Zett (8135) 주식 개요Zett Corporation은 일본에서 스포츠 장비 제조 및 도매업을 하고 있습니다. 자세히 보기8135 펀더멘털 분석스노우플레이크 점수가치 평가1/6미래 성장0/6과거 실적2/6재무 건전성6/6배당4/6강점주가수익률(8.4x)이 JP 시장(13.8x)보다 낮습니다.위험 분석이익 마진 (1.7%)이 지난해 (5.4%)보다 낮습니다.4.31% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.의미 있는 시가총액이 없습니다(¥8B)모든 위험 점검 보기8135 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥418.0010.2% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-226m83b2016201920222025202620282031Revenue JP¥83.0bEarnings JP¥1.4bAdvancedSet Fair ValueView all narrativesZett Corporation 경쟁사NakayamafukuLtdSymbol: TSE:7442Market cap: JP¥8.6bLilycolorSymbol: TSE:9827Market cap: JP¥7.5bLibertaLtdSymbol: TSE:4935Market cap: JP¥7.7bSanyeiSymbol: TSE:8119Market cap: JP¥7.2b가격 이력 및 성과Zett 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥418.0052주 최고가JP¥614.0052주 최저가JP¥406.00베타0.631개월 변동-6.70%3개월 변동-26.92%1년 변동-0.48%3년 변동55.39%5년 변동74.17%IPO 이후 변동-1.65%최근 뉴스 및 업데이트Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥49.81 (vs JP¥153 in FY 2025)Full year 2026 results: EPS: JP¥49.81 (down from JP¥153 in FY 2025). Revenue: JP¥58.7b (up 6.0% from FY 2025). Net income: JP¥975.0m (down 67% from FY 2025). Profit margin: 1.7% (down from 5.4% in FY 2025). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is significantly lagging earnings growth.공시 • May 14Zett Corporation, Annual General Meeting, Jun 25, 2026Zett Corporation, Annual General Meeting, Jun 25, 2026.공시 • May 10+ 3 more updatesZett Corporation to Report Q1, 2027 Results on Aug 07, 2026Zett Corporation announced that they will report Q1, 2027 results on Aug 07, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).New Risk • Mar 04New 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 5.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥10.3b market cap, or US$65.5m).Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥7.76 (vs JP¥107 in 3Q 2025)Third quarter 2026 results: EPS: JP¥7.76 (down from JP¥107 in 3Q 2025). Revenue: JP¥13.5b (up 5.9% from 3Q 2025). Net income: JP¥152.0m (down 93% from 3Q 2025). Profit margin: 1.1% (down from 17% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.더 많은 업데이트 보기Recent updatesReported Earnings • May 18Full year 2026 earnings released: EPS: JP¥49.81 (vs JP¥153 in FY 2025)Full year 2026 results: EPS: JP¥49.81 (down from JP¥153 in FY 2025). Revenue: JP¥58.7b (up 6.0% from FY 2025). Net income: JP¥975.0m (down 67% from FY 2025). Profit margin: 1.7% (down from 5.4% in FY 2025). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is significantly lagging earnings growth.공시 • May 14Zett Corporation, Annual General Meeting, Jun 25, 2026Zett Corporation, Annual General Meeting, Jun 25, 2026.공시 • May 10+ 3 more updatesZett Corporation to Report Q1, 2027 Results on Aug 07, 2026Zett Corporation announced that they will report Q1, 2027 results on Aug 07, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).New Risk • Mar 04New 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 5.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥10.3b market cap, or US$65.5m).Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥7.76 (vs JP¥107 in 3Q 2025)Third quarter 2026 results: EPS: JP¥7.76 (down from JP¥107 in 3Q 2025). Revenue: JP¥13.5b (up 5.9% from 3Q 2025). Net income: JP¥152.0m (down 93% from 3Q 2025). Profit margin: 1.1% (down from 17% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.분석 기사 • Dec 29Many Still Looking Away From Zett Corporation (TSE:8135)With a price-to-earnings (or "P/E") ratio of 3.4x Zett Corporation ( TSE:8135 ) may be sending very bullish signals at...분석 기사 • Nov 21Zett's (TSE:8135) Shareholders Should Assess Earnings With CautionWe didn't see Zett Corporation's ( TSE:8135 ) stock surge when it reported robust earnings recently. We decided to have...New Risk • Nov 16New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥9.04b market cap, or US$58.5m).Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥10.68 (vs JP¥18.19 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.68 (down from JP¥18.19 in 1Q 2025). Revenue: JP¥14.5b (up 6.9% from 1Q 2025). Net income: JP¥209.0m (down 41% from 1Q 2025). Profit margin: 1.4% (down from 2.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.분석 기사 • May 23Zett's (TSE:8135) Promising Earnings May Rest On Soft FoundationsZett Corporation ( TSE:8135 ) announced strong profits, but the stock was stagnant. We did some digging, and we found...Reported Earnings • May 21Full year 2025 earnings released: EPS: JP¥153 (vs JP¥41.38 in FY 2024)Full year 2025 results: EPS: JP¥153 (up from JP¥41.38 in FY 2024). Revenue: JP¥55.3b (up 6.5% from FY 2024). Net income: JP¥2.99b (up 269% from FY 2024). Profit margin: 5.4% (up from 1.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공시 • May 15Zett Corporation, Annual General Meeting, Jun 26, 2025Zett Corporation, Annual General Meeting, Jun 26, 2025.New Risk • Mar 30New 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 5.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥8.46b market cap, or US$56.5m).공시 • Mar 29+ 3 more updatesZett Corporation to Report Q3, 2026 Results on Feb 13, 2026Zett Corporation announced that they will report Q3, 2026 results on Feb 13, 2026Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 1.4% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.8%).Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥107 (vs JP¥5.52 in 3Q 2024)Third quarter 2025 results: EPS: JP¥107 (up from JP¥5.52 in 3Q 2024). Revenue: JP¥12.7b (up 6.9% from 3Q 2024). Net income: JP¥2.10b (up JP¥1.99b from 3Q 2024). Profit margin: 17% (up from 0.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.공시 • Oct 31BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd. BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders on October 29, 2024.Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥18.19 (vs JP¥13.59 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.19 (up from JP¥13.59 in 1Q 2024). Revenue: JP¥13.5b (up 3.7% from 1Q 2024). Net income: JP¥356.0m (up 34% from 1Q 2024). Profit margin: 2.6% (up from 2.0% 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 10% per year whereas the company’s share price has increased by 9% per year.공시 • Aug 06BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥260, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total loss to shareholders of 5.4% over the past three years.분석 기사 • Aug 02It's A Story Of Risk Vs Reward With Zett Corporation (TSE:8135)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider Zett...Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥41.38 (vs JP¥46.24 in FY 2023)Full year 2024 results: EPS: JP¥41.38 (down from JP¥46.24 in FY 2023). Revenue: JP¥52.0b (up 4.1% from FY 2023). Net income: JP¥810.0m (down 11% from FY 2023). Profit margin: 1.6% (down from 1.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • May 11Zett Corporation, Annual General Meeting, Jun 27, 2024Zett Corporation, Annual General Meeting, Jun 27, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%).공시 • Mar 13+ 3 more updatesZett Corporation to Report Q3, 2025 Results on Feb 13, 2025Zett Corporation announced that they will report Q3, 2025 results on Feb 13, 2025Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥5.52 (vs JP¥0.46 in 3Q 2023)Third quarter 2024 results: EPS: JP¥5.52 (up from JP¥0.46 in 3Q 2023). Revenue: JP¥11.9b (flat on 3Q 2023). Net income: JP¥108.0m (up JP¥99.0m from 3Q 2023). Profit margin: 0.9% (up from 0.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥8.79 (vs JP¥8.99 in 2Q 2023)Second quarter 2024 results: EPS: JP¥8.79 (down from JP¥8.99 in 2Q 2023). Revenue: JP¥13.1b (up 3.2% from 2Q 2023). Net income: JP¥172.0m (down 2.3% from 2Q 2023). Profit margin: 1.3% (down from 1.4% 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 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥13.59 (vs JP¥16.45 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.59 (down from JP¥16.45 in 1Q 2023). Revenue: JP¥13.1b (up 6.6% from 1Q 2023). Net income: JP¥266.0m (down 17% from 1Q 2023). Profit margin: 2.0% (down from 2.6% 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 72% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥46.23 (vs JP¥36.94 in FY 2022)Full year 2023 results: EPS: JP¥46.23 (up from JP¥36.94 in FY 2022). Revenue: JP¥49.9b (up 11% from FY 2022). Net income: JP¥905.0m (up 25% from FY 2022). Profit margin: 1.8% (up from 1.6% 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 74% 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 13Zett Corporation, Annual General Meeting, Jun 29, 2023Zett Corporation, Annual General Meeting, Jun 29, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 5.1% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥319, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 88% over the past three years.Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥0.46 (vs JP¥4.39 in 3Q 2022)Third quarter 2023 results: EPS: JP¥0.46 (down from JP¥4.39 in 3Q 2022). Revenue: JP¥11.8b (up 11% from 3Q 2022). Net income: JP¥9.00m (down 90% from 3Q 2022). Profit margin: 0.1% (down from 0.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% 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 • Nov 16Second quarter 2023 earnings released: EPS: JP¥8.99 (vs JP¥5.88 in 2Q 2022)Second quarter 2023 results: EPS: JP¥8.99 (up from JP¥5.88 in 2Q 2022). Revenue: JP¥12.7b (up 14% from 2Q 2022). Net income: JP¥176.0m (up 53% from 2Q 2022). Profit margin: 1.4% (up from 1.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Hitoshi Kuwayama was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥8.99 (vs JP¥5.88 in 2Q 2022)Second quarter 2023 results: EPS: JP¥8.99 (up from JP¥5.88 in 2Q 2022). Revenue: JP¥12.7b (up 14% from 2Q 2022). Net income: JP¥176.0m (up 53% from 2Q 2022). Profit margin: 1.4% (up from 1.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥16.45 (vs JP¥13.23 in 1Q 2022)First quarter 2023 results: EPS: JP¥16.45 (up from JP¥13.23 in 1Q 2022). Revenue: JP¥12.2b (up 7.1% from 1Q 2022). Net income: JP¥322.0m (up 24% from 1Q 2022). Profit margin: 2.6% (up from 2.3% in 1Q 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.Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥36.94 (vs JP¥5.57 in FY 2021)Full year 2022 results: EPS: JP¥36.94 (up from JP¥5.57 in FY 2021). Revenue: JP¥44.8b (up 19% from FY 2021). Net income: JP¥723.0m (up JP¥614.0m from FY 2021). Profit margin: 1.6% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year.공시 • May 14Zett Corporation, Annual General Meeting, Jun 29, 2022Zett Corporation, Annual General Meeting, Jun 29, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Hitoshi Kuwayama was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 08+ 3 more updatesZett Corporation to Report Q3, 2023 Results on Feb 09, 2023Zett Corporation announced that they will report Q3, 2023 results on Feb 09, 2023Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.4%).Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥4.39 (down from JP¥10.17 in 3Q 2021). Revenue: JP¥10.6b (up 5.3% from 3Q 2021). Net income: JP¥86.0m (down 57% from 3Q 2021). Profit margin: 0.8% (down from 2.0% in 3Q 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 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS JP¥5.88 (vs JP¥6.44 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥11.1b (up 5.3% from 2Q 2021). Net income: JP¥115.0m (down 8.7% from 2Q 2021). Profit margin: 1.0% (down from 1.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥13.23 (vs JP¥17.63 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.4b (up 78% from 1Q 2021). Net income: JP¥259.0m (up JP¥604.0m from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥380, the stock trades at a trailing P/E ratio of 68.2x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 60% over the past three years.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 37% share price gain to JP¥341, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 13x in the Retail Distributors industry in Japan. Total returns to shareholders of 52% over the past three years.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥5.57 (vs JP¥10.68 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥37.6b (down 10% from FY 2020). Net income: JP¥109.0m (down 48% from FY 2020). Profit margin: 0.3% (down from 0.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 24New 90-day high: JP¥230The company is up 18% from its price of JP¥195 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 2.0% over the same period.Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥10.17 (vs JP¥5.77 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¥10.1b (up 7.4% from 3Q 2020). Net income: JP¥199.0m (up JP¥312.0m from 3Q 2020). Profit margin: 2.0% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Dec 23New 90-day high: JP¥217The company is up 14% from its price of JP¥191 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 4.0% over the same period.Is New 90 Day High Low • Dec 07New 90-day high: JP¥203The company is up 5.0% from its price of JP¥193 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is up 2.0% over the same period.공시 • Nov 26Zett Corporation (TSE:8135) agreed to acquire Sportswear Wholesale Business of Ben-General Corp.Zett Corporation (TSE:8135) agreed to acquire Sportswear Wholesale Business of Ben-General Corp on November 25, 2020. The directors and employees of Ben-General in connection with the Business who have been interviewed and have agreed to transfer to Zett under the terms and conditions of employment offered by Zett will be transferred after the Transfer Date. The deal is expected to be completed by April 1, 2021. The impact on the consolidated business results for the current fiscal year is insignificant and will not change from the business forecast announced in the Notice of Business Forecast for the fiscal year ending March 31, 2021 on July 15, 2020주주 수익률8135JP Retail DistributorsJP 시장7D2.2%-0.4%1.2%1Y-0.5%23.1%42.1%전체 주주 수익률 보기수익률 대 산업: 8135은 지난 1년 동안 23.1%의 수익을 기록한 JP Retail Distributors 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 8135은 지난 1년 동안 42.1%를 기록한 JP 시장보다 저조한 성과를 냈습니다.주가 변동성Is 8135's price volatile compared to industry and market?8135 volatility8135 Average Weekly Movement5.5%Retail Distributors Industry Average Movement4.1%Market Average Movement5.0%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.5%안정적인 주가: 8135는 지난 3개월 동안 JP 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 8135의 주간 변동성(6%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1920588Hiroyuki Watanabezett.jpZett Corporation은 일본에서 스포츠 장비 제조 및 도매업을 하고 있습니다. 야구공, 농구복, 글러브, 배트 및 기타 의류 제품을 제공합니다. 또한 약 3,000개의 매장을 검색하고 주문할 수 있는 온라인 주문 시스템인 Z-NET을 운영하고 있습니다.더 보기Zett Corporation 기초 지표 요약Zett의 순이익과 매출은 시가총액과 어떻게 비교됩니까?8135 기초 통계시가총액JP¥8.18b순이익 (TTM)JP¥975.00m매출 (TTM)JP¥58.66b8.4x주가수익비율(P/E)0.1x주가매출비율(P/S)8135는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표8135 손익계산서 (TTM)매출JP¥58.66b매출원가JP¥48.47b총이익JP¥10.19b기타 비용JP¥9.22b순이익JP¥975.00m최근 보고된 실적Mar 31, 2026다음 실적 발표일Aug 07, 2026주당순이익(EPS)49.81총이익률17.37%순이익률1.66%부채/자본 비율1.6%8135의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당4.3%현재 배당 수익률20%배당 성향8135는 안정적으로 배당을 지급합니까?8135 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 8135를 매수해야 하나요?Zett 배당 일정배당락일Mar 30 2026배당 지급일Jun 26 2026배당락일까지 남은 일수55 days배당 지급일까지 남은 일수33 days8135는 안정적으로 배당을 지급합니까?8135 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 20:42종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Zett Corporation는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥49.81 (vs JP¥153 in FY 2025)Full year 2026 results: EPS: JP¥49.81 (down from JP¥153 in FY 2025). Revenue: JP¥58.7b (up 6.0% from FY 2025). Net income: JP¥975.0m (down 67% from FY 2025). Profit margin: 1.7% (down from 5.4% in FY 2025). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is significantly lagging earnings growth.
공시 • May 14Zett Corporation, Annual General Meeting, Jun 25, 2026Zett Corporation, Annual General Meeting, Jun 25, 2026.
공시 • May 10+ 3 more updatesZett Corporation to Report Q1, 2027 Results on Aug 07, 2026Zett Corporation announced that they will report Q1, 2027 results on Aug 07, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).
New Risk • Mar 04New 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 5.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥10.3b market cap, or US$65.5m).
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥7.76 (vs JP¥107 in 3Q 2025)Third quarter 2026 results: EPS: JP¥7.76 (down from JP¥107 in 3Q 2025). Revenue: JP¥13.5b (up 5.9% from 3Q 2025). Net income: JP¥152.0m (down 93% from 3Q 2025). Profit margin: 1.1% (down from 17% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 18Full year 2026 earnings released: EPS: JP¥49.81 (vs JP¥153 in FY 2025)Full year 2026 results: EPS: JP¥49.81 (down from JP¥153 in FY 2025). Revenue: JP¥58.7b (up 6.0% from FY 2025). Net income: JP¥975.0m (down 67% from FY 2025). Profit margin: 1.7% (down from 5.4% in FY 2025). The decrease in margin was driven by higher expenses. 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 14% per year, which means it is significantly lagging earnings growth.
공시 • May 14Zett Corporation, Annual General Meeting, Jun 25, 2026Zett Corporation, Annual General Meeting, Jun 25, 2026.
공시 • May 10+ 3 more updatesZett Corporation to Report Q1, 2027 Results on Aug 07, 2026Zett Corporation announced that they will report Q1, 2027 results on Aug 07, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.9%).
New Risk • Mar 04New 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 5.8% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (JP¥10.3b market cap, or US$65.5m).
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥7.76 (vs JP¥107 in 3Q 2025)Third quarter 2026 results: EPS: JP¥7.76 (down from JP¥107 in 3Q 2025). Revenue: JP¥13.5b (up 5.9% from 3Q 2025). Net income: JP¥152.0m (down 93% from 3Q 2025). Profit margin: 1.1% (down from 17% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
분석 기사 • Dec 29Many Still Looking Away From Zett Corporation (TSE:8135)With a price-to-earnings (or "P/E") ratio of 3.4x Zett Corporation ( TSE:8135 ) may be sending very bullish signals at...
분석 기사 • Nov 21Zett's (TSE:8135) Shareholders Should Assess Earnings With CautionWe didn't see Zett Corporation's ( TSE:8135 ) stock surge when it reported robust earnings recently. We decided to have...
New Risk • Nov 16New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 37% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥9.04b market cap, or US$58.5m).
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥10.68 (vs JP¥18.19 in 1Q 2025)First quarter 2026 results: EPS: JP¥10.68 (down from JP¥18.19 in 1Q 2025). Revenue: JP¥14.5b (up 6.9% from 1Q 2025). Net income: JP¥209.0m (down 41% from 1Q 2025). Profit margin: 1.4% (down from 2.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
분석 기사 • May 23Zett's (TSE:8135) Promising Earnings May Rest On Soft FoundationsZett Corporation ( TSE:8135 ) announced strong profits, but the stock was stagnant. We did some digging, and we found...
Reported Earnings • May 21Full year 2025 earnings released: EPS: JP¥153 (vs JP¥41.38 in FY 2024)Full year 2025 results: EPS: JP¥153 (up from JP¥41.38 in FY 2024). Revenue: JP¥55.3b (up 6.5% from FY 2024). Net income: JP¥2.99b (up 269% from FY 2024). Profit margin: 5.4% (up from 1.6% in FY 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공시 • May 15Zett Corporation, Annual General Meeting, Jun 26, 2025Zett Corporation, Annual General Meeting, Jun 26, 2025.
New Risk • Mar 30New 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 5.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥8.46b market cap, or US$56.5m).
공시 • Mar 29+ 3 more updatesZett Corporation to Report Q3, 2026 Results on Feb 13, 2026Zett Corporation announced that they will report Q3, 2026 results on Feb 13, 2026
Upcoming Dividend • Mar 21Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 1.4% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.8%).
Reported Earnings • Feb 15Third quarter 2025 earnings released: EPS: JP¥107 (vs JP¥5.52 in 3Q 2024)Third quarter 2025 results: EPS: JP¥107 (up from JP¥5.52 in 3Q 2024). Revenue: JP¥12.7b (up 6.9% from 3Q 2024). Net income: JP¥2.10b (up JP¥1.99b from 3Q 2024). Profit margin: 17% (up from 0.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
공시 • Oct 31BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd. BS Investment Corporation Completed the acquisition of remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders on October 29, 2024.
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥18.19 (vs JP¥13.59 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.19 (up from JP¥13.59 in 1Q 2024). Revenue: JP¥13.5b (up 3.7% from 1Q 2024). Net income: JP¥356.0m (up 34% from 1Q 2024). Profit margin: 2.6% (up from 2.0% 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 10% per year whereas the company’s share price has increased by 9% per year.
공시 • Aug 06BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion.BS Investment Corporation proposed to acquire remaining 55.6% stake in Descente Ltd. (TSE:8114) from a group of shareholders for approximately ¥180 billion on August 5, 2024. A cash consideration of ¥182.62 billion will be paid by BS Investment Corporation at a price of ¥4,350 per share. The transaction is subject to minimum tender of 16,793,700 shares. The transaction is subject to approval of merger agreement by board of Descente and subject to antitrust regulations. Nomura Securities Co., Ltd. acted as financial advisor for BS Investment Corporation. Nagashima Ohno & Tsunematsu acted as legal advisor for BS Investment Corporation. Mori Hamada & Matsumoto LPC acted as legal advisor for Descente Ltd. Daiwa Securities Co. Ltd. acted as financial advisor for Descente Ltd. Anderson Mori & Tomotsune LPC acted as legal advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as financial advisor for Descente Ltd. Plutus Consulting Co., Ltd. acted as due diligence provider for Descente Ltd. Daiwa Securities Co. Ltd. acted as fairness opinion provider for Descente Ltd.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥260, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 10x in the Retail Distributors industry in Japan. Total loss to shareholders of 5.4% over the past three years.
분석 기사 • Aug 02It's A Story Of Risk Vs Reward With Zett Corporation (TSE:8135)When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 15x, you may consider Zett...
Reported Earnings • May 11Full year 2024 earnings released: EPS: JP¥41.38 (vs JP¥46.24 in FY 2023)Full year 2024 results: EPS: JP¥41.38 (down from JP¥46.24 in FY 2023). Revenue: JP¥52.0b (up 4.1% from FY 2023). Net income: JP¥810.0m (down 11% from FY 2023). Profit margin: 1.6% (down from 1.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • May 11Zett Corporation, Annual General Meeting, Jun 27, 2024Zett Corporation, Annual General Meeting, Jun 27, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.4%).
공시 • Mar 13+ 3 more updatesZett Corporation to Report Q3, 2025 Results on Feb 13, 2025Zett Corporation announced that they will report Q3, 2025 results on Feb 13, 2025
Reported Earnings • Feb 10Third quarter 2024 earnings released: EPS: JP¥5.52 (vs JP¥0.46 in 3Q 2023)Third quarter 2024 results: EPS: JP¥5.52 (up from JP¥0.46 in 3Q 2023). Revenue: JP¥11.9b (flat on 3Q 2023). Net income: JP¥108.0m (up JP¥99.0m from 3Q 2023). Profit margin: 0.9% (up from 0.1% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: JP¥8.79 (vs JP¥8.99 in 2Q 2023)Second quarter 2024 results: EPS: JP¥8.79 (down from JP¥8.99 in 2Q 2023). Revenue: JP¥13.1b (up 3.2% from 2Q 2023). Net income: JP¥172.0m (down 2.3% from 2Q 2023). Profit margin: 1.3% (down from 1.4% 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 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11First quarter 2024 earnings released: EPS: JP¥13.59 (vs JP¥16.45 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.59 (down from JP¥16.45 in 1Q 2023). Revenue: JP¥13.1b (up 6.6% from 1Q 2023). Net income: JP¥266.0m (down 17% from 1Q 2023). Profit margin: 2.0% (down from 2.6% 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 72% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14Full year 2023 earnings released: EPS: JP¥46.23 (vs JP¥36.94 in FY 2022)Full year 2023 results: EPS: JP¥46.23 (up from JP¥36.94 in FY 2022). Revenue: JP¥49.9b (up 11% from FY 2022). Net income: JP¥905.0m (up 25% from FY 2022). Profit margin: 1.8% (up from 1.6% 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 74% 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 13Zett Corporation, Annual General Meeting, Jun 29, 2023Zett Corporation, Annual General Meeting, Jun 29, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per share at 2.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 5.1% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥319, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 88% over the past three years.
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: JP¥0.46 (vs JP¥4.39 in 3Q 2022)Third quarter 2023 results: EPS: JP¥0.46 (down from JP¥4.39 in 3Q 2022). Revenue: JP¥11.8b (up 11% from 3Q 2022). Net income: JP¥9.00m (down 90% from 3Q 2022). Profit margin: 0.1% (down from 0.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% 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 • Nov 16Second quarter 2023 earnings released: EPS: JP¥8.99 (vs JP¥5.88 in 2Q 2022)Second quarter 2023 results: EPS: JP¥8.99 (up from JP¥5.88 in 2Q 2022). Revenue: JP¥12.7b (up 14% from 2Q 2022). Net income: JP¥176.0m (up 53% from 2Q 2022). Profit margin: 1.4% (up from 1.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Hitoshi Kuwayama was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Second quarter 2023 earnings released: EPS: JP¥8.99 (vs JP¥5.88 in 2Q 2022)Second quarter 2023 results: EPS: JP¥8.99 (up from JP¥5.88 in 2Q 2022). Revenue: JP¥12.7b (up 14% from 2Q 2022). Net income: JP¥176.0m (up 53% from 2Q 2022). Profit margin: 1.4% (up from 1.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: JP¥16.45 (vs JP¥13.23 in 1Q 2022)First quarter 2023 results: EPS: JP¥16.45 (up from JP¥13.23 in 1Q 2022). Revenue: JP¥12.2b (up 7.1% from 1Q 2022). Net income: JP¥322.0m (up 24% from 1Q 2022). Profit margin: 2.6% (up from 2.3% in 1Q 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.
Reported Earnings • May 15Full year 2022 earnings released: EPS: JP¥36.94 (vs JP¥5.57 in FY 2021)Full year 2022 results: EPS: JP¥36.94 (up from JP¥5.57 in FY 2021). Revenue: JP¥44.8b (up 19% from FY 2021). Net income: JP¥723.0m (up JP¥614.0m from FY 2021). Profit margin: 1.6% (up from 0.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year.
공시 • May 14Zett Corporation, Annual General Meeting, Jun 29, 2022Zett Corporation, Annual General Meeting, Jun 29, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Outside Director Hitoshi Kuwayama was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 08+ 3 more updatesZett Corporation to Report Q3, 2023 Results on Feb 09, 2023Zett Corporation announced that they will report Q3, 2023 results on Feb 09, 2023
Upcoming Dividend • Mar 23Upcoming dividend of JP¥5.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.4%).
Reported Earnings • Feb 12Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥4.39 (down from JP¥10.17 in 3Q 2021). Revenue: JP¥10.6b (up 5.3% from 3Q 2021). Net income: JP¥86.0m (down 57% from 3Q 2021). Profit margin: 0.8% (down from 2.0% in 3Q 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 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS JP¥5.88 (vs JP¥6.44 in 2Q 2021)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥11.1b (up 5.3% from 2Q 2021). Net income: JP¥115.0m (down 8.7% from 2Q 2021). Profit margin: 1.0% (down from 1.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 09First quarter 2022 earnings released: EPS JP¥13.23 (vs JP¥17.63 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.4b (up 78% from 1Q 2021). Net income: JP¥259.0m (up JP¥604.0m from 1Q 2021). Profit margin: 2.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 23% share price gain to JP¥380, the stock trades at a trailing P/E ratio of 68.2x. Average trailing P/E is 12x in the Retail Distributors industry in Japan. Total returns to shareholders of 60% over the past three years.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 37% share price gain to JP¥341, the stock trades at a trailing P/E ratio of 61.2x. Average trailing P/E is 13x in the Retail Distributors industry in Japan. Total returns to shareholders of 52% over the past three years.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥5.57 (vs JP¥10.68 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥37.6b (down 10% from FY 2020). Net income: JP¥109.0m (down 48% from FY 2020). Profit margin: 0.3% (down from 0.5% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 24New 90-day high: JP¥230The company is up 18% from its price of JP¥195 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 2.0% over the same period.
Reported Earnings • Feb 12Third quarter 2021 earnings released: EPS JP¥10.17 (vs JP¥5.77 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¥10.1b (up 7.4% from 3Q 2020). Net income: JP¥199.0m (up JP¥312.0m from 3Q 2020). Profit margin: 2.0% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Dec 23New 90-day high: JP¥217The company is up 14% from its price of JP¥191 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Dec 07New 90-day high: JP¥203The company is up 5.0% from its price of JP¥193 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is up 2.0% over the same period.
공시 • Nov 26Zett Corporation (TSE:8135) agreed to acquire Sportswear Wholesale Business of Ben-General Corp.Zett Corporation (TSE:8135) agreed to acquire Sportswear Wholesale Business of Ben-General Corp on November 25, 2020. The directors and employees of Ben-General in connection with the Business who have been interviewed and have agreed to transfer to Zett under the terms and conditions of employment offered by Zett will be transferred after the Transfer Date. The deal is expected to be completed by April 1, 2021. The impact on the consolidated business results for the current fiscal year is insignificant and will not change from the business forecast announced in the Notice of Business Forecast for the fiscal year ending March 31, 2021 on July 15, 2020
