View Future GrowthTear 과거 순이익 실적과거 기준 점검 2/6Tear은 연평균 12.5%의 비율로 수입이 증가해 온 반면, Consumer Services 산업은 수입이 18% 증가했습니다. 매출은 연평균 14.7%의 비율로 증가했습니다. Tear의 자기자본이익률은 4.3%이고 순이익률은 1.8%입니다.핵심 정보12.55%순이익 성장률12.43%주당순이익(EPS) 성장률Consumer Services 산업 성장률10.16%매출 성장률14.70%자기자본이익률4.32%순이익률1.83%다음 순이익 업데이트13 Aug 2026최근 과거 실적 업데이트Reported Earnings • May 19Second quarter 2026 earnings released: EPS: JP¥12.93 (vs JP¥27.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥12.93 (down from JP¥27.99 in 2Q 2025). Revenue: JP¥5.65b (down 8.3% from 2Q 2025). Net income: JP¥291.0m (down 54% from 2Q 2025). Profit margin: 5.1% (down from 10% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • May 09+ 1 more updateTear Corporation to Report Q3, 2026 Results on Aug 13, 2026Tear Corporation announced that they will report Q3, 2026 results on Aug 13, 2026Reported Earnings • Feb 14First quarter 2026 earnings released: EPS: JP¥10.04 (vs JP¥17.20 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.04 (down from JP¥17.20 in 1Q 2025). Revenue: JP¥5.77b (up 6.3% from 1Q 2025). Net income: JP¥226.0m (down 42% from 1Q 2025). Profit margin: 3.9% (down from 7.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 25Full year 2025 earnings released: EPS: JP¥39.59 (vs JP¥33.42 in FY 2024)Full year 2025 results: EPS: JP¥39.59 (up from JP¥33.42 in FY 2024). Revenue: JP¥21.6b (up 14% from FY 2024). Net income: JP¥891.0m (up 19% from FY 2024). Profit margin: 4.1% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 20The Strong Earnings Posted By Tear (TSE:2485) Are A Good Indication Of The Strength Of The BusinessEven though Tear Corporation's ( TSE:2485 ) recent earnings release was robust, the market didn't seem to notice. Our...공시 • Nov 19Tear Corporation to Report Q1, 2026 Results on Feb 12, 2026Tear Corporation announced that they will report Q1, 2026 results on Feb 12, 2026모든 업데이트 보기Recent updatesReported Earnings • May 19Second quarter 2026 earnings released: EPS: JP¥12.93 (vs JP¥27.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥12.93 (down from JP¥27.99 in 2Q 2025). Revenue: JP¥5.65b (down 8.3% from 2Q 2025). Net income: JP¥291.0m (down 54% from 2Q 2025). Profit margin: 5.1% (down from 10% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공시 • May 09+ 1 more updateTear Corporation to Report Q3, 2026 Results on Aug 13, 2026Tear Corporation announced that they will report Q3, 2026 results on Aug 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).Reported Earnings • Feb 14First quarter 2026 earnings released: EPS: JP¥10.04 (vs JP¥17.20 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.04 (down from JP¥17.20 in 1Q 2025). Revenue: JP¥5.77b (up 6.3% from 1Q 2025). Net income: JP¥226.0m (down 42% from 1Q 2025). Profit margin: 3.9% (down from 7.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 25Full year 2025 earnings released: EPS: JP¥39.59 (vs JP¥33.42 in FY 2024)Full year 2025 results: EPS: JP¥39.59 (up from JP¥33.42 in FY 2024). Revenue: JP¥21.6b (up 14% from FY 2024). Net income: JP¥891.0m (up 19% from FY 2024). Profit margin: 4.1% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 20The Strong Earnings Posted By Tear (TSE:2485) Are A Good Indication Of The Strength Of The BusinessEven though Tear Corporation's ( TSE:2485 ) recent earnings release was robust, the market didn't seem to notice. Our...공시 • Nov 19Tear Corporation to Report Q1, 2026 Results on Feb 12, 2026Tear Corporation announced that they will report Q1, 2026 results on Feb 12, 2026Reported Earnings • Nov 17Full year 2025 earnings released: EPS: JP¥39.59 (vs JP¥33.42 in FY 2024)Full year 2025 results: EPS: JP¥39.59 (up from JP¥33.42 in FY 2024). Revenue: JP¥21.6b (up 14% from FY 2024). Net income: JP¥891.0m (up 19% from FY 2024). Profit margin: 4.1% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Nov 13Tear Corporation, Annual General Meeting, Dec 19, 2025Tear Corporation, Annual General Meeting, Dec 19, 2025.Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).공시 • Sep 18Tear Corporation to Report Fiscal Year 2025 Results on Nov 13, 2025Tear Corporation announced that they will report fiscal year 2025 results on Nov 13, 2025Reported Earnings • Aug 15Third quarter 2025 earnings released: EPS: JP¥5.07 (vs JP¥6.93 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.07 (down from JP¥6.93 in 3Q 2024). Revenue: JP¥5.17b (up 8.4% from 3Q 2024). Net income: JP¥114.0m (down 27% from 3Q 2024). Profit margin: 2.2% (down from 3.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19Second quarter 2025 earnings released: EPS: JP¥27.99 (vs JP¥16.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥27.99 (up from JP¥16.40 in 2Q 2024). Revenue: JP¥6.16b (up 15% from 2Q 2024). Net income: JP¥630.0m (up 71% from 2Q 2024). Profit margin: 10% (up from 6.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • May 03Tear Corporation to Report Q3, 2025 Results on Aug 13, 2025Tear Corporation announced that they will report Q3, 2025 results on Aug 13, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 03 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).Reported Earnings • Feb 15First quarter 2025 earnings released: EPS: JP¥17.20 (vs JP¥6.53 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.20 (up from JP¥6.53 in 1Q 2024). Revenue: JP¥5.43b (up 43% from 1Q 2024). Net income: JP¥387.0m (up 163% from 1Q 2024). Profit margin: 7.1% (up from 3.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Feb 03Tear Corporation to Report Q2, 2025 Results on May 14, 2025Tear Corporation announced that they will report Q2, 2025 results on May 14, 2025공시 • Dec 19Tear Corporation to Report Q1, 2025 Results on Feb 13, 2025Tear Corporation announced that they will report Q1, 2025 results on Feb 13, 2025공시 • Nov 14Tear Corporation, Annual General Meeting, Dec 20, 2024Tear Corporation, Annual General Meeting, Dec 20, 2024.Upcoming Dividend • Sep 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).공시 • Aug 29Tear Corporation to Report Fiscal Year 2024 Results on Nov 14, 2024Tear Corporation announced that they will report fiscal year 2024 results on Nov 14, 2024Reported Earnings • Aug 18Third quarter 2024 earnings released: EPS: JP¥6.93 (vs JP¥8.31 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.93 (down from JP¥8.31 in 3Q 2023). Revenue: JP¥4.77b (up 43% from 3Q 2023). Net income: JP¥156.0m (down 17% from 3Q 2023). Profit margin: 3.3% (down from 5.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.분석 기사 • Aug 06Tear Corporation's (TSE:2485) Subdued P/E Might Signal An OpportunityWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...Reported Earnings • May 20Second quarter 2024 earnings released: EPS: JP¥16.40 (vs JP¥12.56 in 2Q 2023)Second quarter 2024 results: EPS: JP¥16.40 (up from JP¥12.56 in 2Q 2023). Revenue: JP¥5.35b (up 45% from 2Q 2023). Net income: JP¥369.0m (up 31% from 2Q 2023). Profit margin: 6.9% (down from 7.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).공시 • Feb 25Tear Corporation to Report Q2, 2024 Results on May 15, 2024Tear Corporation announced that they will report Q2, 2024 results on May 15, 2024Reported Earnings • Feb 16First quarter 2024 earnings released: EPS: JP¥6.53 (vs JP¥11.65 in 1Q 2023)First quarter 2024 results: EPS: JP¥6.53 (down from JP¥11.65 in 1Q 2023). Revenue: JP¥3.79b (up 4.6% from 1Q 2023). Net income: JP¥147.0m (down 44% from 1Q 2023). Profit margin: 3.9% (down from 7.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 28Full year 2023 earnings released: EPS: JP¥35.13 (vs JP¥25.35 in FY 2022)Full year 2023 results: EPS: JP¥35.13 (up from JP¥25.35 in FY 2022). Revenue: JP¥14.1b (up 5.9% from FY 2022). Net income: JP¥789.0m (up 39% from FY 2022). Profit margin: 5.6% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Dec 07Tear Corporation to Report Q1, 2024 Results on Feb 08, 2024Tear Corporation announced that they will report Q1, 2024 results on Feb 08, 2024공시 • Nov 22Tear Corporation (TSE:2485) completed the acquisition of Hakkoden Co., Ltd. and Tokai Tenrei, K.K. from NSSK 2 Investment L.P. and Nssk II (Intl) Investment L.P. managed by Nippon Sangyo Suishin Kiko Ltd., NSSK Maples 2017 L.P. PineBee Co., Ltd and Yasutaka MatsumuraTear Corporation (TSE:2485) agreed to acquire Hakkoden Co., Ltd. and Tokai Tenrei, K.K. from NSSK 2 Investment L.P. and Nssk II (Intl) Investment L.P. managed by Nippon Sangyo Suishin Kiko Ltd., NSSK Maples 2017 L.P. PineBee Co., Ltd and Yasutaka Matsumura for ¥7.2 billion on October 24, 2023. Transaction is expected to complete on November 20, 2023. Tear Corporation (TSE:2485) completed the acquisition of Hakkoden Co., Ltd. and Tokai Tenrei, K.K. from NSSK 2 Investment L.P. and Nssk II (Intl) Investment L.P. managed by Nippon Sangyo Suishin Kiko Ltd., NSSK Maples 2017 L.P. PineBee Co., Ltd and Yasutaka Matsumura on November 20, 2023.공시 • Nov 13Tear Corporation, Annual General Meeting, Dec 22, 2023Tear Corporation, Annual General Meeting, Dec 22, 2023.Reported Earnings • Nov 11Full year 2023 earnings released: EPS: JP¥35.13 (vs JP¥25.35 in FY 2022)Full year 2023 results: EPS: JP¥35.13 (up from JP¥25.35 in FY 2022). Revenue: JP¥14.1b (up 5.9% from FY 2022). Net income: JP¥789.0m (up 39% from FY 2022). Profit margin: 5.6% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • Sep 22Tear Corporation to Report Fiscal Year 2023 Results on Nov 10, 2023Tear Corporation announced that they will report fiscal year 2023 results on Nov 10, 2023Upcoming Dividend • Sep 21Upcoming dividend of JP¥10.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.6%).Reported Earnings • Aug 10Third quarter 2023 earnings released: EPS: JP¥8.31 (vs JP¥6.83 in 3Q 2022)Third quarter 2023 results: EPS: JP¥8.31 (up from JP¥6.83 in 3Q 2022). Revenue: JP¥3.35b (up 7.6% from 3Q 2022). Net income: JP¥187.0m (up 22% from 3Q 2022). Profit margin: 5.6% (up from 4.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Jun 24Tear Corporation to Report Q3, 2023 Results on Aug 09, 2023Tear Corporation announced that they will report Q3, 2023 results on Aug 09, 2023Reported Earnings • May 13Second quarter 2023 earnings released: EPS: JP¥12.56 (vs JP¥15.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.56 (down from JP¥15.27 in 2Q 2022). Revenue: JP¥3.69b (up 3.8% from 2Q 2022). Net income: JP¥282.0m (down 18% from 2Q 2022). Profit margin: 7.6% (down from 9.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 4.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 01 June 2023. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).Reported Earnings • Feb 12First quarter 2023 earnings released: EPS: JP¥11.65 (vs JP¥10.89 in 1Q 2022)First quarter 2023 results: EPS: JP¥11.65 (up from JP¥10.89 in 1Q 2022). Revenue: JP¥3.63b (up 8.6% from 1Q 2022). Net income: JP¥261.0m (up 7.0% from 1Q 2022). Profit margin: 7.2% (down from 7.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • Dec 28Full year 2022 earnings released: EPS: JP¥25.35 (vs JP¥24.19 in FY 2021)Full year 2022 results: EPS: JP¥25.35 (up from JP¥24.19 in FY 2021). Revenue: JP¥13.3b (up 8.9% from FY 2021). Net income: JP¥568.0m (up 4.8% from FY 2021). Profit margin: 4.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.공시 • Dec 23Tear Corporation to Report Q1, 2023 Results on Feb 09, 2023Tear Corporation announced that they will report Q1, 2023 results on Feb 09, 2023Reported Earnings • Nov 16Full year 2022 earnings released: EPS: JP¥25.35 (vs JP¥24.19 in FY 2021)Full year 2022 results: EPS: JP¥25.35 (up from JP¥24.19 in FY 2021). Revenue: JP¥13.3b (up 8.9% from FY 2021). Net income: JP¥568.0m (up 4.8% from FY 2021). Profit margin: 4.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Zenryo Mori was the last independent 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: Minority of independent directors. Insufficient board refreshment.공시 • Nov 13Tear Corporation, Annual General Meeting, Dec 23, 2022Tear Corporation, Annual General Meeting, Dec 23, 2022.Reported Earnings • Nov 13Full year 2022 earnings released: EPS: JP¥25.35 (vs JP¥24.19 in FY 2021)Full year 2022 results: EPS: JP¥25.35 (up from JP¥24.19 in FY 2021). Revenue: JP¥13.3b (up 8.9% from FY 2021). Net income: JP¥568.0m (up 4.8% from FY 2021). Profit margin: 4.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.Buying Opportunity • Sep 30Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.3%. The fair value is estimated to be JP¥532, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 12%.공시 • Sep 25Tear Corporation to Report Q4, 2022 Results on Nov 11, 2022Tear Corporation announced that they will report Q4, 2022 results on Nov 11, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.5%).Reported Earnings • Aug 11Third quarter 2022 earnings released: EPS: JP¥6.83 (vs JP¥3.62 in 3Q 2021)Third quarter 2022 results: EPS: JP¥6.83 (up from JP¥3.62 in 3Q 2021). Revenue: JP¥3.11b (up 7.8% from 3Q 2021). Net income: JP¥153.0m (up 89% from 3Q 2021). Profit margin: 4.9% (up from 2.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.Reported Earnings • May 16Second quarter 2022 earnings released: EPS: JP¥15.27 (vs JP¥9.51 in 2Q 2021)Second quarter 2022 results: EPS: JP¥15.27 (up from JP¥9.51 in 2Q 2021). Revenue: JP¥3.56b (up 13% from 2Q 2021). Net income: JP¥342.0m (up 61% from 2Q 2021). Profit margin: 9.6% (up from 6.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Zenryo Mori was the last independent 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: Minority of independent directors. Insufficient board refreshment.공시 • Apr 07Tear Corporation to Report Q2, 2022 Results on May 12, 2022Tear Corporation announced that they will report Q2, 2022 results on May 12, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 01 June 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.2%).Reported Earnings • Feb 09First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥10.89 (down from JP¥12.32 in 1Q 2021). Revenue: JP¥3.34b (up 3.0% from 1Q 2021). Net income: JP¥244.0m (down 12% from 1Q 2021). Profit margin: 7.3% (down from 8.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Reported Earnings • Dec 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥24.19 (up from JP¥15.40 in FY 2020). Revenue: JP¥12.2b (up 2.4% from FY 2020). Net income: JP¥542.0m (up 57% from FY 2020). Profit margin: 4.4% (up from 2.9% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Dec 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥24.19 (up from JP¥15.40 in FY 2020). Revenue: JP¥12.2b (up 2.4% from FY 2020). Net income: JP¥542.0m (up 57% from FY 2020). Profit margin: 4.4% (up from 2.9% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 16Full year 2021 earnings released: EPS JP¥24.19 (vs JP¥15.40 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.2b (up 2.4% from FY 2020). Net income: JP¥542.0m (up 57% from FY 2020). Profit margin: 4.4% (up from 2.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).Reported Earnings • Aug 15Third quarter 2021 earnings released: EPS JP¥3.62 (vs JP¥5.67 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.89b (up 17% from 3Q 2020). Net income: JP¥81.0m (up JP¥208.0m from 3Q 2020). Profit margin: 2.8% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • May 14Second quarter 2021 earnings released: EPS JP¥9.51 (vs JP¥10.85 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.15b (down 4.5% from 2Q 2020). Net income: JP¥213.0m (down 12% from 2Q 2020). Profit margin: 6.8% (down from 7.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 01 June 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%).Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥529, the stock is trading at a trailing P/E ratio of 32.9x, up from the previous P/E ratio of 28.3x. This compares to an average P/E of 24x in the Consumer Services industry in Japan. Total return to shareholders over the past three years is a loss of 45%.Is New 90 Day High Low • Feb 20New 90-day high: JP¥489The company is up 18% from its price of JP¥414 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 1.0% over the same period.Reported Earnings • Feb 11First quarter 2021 earnings released: EPS JP¥12.32 (vs JP¥11.65 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: JP¥3.24b (down 4.1% from 1Q 2020). Net income: JP¥276.0m (up 5.7% from 1Q 2020). Profit margin: 8.5% (up from 7.7% in 1Q 2020). The increase in margin was driven by lower expenses.Is New 90 Day High Low • Feb 03New 90-day high: JP¥423The company is up 5.0% from its price of JP¥402 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 3.0% over the same period.Is New 90 Day High Low • Jan 18New 90-day high: JP¥420The company is up 5.0% from its price of JP¥399 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 11% over the same period.공시 • Sep 19Tear Corporation to Report Fiscal Year 2020 Results on Nov 11, 2020Tear Corporation announced that they will report fiscal year 2020 results on Nov 11, 2020매출 및 비용 세부 내역Tear가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:2485 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 2621,3963916,828031 Dec 2521,9067306,696030 Sep 2521,5638916,511030 Jun 2521,6871,2116,412031 Mar 2521,2861,2536,229031 Dec 2420,4739926,235030 Sep 2418,8397525,998030 Jun 2417,3147315,684031 Mar 2415,8907625,301031 Dec 2314,2366754,852030 Sep 2314,0687894,634030 Jun 2313,9435594,585031 Mar 2313,7075254,475031 Dec 2213,5715854,320030 Sep 2213,2835684,198030 Jun 2212,9397113,995031 Mar 2212,7146393,950031 Dec 2112,3015103,900030 Sep 2112,2035423,864030 Jun 2112,0445383,858031 Mar 2111,6333303,850031 Dec 2011,7823603,920030 Sep 2011,9193453,960030 Jun 2012,2123914,035031 Mar 2012,7586244,091031 Dec 1912,8907444,010030 Sep 1912,7797913,905030 Jun 1912,7788883,797031 Mar 1912,6809753,657031 Dec 1812,5589403,601030 Sep 1812,3118963,516030 Jun 1811,8928253,340030 Sep 1711,3528013,1010양질의 수익: 2485는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 2485의 현재 순 이익률 (1.8%)은 지난해 (5.9%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 2485의 수익은 지난 5년 동안 연평균 12.5% 증가했습니다.성장 가속화: 2485은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: 2485은 지난 1년 동안 수익이 감소(-68.8%)하여 Consumer Services 업계 평균(16%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: 2485의 자본 수익률(4.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-services 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 12:00종가2026/05/22 00:00수익2026/03/31연간 수익2025/09/30데이터 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 소스Tear Corporation는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Seiichiro SamejimaIchiyoshi Research Institute Inc.Michihiro AshiyaMizuho Securities Co., Ltd.Yusuke MiuraTokai Tokyo Intelligence Laboratory Co., Ltd.
Reported Earnings • May 19Second quarter 2026 earnings released: EPS: JP¥12.93 (vs JP¥27.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥12.93 (down from JP¥27.99 in 2Q 2025). Revenue: JP¥5.65b (down 8.3% from 2Q 2025). Net income: JP¥291.0m (down 54% from 2Q 2025). Profit margin: 5.1% (down from 10% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • May 09+ 1 more updateTear Corporation to Report Q3, 2026 Results on Aug 13, 2026Tear Corporation announced that they will report Q3, 2026 results on Aug 13, 2026
Reported Earnings • Feb 14First quarter 2026 earnings released: EPS: JP¥10.04 (vs JP¥17.20 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.04 (down from JP¥17.20 in 1Q 2025). Revenue: JP¥5.77b (up 6.3% from 1Q 2025). Net income: JP¥226.0m (down 42% from 1Q 2025). Profit margin: 3.9% (down from 7.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 25Full year 2025 earnings released: EPS: JP¥39.59 (vs JP¥33.42 in FY 2024)Full year 2025 results: EPS: JP¥39.59 (up from JP¥33.42 in FY 2024). Revenue: JP¥21.6b (up 14% from FY 2024). Net income: JP¥891.0m (up 19% from FY 2024). Profit margin: 4.1% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 20The Strong Earnings Posted By Tear (TSE:2485) Are A Good Indication Of The Strength Of The BusinessEven though Tear Corporation's ( TSE:2485 ) recent earnings release was robust, the market didn't seem to notice. Our...
공시 • Nov 19Tear Corporation to Report Q1, 2026 Results on Feb 12, 2026Tear Corporation announced that they will report Q1, 2026 results on Feb 12, 2026
Reported Earnings • May 19Second quarter 2026 earnings released: EPS: JP¥12.93 (vs JP¥27.99 in 2Q 2025)Second quarter 2026 results: EPS: JP¥12.93 (down from JP¥27.99 in 2Q 2025). Revenue: JP¥5.65b (down 8.3% from 2Q 2025). Net income: JP¥291.0m (down 54% from 2Q 2025). Profit margin: 5.1% (down from 10% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공시 • May 09+ 1 more updateTear Corporation to Report Q3, 2026 Results on Aug 13, 2026Tear Corporation announced that they will report Q3, 2026 results on Aug 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 02 June 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).
Reported Earnings • Feb 14First quarter 2026 earnings released: EPS: JP¥10.04 (vs JP¥17.20 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.04 (down from JP¥17.20 in 1Q 2025). Revenue: JP¥5.77b (up 6.3% from 1Q 2025). Net income: JP¥226.0m (down 42% from 1Q 2025). Profit margin: 3.9% (down from 7.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 25Full year 2025 earnings released: EPS: JP¥39.59 (vs JP¥33.42 in FY 2024)Full year 2025 results: EPS: JP¥39.59 (up from JP¥33.42 in FY 2024). Revenue: JP¥21.6b (up 14% from FY 2024). Net income: JP¥891.0m (up 19% from FY 2024). Profit margin: 4.1% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 20The Strong Earnings Posted By Tear (TSE:2485) Are A Good Indication Of The Strength Of The BusinessEven though Tear Corporation's ( TSE:2485 ) recent earnings release was robust, the market didn't seem to notice. Our...
공시 • Nov 19Tear Corporation to Report Q1, 2026 Results on Feb 12, 2026Tear Corporation announced that they will report Q1, 2026 results on Feb 12, 2026
Reported Earnings • Nov 17Full year 2025 earnings released: EPS: JP¥39.59 (vs JP¥33.42 in FY 2024)Full year 2025 results: EPS: JP¥39.59 (up from JP¥33.42 in FY 2024). Revenue: JP¥21.6b (up 14% from FY 2024). Net income: JP¥891.0m (up 19% from FY 2024). Profit margin: 4.1% (up from 4.0% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Nov 13Tear Corporation, Annual General Meeting, Dec 19, 2025Tear Corporation, Annual General Meeting, Dec 19, 2025.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).
공시 • Sep 18Tear Corporation to Report Fiscal Year 2025 Results on Nov 13, 2025Tear Corporation announced that they will report fiscal year 2025 results on Nov 13, 2025
Reported Earnings • Aug 15Third quarter 2025 earnings released: EPS: JP¥5.07 (vs JP¥6.93 in 3Q 2024)Third quarter 2025 results: EPS: JP¥5.07 (down from JP¥6.93 in 3Q 2024). Revenue: JP¥5.17b (up 8.4% from 3Q 2024). Net income: JP¥114.0m (down 27% from 3Q 2024). Profit margin: 2.2% (down from 3.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19Second quarter 2025 earnings released: EPS: JP¥27.99 (vs JP¥16.40 in 2Q 2024)Second quarter 2025 results: EPS: JP¥27.99 (up from JP¥16.40 in 2Q 2024). Revenue: JP¥6.16b (up 15% from 2Q 2024). Net income: JP¥630.0m (up 71% from 2Q 2024). Profit margin: 10% (up from 6.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • May 03Tear Corporation to Report Q3, 2025 Results on Aug 13, 2025Tear Corporation announced that they will report Q3, 2025 results on Aug 13, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 03 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
Reported Earnings • Feb 15First quarter 2025 earnings released: EPS: JP¥17.20 (vs JP¥6.53 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.20 (up from JP¥6.53 in 1Q 2024). Revenue: JP¥5.43b (up 43% from 1Q 2024). Net income: JP¥387.0m (up 163% from 1Q 2024). Profit margin: 7.1% (up from 3.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Feb 03Tear Corporation to Report Q2, 2025 Results on May 14, 2025Tear Corporation announced that they will report Q2, 2025 results on May 14, 2025
공시 • Dec 19Tear Corporation to Report Q1, 2025 Results on Feb 13, 2025Tear Corporation announced that they will report Q1, 2025 results on Feb 13, 2025
공시 • Nov 14Tear Corporation, Annual General Meeting, Dec 20, 2024Tear Corporation, Annual General Meeting, Dec 20, 2024.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%).
공시 • Aug 29Tear Corporation to Report Fiscal Year 2024 Results on Nov 14, 2024Tear Corporation announced that they will report fiscal year 2024 results on Nov 14, 2024
Reported Earnings • Aug 18Third quarter 2024 earnings released: EPS: JP¥6.93 (vs JP¥8.31 in 3Q 2023)Third quarter 2024 results: EPS: JP¥6.93 (down from JP¥8.31 in 3Q 2023). Revenue: JP¥4.77b (up 43% from 3Q 2023). Net income: JP¥156.0m (down 17% from 3Q 2023). Profit margin: 3.3% (down from 5.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
분석 기사 • Aug 06Tear Corporation's (TSE:2485) Subdued P/E Might Signal An OpportunityWith a median price-to-earnings (or "P/E") ratio of close to 13x in Japan, you could be forgiven for feeling...
Reported Earnings • May 20Second quarter 2024 earnings released: EPS: JP¥16.40 (vs JP¥12.56 in 2Q 2023)Second quarter 2024 results: EPS: JP¥16.40 (up from JP¥12.56 in 2Q 2023). Revenue: JP¥5.35b (up 45% from 2Q 2023). Net income: JP¥369.0m (up 31% from 2Q 2023). Profit margin: 6.9% (down from 7.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
공시 • Feb 25Tear Corporation to Report Q2, 2024 Results on May 15, 2024Tear Corporation announced that they will report Q2, 2024 results on May 15, 2024
Reported Earnings • Feb 16First quarter 2024 earnings released: EPS: JP¥6.53 (vs JP¥11.65 in 1Q 2023)First quarter 2024 results: EPS: JP¥6.53 (down from JP¥11.65 in 1Q 2023). Revenue: JP¥3.79b (up 4.6% from 1Q 2023). Net income: JP¥147.0m (down 44% from 1Q 2023). Profit margin: 3.9% (down from 7.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 28Full year 2023 earnings released: EPS: JP¥35.13 (vs JP¥25.35 in FY 2022)Full year 2023 results: EPS: JP¥35.13 (up from JP¥25.35 in FY 2022). Revenue: JP¥14.1b (up 5.9% from FY 2022). Net income: JP¥789.0m (up 39% from FY 2022). Profit margin: 5.6% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Dec 07Tear Corporation to Report Q1, 2024 Results on Feb 08, 2024Tear Corporation announced that they will report Q1, 2024 results on Feb 08, 2024
공시 • Nov 22Tear Corporation (TSE:2485) completed the acquisition of Hakkoden Co., Ltd. and Tokai Tenrei, K.K. from NSSK 2 Investment L.P. and Nssk II (Intl) Investment L.P. managed by Nippon Sangyo Suishin Kiko Ltd., NSSK Maples 2017 L.P. PineBee Co., Ltd and Yasutaka MatsumuraTear Corporation (TSE:2485) agreed to acquire Hakkoden Co., Ltd. and Tokai Tenrei, K.K. from NSSK 2 Investment L.P. and Nssk II (Intl) Investment L.P. managed by Nippon Sangyo Suishin Kiko Ltd., NSSK Maples 2017 L.P. PineBee Co., Ltd and Yasutaka Matsumura for ¥7.2 billion on October 24, 2023. Transaction is expected to complete on November 20, 2023. Tear Corporation (TSE:2485) completed the acquisition of Hakkoden Co., Ltd. and Tokai Tenrei, K.K. from NSSK 2 Investment L.P. and Nssk II (Intl) Investment L.P. managed by Nippon Sangyo Suishin Kiko Ltd., NSSK Maples 2017 L.P. PineBee Co., Ltd and Yasutaka Matsumura on November 20, 2023.
공시 • Nov 13Tear Corporation, Annual General Meeting, Dec 22, 2023Tear Corporation, Annual General Meeting, Dec 22, 2023.
Reported Earnings • Nov 11Full year 2023 earnings released: EPS: JP¥35.13 (vs JP¥25.35 in FY 2022)Full year 2023 results: EPS: JP¥35.13 (up from JP¥25.35 in FY 2022). Revenue: JP¥14.1b (up 5.9% from FY 2022). Net income: JP¥789.0m (up 39% from FY 2022). Profit margin: 5.6% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • Sep 22Tear Corporation to Report Fiscal Year 2023 Results on Nov 10, 2023Tear Corporation announced that they will report fiscal year 2023 results on Nov 10, 2023
Upcoming Dividend • Sep 21Upcoming dividend of JP¥10.00 per share at 4.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.6%).
Reported Earnings • Aug 10Third quarter 2023 earnings released: EPS: JP¥8.31 (vs JP¥6.83 in 3Q 2022)Third quarter 2023 results: EPS: JP¥8.31 (up from JP¥6.83 in 3Q 2022). Revenue: JP¥3.35b (up 7.6% from 3Q 2022). Net income: JP¥187.0m (up 22% from 3Q 2022). Profit margin: 5.6% (up from 4.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Jun 24Tear Corporation to Report Q3, 2023 Results on Aug 09, 2023Tear Corporation announced that they will report Q3, 2023 results on Aug 09, 2023
Reported Earnings • May 13Second quarter 2023 earnings released: EPS: JP¥12.56 (vs JP¥15.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.56 (down from JP¥15.27 in 2Q 2022). Revenue: JP¥3.69b (up 3.8% from 2Q 2022). Net income: JP¥282.0m (down 18% from 2Q 2022). Profit margin: 7.6% (down from 9.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per share at 4.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 01 June 2023. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%).
Reported Earnings • Feb 12First quarter 2023 earnings released: EPS: JP¥11.65 (vs JP¥10.89 in 1Q 2022)First quarter 2023 results: EPS: JP¥11.65 (up from JP¥10.89 in 1Q 2022). Revenue: JP¥3.63b (up 8.6% from 1Q 2022). Net income: JP¥261.0m (up 7.0% from 1Q 2022). Profit margin: 7.2% (down from 7.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • Dec 28Full year 2022 earnings released: EPS: JP¥25.35 (vs JP¥24.19 in FY 2021)Full year 2022 results: EPS: JP¥25.35 (up from JP¥24.19 in FY 2021). Revenue: JP¥13.3b (up 8.9% from FY 2021). Net income: JP¥568.0m (up 4.8% from FY 2021). Profit margin: 4.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
공시 • Dec 23Tear Corporation to Report Q1, 2023 Results on Feb 09, 2023Tear Corporation announced that they will report Q1, 2023 results on Feb 09, 2023
Reported Earnings • Nov 16Full year 2022 earnings released: EPS: JP¥25.35 (vs JP¥24.19 in FY 2021)Full year 2022 results: EPS: JP¥25.35 (up from JP¥24.19 in FY 2021). Revenue: JP¥13.3b (up 8.9% from FY 2021). Net income: JP¥568.0m (up 4.8% from FY 2021). Profit margin: 4.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Zenryo Mori was the last independent 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: Minority of independent directors. Insufficient board refreshment.
공시 • Nov 13Tear Corporation, Annual General Meeting, Dec 23, 2022Tear Corporation, Annual General Meeting, Dec 23, 2022.
Reported Earnings • Nov 13Full year 2022 earnings released: EPS: JP¥25.35 (vs JP¥24.19 in FY 2021)Full year 2022 results: EPS: JP¥25.35 (up from JP¥24.19 in FY 2021). Revenue: JP¥13.3b (up 8.9% from FY 2021). Net income: JP¥568.0m (up 4.8% from FY 2021). Profit margin: 4.3% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings.
Buying Opportunity • Sep 30Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 2.3%. The fair value is estimated to be JP¥532, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 12%.
공시 • Sep 25Tear Corporation to Report Q4, 2022 Results on Nov 11, 2022Tear Corporation announced that they will report Q4, 2022 results on Nov 11, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.5%).
Reported Earnings • Aug 11Third quarter 2022 earnings released: EPS: JP¥6.83 (vs JP¥3.62 in 3Q 2021)Third quarter 2022 results: EPS: JP¥6.83 (up from JP¥3.62 in 3Q 2021). Revenue: JP¥3.11b (up 7.8% from 3Q 2021). Net income: JP¥153.0m (up 89% from 3Q 2021). Profit margin: 4.9% (up from 2.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 11% per year.
Reported Earnings • May 16Second quarter 2022 earnings released: EPS: JP¥15.27 (vs JP¥9.51 in 2Q 2021)Second quarter 2022 results: EPS: JP¥15.27 (up from JP¥9.51 in 2Q 2021). Revenue: JP¥3.56b (up 13% from 2Q 2021). Net income: JP¥342.0m (up 61% from 2Q 2021). Profit margin: 9.6% (up from 6.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Outside Director Zenryo Mori was the last independent 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: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 07Tear Corporation to Report Q2, 2022 Results on May 12, 2022Tear Corporation announced that they will report Q2, 2022 results on May 12, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 01 June 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.6%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.2%).
Reported Earnings • Feb 09First quarter 2022 earnings: Revenues and EPS in line with analyst expectationsFirst quarter 2022 results: EPS: JP¥10.89 (down from JP¥12.32 in 1Q 2021). Revenue: JP¥3.34b (up 3.0% from 1Q 2021). Net income: JP¥244.0m (down 12% from 1Q 2021). Profit margin: 7.3% (down from 8.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Reported Earnings • Dec 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥24.19 (up from JP¥15.40 in FY 2020). Revenue: JP¥12.2b (up 2.4% from FY 2020). Net income: JP¥542.0m (up 57% from FY 2020). Profit margin: 4.4% (up from 2.9% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Dec 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: JP¥24.19 (up from JP¥15.40 in FY 2020). Revenue: JP¥12.2b (up 2.4% from FY 2020). Net income: JP¥542.0m (up 57% from FY 2020). Profit margin: 4.4% (up from 2.9% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 16Full year 2021 earnings released: EPS JP¥24.19 (vs JP¥15.40 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.2b (up 2.4% from FY 2020). Net income: JP¥542.0m (up 57% from FY 2020). Profit margin: 4.4% (up from 2.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).
Reported Earnings • Aug 15Third quarter 2021 earnings released: EPS JP¥3.62 (vs JP¥5.67 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.89b (up 17% from 3Q 2020). Net income: JP¥81.0m (up JP¥208.0m from 3Q 2020). Profit margin: 2.8% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 14Second quarter 2021 earnings released: EPS JP¥9.51 (vs JP¥10.85 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.15b (down 4.5% from 2Q 2020). Net income: JP¥213.0m (down 12% from 2Q 2020). Profit margin: 6.8% (down from 7.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 01 June 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.9%).
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to JP¥529, the stock is trading at a trailing P/E ratio of 32.9x, up from the previous P/E ratio of 28.3x. This compares to an average P/E of 24x in the Consumer Services industry in Japan. Total return to shareholders over the past three years is a loss of 45%.
Is New 90 Day High Low • Feb 20New 90-day high: JP¥489The company is up 18% from its price of JP¥414 on 20 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 1.0% over the same period.
Reported Earnings • Feb 11First quarter 2021 earnings released: EPS JP¥12.32 (vs JP¥11.65 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: JP¥3.24b (down 4.1% from 1Q 2020). Net income: JP¥276.0m (up 5.7% from 1Q 2020). Profit margin: 8.5% (up from 7.7% in 1Q 2020). The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Feb 03New 90-day high: JP¥423The company is up 5.0% from its price of JP¥402 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Jan 18New 90-day high: JP¥420The company is up 5.0% from its price of JP¥399 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 11% over the same period.
공시 • Sep 19Tear Corporation to Report Fiscal Year 2020 Results on Nov 11, 2020Tear Corporation announced that they will report fiscal year 2020 results on Nov 11, 2020