Aankondiging • May 30
Macromill, Inc. to Delist from Prime Section of the Tokyo Stock Exchange, Effective June 17, 2025 Macromill, Inc. will be delisted from Prime Section of the Tokyo Stock Exchange effective from June 17, 2025, due to Reverse stock split. Aankondiging • Mar 18
Macromill, Inc. to Report Q3, 2025 Results on May 15, 2025 Macromill, Inc. announced that they will report Q3, 2025 results on May 15, 2025 Aankondiging • Jan 17
Macromill, Inc. to Report Q2, 2025 Results on Feb 14, 2025 Macromill, Inc. announced that they will report Q2, 2025 results on Feb 14, 2025 New Risk • Nov 16
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 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Share price has been volatile over the past 3 months (7.2% average weekly change). Aankondiging • Nov 15
TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion. TJ1 Co., Ltd. proposed to acquire 96.2% stake in Macromill, Inc. (TSE:3978) for ¥44.8 billion on November 14, 2024. A cash consideration valued at ¥1150 per share will be paid by TJ1 for 38,958,165 shares. The transaction is subject to minimum tender. The expected completion of the transaction is December 26, 2024.
Mizuho Securities Co., Ltd. and Rakuten Securities, Inc. acted as tender offer agent to Macromill. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €5.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Media industry in Germany. Total loss to shareholders of 14% over the past three years. Aankondiging • Oct 16
Macromill, Inc. Launches Advertising Support and Effectiveness Measurement Solutions Using Amazon Marketing Cloud Macromill, Inc. launched an advertising support solution and an advertising effectiveness measurement solution utilizing Amazon Marketing Cloud (AMC), Amazon's data clean room environment. As the importance of privacy protection continues to grow, advertising platforms are advancing the development of "Data Clean Rooms", cloud environments that enable data sharing and analysis while safeguarding user privacy. The company is also working on integrating data with the Data Clean Rooms from various ad platforms to support safe and effective data marketing for the clients. As part of this initiative, have recently completed the integration with AMC, Data Clean Room of Amazon Ads and have begun offering solutions for advertising support and effectiveness measurement on Amazon Ads. By utilizing high-quality consumer data from the proprietary panel, the larger in Japan with 1.3 million panelists, these advertising support and effectiveness measurement solutions mean can deliver and measure advertising on Amazon Ads based on detailed information that was previously unavailable. Macromill Panel Based Audience Targeting Solution for Amazon Ads: By utilizing various data sources, such as insight survey data and behavioral log data, this solution allows for ad delivery to Amazon audiences based on detailed criteria that extends beyond the targeting segments provided by Amazon Ads. This enables audience targeting aligned with a campaign's objectives, allowing ad delivery to better meet the needs and behaviors of the target audience. Advertising Effectiveness Solution for Amazon Ads: Its combine brand lift survey data with AMC's ad exposure data to measure campaign effectiveness through detailed analysis of target attributes aligned with the campaign's objectives. This allows for a more in-depth review of the campaign, providing insights that can be leveraged for continuous planning. This solution supports not only Amazon Ads but also cross-media ad effectiveness measurement. The Macromill is transforming into a Professional Marketing Services Company to help solve marketing challenges and will continue to offer innovative products based on various data obtained from consumer panels to spread innovations throughout the marketing business industry. Declared Dividend • Oct 10
Final dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 27th December 2024 Payment date: 4th March 2025 Dividend yield will be 362%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 33% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 73% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Sep 30
Macromill, Inc. to Report Q1, 2025 Results on Nov 14, 2024 Macromill, Inc. announced that they will report Q1, 2025 results on Nov 14, 2024 Aankondiging • Sep 26
Macromill, Inc. Approves Committee Changes Macromill, Inc. announced it has decided the following changes, at the Annual General Meeting of Shareholders and board of directors meeting held on September 25, 2024. Yukiko Nakagawa- New Title: Outside Director Compensation Committee member, Audit Committee member, Current Title: Outside Director Compensation Committee member, Nomination Committee member, Yuji Shiga- New Title: Outside Director Nomination Committee member, Audit Committee member, Current Title- Outside Director Nomination Committee member, Compensation Committee member, Audit Committee member, Kimitake Ito- New Title: Outside Director Nomination Committee member, Compensation Committee member, Current Title: Outside Director Nomination Committee member, Kovari Krecsmary Szilvia- New Title: Outside Director Nomination Committee member, Compensation Committee member, Current Title: Outside Director Audit Committee member, Tsuyoshi Nishitani- New Title: Outside Director Audit Committee member. Reported Earnings • Aug 17
Full year 2024 earnings released: EPS: JP¥60.18 (vs JP¥45.19 in FY 2023) Full year 2024 results: EPS: JP¥60.18 (up from JP¥45.19 in FY 2023). Revenue: JP¥43.9b (up 8.0% from FY 2023). Net income: JP¥2.29b (up 28% from FY 2023). Profit margin: 5.2% (up from 4.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 2 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 fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €4.02, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 25% over the past three years. Aankondiging • Jun 26
Macromill, Inc. to Report Fiscal Year 2024 Results on Aug 14, 2024 Macromill, Inc. announced that they will report fiscal year 2024 results on Aug 14, 2024 Aankondiging • Jun 14
Macromill Launches Google Certified ADH Cross-Media Measurement Solution "Accessmill Connected" Macromill, Inc. has launched "AccessMill Connected" a service designed to facilitate the cross-media measurement of advertising effectiveness between YouTube ads and TV commercials. AccessMill Connected will optimize media planning across YouTube and TV. With one of the consumer panels in Japan and high quality as standard, Macromill is ideally placed to deliver detailed analysis of campaign effectiveness. The company has 230,000 panelists for YouTube ads and 30,000 for cross-media measurement. The scale and high quality of the Macromill panel enables detail analysis of campaign effectiveness. Privacy law changes have created the need for a sustainable way to measure advertising effectiveness after the phasing outs of third-party cookies and identifiers as a conventional ad measurement method. In December 2023, Macromill was certified by Google as a third-party measurement partner for YouTube ad brand lift and began providing YouTube ad effectiveness measurement solutions (*1). Today, with the cooperation of Google, Macromill has launched "AccessMill Connected" to provide cross-media measurement of advertising effectiveness between YouTube ads and TV commercials. Cross-media measurement of YouTube and TV ad effectiveness: As a Google-certified YouTube third-party measurement partner, the ad effectiveness measurement solution uses the Google Ads Data Hub (ADH). This allows advertisers to measure the advertising effectiveness of YouTube ads and TV commercials in a cross-media way, without relying on third- party cookies or ad identifiers. The solution was developed with the cooperation of Google. Measurement on all devices including connected TV: The solution can measure a wide range of devices, including smartphones, PCs, tablets, and connected TVs, which are in high demand. Event log-based measurement: Only third-party measurement partners of "Google Ads Data Hub" (ADH) can measure at the event log level (user actions). This cannot be measured by general analysis tools. The largest panel in Japan. 30,000 panelists for cross-media and 230,000 panelists for YouTube: Based on Macromill's consumer panel network of approximately 36 million people, the company is uniquely positioned to measure ad campaigns with the largest number of people in Japan. Detailed data analysis by demographic, device, and frequency is possible, allowing for an in-depth understanding of campaign effectiveness. In addition, measurement can be conducted from only 1.2 million impressions perfect for evaluating specialized short-term campaigns for or specific targets. Optimization of ad planning through precise effectiveness verification: Macromill offers support for cost-effective media planning through optimal ad planning based on effectiveness measurement results. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €4.94, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.53 per share. Reported Earnings • May 20
Third quarter 2024 earnings released: EPS: JP¥40.84 (vs JP¥36.25 in 3Q 2023) Third quarter 2024 results: EPS: JP¥40.84 (up from JP¥36.25 in 3Q 2023). Revenue: JP¥12.2b (down 20% from 3Q 2023). Net income: JP¥1.56b (up 8.7% from 3Q 2023). Profit margin: 13% (up from 9.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Mar 26
Macromill, Inc. to Report Q3, 2024 Results on May 15, 2024 Macromill, Inc. announced that they will report Q3, 2024 results on May 15, 2024 Reported Earnings • Feb 19
Second quarter 2024 earnings released: EPS: JP¥26.22 (vs JP¥25.62 in 2Q 2023) Second quarter 2024 results: EPS: JP¥26.22. Revenue: JP¥12.5b (down 21% from 2Q 2023). Net income: JP¥1.00b (down 1.2% from 2Q 2023). Profit margin: 8.0% (up from 6.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Declared Dividend • Feb 16
Dividend of JP¥13.00 announced Shareholders will receive a dividend of JP¥13.00. Ex-date: 27th June 2024 Payment date: 30th September 2024 Dividend yield will be 301%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 24% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 130% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Dec 29
Macromill, Inc. to Report Q2, 2024 Results on Feb 14, 2024 Macromill, Inc. announced that they will report Q2, 2024 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥12.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 06 March 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.2%). Reported Earnings • Nov 19
First quarter 2024 earnings released: JP¥2.96 loss per share (vs JP¥5.16 profit in 1Q 2023) First quarter 2024 results: JP¥2.96 loss per share (down from JP¥5.16 profit in 1Q 2023). Revenue: JP¥9.61b (down 23% from 1Q 2023). Net loss: JP¥113.0m (down 155% from profit in 1Q 2023). Revenue is forecast to grow 11% 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 54% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Oct 01
Macromill, Inc. to Report Q1, 2024 Results on Nov 14, 2023 Macromill, Inc. announced that they will report Q1, 2024 results on Nov 14, 2023 Aankondiging • Jun 29
Macromill, Inc. to Report Fiscal Year 2023 Results on Aug 14, 2023 Macromill, Inc. announced that they will report fiscal year 2023 results on Aug 14, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥11.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.5%). Reported Earnings • Feb 17
Second quarter 2023 earnings released: EPS: JP¥25.62 (vs JP¥36.19 in 2Q 2022) Second quarter 2023 results: EPS: JP¥25.62 (down from JP¥36.19 in 2Q 2022). Revenue: JP¥15.7b (up 16% from 2Q 2022). Net income: JP¥1.01b (down 29% from 2Q 2022). Profit margin: 6.4% (down from 11% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Aankondiging • Jan 09
Macromill, Inc. to Report Q2, 2023 Results on Feb 14, 2023 Macromill, Inc. announced that they will report Q2, 2023 results on Feb 14, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 07 March 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (8.5%). Aankondiging • Oct 15
Macromill, Inc. to Report Q1, 2023 Results on Nov 10, 2022 Macromill, Inc. announced that they will report Q1, 2023 results on Nov 10, 2022 Aankondiging • Sep 29
Macromill, Inc. Announces Management Changes Macromill, Inc. at the Annual General Meeting of Shareholders and board of directors meeting held on September 28, 2022 announced Yukiko Nakagawa as member of Nomination Committee and Compensation Committee, Yuji Shiga as Outside Director and Audit Committee member and announced resignation of Willem Matthijs Elias, Executive Officer, Europe and America Operation. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 17% share price gain to €8.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Media industry in Germany. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.09 per share. Aankondiging • Aug 11
Macromill, Inc., Annual General Meeting, Sep 28, 2022 Macromill, Inc., Annual General Meeting, Sep 28, 2022. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥9.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (7.5%). Reported Earnings • Feb 18
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: JP¥36.19 (up from JP¥27.21 in 2Q 2021). Revenue: JP¥13.5b (up 13% from 2Q 2021). Net income: JP¥1.43b (up 30% from 2Q 2021). Profit margin: 11% (up from 9.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 9.6%, compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% 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. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 20% share price gain to €7.75, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Media industry in Germany. Total loss to shareholders of 39% over the past three years. Reported Earnings • Nov 17
First quarter 2022 earnings released: EPS JP¥13.13 (vs JP¥5.83 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.9b (up 20% from 1Q 2021). Net income: JP¥518.0m (up 120% from 1Q 2021). Profit margin: 4.8% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improved over the past week After last week's 24% share price gain to €7.50, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Media industry in Germany. Total loss to shareholders of 42% over the past three years. Reported Earnings • Oct 05
Full year 2021 earnings released: EPS JP¥70.08 (vs JP¥52.94 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¥43.2b (up 4.6% from FY 2020). Net income: JP¥2.82b (up JP¥4.95b from FY 2020). Profit margin: 6.5% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 30 September 2021. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.9%). Aankondiging • May 14
Macromill, Inc. (TSE:3978) announces an Equity Buyback for 1,000,000 shares, representing 2.48% for ¥800 million. Macromill, Inc. (TSE:3978) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.48% for ¥800 million. The program is aimed at returning profit to shareholders and improving the capital efficiency as well as proceeding with the flexible capital policy exercise. The program will expire on August 31, 2021. As of March 31, 2021, the company had 40,364,865 shares in issue (excluding treasury stock) and 135 shares in treasury. Is New 90 Day High Low • Mar 09
New 90-day high: €7.15 The company is up 34% from its price of €5.35 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.92 per share. Analyst Estimate Surprise Post Earnings • Feb 16
Revenue beats expectations Revenue exceeded analyst estimates by 10.0%. Over the next year, revenue is forecast to grow 2.0%, compared to a 3.3% growth forecast for the Media industry in Germany. Reported Earnings • Feb 12
Second quarter 2021 earnings released: EPS JP¥27.25 (vs JP¥33.61 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: JP¥11.9b (flat on 2Q 2020). Net income: JP¥1.10b (down 19% from 2Q 2020). Profit margin: 9.2% (down from 11% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 11
New 90-day high: €6.85 The company is up 28% from its price of €5.35 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.70 per share. Is New 90 Day High Low • Jan 23
New 90-day high: €5.70 The company is up 1.0% from its price of €5.65 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.12 per share. Aankondiging • Jan 08
Macromill, Inc. to Report Q2, 2021 Results on Feb 10, 2021 Macromill, Inc. announced that they will report Q2, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 23
New 90-day low: €5.00 The company is down 18% from its price of €6.10 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.53 per share. Analyst Estimate Surprise Post Earnings • Nov 13
Revenue beats expectations Revenue exceeded analyst estimates by 5.8%. Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the Media industry in Germany. Reported Earnings • Nov 13
First quarter 2021 earnings released: EPS JP¥5.83 The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥9.10b (down 7.9% from 1Q 2020). Net income: JP¥235.0m (down 68% from 1Q 2020). Profit margin: 2.6% (down from 7.3% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year whereas the company’s share price has fallen by 36% per year. Is New 90 Day High Low • Oct 30
New 90-day low: €5.40 The company is down 1.0% from its price of €5.45 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Media industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.13 per share. Aankondiging • Oct 08
Macromill, Inc. to Report Q1, 2021 Results on Nov 12, 2020 Macromill, Inc. announced that they will report Q1, 2021 results on Nov 12, 2020 Reported Earnings • Oct 03
Full year earnings released - €52.94 loss per share Over the last 12 months the company has reported total losses of JP¥2.13b, with earnings decreasing by JP¥6.83b from the prior year. Total revenue was JP¥41.3b over the last 12 months, down 6.8% from the prior year. 
