View Future GrowthBuffalo 과거 순이익 실적과거 기준 점검 3/6Buffalo의 수입은 연평균 -3.7%의 비율로 감소해 온 반면, Tech 산업은 수입이 연평균 5.7% 증가했습니다. 매출은 연평균 1%의 비율로 감소해 왔습니다. Buffalo의 자기자본이익률은 18.8%이고 순이익률은 6.9%입니다.핵심 정보-3.72%순이익 성장률8.79%주당순이익(EPS) 성장률Tech 산업 성장률12.12%매출 성장률-0.97%자기자본이익률18.77%순이익률6.88%다음 순이익 업데이트06 Aug 2026최근 과거 실적 업데이트공시 • Jun 04Buffalo Inc. to Report Q1, 2027 Results on Aug 06, 2026Buffalo Inc. announced that they will report Q1, 2027 results on Aug 06, 2026분석 기사 • May 21Buffalo's (TSE:6676) Profits May Not Reveal Underlying IssuesBuffalo Inc.'s ( TSE:6676 ) robust recent earnings didn't do much to move the stock. We think this is due to investors...Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥640 (up from JP¥192 in FY 2025). Revenue: JP¥117.3b (down 18% from FY 2025). Net income: JP¥8.07b (up 34% from FY 2025). Profit margin: 6.9% (up from 4.2% in FY 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • May 10Buffalo Inc. to Report Fiscal Year 2026 Results on May 14, 2026Buffalo Inc. announced that they will report fiscal year 2026 results on May 14, 2026Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥186 (vs JP¥151 in 3Q 2025)Third quarter 2026 results: EPS: JP¥186. Revenue: JP¥30.3b (down 15% from 3Q 2025). Net income: JP¥2.24b (down 2.4% from 3Q 2025). Profit margin: 7.4% (up from 6.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%.공시 • Dec 03Buffalo Inc. to Report Q3, 2026 Results on Feb 12, 2026Buffalo Inc. announced that they will report Q3, 2026 results on Feb 12, 2026모든 업데이트 보기Recent updates공시 • Jun 04Buffalo Inc. to Report Q1, 2027 Results on Aug 06, 2026Buffalo Inc. announced that they will report Q1, 2027 results on Aug 06, 2026공시 • May 29Buffalo Inc. (TSE:6676) announces an Equity Buyback for 4,000,000 shares, representing 16.89% for ¥11,200 million.Buffalo Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 16.9% of its issued share capital (excluding treasury stock), for a total purchase price of ¥11,200 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on April 30, 2027. As of April 30, 2026, the company had 23,681,058 issued shares (excluding treasury stock) and 318,942 treasury shares.분석 기사 • May 21Buffalo's (TSE:6676) Profits May Not Reveal Underlying IssuesBuffalo Inc.'s ( TSE:6676 ) robust recent earnings didn't do much to move the stock. We think this is due to investors...Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥640 (up from JP¥192 in FY 2025). Revenue: JP¥117.3b (down 18% from FY 2025). Net income: JP¥8.07b (up 34% from FY 2025). Profit margin: 6.9% (up from 4.2% in FY 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • May 14Buffalo Inc., Annual General Meeting, Jun 25, 2026Buffalo Inc., Annual General Meeting, Jun 25, 2026.공시 • May 10Buffalo Inc. to Report Fiscal Year 2026 Results on May 14, 2026Buffalo Inc. announced that they will report fiscal year 2026 results on May 14, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).분석 기사 • Feb 16Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00Buffalo Inc. ( TSE:6676 ) will pay a dividend of ¥60.00 on the 9th of June. This means that the annual payment will be...Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥186 (vs JP¥151 in 3Q 2025)Third quarter 2026 results: EPS: JP¥186. Revenue: JP¥30.3b (down 15% from 3Q 2025). Net income: JP¥2.24b (down 2.4% from 3Q 2025). Profit margin: 7.4% (up from 6.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥5,420, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 247% over the past three years.Major Estimate Revision • Dec 06Consensus EPS estimates increase by 52%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥354 to JP¥538. Revenue forecast steady at JP¥112.0b. Net income forecast to shrink 42% next year vs 4.3% growth forecast for Tech industry in Japan . Consensus price target up from JP¥3,700 to JP¥4,900. Share price fell 4.6% to JP¥4,810 over the past week.분석 기사 • Dec 05Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00The board of Buffalo Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 9th of...Declared Dividend • Dec 05First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 60% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.공시 • Dec 03Buffalo Inc. to Report Q3, 2026 Results on Feb 12, 2026Buffalo Inc. announced that they will report Q3, 2026 results on Feb 12, 2026분석 기사 • Nov 19We Think Buffalo's (TSE:6676) Healthy Earnings Might Be ConservativeShareholders appeared to be happy with Buffalo Inc.'s ( TSE:6676 ) solid earnings report last week. Looking deeper at...Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥183 (vs JP¥73.64 in 2Q 2025)Second quarter 2026 results: EPS: JP¥183 (up from JP¥73.64 in 2Q 2025). Revenue: JP¥28.7b (down 24% from 2Q 2025). Net income: JP¥2.31b (up 103% from 2Q 2025). Profit margin: 8.0% (up from 3.0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. 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 16% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 13Improved Earnings Required Before Buffalo Inc. (TSE:6676) Stock's 27% Jump Looks JustifiedBuffalo Inc. ( TSE:6676 ) shareholders have had their patience rewarded with a 27% share price jump in the last month...Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥4,395, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 193% over the past three years.Major Estimate Revision • Oct 01Consensus EPS estimates increase by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥106.0b to JP¥111.2b. EPS estimate increased from JP¥217 to JP¥354 per share. Net income forecast to shrink 43% next year vs 13% growth forecast for Tech industry in Japan . Consensus price target up from JP¥2,500 to JP¥3,700. Share price rose 2.3% to JP¥3,635 over the past week.Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).공시 • Sep 03Buffalo Inc. to Report Q2, 2026 Results on Nov 12, 2025Buffalo Inc. announced that they will report Q2, 2026 results on Nov 12, 2025Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 41%After last week's 41% share price gain to JP¥3,580, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 121% over the past three years.분석 기사 • Aug 12Buffalo Inc. (TSE:6676) Stock Catapults 32% Though Its Price And Business Still Lag The MarketTSE:6676 1 Year Share Price vs Fair Value Explore Buffalo's Fair Values from the Community and select yours Buffalo...Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥165 (vs JP¥48.13 in 1Q 2025)First quarter 2026 results: EPS: JP¥165 (up from JP¥48.13 in 1Q 2025). Revenue: JP¥31.4b (down 13% from 1Q 2025). Net income: JP¥2.31b (up 187% from 1Q 2025). Profit margin: 7.4% (up from 2.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. A fall of 59% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.공시 • Jun 05Buffalo Inc. to Report Q1, 2026 Results on Aug 08, 2025Buffalo Inc. announced that they will report Q1, 2026 results on Aug 08, 2025분석 기사 • May 14Why Buffalo's (TSE:6676) Earnings Are Better Than They SeemBuffalo Inc.'s ( TSE:6676 ) solid earnings announcement recently didn't do much to the stock price. We did some...Reported Earnings • May 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥384 (up from JP¥180 in FY 2024). Revenue: JP¥143.2b (down 1.8% from FY 2024). Net income: JP¥6.01b (up 99% from FY 2024). Profit margin: 4.2% (up from 2.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 18% per year.공시 • May 07Buffalo Inc., Annual General Meeting, Jun 25, 2025Buffalo Inc., Annual General Meeting, Jun 25, 2025.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,816, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Tech industry in Japan. Total loss to shareholders of 1.8% over the past three years.Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).공시 • Mar 11Melco Holdings Inc. to Report Fiscal Year 2025 Results on May 07, 2025Melco Holdings Inc. announced that they will report fiscal year 2025 results on May 07, 2025Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥151 (vs JP¥45.33 in 3Q 2024)Third quarter 2025 results: EPS: JP¥151 (up from JP¥45.33 in 3Q 2024). Revenue: JP¥35.7b (down 8.6% from 3Q 2024). Net income: JP¥2.29b (up 202% from 3Q 2024). Profit margin: 6.4% (up from 1.9% in 3Q 2024). Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. 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 (7.4% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥2,705, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 47% over the past three years.공시 • Feb 12Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,800,000 shares, representing 18.41% for ¥7,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 18.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of January 31, 2025, the company had 15,205,607 issued shares (excluding treasury stock) and 94,393 treasury shares.공시 • Jan 03Melco Holdings Inc. to Report Q3, 2025 Results on Feb 12, 2025Melco Holdings Inc. announced that they will report Q3, 2025 results on Feb 12, 2025Reported Earnings • Nov 16Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥38.0b (up 7.7% from 2Q 2024). Net income: JP¥1.14b (up 57% from 2Q 2024). Profit margin: 3.0% (up from 2.1% in 2Q 2024). Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%.공시 • Nov 14+ 2 more updatesMelco Holdings Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Melco Holdings Inc. provided dividend guidance for the fiscal Year ending March 31, 2025. For the period, Company expects dividend of JPY 40.00 per share against JPY 60.00 per share paid a year ago.Declared Dividend • Nov 14Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 81%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 49% over the next 3 years. Since a fall of 32% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.Board Change • Oct 15Less 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. 7 non-independent directors. Outside Independent Director Shogo Kimura was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Sep 27New 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 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorates as stock falls 40%After last week's 40% share price decline to JP¥2,280, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 45% over the past three years.Upcoming Dividend • Sep 20Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%).분석 기사 • Sep 19Optimistic Investors Push Melco Holdings Inc. (TSE:6676) Shares Up 26% But Growth Is LackingMelco Holdings Inc. ( TSE:6676 ) shareholders would be excited to see that the share price has had a great month...분석 기사 • Sep 16Melco Holdings (TSE:6676) Will Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...공시 • Sep 11Melco Holdings Inc. to Report Q2, 2025 Results on Nov 12, 2024Melco Holdings Inc. announced that they will report Q2, 2025 results on Nov 12, 2024분석 기사 • Sep 02Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,525, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Tech industry in Japan. Total loss to shareholders of 22% over the past three years.분석 기사 • Aug 18Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥48.13 (vs JP¥32.65 in 1Q 2024)First quarter 2025 results: EPS: JP¥48.13 (up from JP¥32.65 in 1Q 2024). Revenue: JP¥35.9b (up 3.3% from 1Q 2024). Net income: JP¥804.0m (up 46% from 1Q 2024). Profit margin: 2.2% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.분석 기사 • Aug 05Melco Holdings Inc. (TSE:6676) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyThe Melco Holdings Inc. ( TSE:6676 ) share price has fared very poorly over the last month, falling by a substantial...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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 Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥2,515, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total loss to shareholders of 53% over the past three years.분석 기사 • Jul 26Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...분석 기사 • Jul 11Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th of December...Declared Dividend • Jul 11Final dividend of JP¥60.00 announcedDividend of JP¥60.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 2 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jul 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.분석 기사 • May 21Melco Holdings' (TSE:6676) Profits May Not Reveal Underlying IssuesMelco Holdings Inc.'s ( TSE:6676 ) healthy profit numbers didn't contain any surprises for investors. We believe that...Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥180 (down from JP¥181 in FY 2023). Revenue: JP¥145.8b (up 2.2% from FY 2023). Net income: JP¥3.01b (down 1.5% from FY 2023). Profit margin: 2.1% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 88%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • May 15Melco Holdings Inc., Annual General Meeting, Jun 26, 2024Melco Holdings Inc., Annual General Meeting, Jun 26, 2024.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥3,860, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 8.7% over the past three years.공시 • May 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,000,000 shares, representing 11.97% for ¥8,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 11.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥8,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of March 31, 2024, the company had 16,704,347 issued shares (excluding treasury stock) and 233,526 treasury shares.공시 • Apr 14Melco Holdings Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. revised consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 145,000 million compared to JPY 148,000 million as previously announced, operating profit of JPY 1,900 million compared to JPY 1,800 million as previously announced and profit attributable to owners of parent of JPY 2,300 million compared to JPY 1,200 million or as previously announced and Earnings per share of 137.00 per share compared to JPY 71.57 per share as previously announced. The Company has revised its consolidated earnings forecasts for the full fiscal year ending March 31, 2024, in consideration of the recording as extraordinary income of gain on sale of shares of subsidiaries and associates of approximately ¥2.0 billion resulting from the transfer of SAISON INFORMATION s shares, the recording of income tax expense including a review of deferred tax assets, and recent business trends.분석 기사 • Mar 28Returns On Capital Signal Difficult Times Ahead For Melco Holdings (TSE:6676)If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.5%).New Risk • Mar 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).분석 기사 • Mar 06Melco Holdings (TSE:6676) Is Paying Out A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 10th...공시 • Mar 06Melco Holdings Inc. to Report Fiscal Year 2024 Results on May 13, 2024Melco Holdings Inc. announced that they will report fiscal year 2024 results on May 13, 2024Buy Or Sell Opportunity • Mar 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to JP¥3,185. The fair value is estimated to be JP¥4,006, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.공시 • Feb 16+ 1 more updateMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 148,000 million, operating profit of JPY 1,800 million, profit attributable to owners of parent of JPY 1,200 million and earnings per share of JPY 71.57.Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: JP¥45.32 (vs JP¥23.17 in 3Q 2023)Third quarter 2024 results: EPS: JP¥45.32 (up from JP¥23.17 in 3Q 2023). Revenue: JP¥39.0b (up 1.4% from 3Q 2023). Net income: JP¥758.0m (up 94% from 3Q 2023). Profit margin: 1.9% (up from 1.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Feb 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to JP¥3,160. The fair value is estimated to be JP¥3,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.공시 • Dec 07Melco Holdings Inc. to Report Q3, 2024 Results on Feb 13, 2024Melco Holdings Inc. announced that they will report Q3, 2024 results on Feb 13, 2024Reported Earnings • Nov 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: JP¥43.17 (down from JP¥62.17 in 2Q 2023). Revenue: JP¥35.3b (up 2.7% from 2Q 2023). Net income: JP¥725.0m (down 31% from 2Q 2023). Profit margin: 2.1% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 62%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).공시 • Sep 03Melco Holdings Inc. to Report Q2, 2024 Results on Nov 13, 2023Melco Holdings Inc. announced that they will report Q2, 2024 results on Nov 13, 2023Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥32.65 (vs JP¥67.62 in 1Q 2023)First quarter 2024 results: EPS: JP¥32.65 (down from JP¥67.62 in 1Q 2023). Revenue: JP¥34.7b (up 1.2% from 1Q 2023). Net income: JP¥550.0m (down 52% from 1Q 2023). Profit margin: 1.6% (down from 3.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공시 • Jun 10Melco Holdings Inc. to Report Q1, 2024 Results on Aug 09, 2023Melco Holdings Inc. announced that they will report Q1, 2024 results on Aug 09, 2023공시 • May 17Melco Holdings Inc., Annual General Meeting, Jun 26, 2023Melco Holdings Inc., Annual General Meeting, Jun 26, 2023.Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥181 (down from JP¥584 in FY 2022). Revenue: JP¥142.6b (down 1.1% from FY 2022). Net income: JP¥3.06b (down 67% from FY 2022). Profit margin: 2.1% (down from 6.5% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.1%).공시 • Feb 17+ 1 more updateMelco Holdings Inc. Provides Year End Dividend for the Year Ending March 31, 2023Melco Holdings Inc. provided year end dividend for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects to pay year end dividend of JPY 60.00 per share compared to JPY 60.00 per share paid a year ago.Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: JP¥23.17 (vs JP¥131 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.17 (down from JP¥131 in 3Q 2022). Revenue: JP¥38.5b (up 2.2% from 3Q 2022). Net income: JP¥391.0m (down 81% from 3Q 2022). Profit margin: 1.0% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • Feb 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 1,000,000 shares, representing 5.93% for ¥3,500 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The purpose of the program is to enhance the shareholder returns, to improve capital efficiency and to implement a capital policy that responds to changes in the business environment. The program will expire on February 13, 2024. As of December 31, 2022, the company had 16,873,367 issued shares (excluding treasury stock) and 1,064,506 treasury shares.공시 • Nov 30Melco Holdings Inc. to Report Q3, 2023 Results on Jan 30, 2023Melco Holdings Inc. announced that they will report Q3, 2023 results on Jan 30, 2023공시 • Nov 25+ 2 more updatesMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 150,000 million, operating profit of JPY 6,500 million and profit attributable to owners of parent of JPY 5,000 million or 296.32 per share.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Jun Kamiya was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥3,917, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to decline by 13% in the next 2 years.Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 22 November 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).공시 • Sep 01Melco Holdings Inc. to Report Q2, 2023 Results on Oct 28, 2022Melco Holdings Inc. announced that they will report Q2, 2023 results on Oct 28, 2022매출 및 비용 세부 내역Buffalo가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:6676 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비31 Mar 26117,3128,07121,156031 Dec 25124,0328,62622,420030 Sep 25129,3768,68025,252030 Jun 25138,6607,50827,213031 Mar 25143,1706,00629,094031 Dec 24146,2805,21030,195030 Sep 24149,6193,67931,804030 Jun 24146,9023,26631,923031 Mar 24145,7733,01232,112031 Dec 23144,4662,50932,766030 Sep 23143,9192,14232,204030 Jun 23142,9982,46632,088031 Mar 23142,5763,05731,407031 Dec 22143,5274,75231,670030 Sep 22142,7016,45431,920030 Jun 22142,3598,00531,702031 Mar 22144,1379,34631,263031 Dec 21141,6938,66230,658030 Sep 21137,7488,87129,385030 Jun 21135,8318,40527,528031 Mar 21129,9126,62526,456031 Dec 20123,6434,87824,378030 Sep 20119,2813,17623,890030 Jun 20118,0242,76223,904031 Mar 20114,8883,13923,732031 Dec 19113,1443,30023,317030 Sep 19111,9093,80122,577030 Jun 19109,3613,70222,697031 Mar 19108,9933,80222,734031 Dec 18101,5725,10920,898030 Sep 1891,9695,34119,092030 Jun 1881,1785,10416,379031 Mar 1872,3195,16413,826031 Dec 1772,1344,26313,451030 Sep 1774,0844,57113,173030 Jun 1774,2444,38012,991031 Mar 1774,5584,38912,744031 Dec 1675,5384,97112,861030 Sep 1676,9314,60912,698030 Jun 1678,7094,05612,909031 Mar 1680,0403,73513,102031 Dec 1582,3523,62313,305030 Sep 1582,9933,48013,600030 Jun 1582,2653,17113,8490양질의 수익: 6676의 비현금 수익 수준이 높습니다.이익 마진 증가: 6676의 현재 순 이익률 (6.9%)은 지난해 (4.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 6676의 수익은 지난 5년 동안 연평균 3.7% 감소했습니다.성장 가속화: 지난 1년간 6676 의 수익 증가율(34.4%)은 연간 평균(-3.7%)을 초과합니다.수익 대 산업: 6676의 지난 1년 수익 증가율(34.4%)은 Tech 업계의 21.8%를 상회했습니다.자기자본이익률높은 ROE: 6676의 자본 수익률(18.8%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/05 06:02종가2026/06/05 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 소스Buffalo Inc.는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullDaiwa Securities Co. Ltd.Satoshi SakaeDaiwa Securities Co. Ltd.Koichi HariyaIchiyoshi Research Institute Inc.4명의 분석가 더 보기
공시 • Jun 04Buffalo Inc. to Report Q1, 2027 Results on Aug 06, 2026Buffalo Inc. announced that they will report Q1, 2027 results on Aug 06, 2026
분석 기사 • May 21Buffalo's (TSE:6676) Profits May Not Reveal Underlying IssuesBuffalo Inc.'s ( TSE:6676 ) robust recent earnings didn't do much to move the stock. We think this is due to investors...
Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥640 (up from JP¥192 in FY 2025). Revenue: JP¥117.3b (down 18% from FY 2025). Net income: JP¥8.07b (up 34% from FY 2025). Profit margin: 6.9% (up from 4.2% in FY 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • May 10Buffalo Inc. to Report Fiscal Year 2026 Results on May 14, 2026Buffalo Inc. announced that they will report fiscal year 2026 results on May 14, 2026
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥186 (vs JP¥151 in 3Q 2025)Third quarter 2026 results: EPS: JP¥186. Revenue: JP¥30.3b (down 15% from 3Q 2025). Net income: JP¥2.24b (down 2.4% from 3Q 2025). Profit margin: 7.4% (up from 6.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%.
공시 • Dec 03Buffalo Inc. to Report Q3, 2026 Results on Feb 12, 2026Buffalo Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
공시 • Jun 04Buffalo Inc. to Report Q1, 2027 Results on Aug 06, 2026Buffalo Inc. announced that they will report Q1, 2027 results on Aug 06, 2026
공시 • May 29Buffalo Inc. (TSE:6676) announces an Equity Buyback for 4,000,000 shares, representing 16.89% for ¥11,200 million.Buffalo Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 16.9% of its issued share capital (excluding treasury stock), for a total purchase price of ¥11,200 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on April 30, 2027. As of April 30, 2026, the company had 23,681,058 issued shares (excluding treasury stock) and 318,942 treasury shares.
분석 기사 • May 21Buffalo's (TSE:6676) Profits May Not Reveal Underlying IssuesBuffalo Inc.'s ( TSE:6676 ) robust recent earnings didn't do much to move the stock. We think this is due to investors...
Reported Earnings • May 18Full year 2026 earnings: EPS and revenues exceed analyst expectationsFull year 2026 results: EPS: JP¥640 (up from JP¥192 in FY 2025). Revenue: JP¥117.3b (down 18% from FY 2025). Net income: JP¥8.07b (up 34% from FY 2025). Profit margin: 6.9% (up from 4.2% in FY 2025). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • May 14Buffalo Inc., Annual General Meeting, Jun 25, 2026Buffalo Inc., Annual General Meeting, Jun 25, 2026.
공시 • May 10Buffalo Inc. to Report Fiscal Year 2026 Results on May 14, 2026Buffalo Inc. announced that they will report fiscal year 2026 results on May 14, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 09 June 2026. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.1%).
분석 기사 • Feb 16Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00Buffalo Inc. ( TSE:6676 ) will pay a dividend of ¥60.00 on the 9th of June. This means that the annual payment will be...
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: JP¥186 (vs JP¥151 in 3Q 2025)Third quarter 2026 results: EPS: JP¥186. Revenue: JP¥30.3b (down 15% from 3Q 2025). Net income: JP¥2.24b (down 2.4% from 3Q 2025). Profit margin: 7.4% (up from 6.4% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.4% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.7%.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥5,420, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 247% over the past three years.
Major Estimate Revision • Dec 06Consensus EPS estimates increase by 52%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥354 to JP¥538. Revenue forecast steady at JP¥112.0b. Net income forecast to shrink 42% next year vs 4.3% growth forecast for Tech industry in Japan . Consensus price target up from JP¥3,700 to JP¥4,900. Share price fell 4.6% to JP¥4,810 over the past week.
분석 기사 • Dec 05Buffalo (TSE:6676) Has Affirmed Its Dividend Of ¥60.00The board of Buffalo Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 9th of...
Declared Dividend • Dec 05First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 30th March 2026 Payment date: 9th June 2026 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 60% over the next 3 years. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range.
공시 • Dec 03Buffalo Inc. to Report Q3, 2026 Results on Feb 12, 2026Buffalo Inc. announced that they will report Q3, 2026 results on Feb 12, 2026
분석 기사 • Nov 19We Think Buffalo's (TSE:6676) Healthy Earnings Might Be ConservativeShareholders appeared to be happy with Buffalo Inc.'s ( TSE:6676 ) solid earnings report last week. Looking deeper at...
Reported Earnings • Nov 15Second quarter 2026 earnings released: EPS: JP¥183 (vs JP¥73.64 in 2Q 2025)Second quarter 2026 results: EPS: JP¥183 (up from JP¥73.64 in 2Q 2025). Revenue: JP¥28.7b (down 24% from 2Q 2025). Net income: JP¥2.31b (up 103% from 2Q 2025). Profit margin: 8.0% (up from 3.0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. 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 16% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 13Improved Earnings Required Before Buffalo Inc. (TSE:6676) Stock's 27% Jump Looks JustifiedBuffalo Inc. ( TSE:6676 ) shareholders have had their patience rewarded with a 27% share price jump in the last month...
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 23%After last week's 23% share price gain to JP¥4,395, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 193% over the past three years.
Major Estimate Revision • Oct 01Consensus EPS estimates increase by 63%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥106.0b to JP¥111.2b. EPS estimate increased from JP¥217 to JP¥354 per share. Net income forecast to shrink 43% next year vs 13% growth forecast for Tech industry in Japan . Consensus price target up from JP¥2,500 to JP¥3,700. Share price rose 2.3% to JP¥3,635 over the past week.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 04 December 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.9%).
공시 • Sep 03Buffalo Inc. to Report Q2, 2026 Results on Nov 12, 2025Buffalo Inc. announced that they will report Q2, 2026 results on Nov 12, 2025
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 41%After last week's 41% share price gain to JP¥3,580, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 121% over the past three years.
분석 기사 • Aug 12Buffalo Inc. (TSE:6676) Stock Catapults 32% Though Its Price And Business Still Lag The MarketTSE:6676 1 Year Share Price vs Fair Value Explore Buffalo's Fair Values from the Community and select yours Buffalo...
Reported Earnings • Aug 09First quarter 2026 earnings released: EPS: JP¥165 (vs JP¥48.13 in 1Q 2025)First quarter 2026 results: EPS: JP¥165 (up from JP¥48.13 in 1Q 2025). Revenue: JP¥31.4b (down 13% from 1Q 2025). Net income: JP¥2.31b (up 187% from 1Q 2025). Profit margin: 7.4% (up from 2.2% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is expected to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 09Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 29th September 2025 Payment date: 4th December 2025 Dividend yield will be 4.4%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 59% over the next 3 years. A fall of 59% would increase the payout ratio to a potentially unsustainable range, which means the dividend may be at risk.
공시 • Jun 05Buffalo Inc. to Report Q1, 2026 Results on Aug 08, 2025Buffalo Inc. announced that they will report Q1, 2026 results on Aug 08, 2025
분석 기사 • May 14Why Buffalo's (TSE:6676) Earnings Are Better Than They SeemBuffalo Inc.'s ( TSE:6676 ) solid earnings announcement recently didn't do much to the stock price. We did some...
Reported Earnings • May 08Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥384 (up from JP¥180 in FY 2024). Revenue: JP¥143.2b (down 1.8% from FY 2024). Net income: JP¥6.01b (up 99% from FY 2024). Profit margin: 4.2% (up from 2.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.7%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Tech industry in Japan are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 18% per year.
공시 • May 07Buffalo Inc., Annual General Meeting, Jun 25, 2025Buffalo Inc., Annual General Meeting, Jun 25, 2025.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,816, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Tech industry in Japan. Total loss to shareholders of 1.8% over the past three years.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 June 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
공시 • Mar 11Melco Holdings Inc. to Report Fiscal Year 2025 Results on May 07, 2025Melco Holdings Inc. announced that they will report fiscal year 2025 results on May 07, 2025
Reported Earnings • Feb 14Third quarter 2025 earnings released: EPS: JP¥151 (vs JP¥45.33 in 3Q 2024)Third quarter 2025 results: EPS: JP¥151 (up from JP¥45.33 in 3Q 2024). Revenue: JP¥35.7b (down 8.6% from 3Q 2024). Net income: JP¥2.29b (up 202% from 3Q 2024). Profit margin: 6.4% (up from 1.9% in 3Q 2024). Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 26% per year for the foreseeable future. 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 (7.4% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 26%After last week's 26% share price gain to JP¥2,705, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Tech industry in Japan. Total returns to shareholders of 47% over the past three years.
공시 • Feb 12Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,800,000 shares, representing 18.41% for ¥7,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,800,000 shares, representing 18.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥7,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of January 31, 2025, the company had 15,205,607 issued shares (excluding treasury stock) and 94,393 treasury shares.
공시 • Jan 03Melco Holdings Inc. to Report Q3, 2025 Results on Feb 12, 2025Melco Holdings Inc. announced that they will report Q3, 2025 results on Feb 12, 2025
Reported Earnings • Nov 16Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: JP¥38.0b (up 7.7% from 2Q 2024). Net income: JP¥1.14b (up 57% from 2Q 2024). Profit margin: 3.0% (up from 2.1% in 2Q 2024). Revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Tech industry in Japan are expected to grow by 2.5%.
공시 • Nov 14+ 2 more updatesMelco Holdings Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025Melco Holdings Inc. provided dividend guidance for the fiscal Year ending March 31, 2025. For the period, Company expects dividend of JPY 40.00 per share against JPY 60.00 per share paid a year ago.
Declared Dividend • Nov 14Dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 11th June 2025 Dividend yield will be 81%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 49% over the next 3 years. Since a fall of 32% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
Board Change • Oct 15Less 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. 7 non-independent directors. Outside Independent Director Shogo Kimura was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Sep 27New 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 14% 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 Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorates as stock falls 40%After last week's 40% share price decline to JP¥2,280, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 45% over the past three years.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 05 December 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%).
분석 기사 • Sep 19Optimistic Investors Push Melco Holdings Inc. (TSE:6676) Shares Up 26% But Growth Is LackingMelco Holdings Inc. ( TSE:6676 ) shareholders would be excited to see that the share price has had a great month...
분석 기사 • Sep 16Melco Holdings (TSE:6676) Will Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...
공시 • Sep 11Melco Holdings Inc. to Report Q2, 2025 Results on Nov 12, 2024Melco Holdings Inc. announced that they will report Q2, 2025 results on Nov 12, 2024
분석 기사 • Sep 02Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥3,525, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Tech industry in Japan. Total loss to shareholders of 22% over the past three years.
분석 기사 • Aug 18Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th...
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: JP¥48.13 (vs JP¥32.65 in 1Q 2024)First quarter 2025 results: EPS: JP¥48.13 (up from JP¥32.65 in 1Q 2024). Revenue: JP¥35.9b (up 3.3% from 1Q 2024). Net income: JP¥804.0m (up 46% from 1Q 2024). Profit margin: 2.2% (up from 1.6% in 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
분석 기사 • Aug 05Melco Holdings Inc. (TSE:6676) Shares May Have Slumped 27% But Getting In Cheap Is Still UnlikelyThe Melco Holdings Inc. ( TSE:6676 ) share price has fared very poorly over the last month, falling by a substantial...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.4% 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 Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥2,515, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Tech industry in Japan. Total loss to shareholders of 53% over the past three years.
분석 기사 • Jul 26Melco Holdings' (TSE:6676) Dividend Will Be ¥60.00Melco Holdings Inc.'s ( TSE:6676 ) investors are due to receive a payment of ¥60.00 per share on 5th of December. This...
분석 기사 • Jul 11Melco Holdings (TSE:6676) Is Due To Pay A Dividend Of ¥60.00Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 5th of December...
Declared Dividend • Jul 11Final dividend of JP¥60.00 announcedDividend of JP¥60.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 5th December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 49% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jul 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
분석 기사 • May 21Melco Holdings' (TSE:6676) Profits May Not Reveal Underlying IssuesMelco Holdings Inc.'s ( TSE:6676 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Reported Earnings • May 16Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥180 (down from JP¥181 in FY 2023). Revenue: JP¥145.8b (up 2.2% from FY 2023). Net income: JP¥3.01b (down 1.5% from FY 2023). Profit margin: 2.1% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 88%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • May 15Melco Holdings Inc., Annual General Meeting, Jun 26, 2024Melco Holdings Inc., Annual General Meeting, Jun 26, 2024.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥3,860, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Tech industry in Japan. Total loss to shareholders of 8.7% over the past three years.
공시 • May 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 2,000,000 shares, representing 11.97% for ¥8,000 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 11.97% of its issued share capital (excluding treasury stock), for a total purchase price of ¥8,000 million. The purpose of the program is to strengthen shareholder returns, improve capital efficiency, and implement flexible capital policies in response to changes in the business environment. The program will expire on May 13, 2025. As of March 31, 2024, the company had 16,704,347 issued shares (excluding treasury stock) and 233,526 treasury shares.
공시 • Apr 14Melco Holdings Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. revised consolidated earnings guidance for the year ending March 31, 2024. For the year ending March 31, 2024, the company expects net sales of JPY 145,000 million compared to JPY 148,000 million as previously announced, operating profit of JPY 1,900 million compared to JPY 1,800 million as previously announced and profit attributable to owners of parent of JPY 2,300 million compared to JPY 1,200 million or as previously announced and Earnings per share of 137.00 per share compared to JPY 71.57 per share as previously announced. The Company has revised its consolidated earnings forecasts for the full fiscal year ending March 31, 2024, in consideration of the recording as extraordinary income of gain on sale of shares of subsidiaries and associates of approximately ¥2.0 billion resulting from the transfer of SAISON INFORMATION s shares, the recording of income tax expense including a review of deferred tax assets, and recent business trends.
분석 기사 • Mar 28Returns On Capital Signal Difficult Times Ahead For Melco Holdings (TSE:6676)If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.5%).
New Risk • Mar 13New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% 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 Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (5.2% increase in shares outstanding).
분석 기사 • Mar 06Melco Holdings (TSE:6676) Is Paying Out A Dividend Of ¥60.00The board of Melco Holdings Inc. ( TSE:6676 ) has announced that it will pay a dividend of ¥60.00 per share on the 10th...
공시 • Mar 06Melco Holdings Inc. to Report Fiscal Year 2024 Results on May 13, 2024Melco Holdings Inc. announced that they will report fiscal year 2024 results on May 13, 2024
Buy Or Sell Opportunity • Mar 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to JP¥3,185. The fair value is estimated to be JP¥4,006, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.
공시 • Feb 16+ 1 more updateMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2024. For the year, the company expects net sales of JPY 148,000 million, operating profit of JPY 1,800 million, profit attributable to owners of parent of JPY 1,200 million and earnings per share of JPY 71.57.
Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: JP¥45.32 (vs JP¥23.17 in 3Q 2023)Third quarter 2024 results: EPS: JP¥45.32 (up from JP¥23.17 in 3Q 2023). Revenue: JP¥39.0b (up 1.4% from 3Q 2023). Net income: JP¥758.0m (up 94% from 3Q 2023). Profit margin: 1.9% (up from 1.0% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Feb 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.7% to JP¥3,160. The fair value is estimated to be JP¥3,963, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has declined by 34%.
공시 • Dec 07Melco Holdings Inc. to Report Q3, 2024 Results on Feb 13, 2024Melco Holdings Inc. announced that they will report Q3, 2024 results on Feb 13, 2024
Reported Earnings • Nov 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: JP¥43.17 (down from JP¥62.17 in 2Q 2023). Revenue: JP¥35.3b (up 2.7% from 2Q 2023). Net income: JP¥725.0m (down 31% from 2Q 2023). Profit margin: 2.1% (down from 3.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 62%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.7%).
공시 • Sep 03Melco Holdings Inc. to Report Q2, 2024 Results on Nov 13, 2023Melco Holdings Inc. announced that they will report Q2, 2024 results on Nov 13, 2023
Reported Earnings • Aug 10First quarter 2024 earnings released: EPS: JP¥32.65 (vs JP¥67.62 in 1Q 2023)First quarter 2024 results: EPS: JP¥32.65 (down from JP¥67.62 in 1Q 2023). Revenue: JP¥34.7b (up 1.2% from 1Q 2023). Net income: JP¥550.0m (down 52% from 1Q 2023). Profit margin: 1.6% (down from 3.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공시 • Jun 10Melco Holdings Inc. to Report Q1, 2024 Results on Aug 09, 2023Melco Holdings Inc. announced that they will report Q1, 2024 results on Aug 09, 2023
공시 • May 17Melco Holdings Inc., Annual General Meeting, Jun 26, 2023Melco Holdings Inc., Annual General Meeting, Jun 26, 2023.
Reported Earnings • May 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥181 (down from JP¥584 in FY 2022). Revenue: JP¥142.6b (down 1.1% from FY 2022). Net income: JP¥3.06b (down 67% from FY 2022). Profit margin: 2.1% (down from 6.5% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 1.7% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥60.00 per share at 3.8% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (3.1%).
공시 • Feb 17+ 1 more updateMelco Holdings Inc. Provides Year End Dividend for the Year Ending March 31, 2023Melco Holdings Inc. provided year end dividend for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects to pay year end dividend of JPY 60.00 per share compared to JPY 60.00 per share paid a year ago.
Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: JP¥23.17 (vs JP¥131 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.17 (down from JP¥131 in 3Q 2022). Revenue: JP¥38.5b (up 2.2% from 3Q 2022). Net income: JP¥391.0m (down 81% from 3Q 2022). Profit margin: 1.0% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Tech industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • Feb 14Melco Holdings Inc. (TSE:6676) announces an Equity Buyback for 1,000,000 shares, representing 5.93% for ¥3,500 million.Melco Holdings Inc. (TSE:6676) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.93% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The purpose of the program is to enhance the shareholder returns, to improve capital efficiency and to implement a capital policy that responds to changes in the business environment. The program will expire on February 13, 2024. As of December 31, 2022, the company had 16,873,367 issued shares (excluding treasury stock) and 1,064,506 treasury shares.
공시 • Nov 30Melco Holdings Inc. to Report Q3, 2023 Results on Jan 30, 2023Melco Holdings Inc. announced that they will report Q3, 2023 results on Jan 30, 2023
공시 • Nov 25+ 2 more updatesMelco Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Melco Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects net sales of JPY 150,000 million, operating profit of JPY 6,500 million and profit attributable to owners of parent of JPY 5,000 million or 296.32 per share.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Jun Kamiya was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Buying Opportunity • Sep 26Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be JP¥3,917, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 47%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to decline by 13% in the next 2 years.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥60.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 22 November 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.8%).
공시 • Sep 01Melco Holdings Inc. to Report Q2, 2023 Results on Oct 28, 2022Melco Holdings Inc. announced that they will report Q2, 2023 results on Oct 28, 2022