Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥37.53 (vs JP¥149 in FY 2025) Full year 2026 results: EPS: JP¥37.53 (down from JP¥149 in FY 2025). Revenue: JP¥34.5b (up 8.0% from FY 2025). Net income: JP¥235.0m (down 75% from FY 2025). Profit margin: 0.7% (down from 2.9% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. 공시 • May 14
WDI Corporation, Annual General Meeting, Jun 26, 2026 WDI Corporation, Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (0.9%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥57.62 (vs JP¥76.90 in 3Q 2025) Third quarter 2026 results: EPS: JP¥57.62 (down from JP¥76.90 in 3Q 2025). Revenue: JP¥9.35b (up 14% from 3Q 2025). Net income: JP¥361.0m (down 25% from 3Q 2025). Profit margin: 3.9% (down from 5.9% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. 공시 • Dec 02
WDI Corporation to Report Q3, 2026 Results on Feb 12, 2026 WDI Corporation announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: JP¥51.57 loss per share (vs JP¥33.91 profit in 2Q 2025) Second quarter 2026 results: JP¥51.57 loss per share (down from JP¥33.91 profit in 2Q 2025). Revenue: JP¥8.03b (up 2.6% from 2Q 2025). Net loss: JP¥323.0m (down 252% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. 공시 • Sep 03
WDI Corporation to Report Q2, 2026 Results on Nov 12, 2025 WDI Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: JP¥7.36 (vs JP¥131 in 1Q 2025) First quarter 2026 results: EPS: JP¥7.36 (down from JP¥131 in 1Q 2025). Revenue: JP¥8.17b (up 2.5% from 1Q 2025). Net income: JP¥46.0m (down 94% from 1Q 2025). Profit margin: 0.6% (down from 10% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. 공시 • Jul 06
WDI Corporation to Report Q1, 2026 Results on Aug 12, 2025 WDI Corporation announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥149 (vs JP¥168 in FY 2024) Full year 2025 results: EPS: JP¥149 (down from JP¥168 in FY 2024). Revenue: JP¥32.0b (up 3.2% from FY 2024). Net income: JP¥930.0m (down 12% from FY 2024). Profit margin: 2.9% (down from 3.4% in FY 2024). 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 20% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 14
WDI Corporation, Annual General Meeting, Jun 26, 2025 WDI Corporation, Annual General Meeting, Jun 26, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 5.4% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (0.8%). 공시 • Mar 01
WDI Corporation to Report Fiscal Year 2025 Results on May 14, 2025 WDI Corporation announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥76.90 (vs JP¥12.65 in 3Q 2024) Third quarter 2025 results: EPS: JP¥76.90 (up from JP¥12.65 in 3Q 2024). Revenue: JP¥8.21b (flat on 3Q 2024). Net income: JP¥481.0m (up JP¥402.0m from 3Q 2024). Profit margin: 5.9% (up from 1.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. 공시 • Dec 17
WDI Corporation to Report Q3, 2025 Results on Feb 12, 2025 WDI Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥33.91 (vs JP¥17.08 in 2Q 2024) Second quarter 2025 results: EPS: JP¥33.91 (up from JP¥17.08 in 2Q 2024). Revenue: JP¥7.83b (up 4.2% from 2Q 2024). Net income: JP¥212.0m (up 98% from 2Q 2024). Profit margin: 2.7% (up from 1.4% in 2Q 2024). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. 공시 • Aug 29
WDI Corporation to Report Q2, 2025 Results on Nov 12, 2024 WDI Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥131 (vs JP¥104 in 1Q 2024) First quarter 2025 results: EPS: JP¥131 (up from JP¥104 in 1Q 2024). Revenue: JP¥7.97b (up 10% from 1Q 2024). Net income: JP¥819.0m (up 25% from 1Q 2024). Profit margin: 10% (up from 9.1% in 1Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,710, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 74% over the past three years. 공시 • Jun 28
WDI Corporation to Report Q1, 2025 Results on Aug 09, 2024 WDI Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 05
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 9.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.2% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥168 (vs JP¥149 in FY 2023) Full year 2024 results: EPS: JP¥168 (up from JP¥149 in FY 2023). Revenue: JP¥31.0b (up 18% from FY 2023). Net income: JP¥1.05b (up 12% from FY 2023). Profit margin: 3.4% (down from 3.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. 공시 • May 16
WDI Corporation, Annual General Meeting, Jun 25, 2024 WDI Corporation, Annual General Meeting, Jun 25, 2024. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥3,270, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 30x in the Hospitality industry in Japan. Total returns to shareholders of 117% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 7.9% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (0.6%). 공시 • Mar 02
WDI Corporation to Report Q4, 2024 Results on May 14, 2024 WDI Corporation announced that they will report Q4, 2024 results on May 14, 2024 Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥12.65 (vs JP¥21.81 in 3Q 2023) Third quarter 2024 results: EPS: JP¥12.65 (down from JP¥21.81 in 3Q 2023). Revenue: JP¥8.25b (up 14% from 3Q 2023). Net income: JP¥79.0m (down 42% from 3Q 2023). Profit margin: 1.0% (down from 1.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Nov 26
WDI Corporation to Report Q3, 2024 Results on Feb 09, 2024 WDI Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥17.08 (vs JP¥53.49 in 2Q 2023) Second quarter 2024 results: EPS: JP¥17.08 (down from JP¥53.49 in 2Q 2023). Revenue: JP¥7.51b (up 23% from 2Q 2023). Net income: JP¥107.0m (down 68% from 2Q 2023). Profit margin: 1.4% (down from 5.5% in 2Q 2023). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. 공시 • Sep 28
WDI Corporation to Report Q2, 2024 Results on Nov 10, 2023 WDI Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 12
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 7.6% 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 Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.5% net profit margin). Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: JP¥104 (vs JP¥55.62 in 1Q 2023) First quarter 2024 results: EPS: JP¥104 (up from JP¥55.62 in 1Q 2023). Revenue: JP¥7.22b (up 23% from 1Q 2023). Net income: JP¥656.0m (up 87% from 1Q 2023). Profit margin: 9.1% (up from 6.0% in 1Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. New Risk • Jun 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.2% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.7b market cap, or US$98.4m). 공시 • May 28
WDI Corporation to Report Q1, 2024 Results on Aug 09, 2023 WDI Corporation announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥149 (vs JP¥115 in FY 2022) Full year 2023 results: EPS: JP¥149 (up from JP¥115 in FY 2022). Revenue: JP¥26.2b (up 37% from FY 2022). Net income: JP¥940.0m (up 30% from FY 2022). Profit margin: 3.6% (down from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. 공시 • May 14
WDI Corporation, Annual General Meeting, Jun 27, 2023 WDI Corporation, Annual General Meeting, Jun 27, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 7.0% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (0.5%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥21.81 (vs JP¥156 in 3Q 2022) Third quarter 2023 results: EPS: JP¥21.81 (down from JP¥156 in 3Q 2022). Revenue: JP¥7.25b (up 16% from 3Q 2022). Net income: JP¥137.0m (down 86% from 3Q 2022). Profit margin: 1.9% (down from 16% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 공시 • Dec 14
WDI Corporation to Report Q3, 2023 Results on Feb 10, 2023 WDI Corporation announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥53.49 (vs JP¥60.65 in 2Q 2022) Second quarter 2023 results: EPS: JP¥53.49 (down from JP¥60.65 in 2Q 2022). Revenue: JP¥6.09b (up 40% from 2Q 2022). Net income: JP¥336.0m (down 13% from 2Q 2022). Profit margin: 5.5% (down from 8.8% in 2Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent External Director Iwao Nakatani was the last independent director to join the board, commencing their role in 2003. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥53.49 (vs JP¥60.65 in 2Q 2022) Second quarter 2023 results: EPS: JP¥53.49 (down from JP¥60.65 in 2Q 2022). Revenue: JP¥6.09b (up 40% from 2Q 2022). Net income: JP¥336.0m (down 13% from 2Q 2022). Profit margin: 5.5% (down from 8.8% in 2Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. 공시 • Aug 28
WDI Corporation to Report Q2, 2023 Results on Nov 10, 2022 WDI Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: JP¥55.62 (vs JP¥86.24 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥55.62 (up from JP¥86.24 loss in 1Q 2022). Revenue: JP¥5.85b (up 64% from 1Q 2022). Net income: JP¥351.0m (up JP¥897.0m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). Over the next year, revenue is forecast to grow 14%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. 공시 • Jul 06
WDI Corporation to Report Q1, 2023 Results on Aug 09, 2022 WDI Corporation announced that they will report Q1, 2023 results on Aug 09, 2022 공시 • May 25
WDI Corporation (TSE:3068) announces an Equity Buyback for 50,000 shares, representing 0.79% for ¥100 million. WDI Corporation (TSE:3068) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.79% of its share capital, for ¥100 million. The purpose of the program is to flexibly implement capital policies in response to changes in the business environment. The program will expire on May 25, 2022. As of March 31, 2022, the company had 6,331,920 shares in issue and 705 shares in treasury. Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥115 (vs JP¥266 in FY 2021) Full year 2022 results: EPS: JP¥115 (down from JP¥266 in FY 2021). Revenue: JP¥19.2b (up 21% from FY 2021). Net income: JP¥725.0m (down 57% from FY 2021). Profit margin: 3.8% (down from 11% in FY 2021). Over the last 3 years on average, earnings per share has increased by 67% 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 15
WDI Corporation, Annual General Meeting, Jun 28, 2022 WDI Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Auditor Koichi Fujimoto was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 08
WDI Corporation to Report Fiscal Year 2022 Results on May 13, 2022 WDI Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 1.1% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (0.4%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥156 (up from JP¥66.18 loss in 3Q 2021). Revenue: JP¥6.24b (up 33% from 3Q 2021). Net income: JP¥988.0m (up JP¥1.41b from 3Q 2021). Profit margin: 16% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS JP¥60.65 (vs JP¥109 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥4.34b (up 14% from 2Q 2021). Net income: JP¥384.0m (up JP¥1.07b from 2Q 2021). Profit margin: 8.8% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
First quarter 2022 earnings released: JP¥86.24 loss per share (vs JP¥140 loss in 1Q 2021) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2022 results: Revenue: JP¥3.57b (down 3.4% from 1Q 2021). Net loss: JP¥546.0m (loss narrowed 38% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • May 16
Full year 2021 earnings released: EPS JP¥266 (vs JP¥98.24 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥15.8b (down 47% from FY 2020). Net income: JP¥1.69b (up JP¥2.31b from FY 2020). Profit margin: 11% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 26
New 90-day high: JP¥1,628 The company is up 11% from its price of JP¥1,469 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 7.0% over the same period. Reported Earnings • Feb 11
Third quarter 2021 earnings released: JP¥66.18 loss per share (vs JP¥34.12 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥4.70b (down 42% from 3Q 2020). Net loss: JP¥419.0m (down 294% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥1,587 The company is up 9.0% from its price of JP¥1,460 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: JP¥1,502 The company is up 4.0% from its price of JP¥1,439 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Hospitality industry, which is also up 4.0% over the same period. 공시 • Nov 29
WDI Corporation to Report Q3, 2021 Results on Feb 09, 2021 WDI Corporation announced that they will report Q3, 2021 results on Feb 09, 2021 Reported Earnings • Nov 14
Second quarter 2021 earnings released: JP¥109 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥3.79b (down 51% from 2Q 2020). Net loss: JP¥687.0m (down JP¥706.0m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 124% 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 • Aug 30
WDI Corporation to Report Q2, 2021 Results on Nov 11, 2020 WDI Corporation announced that they will report Q2, 2021 results on Nov 11, 2020