54 in FY 2021). Revenue: JP¥2.66b (down 5.2% from FY 2021). Net income: JP¥65.0m (down 64% from FY 2021). Profit margin: 2.4% (down from 6.5% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • Feb 12GRANDES, Inc., Annual General Meeting, Mar 30, 2023GRANDES, Inc., Annual General Meeting, Mar 30, 2023.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 27 March 2023. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%).
공시 • Dec 06GRANDES, Inc. to Report Fiscal Year 2022 Results on Feb 10, 2023GRANDES, Inc. announced that they will report fiscal year 2022 results on Feb 10, 2023
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). External Director Eriko Sakai was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: JP¥2.00 loss per share (vs JP¥10.54 profit in 3Q 2021)Third quarter 2022 results: JP¥2.00 loss per share (down from JP¥10.54 profit in 3Q 2021). Revenue: JP¥317.0m (down 44% from 3Q 2021). Net loss: JP¥7.00m (down 118% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • Aug 28GRANDES, Inc. to Report Q3, 2022 Results on Nov 10, 2022GRANDES, Inc. announced that they will report Q3, 2022 results on Nov 10, 2022
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: JP¥10.00 (vs JP¥23.64 in 2Q 2021)Second quarter 2022 results: EPS: JP¥10.00 (down from JP¥23.64 in 2Q 2021). Revenue: JP¥601.0m (down 49% from 2Q 2021). Net income: JP¥35.0m (down 59% from 2Q 2021). Profit margin: 5.8% (down from 7.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • May 30GRANDES, Inc. to Report Q2, 2022 Results on Aug 10, 2022GRANDES, Inc. announced that they will report Q2, 2022 results on Aug 10, 2022
Reported Earnings • May 11First quarter 2022 earnings released: JP¥3.14 loss per share (vs JP¥2.75 loss in 1Q 2021)First quarter 2022 results: JP¥3.14 loss per share (down from JP¥2.75 loss in 1Q 2021). Revenue: JP¥247.0m (down 3.1% from 1Q 2021). Net loss: JP¥11.0m (loss widened 10.0% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). External Director Eriko Sakai was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공시 • Feb 27GRANDES, Inc. to Report Q1, 2022 Results on May 10, 2022GRANDES, Inc. announced that they will report Q1, 2022 results on May 10, 2022
공시 • Feb 12GRANDES, Inc., Annual General Meeting, Mar 24, 2022GRANDES, Inc., Annual General Meeting, Mar 24, 2022.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS JP¥10.54 (vs JP¥4.67 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥568.0m (up 61% from 3Q 2020). Net income: JP¥38.0m (up 124% from 3Q 2020). Profit margin: 6.7% (up from 4.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Jun 15GRANDES, Inc. (TSE:3261) announces an Equity Buyback for 200,000 shares, representing 5.5% for ¥100 million.GRANDES, Inc. (TSE:3261) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 5.5% of the outstanding shares for ¥100 million. The purpose of the program is to enhance capital efficiency, improve shareholder returns and implement a flexible capital policy in response to changes in the business environment. The program will run until December 27, 2021. As of December 31, 2020, the company had 3,637,874 shares outstanding and 37 shares in treasury.
Reported Earnings • May 12First quarter 2021 earnings released: JP¥2.75 loss per share (vs JP¥4.12 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: JP¥255.0m (down 18% from 1Q 2020). Net loss: JP¥10.0m (loss narrowed 33% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS JP¥23.09 (vs JP¥66.42 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.77b (down 32% from FY 2019). Net income: JP¥84.0m (down 67% from FY 2019). Profit margin: 4.7% (down from 9.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Mar 21GRANDES, Inc. to Report Q1, 2021 Results on May 10, 2021GRANDES, Inc. announced that they will report Q1, 2021 results on May 10, 2021
Reported Earnings • Feb 14Full year 2020 earnings released: EPS JP¥23.09 (vs JP¥66.42 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥1.77b (down 32% from FY 2019). Net income: JP¥84.0m (down 67% from FY 2019). Profit margin: 4.7% (down from 9.7% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Feb 12GRANDES, Inc., Annual General Meeting, Mar 25, 2021GRANDES, Inc., Annual General Meeting, Mar 25, 2021.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥453, the stock is trading at a trailing P/E ratio of 30x, up from the previous P/E ratio of 24.4x. This compares to an average P/E of 12x in the Consumer Durables industry in Japan. Total returns to shareholders over the past three years are 16%.
Is New 90 Day High Low • Feb 02New 90-day high: JP¥453The company is up 8.0% from its price of JP¥421 on 04 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 20% over the same period.
공시 • Aug 30GRANDES, Inc. to Report Q3, 2020 Results on Nov 12, 2020GRANDES, Inc. announced that they will report Q3, 2020 results on Nov 12, 2020
