Aankondiging • Apr 14
Vector Inc., Annual General Meeting, May 28, 2026 Vector Inc., Annual General Meeting, May 28, 2026. Aankondiging • Feb 20
Wellness Communications Corporation (TSE:366A) agreed to acquire 67.60% stake in ASHITA-TEAM Co., Ltd. from Vector Inc. (TSE:6058) for ¥0.40 million. Wellness Communications Corporation (TSE:366A) agreed to acquire 67.60% stake in ASHITA-TEAM Co., Ltd. from Vector Inc. (TSE:6058) for ¥0.40 million on February 20, 2026. As a result of the share transfer, ASHITA-TEAM will cease to be a consolidated subsidiary of Vector Inc. Vector Inc. plans to transfer the ¥50 million in receivables remaining after the debt forgiveness to Wellness Communications for ¥50 million on the day the share transfer is executed. As part of the acquisition, Hiroyuki Akahane is scheduled to step down as Representative Director of ASHITA-TEAM as of end-February 2026, at which point a new Representative Director will be appointed.
For the period ending February 28, 2025, ASHITA-TEAM Co., Ltd. reported total revenue of ¥2.21 billion, EBIT of ¥129 million and net income of ¥71 million. As of February 28, 2025, ASHITA-TEAM Co., Ltd. reported total assets of ¥1.09 billion and net liabilities of ¥1.59 billion.
The expected completion of the transaction is February 27, 2026. Aankondiging • Jan 21
Vector Inc. to Report Fiscal Year 2026 Results on Apr 14, 2026 Vector Inc. announced that they will report fiscal year 2026 results on Apr 14, 2026 Aankondiging • Jan 14
Vector Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending February 28, 2026 Vector Inc. provided consolidated earnings forecast for the fiscal year ending February 28, 2026. For the year, company expects Net sales to be JPY 63,000 million. Operating profit to be JPY 8,500 million. Profit attributable to owners of parent to be JPY 5,000 million. Earnings per share to be JPY 106.60. Aankondiging • Dec 17
MicroAd, Inc. (TSE:9553) proposed to acquire remaining 30% stake in MicroAd Taiwan, Ltd. from Vector Inc. (TSE:6058) for approximately TWD 120 million. MicroAd, Inc. (TSE:9553) proposed to acquire remaining 30% stake in MicroAd Taiwan, Ltd. from Vector Inc. (TSE:6058) for approximately TWD 120 million recently. A cash consideration of approximately TWD 116.99 million (¥580 million) will be paid by MicroAd, Inc. Upon completion, MicroAd, Inc. will own 100% stake in MicroAd Taiwan, Ltd.
As of December 31, 2024, MicroAd Taiwan, Ltd. reported total assets of TWD 311 million (¥1.521 billion) and total common equity of TWD 240 million (¥1.173 billion).
The expected completion of the transaction is January 31, 2026. Aankondiging • Apr 14
Vector Inc., Annual General Meeting, May 29, 2025 Vector Inc., Annual General Meeting, May 29, 2025. Aankondiging • Jan 29
Vector Inc. to Report Fiscal Year 2025 Results on Apr 14, 2025 Vector Inc. announced that they will report fiscal year 2025 results on Apr 14, 2025 Reported Earnings • Oct 18
Second quarter 2025 earnings released: EPS: JP¥10.02 (vs JP¥2.11 in 2Q 2024) Second quarter 2025 results: EPS: JP¥10.02 (up from JP¥2.11 in 2Q 2024). Revenue: JP¥13.5b (down 2.2% from 2Q 2024). Net income: JP¥470.0m (up 365% from 2Q 2024). Profit margin: 3.5% (up from 0.7% in 2Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Declared Dividend • Oct 17
Dividend of JP¥32.00 announced Shareholders will receive a dividend of JP¥32.00. Ex-date: 27th February 2025 Payment date: 2nd June 2025 Dividend yield will be 552%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 36% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Oct 16
Vector Inc. Revises Consolidated Earnings Forecast for the Fiscal Year Ending February 28, 2025 Vector Inc. revised consolidated earnings forecast for the fiscal year ending February 28, 2025. For the year, company expects Net sales to be JPY 61,000 million compared to previous guidance of JPY 63,000 million. Operating profit to be JPY 8,500 million compared to previous guidance of JPY 8,500 million. Profit attributable to owners of parent to be JPY 5,000 million compared to previous guidance of JPY 5,000 million. Earnings per share to be JPY 106.58 compared to previous guidance of JPY 106.58. Aankondiging • Oct 15
Vector Inc. Revises Dividend Forecast for the Fiscal Year Ending February 28, 2025 Vector Inc. at its board meeting held on October 15, 2024, resolved to change its dividend policy as follows. In addition, the Company also announced that the year-end dividend forecast for the fiscal year ending February 28, 2025, released on April 12, 2024, has been revised as follows due to this change of dividend policy. The company now expects to pay JPY 32 per share as compared to JPY 31 per share previously forecasted. The company paid JPY 29 per share a year ago. Reason for Change: While taking into consideration the maintenance of a sound financial position and the enhancement of internal reserves for aggressive business development, the Company recognizes that returning profits to shareholders is one of the most important management issues. The Company has changed its dividend policy to enhance shareholder returns. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €4.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 34% over the past three years. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% 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 (6.8% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €5.95, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Media industry in Germany. Total loss to shareholders of 21% over the past three years. Reported Earnings • Jul 15
First quarter 2025 earnings released: EPS: JP¥11.70 (vs JP¥15.15 in 1Q 2024) First quarter 2025 results: EPS: JP¥11.70 (down from JP¥15.15 in 1Q 2024). Revenue: JP¥13.9b (down 6.0% from 1Q 2024). Net income: JP¥549.0m (down 24% from 1Q 2024). Profit margin: 4.0% (down from 4.9% in 1Q 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 06
Full year 2024 earnings released: EPS: JP¥98.11 (vs JP¥66.54 in FY 2023) Full year 2024 results: EPS: JP¥98.11 (up from JP¥66.54 in FY 2023). Revenue: JP¥59.2b (up 7.2% from FY 2023). Net income: JP¥4.68b (up 48% from FY 2023). Profit margin: 7.9% (up from 5.7% in FY 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • May 10
Vector Inc. to Report Q1, 2025 Results on Jul 12, 2024 Vector Inc. announced that they will report Q1, 2025 results on Jul 12, 2024 Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: JP¥98.11 (vs JP¥66.54 in FY 2023) Full year 2024 results: EPS: JP¥98.11 (up from JP¥66.54 in FY 2023). Revenue: JP¥59.2b (up 7.2% from FY 2023). Net income: JP¥4.68b (up 48% from FY 2023). Profit margin: 7.9% (up from 5.7% in FY 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Aankondiging • Apr 12
Vector Inc., Annual General Meeting, May 30, 2024 Vector Inc., Annual General Meeting, May 30, 2024. Agenda: To consider payment of dividends of surplus with a record date of February 29, 2024. Aankondiging • Feb 27
Vector Inc. to Report Fiscal Year 2024 Results on Apr 12, 2024 Vector Inc. announced that they will report fiscal year 2024 results on Apr 12, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 28% and the cash payout ratio is 84%. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.7%). Reported Earnings • Jan 15
Third quarter 2024 earnings released: EPS: JP¥45.17 (vs JP¥19.93 in 3Q 2023) Third quarter 2024 results: EPS: JP¥45.17 (up from JP¥19.93 in 3Q 2023). Revenue: JP¥14.9b (up 2.6% from 3Q 2023). Net income: JP¥2.16b (up 128% from 3Q 2023). Profit margin: 15% (up from 6.6% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Germany. Aankondiging • Jan 13
Vector Inc. (TSE:6058) announces an Equity Buyback for 1,000,000 shares, representing 2.08% for ¥1,200 million. Vector Inc. (TSE:6058) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.08% of its issued share capital, for ¥1,200 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, as well as implement flexible capital policies in response to changes in the business environment. The program will be valid till March 29, 2024. As of December 31, 2023, the company has 48,176,100 issued shares (excluding treasury stock) and 262,061 treasury shares. Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: JP¥2.11 (vs JP¥22.70 in 2Q 2023) Second quarter 2024 results: EPS: JP¥2.11 (down from JP¥22.70 in 2Q 2023). Revenue: JP¥13.8b (up 2.0% from 2Q 2023). Net income: JP¥101.0m (down 91% from 2Q 2023). Profit margin: 0.7% (down from 8.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Aankondiging • Aug 31
Vector Inc. (TSE:6058) completed the acquisition of additional 25.071429% stake in Vitabrid Japan Inc. from Hyundai Bioscience Co., Ltd. (KOSDAQ:A048410) Vector Inc. (TSE:6058) agreed to acquire additional 25.071429% stake in Vitabrid Japan Inc. from Hyundai Bioscience Co., Ltd. (KOSDAQ:A048410) for KRW 13.7 billion on August 25, 2022. For the period ended February 28, 2022, Vitabrid Japan reported Total assets of KRW 30 billion, and sales of KRW 106 billion. The acquisition is expected to be closed on August 29, 2022.
Vector Inc. (TSE:6058) completed the acquisition of additional 25.071429% stake in Vitabrid Japan Inc. from Hyundai Bioscience Co., Ltd. (KOSDAQ:A048410) for KRW 13.7 billion on August 31, 2023. Reported Earnings • Jul 17
First quarter 2024 earnings released: EPS: JP¥15.15 (vs JP¥17.54 in 1Q 2023) First quarter 2024 results: EPS: JP¥15.15 (down from JP¥17.54 in 1Q 2023). Revenue: JP¥14.8b (up 12% from 1Q 2023). Net income: JP¥722.0m (down 14% from 1Q 2023). Profit margin: 4.9% (down from 6.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Media industry in Germany. Aankondiging • Jul 13
Vector Inc. (TSE:6058) signed a share transfer agreement to acquire 66.7% stake in Owned Co., Ltd from Sho Ishii, Yasukuni Shinya and others for JPY 490 million. Vector Inc. (TSE:6058) signed a share transfer agreement to acquire 66.7% stake in Owned Co., Ltd from Sho Ishii, Yasukuni Shinya and others for JPY 490 million on July 11, 2023. As part of transaction, 7,756 shares will be acquired. In addition to consideration, agreement has been reached to pay earnout consideration. The transaction is expected to close on July 14, 2023. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥66.54 (vs JP¥43.44 in FY 2022) Full year 2023 results: EPS: JP¥66.54 (up from JP¥43.44 in FY 2022). Revenue: JP¥55.2b (up 17% from FY 2022). Net income: JP¥3.17b (up 53% from FY 2022). Profit margin: 5.7% (up from 4.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: JP¥66.54 (vs JP¥43.44 in FY 2022) Full year 2023 results: EPS: JP¥66.54 (up from JP¥43.44 in FY 2022). Revenue: JP¥55.2b (up 17% from FY 2022). Net income: JP¥3.17b (up 53% from FY 2022). Profit margin: 5.7% (up from 4.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥18.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (7.0%). Reported Earnings • Jan 15
Third quarter 2023 earnings released: EPS: JP¥19.93 (vs JP¥20.81 in 3Q 2022) Third quarter 2023 results: EPS: JP¥19.93 (down from JP¥20.81 in 3Q 2022). Revenue: JP¥14.5b (up 17% from 3Q 2022). Net income: JP¥950.0m (down 4.2% from 3Q 2022). Profit margin: 6.6% (down from 8.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Aankondiging • Dec 17
Vector Inc. (TSE:6058) agreed to acquire Keyword Marketing Co., Ltd. from Hidenori Takii and others for ¥1.1 billion. Vector Inc. (TSE:6058) agreed to acquire Keyword Marketing Co., Ltd. from Hidenori Takii and others for ¥1.1 billion on December 15, 2022. As per transaction, Vector Inc. will acquire 330 shares from Keyword Marketing. For the year ended March 31, 2022, Keyword Marketing reported net worth of ¥369 million, total assets of ¥886 million, sales of ¥2.7 billion, operating income of ¥131 million and net income of ¥91 million. The transaction is expected to complete on December 26, 2022. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 18% share price gain to €9.30, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Media industry in Germany. Negligible returns to shareholders over past year. Simply Wall St's valuation model estimates the intrinsic value at €16.37 per share. Aankondiging • Nov 19
Vector Inc. (TSE:6058) agreed to acquire an additional 76.1% stake in AMI Co., Ltd. Vector Inc. (TSE:6058) agreed to acquire an additional 76.1% stake in AMI Co., Ltd. on November 17, 2022. The transaction is expected to close on November 21, 2022. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent External Director Ryuichi Tomimura was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 16
Second quarter 2023 earnings released: EPS: JP¥22.70 (vs JP¥3.76 in 2Q 2022) Second quarter 2023 results: EPS: JP¥22.70 (up from JP¥3.76 in 2Q 2022). Revenue: JP¥13.5b (up 26% from 2Q 2022). Net income: JP¥1.08b (up JP¥903.0m from 2Q 2022). Profit margin: 8.0% (up from 1.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Aankondiging • Sep 23
Vector Inc. (TSE:6058) agreed to acquire Digital advertising business provided by Terminal Inc. for ¥ 1.1 billion. Vector Inc. (TSE:6058) agreed to acquire Digital advertising business provided by Terminal Inc. for ¥ 1.1 billion on September 22, 2022. Transaction is expected to close on September 30, 2022. Aankondiging • Aug 27
Vector Inc. (TSE:6058) agreed to acquire additional 25.071429% stake in Vitabrid Japan Inc. from Hyundai Bioscience Co., Ltd. (KOSDAQ:A048410) for KRW 13.7 billion. Vector Inc. (TSE:6058) agreed to acquire additional 25.071429% stake in Vitabrid Japan Inc. from Hyundai Bioscience Co., Ltd. (KOSDAQ:A048410) for KRW 13.7 billion on August 25, 2022. For the period ended February 28, 2022, Vitabrid Japan reported Total assets of KRW 30 billion, and sales of KRW 106 billion. The acquisition is expected to be closed on August 31, 2022. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 17% share price gain to €8.35, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Media industry in Germany. Total returns to shareholders of 8.7% over the past year. Reported Earnings • Jul 18
First quarter 2023 earnings released: EPS: JP¥17.54 (vs JP¥9.29 in 1Q 2022) First quarter 2023 results: EPS: JP¥17.54 (up from JP¥9.29 in 1Q 2022). Revenue: JP¥13.1b (up 18% from 1Q 2022). Net income: JP¥836.0m (up 89% from 1Q 2022). Profit margin: 6.4% (up from 4.0% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 9.0% growth forecast for the industry in Germany. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: JP¥43.44 (vs JP¥10.19 in FY 2021) Full year 2022 results: EPS: JP¥43.44 (up from JP¥10.19 in FY 2021). Revenue: JP¥47.4b (up 27% from FY 2021). Net income: JP¥2.07b (up 326% from FY 2021). Profit margin: 4.4% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 6.5% growth forecast for the industry in Germany. Board Change • Apr 28
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent External Director Ryuichi Tomimura was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 16
Vector Inc., Annual General Meeting, May 26, 2022 Vector Inc., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: JP¥43.44 (vs JP¥10.19 in FY 2021) Full year 2022 results: EPS: JP¥43.44 (up from JP¥10.19 in FY 2021). Revenue: JP¥47.4b (up 27% from FY 2021). Net income: JP¥2.07b (up 326% from FY 2021). Profit margin: 4.4% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 12%, compared to a 8.4% growth forecast for the industry in Germany. Aankondiging • Jan 28
Vector Inc. to Report Fiscal Year 2022 Results on Apr 14, 2022 Vector Inc. announced that they will report fiscal year 2022 results on Apr 14, 2022 Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €7.45, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Media industry in Germany. Reported Earnings • Jan 15
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥20.81 (down from JP¥26.37 in 3Q 2021). Revenue: JP¥12.4b (up 25% from 3Q 2021). Net income: JP¥992.0m (down 21% from 3Q 2021). Profit margin: 8.0% (down from 13% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 15%, compared to a 6.5% growth forecast for the industry in Germany. Reported Earnings • Oct 17
Second quarter 2022 earnings released: EPS JP¥3.76 (vs JP¥21.37 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥10.8b (up 24% from 2Q 2021). Net income: JP¥179.0m (up JP¥1.20b from 2Q 2021). Profit margin: 1.7% (up from net loss in 2Q 2021). Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 17% share price gain to €8.80, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Media industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €12.34 per share. Board Change • Jul 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent External Director Ryuichi Tomimura was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 18
First quarter 2022 earnings released: EPS JP¥9.29 (vs JP¥3.42 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.1b (up 24% from 1Q 2021). Net income: JP¥443.0m (up JP¥606.0m from 1Q 2021). Profit margin: 4.0% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS JP¥10.19 (vs JP¥4.20 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥37.3b (up 1.2% from FY 2020). Net income: JP¥486.0m (up JP¥685.0m from FY 2020). Profit margin: 1.3% (up from net loss in FY 2020).