View Financial HealthCrops 배당 및 자사주 매입배당 기준 점검 4/6Crops 수익으로 충분히 충당되는 현재 수익률 1.91% 보유한 배당금 지급 회사입니다. 다음 지급일은 22nd June, 2026 이며 배당락일은 다음과 같습니다. 30th March, 2026.핵심 정보1.9%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률11.5%다음 배당 지급일22 Jun 26배당락일30 Mar 26주당 배당금n/a배당 성향15%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.6%).Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).모든 업데이트 보기Recent updates분석 기사 • May 22Some May Be Optimistic About Crops' (TSE:9428) EarningsThe market for Crops Corporation's ( TSE:9428 ) shares didn't move much after it posted weak earnings recently. Our...Reported Earnings • May 17Full year 2026 earnings released: EPS: JP¥97.93 (vs JP¥105 in FY 2025)Full year 2026 results: EPS: JP¥97.93 (down from JP¥105 in FY 2025). Revenue: JP¥67.5b (up 9.6% from FY 2025). Net income: JP¥926.0m (down 6.6% from FY 2025). Profit margin: 1.4% (down from 1.6% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • May 13Crops Corporation, Annual General Meeting, Jun 19, 2026Crops Corporation, Annual General Meeting, Jun 19, 2026.공시 • May 10Crops Corporation to Report Fiscal Year 2026 Results on May 13, 2026Crops Corporation announced that they will report fiscal year 2026 results on May 13, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥69.90 (vs JP¥28.87 in 3Q 2025)Third quarter 2026 results: EPS: JP¥69.90 (up from JP¥28.87 in 3Q 2025). Revenue: JP¥17.4b (up 8.5% from 3Q 2025). Net income: JP¥661.0m (up 142% from 3Q 2025). Profit margin: 3.8% (up from 1.7% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.New Risk • Feb 09New 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 6.1% 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 Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥15.2b market cap, or US$97.4m).Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,570, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 48% over the past three years.공시 • Jan 06+ 1 more updateCrops Corporation (TSE:9428) entered into a business acquisition agreement to acquire au Shop and UQ Spot Operation Business from Subsc Co., Ltd.Crops Corporation (TSE:9428) entered into a business acquisition agreement to acquire au Shop and UQ Spot Operation Business from Subsc Co., Ltd. on December 16, 2025. The expected completion of the transaction is March 1, 2026.분석 기사 • Nov 20Crops' (TSE:9428) Strong Earnings Are Of Good QualityInvestors were underwhelmed by the solid earnings posted by Crops Corporation ( TSE:9428 ) recently. We have done some...Reported Earnings • Nov 17Second quarter 2026 earnings released: JP¥33.74 loss per share (vs JP¥25.91 profit in 2Q 2025)Second quarter 2026 results: JP¥33.74 loss per share (down from JP¥25.91 profit in 2Q 2025). Revenue: JP¥15.5b (up 2.1% from 2Q 2025). Net loss: JP¥319.0m (down 230% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.분석 기사 • Sep 01Does Crops (TSE:9428) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥31.62 (vs JP¥14.49 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥31.62 (up from JP¥14.49 loss in 1Q 2025). Revenue: JP¥15.7b (up 12% from 1Q 2025). Net income: JP¥299.0m (up JP¥436.0m from 1Q 2025). Profit margin: 1.9% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. 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 20% per year, which means it is well ahead of earnings.분석 기사 • Jul 28Optimistic Investors Push Crops Corporation (TSE:9428) Shares Up 26% But Growth Is LackingDespite an already strong run, Crops Corporation ( TSE:9428 ) shares have been powering on, with a gain of 26% in the...New Risk • Jul 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥13.9b market cap, or US$93.3m).Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥1,465, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 67% over the past three years.Reported Earnings • Jun 27Full year 2025 earnings released: EPS: JP¥105 (vs JP¥128 in FY 2024)Full year 2025 results: EPS: JP¥105 (down from JP¥128 in FY 2024). Revenue: JP¥61.6b (up 13% from FY 2024). Net income: JP¥991.0m (down 18% from FY 2024). Profit margin: 1.6% (down from 2.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.분석 기사 • May 20We Think You Can Look Beyond Crops' (TSE:9428) Lackluster EarningsCrops Corporation's ( TSE:9428 ) stock was strong despite it releasing a soft earnings report last week. However, we...Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥105 (vs JP¥128 in FY 2024)Full year 2025 results: EPS: JP¥105 (down from JP¥128 in FY 2024). Revenue: JP¥61.6b (up 13% from FY 2024). Net income: JP¥991.0m (down 18% from FY 2024). Profit margin: 1.6% (down from 2.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • May 13Crops Corporation, Annual General Meeting, Jun 20, 2025Crops Corporation, Annual General Meeting, Jun 20, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).공시 • Mar 01+ 2 more updatesCrops Corporation to Report Q1, 2026 Results on Aug 08, 2025Crops Corporation announced that they will report Q1, 2026 results on Aug 08, 2025Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥28.87 (vs JP¥43.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥28.87 (down from JP¥43.36 in 3Q 2024). Revenue: JP¥16.1b (up 13% from 3Q 2024). Net income: JP¥273.0m (down 33% from 3Q 2024). Profit margin: 1.7% (down from 2.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.분석 기사 • Feb 06Crops (TSE:9428) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Nov 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.2% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (JP¥9.53b market cap, or US$61.7m).Reported Earnings • Aug 14First quarter 2025 earnings released: JP¥14.49 loss per share (vs JP¥24.32 profit in 1Q 2024)First quarter 2025 results: JP¥14.49 loss per share (down from JP¥24.32 profit in 1Q 2024). Revenue: JP¥14.0b (up 11% from 1Q 2024). Net loss: JP¥137.0m (down 160% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥884, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 13x in the Specialty Retail industry in Japan. Negligible returns to shareholders over past three years.Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥128 (vs JP¥129 in FY 2023)Full year 2024 results: EPS: JP¥128. Revenue: JP¥54.5b (up 13% from FY 2023). Net income: JP¥1.21b (up 2.6% from FY 2023). Profit margin: 2.2% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses.공시 • Jun 02+ 2 more updatesCrops Corporation to Report Q2, 2025 Results on Nov 14, 2024Crops Corporation announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • May 18Full year 2024 earnings released: EPS: JP¥128 (vs JP¥129 in FY 2023)Full year 2024 results: EPS: JP¥128. Revenue: JP¥54.5b (up 13% from FY 2023). Net income: JP¥1.21b (up 2.6% from FY 2023). Profit margin: 2.2% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses.공시 • May 16Crops Corporation, Annual General Meeting, Jun 21, 2024Crops Corporation, Annual General Meeting, Jun 21, 2024.New Risk • May 14New 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 (2.2% net profit margin). Market cap is less than US$100m (JP¥10.2b market cap, or US$65.2m).New Risk • Mar 26New 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 (2.2% net profit margin). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥10.9b market cap, or US$71.8m).Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%).공시 • Mar 02Crops Corporation to Report Fiscal Year 2024 Results on May 14, 2024Crops Corporation announced that they will report fiscal year 2024 results on May 14, 2024Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: JP¥43.36 (vs JP¥43.60 in 3Q 2023)Third quarter 2024 results: EPS: JP¥43.36. Revenue: JP¥14.2b (up 13% from 3Q 2023). Net income: JP¥410.0m (up 4.1% from 3Q 2023). Profit margin: 2.9% (down from 3.1% in 3Q 2023). The decrease in margin was driven by higher expenses.공시 • Nov 27Crops Corporation to Report Q3, 2024 Results on Feb 05, 2024Crops Corporation announced that they will report Q3, 2024 results on Feb 05, 2024Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥39.23 (vs JP¥24.46 in 2Q 2023)Second quarter 2024 results: EPS: JP¥39.23 (up from JP¥24.46 in 2Q 2023). Revenue: JP¥13.4b (up 22% from 2Q 2023). Net income: JP¥371.0m (up 68% from 2Q 2023). Profit margin: 2.8% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.New Risk • Oct 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 5.4% 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: 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 (5.4% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥8.94b market cap, or US$59.7m).공시 • Sep 12Crops Corporation to Report Q2, 2024 Results on Nov 06, 2023Crops Corporation announced that they will report Q2, 2024 results on Nov 06, 2023New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 3.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.0% net profit margin). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥9.30b market cap, or US$64.8m).Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥24.32 (vs JP¥45.49 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.32 (down from JP¥45.49 in 1Q 2023). Revenue: JP¥12.6b (up 8.9% from 1Q 2023). Net income: JP¥230.0m (down 44% from 1Q 2023). Profit margin: 1.8% (down from 3.6% 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 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.New Risk • Jul 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥9.30b market cap, or US$66.9m).Reported Earnings • Jun 21Full year 2023 earnings released: EPS: JP¥129 (vs JP¥163 in FY 2022)Full year 2023 results: EPS: JP¥129 (down from JP¥163 in FY 2022). Revenue: JP¥48.4b (up 6.8% from FY 2022). Net income: JP¥1.18b (down 20% from FY 2022). Profit margin: 2.4% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% 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 • May 17Full year 2023 earnings released: EPS: JP¥129 (vs JP¥163 in FY 2022)Full year 2023 results: EPS: JP¥129 (down from JP¥163 in FY 2022). Revenue: JP¥48.4b (up 6.8% from FY 2022). Net income: JP¥1.18b (down 20% from FY 2022). Profit margin: 2.4% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% 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 14Crops Corporation, Annual General Meeting, Jun 16, 2023Crops Corporation, Annual General Meeting, Jun 16, 2023.Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,306, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total returns to shareholders of 184% over the past three years.Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥43.60 (vs JP¥36.85 in 3Q 2022)Third quarter 2023 results: EPS: JP¥43.60 (up from JP¥36.85 in 3Q 2022). Revenue: JP¥12.6b (up 9.7% from 3Q 2022). Net income: JP¥394.0m (up 18% from 3Q 2022). Profit margin: 3.1% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Feb 01Crops Corporation announced that it has received ¥433.86 million in funding from KDDI CorporationOn January 31, 2023, Crops Corporation closed the transaction.공시 • Dec 08Crops Corporation announced that it expects to receive ¥433.86 million in funding from KDDI CorporationCrops Corporation announced that it will issue 420,000 common shares at issue price of ¥1033 per share for an aggregate gross proceeds of ¥433,860,000 on December 7, 2022. The transaction will include participation from KDDI Corporation. The transaction is expected to close on January 31, 2023. The company issues shares through third-party allotment. The transaction has been approved by the board of directors of the company.공시 • Dec 04Crops Corporation to Report Q3, 2023 Results on Feb 03, 2023Crops Corporation announced that they will report Q3, 2023 results on Feb 03, 2023Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 4 independent directors (8 non-independent directors). Independent External Director Keisuke Sugiura was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥24.46 (vs JP¥32.87 in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.46 (down from JP¥32.87 in 2Q 2022). Revenue: JP¥11.0b (flat on 2Q 2022). Net income: JP¥221.0m (down 26% from 2Q 2022). Profit margin: 2.0% (down from 2.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Sep 03Crops Corporation to Report Q2, 2023 Results on Nov 04, 2022Crops Corporation announced that they will report Q2, 2023 results on Nov 04, 2022Reported Earnings • Aug 08First quarter 2023 earnings released: EPS: JP¥45.48 (vs JP¥40.17 in 1Q 2022)First quarter 2023 results: EPS: JP¥45.48 (up from JP¥40.17 in 1Q 2022). Revenue: JP¥11.6b (up 11% from 1Q 2022). Net income: JP¥411.0m (up 13% from 1Q 2022). Profit margin: 3.6% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공시 • Jun 29Crops Corporation to Report Q1, 2023 Results on Aug 05, 2022Crops Corporation announced that they will report Q1, 2023 results on Aug 05, 2022Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥163 (vs JP¥92.44 in FY 2021)Full year 2022 results: EPS: JP¥163 (up from JP¥92.44 in FY 2021). Revenue: JP¥45.3b (up 10% from FY 2021). Net income: JP¥1.48b (up 73% from FY 2021). Profit margin: 3.3% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year.Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥163 (vs JP¥92.44 in FY 2021)Full year 2022 results: EPS: JP¥163 (up from JP¥92.44 in FY 2021). Revenue: JP¥45.3b (up 10% from FY 2021). Net income: JP¥1.48b (up 73% from FY 2021). Profit margin: 3.3% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공시 • May 15Crops Corporation, Annual General Meeting, Jun 17, 2022Crops Corporation, Annual General Meeting, Jun 17, 2022.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (8 non-independent directors). Independent External Director Keisuke Sugiura was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 08Crops Corporation to Report Fiscal Year 2022 Results on May 13, 2022Crops Corporation announced that they will report fiscal year 2022 results on May 13, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.6%).Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥36.85 (down from JP¥37.19 in 3Q 2021). Revenue: JP¥11.4b (up 5.2% from 3Q 2021). Net income: JP¥333.0m (flat on 3Q 2021). Profit margin: 2.9% (down from 3.1% 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 increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥32.87 (vs JP¥31.73 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥10.9b (up 9.1% from 2Q 2021). Net income: JP¥297.0m (up 1.4% from 2Q 2021). Profit margin: 2.7% (down from 2.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 10First quarter 2022 earnings released: EPS JP¥40.17 (vs JP¥31.69 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.4b (up 12% from 1Q 2021). Net income: JP¥363.0m (up 20% from 1Q 2021). Profit margin: 3.5% (up from 3.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 24Full year 2021 earnings released: EPS JP¥92.44 (vs JP¥80.14 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥41.0b (down 4.4% from FY 2020). Net income: JP¥852.0m (up 11% from FY 2020). Profit margin: 2.1% (up from 1.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥92.43 (vs JP¥80.14 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥41.0b (down 4.4% from FY 2020). Net income: JP¥852.0m (up 11% from FY 2020). Profit margin: 2.1% (up from 1.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).Is New 90 Day High Low • Mar 08New 90-day high: JP¥820The company is up 6.0% from its price of JP¥771 on 08 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Specialty Retail industry, which is also up 6.0% over the same period.공시 • Mar 04Crops Corporation to Report Fiscal Year 2021 Results on May 14, 2021Crops Corporation announced that they will report fiscal year 2021 results on May 14, 2021Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS JP¥37.19 (vs JP¥8.55 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥10.9b (down 1.5% from 3Q 2020). Net income: JP¥336.0m (up 310% from 3Q 2020). Profit margin: 3.1% (up from 0.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Dec 23New 90-day low: JP¥734The company is down 1.0% from its price of JP¥742 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 11% over the same period.공시 • Sep 03Crops Corporation to Report Q2, 2021 Results on Nov 04, 2020Crops Corporation announced that they will report Q2, 2021 results on Nov 04, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 9428 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 9428 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Crops 배당 수익률 vs 시장9428의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (9428)1.9%시장 하위 25% (JP)1.7%시장 상위 25% (JP)3.8%업계 평균 (Specialty Retail)1.4%분석가 예측 (9428) (최대 3년)n/a주목할만한 배당금: 9428 의 배당금( 1.91% )은 JP 시장에서 배당금 지급자의 하위 25%( 1.72% )보다 높습니다.고배당: 9428 의 배당금( 1.91% )은 JP 시장에서 배당금 지급자의 상위 25%( 3.75% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 15.1% )이 낮기 때문에 9428 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 8.1% )이 낮기 때문에 9428 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YJP 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/27 21:41종가2026/05/27 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 소스Crops 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.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.6%).
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
분석 기사 • May 22Some May Be Optimistic About Crops' (TSE:9428) EarningsThe market for Crops Corporation's ( TSE:9428 ) shares didn't move much after it posted weak earnings recently. Our...
Reported Earnings • May 17Full year 2026 earnings released: EPS: JP¥97.93 (vs JP¥105 in FY 2025)Full year 2026 results: EPS: JP¥97.93 (down from JP¥105 in FY 2025). Revenue: JP¥67.5b (up 9.6% from FY 2025). Net income: JP¥926.0m (down 6.6% from FY 2025). Profit margin: 1.4% (down from 1.6% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • May 13Crops Corporation, Annual General Meeting, Jun 19, 2026Crops Corporation, Annual General Meeting, Jun 19, 2026.
공시 • May 10Crops Corporation to Report Fiscal Year 2026 Results on May 13, 2026Crops Corporation announced that they will report fiscal year 2026 results on May 13, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 23 June 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).
Reported Earnings • Feb 14Third quarter 2026 earnings released: EPS: JP¥69.90 (vs JP¥28.87 in 3Q 2025)Third quarter 2026 results: EPS: JP¥69.90 (up from JP¥28.87 in 3Q 2025). Revenue: JP¥17.4b (up 8.5% from 3Q 2025). Net income: JP¥661.0m (up 142% from 3Q 2025). Profit margin: 3.8% (up from 1.7% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
New Risk • Feb 09New 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 6.1% 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 Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥15.2b market cap, or US$97.4m).
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to JP¥1,570, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 48% over the past three years.
공시 • Jan 06+ 1 more updateCrops Corporation (TSE:9428) entered into a business acquisition agreement to acquire au Shop and UQ Spot Operation Business from Subsc Co., Ltd.Crops Corporation (TSE:9428) entered into a business acquisition agreement to acquire au Shop and UQ Spot Operation Business from Subsc Co., Ltd. on December 16, 2025. The expected completion of the transaction is March 1, 2026.
분석 기사 • Nov 20Crops' (TSE:9428) Strong Earnings Are Of Good QualityInvestors were underwhelmed by the solid earnings posted by Crops Corporation ( TSE:9428 ) recently. We have done some...
Reported Earnings • Nov 17Second quarter 2026 earnings released: JP¥33.74 loss per share (vs JP¥25.91 profit in 2Q 2025)Second quarter 2026 results: JP¥33.74 loss per share (down from JP¥25.91 profit in 2Q 2025). Revenue: JP¥15.5b (up 2.1% from 2Q 2025). Net loss: JP¥319.0m (down 230% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
분석 기사 • Sep 01Does Crops (TSE:9428) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥31.62 (vs JP¥14.49 loss in 1Q 2025)First quarter 2026 results: EPS: JP¥31.62 (up from JP¥14.49 loss in 1Q 2025). Revenue: JP¥15.7b (up 12% from 1Q 2025). Net income: JP¥299.0m (up JP¥436.0m from 1Q 2025). Profit margin: 1.9% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. 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 20% per year, which means it is well ahead of earnings.
분석 기사 • Jul 28Optimistic Investors Push Crops Corporation (TSE:9428) Shares Up 26% But Growth Is LackingDespite an already strong run, Crops Corporation ( TSE:9428 ) shares have been powering on, with a gain of 26% in the...
New Risk • Jul 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥13.9b market cap, or US$93.3m).
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improves as stock rises 27%After last week's 27% share price gain to JP¥1,465, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 14x in the Specialty Retail industry in Japan. Total returns to shareholders of 67% over the past three years.
Reported Earnings • Jun 27Full year 2025 earnings released: EPS: JP¥105 (vs JP¥128 in FY 2024)Full year 2025 results: EPS: JP¥105 (down from JP¥128 in FY 2024). Revenue: JP¥61.6b (up 13% from FY 2024). Net income: JP¥991.0m (down 18% from FY 2024). Profit margin: 1.6% (down from 2.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
분석 기사 • May 20We Think You Can Look Beyond Crops' (TSE:9428) Lackluster EarningsCrops Corporation's ( TSE:9428 ) stock was strong despite it releasing a soft earnings report last week. However, we...
Reported Earnings • May 17Full year 2025 earnings released: EPS: JP¥105 (vs JP¥128 in FY 2024)Full year 2025 results: EPS: JP¥105 (down from JP¥128 in FY 2024). Revenue: JP¥61.6b (up 13% from FY 2024). Net income: JP¥991.0m (down 18% from FY 2024). Profit margin: 1.6% (down from 2.2% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • May 13Crops Corporation, Annual General Meeting, Jun 20, 2025Crops Corporation, Annual General Meeting, Jun 20, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
공시 • Mar 01+ 2 more updatesCrops Corporation to Report Q1, 2026 Results on Aug 08, 2025Crops Corporation announced that they will report Q1, 2026 results on Aug 08, 2025
Reported Earnings • Feb 16Third quarter 2025 earnings released: EPS: JP¥28.87 (vs JP¥43.36 in 3Q 2024)Third quarter 2025 results: EPS: JP¥28.87 (down from JP¥43.36 in 3Q 2024). Revenue: JP¥16.1b (up 13% from 3Q 2024). Net income: JP¥273.0m (down 33% from 3Q 2024). Profit margin: 1.7% (down from 2.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
분석 기사 • Feb 06Crops (TSE:9428) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Nov 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.2% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (JP¥9.53b market cap, or US$61.7m).
Reported Earnings • Aug 14First quarter 2025 earnings released: JP¥14.49 loss per share (vs JP¥24.32 profit in 1Q 2024)First quarter 2025 results: JP¥14.49 loss per share (down from JP¥24.32 profit in 1Q 2024). Revenue: JP¥14.0b (up 11% from 1Q 2024). Net loss: JP¥137.0m (down 160% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to JP¥884, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 13x in the Specialty Retail industry in Japan. Negligible returns to shareholders over past three years.
Reported Earnings • Jun 28Full year 2024 earnings released: EPS: JP¥128 (vs JP¥129 in FY 2023)Full year 2024 results: EPS: JP¥128. Revenue: JP¥54.5b (up 13% from FY 2023). Net income: JP¥1.21b (up 2.6% from FY 2023). Profit margin: 2.2% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses.
공시 • Jun 02+ 2 more updatesCrops Corporation to Report Q2, 2025 Results on Nov 14, 2024Crops Corporation announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • May 18Full year 2024 earnings released: EPS: JP¥128 (vs JP¥129 in FY 2023)Full year 2024 results: EPS: JP¥128. Revenue: JP¥54.5b (up 13% from FY 2023). Net income: JP¥1.21b (up 2.6% from FY 2023). Profit margin: 2.2% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses.
공시 • May 16Crops Corporation, Annual General Meeting, Jun 21, 2024Crops Corporation, Annual General Meeting, Jun 21, 2024.
New Risk • May 14New 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 (2.2% net profit margin). Market cap is less than US$100m (JP¥10.2b market cap, or US$65.2m).
New Risk • Mar 26New 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 (2.2% net profit margin). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥10.9b market cap, or US$71.8m).
Upcoming Dividend • Mar 21Upcoming dividend of JP¥20.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.3%).
공시 • Mar 02Crops Corporation to Report Fiscal Year 2024 Results on May 14, 2024Crops Corporation announced that they will report fiscal year 2024 results on May 14, 2024
Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: JP¥43.36 (vs JP¥43.60 in 3Q 2023)Third quarter 2024 results: EPS: JP¥43.36. Revenue: JP¥14.2b (up 13% from 3Q 2023). Net income: JP¥410.0m (up 4.1% from 3Q 2023). Profit margin: 2.9% (down from 3.1% in 3Q 2023). The decrease in margin was driven by higher expenses.
공시 • Nov 27Crops Corporation to Report Q3, 2024 Results on Feb 05, 2024Crops Corporation announced that they will report Q3, 2024 results on Feb 05, 2024
Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥39.23 (vs JP¥24.46 in 2Q 2023)Second quarter 2024 results: EPS: JP¥39.23 (up from JP¥24.46 in 2Q 2023). Revenue: JP¥13.4b (up 22% from 2Q 2023). Net income: JP¥371.0m (up 68% from 2Q 2023). Profit margin: 2.8% (up from 2.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 6% per year.
New Risk • Oct 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 5.4% 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: 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 (5.4% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥8.94b market cap, or US$59.7m).
공시 • Sep 12Crops Corporation to Report Q2, 2024 Results on Nov 06, 2023Crops Corporation announced that they will report Q2, 2024 results on Nov 06, 2023
New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 3.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.0% net profit margin). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥9.30b market cap, or US$64.8m).
Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥24.32 (vs JP¥45.49 in 1Q 2023)First quarter 2024 results: EPS: JP¥24.32 (down from JP¥45.49 in 1Q 2023). Revenue: JP¥12.6b (up 8.9% from 1Q 2023). Net income: JP¥230.0m (down 44% from 1Q 2023). Profit margin: 1.8% (down from 3.6% 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 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (JP¥9.30b market cap, or US$66.9m).
Reported Earnings • Jun 21Full year 2023 earnings released: EPS: JP¥129 (vs JP¥163 in FY 2022)Full year 2023 results: EPS: JP¥129 (down from JP¥163 in FY 2022). Revenue: JP¥48.4b (up 6.8% from FY 2022). Net income: JP¥1.18b (down 20% from FY 2022). Profit margin: 2.4% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% 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 • May 17Full year 2023 earnings released: EPS: JP¥129 (vs JP¥163 in FY 2022)Full year 2023 results: EPS: JP¥129 (down from JP¥163 in FY 2022). Revenue: JP¥48.4b (up 6.8% from FY 2022). Net income: JP¥1.18b (down 20% from FY 2022). Profit margin: 2.4% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% 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 14Crops Corporation, Annual General Meeting, Jun 16, 2023Crops Corporation, Annual General Meeting, Jun 16, 2023.
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to JP¥1,306, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 11x in the Specialty Retail industry in Japan. Total returns to shareholders of 184% over the past three years.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥20.00 per share at 1.7% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 20 June 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥43.60 (vs JP¥36.85 in 3Q 2022)Third quarter 2023 results: EPS: JP¥43.60 (up from JP¥36.85 in 3Q 2022). Revenue: JP¥12.6b (up 9.7% from 3Q 2022). Net income: JP¥394.0m (up 18% from 3Q 2022). Profit margin: 3.1% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Feb 01Crops Corporation announced that it has received ¥433.86 million in funding from KDDI CorporationOn January 31, 2023, Crops Corporation closed the transaction.
공시 • Dec 08Crops Corporation announced that it expects to receive ¥433.86 million in funding from KDDI CorporationCrops Corporation announced that it will issue 420,000 common shares at issue price of ¥1033 per share for an aggregate gross proceeds of ¥433,860,000 on December 7, 2022. The transaction will include participation from KDDI Corporation. The transaction is expected to close on January 31, 2023. The company issues shares through third-party allotment. The transaction has been approved by the board of directors of the company.
공시 • Dec 04Crops Corporation to Report Q3, 2023 Results on Feb 03, 2023Crops Corporation announced that they will report Q3, 2023 results on Feb 03, 2023
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 4 independent directors (8 non-independent directors). Independent External Director Keisuke Sugiura was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 06Second quarter 2023 earnings released: EPS: JP¥24.46 (vs JP¥32.87 in 2Q 2022)Second quarter 2023 results: EPS: JP¥24.46 (down from JP¥32.87 in 2Q 2022). Revenue: JP¥11.0b (flat on 2Q 2022). Net income: JP¥221.0m (down 26% from 2Q 2022). Profit margin: 2.0% (down from 2.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Sep 03Crops Corporation to Report Q2, 2023 Results on Nov 04, 2022Crops Corporation announced that they will report Q2, 2023 results on Nov 04, 2022
Reported Earnings • Aug 08First quarter 2023 earnings released: EPS: JP¥45.48 (vs JP¥40.17 in 1Q 2022)First quarter 2023 results: EPS: JP¥45.48 (up from JP¥40.17 in 1Q 2022). Revenue: JP¥11.6b (up 11% from 1Q 2022). Net income: JP¥411.0m (up 13% from 1Q 2022). Profit margin: 3.6% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공시 • Jun 29Crops Corporation to Report Q1, 2023 Results on Aug 05, 2022Crops Corporation announced that they will report Q1, 2023 results on Aug 05, 2022
Reported Earnings • Jun 22Full year 2022 earnings released: EPS: JP¥163 (vs JP¥92.44 in FY 2021)Full year 2022 results: EPS: JP¥163 (up from JP¥92.44 in FY 2021). Revenue: JP¥45.3b (up 10% from FY 2021). Net income: JP¥1.48b (up 73% from FY 2021). Profit margin: 3.3% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year.
Reported Earnings • May 19Full year 2022 earnings released: EPS: JP¥163 (vs JP¥92.44 in FY 2021)Full year 2022 results: EPS: JP¥163 (up from JP¥92.44 in FY 2021). Revenue: JP¥45.3b (up 10% from FY 2021). Net income: JP¥1.48b (up 73% from FY 2021). Profit margin: 3.3% (up from 2.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공시 • May 15Crops Corporation, Annual General Meeting, Jun 17, 2022Crops Corporation, Annual General Meeting, Jun 17, 2022.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (8 non-independent directors). Independent External Director Keisuke Sugiura was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 08Crops Corporation to Report Fiscal Year 2022 Results on May 13, 2022Crops Corporation announced that they will report fiscal year 2022 results on May 13, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.6%).
Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥36.85 (down from JP¥37.19 in 3Q 2021). Revenue: JP¥11.4b (up 5.2% from 3Q 2021). Net income: JP¥333.0m (flat on 3Q 2021). Profit margin: 2.9% (down from 3.1% 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 increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 05Second quarter 2022 earnings released: EPS JP¥32.87 (vs JP¥31.73 in 2Q 2021)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥10.9b (up 9.1% from 2Q 2021). Net income: JP¥297.0m (up 1.4% from 2Q 2021). Profit margin: 2.7% (down from 2.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 10First quarter 2022 earnings released: EPS JP¥40.17 (vs JP¥31.69 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.4b (up 12% from 1Q 2021). Net income: JP¥363.0m (up 20% from 1Q 2021). Profit margin: 3.5% (up from 3.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 24Full year 2021 earnings released: EPS JP¥92.44 (vs JP¥80.14 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥41.0b (down 4.4% from FY 2020). Net income: JP¥852.0m (up 11% from FY 2020). Profit margin: 2.1% (up from 1.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • May 17Full year 2021 earnings released: EPS JP¥92.43 (vs JP¥80.14 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥41.0b (down 4.4% from FY 2020). Net income: JP¥852.0m (up 11% from FY 2020). Profit margin: 2.1% (up from 1.8% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 22 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.1%).
Is New 90 Day High Low • Mar 08New 90-day high: JP¥820The company is up 6.0% from its price of JP¥771 on 08 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Specialty Retail industry, which is also up 6.0% over the same period.
공시 • Mar 04Crops Corporation to Report Fiscal Year 2021 Results on May 14, 2021Crops Corporation announced that they will report fiscal year 2021 results on May 14, 2021
Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS JP¥37.19 (vs JP¥8.55 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥10.9b (down 1.5% from 3Q 2020). Net income: JP¥336.0m (up 310% from 3Q 2020). Profit margin: 3.1% (up from 0.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Dec 23New 90-day low: JP¥734The company is down 1.0% from its price of JP¥742 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 11% over the same period.
공시 • Sep 03Crops Corporation to Report Q2, 2021 Results on Nov 04, 2020Crops Corporation announced that they will report Q2, 2021 results on Nov 04, 2020