View Financial HealthShirohato 배당 및 자사주 매입배당 기준 점검 0/6Shirohato 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥367, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total loss to shareholders of 4.9% over the past three years.Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥502, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 70% over the past three years.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥430, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 56% over the past three years.New Risk • Apr 07New 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.98b market cap, or US$18.7m).공시 • Apr 03Shirohato Co., Ltd. to Report Q1, 2027 Results on Apr 10, 2026Shirohato Co., Ltd. announced that they will report Q1, 2027 results on Apr 10, 2026Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥335, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 25% over the past three years.Reported Earnings • Mar 03Full year 2025 earnings released: EPS: JP¥70.61 (vs JP¥9.01 loss in FY 2024)Full year 2025 results: EPS: JP¥70.61 (up from JP¥9.01 loss in FY 2024). Revenue: JP¥6.02b (down 1.5% from FY 2024). Net income: JP¥470.0m (up JP¥530.0m from FY 2024). Profit margin: 7.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to JP¥310. The fair value is estimated to be JP¥256, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Jan 10Third quarter 2026 earnings released: JP¥7.66 loss per share (vs JP¥0.15 profit in 3Q 2025)Third quarter 2026 results: JP¥7.66 loss per share (down from JP¥0.15 profit in 3Q 2025). Revenue: JP¥1.52b (down 7.7% from 3Q 2025). Net loss: JP¥51.0m (down JP¥52.0m from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Jan 09Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026.분석 기사 • Jan 08Is Shirohato (TSE:3192) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Dec 21Shirohato Co., Ltd. to Report Fiscal Year 2026 Results on Jan 09, 2026Shirohato Co., Ltd. announced that they will report fiscal year 2026 results on Jan 09, 2026New Risk • Nov 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 5.5% 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 (7.3% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.07b market cap, or US$13.2m).Board Change • Nov 05Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 3 highly experienced directors. 1 independent director (3 non-independent directors). Outside Audit & Supervisory Board Member Norihide Iwanaga is the most experienced director on the board, commencing their role in 2013. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.분석 기사 • Oct 17Solid Earnings May Not Tell The Whole Story For Shirohato (TSE:3192)The stock price didn't jump after Shirohato Co., Ltd. ( TSE:3192 ) posted decent earnings last week. Our analysis...분석 기사 • Oct 14Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowIt's not a stretch to say that Shirohato Co., Ltd.'s ( TSE:3192 ) price-to-sales (or "P/S") ratio of 0.3x right now...Reported Earnings • Oct 11Second quarter 2026 earnings released: JP¥8.71 loss per share (vs JP¥0.90 profit in 2Q 2025)Second quarter 2026 results: JP¥8.71 loss per share (down from JP¥0.90 profit in 2Q 2025). Revenue: JP¥1.43b (down 5.9% from 2Q 2025). Net loss: JP¥58.0m (down JP¥64.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Jul 30Shirohato Co., Ltd. to Report Q2, 2026 Results on Oct 10, 2025Shirohato Co., Ltd. announced that they will report Q2, 2026 results on Oct 10, 2025New Risk • Jul 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 4,829% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.86b market cap, or US$12.6m).Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥63.55 (vs JP¥6.01 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥63.55 (up from JP¥6.01 loss in 1Q 2025). Revenue: JP¥1.27b (down 3.1% from 1Q 2025). Net income: JP¥423.0m (up JP¥463.0m from 1Q 2025). Profit margin: 33% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. 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 1% per year, which means it is significantly lagging earnings growth.분석 기사 • May 20Shirohato (TSE:3192) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • May 19New 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 Interest payments are not well covered by earnings (1.2x net interest cover). 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¥1.75b market cap, or US$12.0m).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥300, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 13% over the past three years.공시 • May 15Shirohato Co., Ltd. to Report Q1, 2026 Results on Jul 11, 2025Shirohato Co., Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025New Risk • Apr 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Market cap is less than US$100m (JP¥1.56b market cap, or US$10.9m).Reported Earnings • Apr 12Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Apr 11Shirohato Co., Ltd., Annual General Meeting, May 29, 2025Shirohato Co., Ltd., Annual General Meeting, May 29, 2025.New Risk • Apr 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.33b (US$9.10m) 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. This is currently the only risk that has been identified for the company.분석 기사 • Apr 06Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Specialty Retail industry in Japan, you could be...공시 • Feb 28Shirohato Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025Shirohato Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2025Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥0.15 (vs JP¥2.25 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.15 (up from JP¥2.25 loss in 3Q 2024). Revenue: JP¥1.64b (down 1.9% from 3Q 2024). Net income: JP¥1.00m (up JP¥16.0m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 06There's Reason For Concern Over Shirohato Co., Ltd.'s (TSE:3192) Massive 26% Price JumpShirohato Co., Ltd. ( TSE:3192 ) shareholders would be excited to see that the share price has had a great month...분석 기사 • Oct 04Is Shirohato (TSE:3192) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Aug 05More Unpleasant Surprises Could Be In Store For Shirohato Co., Ltd.'s (TSE:3192) Shares After Tumbling 26%Shirohato Co., Ltd. ( TSE:3192 ) shareholders that were waiting for something to happen have been dealt a blow with a...New Risk • Aug 05New 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 6.9% 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 Less than 1 year of cash runway based on free cash flow trend (-JP¥206m free cash flow). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥1.44b market cap, or US$10.1m).Reported Earnings • Jul 16First quarter 2025 earnings released: JP¥6.01 loss per share (vs JP¥8.56 loss in 1Q 2024)First quarter 2025 results: JP¥6.01 loss per share (improved from JP¥8.56 loss in 1Q 2024). Revenue: JP¥1.31b (down 11% from 1Q 2024). Net loss: JP¥40.0m (loss narrowed 30% from 1Q 2024). 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 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 14Full year 2024 earnings released: JP¥18.03 loss per share (vs JP¥10.97 profit in FY 2023)Full year 2024 results: JP¥18.03 loss per share (down from JP¥10.97 profit in FY 2023). Revenue: JP¥6.37b (flat on FY 2023). Net loss: JP¥120.0m (down 264% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Feb 23+ 3 more updatesShirohato Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024Shirohato Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024Reported Earnings • Jan 14Third quarter 2024 earnings released: JP¥2.25 loss per share (vs JP¥2.70 loss in 3Q 2023)Third quarter 2024 results: JP¥2.25 loss per share (improved from JP¥2.70 loss in 3Q 2023). Revenue: JP¥1.67b (up 9.1% from 3Q 2023). Net loss: JP¥15.0m (loss narrowed 17% from 3Q 2023). 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 7% per year, which means it is significantly lagging earnings growth.공시 • Dec 02Shirohato Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024Shirohato Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024New Risk • Oct 13New major risk - Revenue and earnings growthEarnings have declined by 16% 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 Less than 1 year of cash runway based on free cash flow trend (-JP¥17m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥2.15b market cap, or US$14.4m).Reported Earnings • Oct 13Second quarter 2024 earnings released: JP¥3.16 loss per share (vs JP¥5.11 profit in 2Q 2023)Second quarter 2024 results: JP¥3.16 loss per share (down from JP¥5.11 profit in 2Q 2023). Revenue: JP¥1.59b (down 4.7% from 2Q 2023). Net loss: JP¥21.0m (down 162% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.공시 • Aug 30Shirohato Co., Ltd. to Report Q2, 2024 Results on Oct 12, 2023Shirohato Co., Ltd. announced that they will report Q2, 2024 results on Oct 12, 2023New Risk • Jul 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.49b market cap, or US$17.9m).Reported Earnings • Jul 15First quarter 2024 earnings released: JP¥8.56 loss per share (vs JP¥2.25 profit in 1Q 2023)First quarter 2024 results: JP¥8.56 loss per share (down from JP¥2.25 profit in 1Q 2023). Revenue: JP¥1.47b (down 5.0% from 1Q 2023). Net loss: JP¥57.0m (down 480% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥409, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 29% over the past three years.Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥430, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 59% over the past three years.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥350, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 30% over the past three years.Reported Earnings • Apr 15Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 13Third quarter 2023 earnings released: JP¥2.70 loss per share (vs JP¥2.40 loss in 3Q 2022)Third quarter 2023 results: JP¥2.70 loss per share (further deteriorated from JP¥2.40 loss in 3Q 2022). Revenue: JP¥1.53b (up 1.3% from 3Q 2022). Net loss: JP¥18.0m (loss widened 13% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Board Change • Nov 16Less than half of directors are independentFollowing 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. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥5.11 (vs JP¥1.20 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥5.11 (up from JP¥1.20 loss in 2Q 2022). Revenue: JP¥1.67b (up 6.4% from 2Q 2022). Net income: JP¥34.0m (up JP¥42.0m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022).공시 • Aug 04Shirohato Co., Ltd. to Report Q2, 2022 Results on Oct 13, 2022Shirohato Co., Ltd. announced that they will report Q2, 2022 results on Oct 13, 2022Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).Reported Earnings • Jun 03Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentFollowing 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. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 15Shirohato Co., Ltd., Annual General Meeting, May 27, 2022Shirohato Co., Ltd., Annual General Meeting, May 27, 2022.Reported Earnings • Apr 14Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% 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.Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥2.40 loss per share (up from JP¥8.11 loss in 3Q 2021). Revenue: JP¥1.51b (up 1.6% from 3Q 2021). Net loss: JP¥16.0m (loss narrowed 70% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 14Second quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥10.97 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥1.57b (up 14% from 2Q 2021). Net loss: JP¥8.00m (loss narrowed 89% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 15First quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥3.01 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥1.52b (up 17% from 1Q 2021). Net loss: JP¥8.00m (loss narrowed 60% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 02Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 16Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.공시 • Feb 16Shirohato Co., Ltd. to Report Fiscal Year 2020 Results on Apr 13, 2021Shirohato Co., Ltd. announced that they will report fiscal year 2020 results on Apr 13, 2021Reported Earnings • Jan 15Third quarter 2021 earnings released: JP¥8.11 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥1.49b (up 16% from 3Q 2020). Net loss: JP¥54.0m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 100% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 21New 90-day low: JP¥280The company is down 6.0% from its price of JP¥299 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Online Retail industry, which is also down 6.0% over the same period.Reported Earnings • Oct 14First half earnings releasedOver the last 12 months the company has reported total losses of JP¥161.0m, with losses widening by 232% from the prior year. Total revenue was JP¥5.31b over the last 12 months, largely unchanged from the prior year.Is New 90 Day High Low • Oct 12New 90-day high: JP¥339The company is up 7.0% from its price of JP¥316 on 14 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 30% over the same period.공시 • Aug 31Shirohato Co., Ltd. to Report Q2, 2021 Results on Oct 13, 2020Shirohato Co., Ltd. announced that they will report Q2, 2021 results on Oct 13, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 3192 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 3192 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Shirohato 배당 수익률 vs 시장3192의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (3192)n/a시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.8%업계 평균 (Specialty Retail)1.3%분석가 예측 (3192) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 3192 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 3192 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 3192 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 3192 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/30 20:21종가2026/05/29 00:00수익2025/11/30연간 수익2025/11/30데이터 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 소스Shirohato Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Shogo OkiMarusan Securities Co. Ltd.
Valuation Update With 7 Day Price Move • May 21Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥367, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total loss to shareholders of 4.9% over the past three years.
Valuation Update With 7 Day Price Move • May 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥502, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥430, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 56% over the past three years.
New Risk • Apr 07New 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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.98b market cap, or US$18.7m).
공시 • Apr 03Shirohato Co., Ltd. to Report Q1, 2027 Results on Apr 10, 2026Shirohato Co., Ltd. announced that they will report Q1, 2027 results on Apr 10, 2026
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥335, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 25% over the past three years.
Reported Earnings • Mar 03Full year 2025 earnings released: EPS: JP¥70.61 (vs JP¥9.01 loss in FY 2024)Full year 2025 results: EPS: JP¥70.61 (up from JP¥9.01 loss in FY 2024). Revenue: JP¥6.02b (down 1.5% from FY 2024). Net income: JP¥470.0m (up JP¥530.0m from FY 2024). Profit margin: 7.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to JP¥310. The fair value is estimated to be JP¥256, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Jan 10Third quarter 2026 earnings released: JP¥7.66 loss per share (vs JP¥0.15 profit in 3Q 2025)Third quarter 2026 results: JP¥7.66 loss per share (down from JP¥0.15 profit in 3Q 2025). Revenue: JP¥1.52b (down 7.7% from 3Q 2025). Net loss: JP¥51.0m (down JP¥52.0m from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Jan 09Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026Shirohato Co., Ltd., Annual General Meeting, Feb 26, 2026.
분석 기사 • Jan 08Is Shirohato (TSE:3192) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Dec 21Shirohato Co., Ltd. to Report Fiscal Year 2026 Results on Jan 09, 2026Shirohato Co., Ltd. announced that they will report fiscal year 2026 results on Jan 09, 2026
New Risk • Nov 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 5.5% 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 (7.3% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.07b market cap, or US$13.2m).
Board Change • Nov 05Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 3 highly experienced directors. 1 independent director (3 non-independent directors). Outside Audit & Supervisory Board Member Norihide Iwanaga is the most experienced director on the board, commencing their role in 2013. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
분석 기사 • Oct 17Solid Earnings May Not Tell The Whole Story For Shirohato (TSE:3192)The stock price didn't jump after Shirohato Co., Ltd. ( TSE:3192 ) posted decent earnings last week. Our analysis...
분석 기사 • Oct 14Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowIt's not a stretch to say that Shirohato Co., Ltd.'s ( TSE:3192 ) price-to-sales (or "P/S") ratio of 0.3x right now...
Reported Earnings • Oct 11Second quarter 2026 earnings released: JP¥8.71 loss per share (vs JP¥0.90 profit in 2Q 2025)Second quarter 2026 results: JP¥8.71 loss per share (down from JP¥0.90 profit in 2Q 2025). Revenue: JP¥1.43b (down 5.9% from 2Q 2025). Net loss: JP¥58.0m (down JP¥64.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Jul 30Shirohato Co., Ltd. to Report Q2, 2026 Results on Oct 10, 2025Shirohato Co., Ltd. announced that they will report Q2, 2026 results on Oct 10, 2025
New Risk • Jul 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 4,829% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥1.86b market cap, or US$12.6m).
Reported Earnings • Jul 14First quarter 2026 earnings released: EPS: JP¥63.55 (vs JP¥6.01 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥63.55 (up from JP¥6.01 loss in 1Q 2025). Revenue: JP¥1.27b (down 3.1% from 1Q 2025). Net income: JP¥423.0m (up JP¥463.0m from 1Q 2025). Profit margin: 33% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. 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 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 20Shirohato (TSE:3192) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • May 19New 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 Interest payments are not well covered by earnings (1.2x net interest cover). 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¥1.75b market cap, or US$12.0m).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥300, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 13% over the past three years.
공시 • May 15Shirohato Co., Ltd. to Report Q1, 2026 Results on Jul 11, 2025Shirohato Co., Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025
New Risk • Apr 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Market cap is less than US$100m (JP¥1.56b market cap, or US$10.9m).
Reported Earnings • Apr 12Full year 2025 earnings released: EPS: JP¥18.48 (vs JP¥18.03 loss in FY 2024)Full year 2025 results: EPS: JP¥18.48 (up from JP¥18.03 loss in FY 2024). Revenue: JP¥6.27b (down 1.5% from FY 2024). Net income: JP¥123.0m (up JP¥243.0m from FY 2024). Profit margin: 2.0% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Apr 11Shirohato Co., Ltd., Annual General Meeting, May 29, 2025Shirohato Co., Ltd., Annual General Meeting, May 29, 2025.
New Risk • Apr 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: JP¥1.33b (US$9.10m) 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. This is currently the only risk that has been identified for the company.
분석 기사 • Apr 06Pinning Down Shirohato Co., Ltd.'s (TSE:3192) P/S Is Difficult Right NowWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Specialty Retail industry in Japan, you could be...
공시 • Feb 28Shirohato Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025Shirohato Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2025
Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥0.15 (vs JP¥2.25 loss in 3Q 2024)Third quarter 2025 results: EPS: JP¥0.15 (up from JP¥2.25 loss in 3Q 2024). Revenue: JP¥1.64b (down 1.9% from 3Q 2024). Net income: JP¥1.00m (up JP¥16.0m from 3Q 2024). Profit margin: 0.1% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 06There's Reason For Concern Over Shirohato Co., Ltd.'s (TSE:3192) Massive 26% Price JumpShirohato Co., Ltd. ( TSE:3192 ) shareholders would be excited to see that the share price has had a great month...
분석 기사 • Oct 04Is Shirohato (TSE:3192) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Aug 05More Unpleasant Surprises Could Be In Store For Shirohato Co., Ltd.'s (TSE:3192) Shares After Tumbling 26%Shirohato Co., Ltd. ( TSE:3192 ) shareholders that were waiting for something to happen have been dealt a blow with a...
New Risk • Aug 05New 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 6.9% 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 Less than 1 year of cash runway based on free cash flow trend (-JP¥206m free cash flow). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥1.44b market cap, or US$10.1m).
Reported Earnings • Jul 16First quarter 2025 earnings released: JP¥6.01 loss per share (vs JP¥8.56 loss in 1Q 2024)First quarter 2025 results: JP¥6.01 loss per share (improved from JP¥8.56 loss in 1Q 2024). Revenue: JP¥1.31b (down 11% from 1Q 2024). Net loss: JP¥40.0m (loss narrowed 30% from 1Q 2024). 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 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 14Full year 2024 earnings released: JP¥18.03 loss per share (vs JP¥10.97 profit in FY 2023)Full year 2024 results: JP¥18.03 loss per share (down from JP¥10.97 profit in FY 2023). Revenue: JP¥6.37b (flat on FY 2023). Net loss: JP¥120.0m (down 264% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Feb 23+ 3 more updatesShirohato Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024Shirohato Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024
Reported Earnings • Jan 14Third quarter 2024 earnings released: JP¥2.25 loss per share (vs JP¥2.70 loss in 3Q 2023)Third quarter 2024 results: JP¥2.25 loss per share (improved from JP¥2.70 loss in 3Q 2023). Revenue: JP¥1.67b (up 9.1% from 3Q 2023). Net loss: JP¥15.0m (loss narrowed 17% from 3Q 2023). 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 7% per year, which means it is significantly lagging earnings growth.
공시 • Dec 02Shirohato Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024Shirohato Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024
New Risk • Oct 13New major risk - Revenue and earnings growthEarnings have declined by 16% 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 Less than 1 year of cash runway based on free cash flow trend (-JP¥17m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥2.15b market cap, or US$14.4m).
Reported Earnings • Oct 13Second quarter 2024 earnings released: JP¥3.16 loss per share (vs JP¥5.11 profit in 2Q 2023)Second quarter 2024 results: JP¥3.16 loss per share (down from JP¥5.11 profit in 2Q 2023). Revenue: JP¥1.59b (down 4.7% from 2Q 2023). Net loss: JP¥21.0m (down 162% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
공시 • Aug 30Shirohato Co., Ltd. to Report Q2, 2024 Results on Oct 12, 2023Shirohato Co., Ltd. announced that they will report Q2, 2024 results on Oct 12, 2023
New Risk • Jul 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 89% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.49b market cap, or US$17.9m).
Reported Earnings • Jul 15First quarter 2024 earnings released: JP¥8.56 loss per share (vs JP¥2.25 profit in 1Q 2023)First quarter 2024 results: JP¥8.56 loss per share (down from JP¥2.25 profit in 1Q 2023). Revenue: JP¥1.47b (down 5.0% from 1Q 2023). Net loss: JP¥57.0m (down 480% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to JP¥409, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 29% over the past three years.
Reported Earnings • Jun 02Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥430, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 59% over the past three years.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥350, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 30% over the past three years.
Reported Earnings • Apr 15Full year 2023 earnings released: EPS: JP¥10.97 (vs JP¥33.50 loss in FY 2022)Full year 2023 results: EPS: JP¥10.97 (up from JP¥33.50 loss in FY 2022). Revenue: JP¥6.35b (up 2.0% from FY 2022). Net income: JP¥73.0m (up JP¥296.0m from FY 2022). Profit margin: 1.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 13Third quarter 2023 earnings released: JP¥2.70 loss per share (vs JP¥2.40 loss in 3Q 2022)Third quarter 2023 results: JP¥2.70 loss per share (further deteriorated from JP¥2.40 loss in 3Q 2022). Revenue: JP¥1.53b (up 1.3% from 3Q 2022). Net loss: JP¥18.0m (loss widened 13% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Board Change • Nov 16Less than half of directors are independentFollowing 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. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥5.11 (vs JP¥1.20 loss in 2Q 2022)Second quarter 2023 results: EPS: JP¥5.11 (up from JP¥1.20 loss in 2Q 2022). Revenue: JP¥1.67b (up 6.4% from 2Q 2022). Net income: JP¥34.0m (up JP¥42.0m from 2Q 2022). Profit margin: 2.0% (up from net loss in 2Q 2022).
공시 • Aug 04Shirohato Co., Ltd. to Report Q2, 2022 Results on Oct 13, 2022Shirohato Co., Ltd. announced that they will report Q2, 2022 results on Oct 13, 2022
Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).
Reported Earnings • Jul 15First quarter 2023 earnings released: EPS: JP¥2.25 (vs JP¥1.20 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥2.25 (up from JP¥1.20 loss in 1Q 2022). Revenue: JP¥1.54b (up 1.4% from 1Q 2022). Net income: JP¥15.0m (up JP¥23.0m from 1Q 2022). Profit margin: 1.0% (up from net loss in 1Q 2022).
Reported Earnings • Jun 03Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentFollowing 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. 3 non-independent directors. Independent Outside Director Tsuneo Shimizu was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 15Shirohato Co., Ltd., Annual General Meeting, May 27, 2022Shirohato Co., Ltd., Annual General Meeting, May 27, 2022.
Reported Earnings • Apr 14Full year 2022 earnings released: JP¥33.50 loss per share (vs JP¥43.12 loss in FY 2021)Full year 2022 results: JP¥33.50 loss per share (up from JP¥43.12 loss in FY 2021). Revenue: JP¥6.23b (up 9.4% from FY 2021). Net loss: JP¥223.0m (loss narrowed 22% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% 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.
Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: JP¥2.40 loss per share (up from JP¥8.11 loss in 3Q 2021). Revenue: JP¥1.51b (up 1.6% from 3Q 2021). Net loss: JP¥16.0m (loss narrowed 70% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 14Second quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥10.97 loss in 2Q 2021)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥1.57b (up 14% from 2Q 2021). Net loss: JP¥8.00m (loss narrowed 89% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 15First quarter 2022 earnings released: JP¥1.20 loss per share (vs JP¥3.01 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥1.52b (up 17% from 1Q 2021). Net loss: JP¥8.00m (loss narrowed 60% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 02Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 16Full year 2021 earnings released: JP¥43.12 loss per share (vs JP¥20.74 loss in FY 2020)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥5.69b (up 8.4% from FY 2020). Net loss: JP¥287.0m (loss widened 108% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
공시 • Feb 16Shirohato Co., Ltd. to Report Fiscal Year 2020 Results on Apr 13, 2021Shirohato Co., Ltd. announced that they will report fiscal year 2020 results on Apr 13, 2021
Reported Earnings • Jan 15Third quarter 2021 earnings released: JP¥8.11 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥1.49b (up 16% from 3Q 2020). Net loss: JP¥54.0m (loss narrowed 30% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 100% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 21New 90-day low: JP¥280The company is down 6.0% from its price of JP¥299 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Online Retail industry, which is also down 6.0% over the same period.
Reported Earnings • Oct 14First half earnings releasedOver the last 12 months the company has reported total losses of JP¥161.0m, with losses widening by 232% from the prior year. Total revenue was JP¥5.31b over the last 12 months, largely unchanged from the prior year.
Is New 90 Day High Low • Oct 12New 90-day high: JP¥339The company is up 7.0% from its price of JP¥316 on 14 July 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 30% over the same period.
공시 • Aug 31Shirohato Co., Ltd. to Report Q2, 2021 Results on Oct 13, 2020Shirohato Co., Ltd. announced that they will report Q2, 2021 results on Oct 13, 2020