New Risk • Jul 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$90.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥723m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-JP¥223m). Minor Risks Revenue is less than US$5m (JP¥730m revenue, or US$4.5m). Market cap is less than US$100m (JP¥14.7b market cap, or US$90.1m). Reported Earnings • Jun 03
Full year 2026 earnings released: JP¥32.85 loss per share (vs JP¥0.87 loss in FY 2025) Full year 2026 results: JP¥32.85 loss per share (further deteriorated from JP¥0.87 loss in FY 2025). Revenue: JP¥730.0m (down 19% from FY 2025). Net loss: JP¥591.3m (loss widened JP¥512.3m from FY 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 146% per year, which means it is well ahead of earnings. Reported Earnings • Apr 21
Full year 2026 earnings released: JP¥53.20 loss per share (vs JP¥8.73 loss in FY 2025) Full year 2026 results: JP¥53.20 loss per share (further deteriorated from JP¥8.73 loss in FY 2025). Revenue: JP¥730.0m (down 19% from FY 2025). Net loss: JP¥591.3m (loss widened JP¥512.3m from FY 2025). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 183% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Apr 21
Architects Studio Japan Inc., Annual General Meeting, May 28, 2026 Architects Studio Japan Inc., Annual General Meeting, May 28, 2026. Reported Earnings • Feb 18
Third quarter 2026 earnings released: JP¥11.50 loss per share (vs JP¥10.99 loss in 3Q 2025) Third quarter 2026 results: JP¥11.50 loss per share (further deteriorated from JP¥10.99 loss in 3Q 2025). Revenue: JP¥141.0m (up 18% from 3Q 2025). Net loss: JP¥132.0m (loss widened 33% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jan 24
Sadaru Ozawa and Kento Ozawa completed the acquisition of MED Co., Ltd. from Architects Studio Japan Inc. (TSE:6085) for ¥7.5 million. Sadaru Ozawa and Kento Ozawa acquired MED Co., Ltd. from Architects Studio Japan Inc. (TSE:6085) for ¥7.5 million on January 23, 2026. A cash consideration of ¥7.5 million will be paid by the buyer. As part of consideration, ¥7.5 million is paid towards common equity of MED Co., Ltd.
For the period ending March 31, 2025, MED Co., Ltd. reported total revenue of ¥71.33 million, EBIT of ¥10.07 million and net loss of ¥3.8 million. As of March 31, 2025, MED Co., Ltd. reported total assets of ¥216.59 million and total common equity of ¥3.89 million.
Sadaru Ozawa and Kento Ozawa completed the acquisition of MED Co., Ltd. from Architects Studio Japan Inc. (TSE:6085) on January 23, 2026. Reported Earnings • Jan 14
Second quarter 2026 earnings released: JP¥10.54 loss per share (vs JP¥8.55 profit in 2Q 2025) Second quarter 2026 results: JP¥10.54 loss per share (down from JP¥8.55 profit in 2Q 2025). Revenue: JP¥196.0m (down 57% from 2Q 2025). Net loss: JP¥121.0m (down 257% from profit in 2Q 2025). 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 29% per year, which means it is significantly lagging earnings growth. New Risk • Nov 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (JP¥3.81b market cap, or US$24.5m). Reported Earnings • Oct 17
First quarter 2026 earnings released: JP¥12.04 loss per share (vs JP¥9.22 loss in 1Q 2025) First quarter 2026 results: JP¥12.04 loss per share (further deteriorated from JP¥9.22 loss in 1Q 2025). Revenue: JP¥218.0m (up 114% from 1Q 2025). Net loss: JP¥130.0m (loss widened 57% from 1Q 2025). New Risk • Jul 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (JP¥3.40b market cap, or US$23.1m). Aankondiging • May 16
Architects Studio Japan Inc., Annual General Meeting, Jun 27, 2025 Architects Studio Japan Inc., Annual General Meeting, Jun 27, 2025. Aankondiging • Apr 29
Dimitri Philip Behr completed the acquisition of 26.62% stake in Architects Studio Japan Inc. (TSE:6085) from Apaman Network Co., Ltd. and Keii Holdings Co., Ltd. Dimitri Philip Behr agreed to acquire 26.62% stake in Architects Studio Japan Inc. (TSE:6085) from Apaman Network Co., Ltd. and Keii Holdings Co., Ltd. for ¥770 million on February 26, 2025. A cash consideration of ¥766.79 million will be paid by the buyer. As part of consideration, ¥766.79 million is paid towards common equity of Architects Studio Japan Inc.
Dimitri Philip Behr completed the acquisition of 26.62% stake in Architects Studio Japan Inc. (TSE:6085) from Apaman Network Co., Ltd. and Keii Holdings Co., Ltd. on April 28, 2025. Aankondiging • Feb 27
Architects Studio Japan Inc. (TSE:6085) signed a letter of intent to acquire an additional 28.69% stake in Chami Corporation for ¥0.28 million. Architects Studio Japan Inc. (TSE:6085) signed a letter of intent to acquire an additional 28.69% stake in Chami Corporation for ¥0.28 million on February 26, 2025. The consideration consists of 665 common equity of Architects Studio Japan Inc. to be issued for common equity of Chami Corporation.
For the period ending July 31, 2024, Chami Corporation reported total revenue of ¥274.09 million, EBIT of ¥5.96 million, net income of ¥4.43 million, total assets of ¥122.88 million and total common equity of ¥35.1 million.
The expected completion of the transaction is March 19, 2025. Reported Earnings • Feb 17
Third quarter 2025 earnings released: JP¥32.98 loss per share (vs JP¥37.12 loss in 3Q 2024) Third quarter 2025 results: JP¥32.98 loss per share. Revenue: JP¥120.0m (down 5.5% from 3Q 2024). Net loss: JP¥99.0m (loss widened 8.8% from 3Q 2024). Aankondiging • Feb 05
Architects Studio Japan Inc. (TSE:6085) acquired 22.95% stake in Chami Corporation from Kyoji Takio for ¥8 million. Architects Studio Japan Inc. (TSE:6085) acquired 22.95% stake in Chami Corporation from Kyoji Takio for ¥8 million on February 3, 2025. A cash consideration of ¥7.98 million will be paid by Architects Studio for 28 shares.
For the period ending July 31, 2024, Chami Corporation reported total revenue of ¥274.09 million, EBIT of ¥5.96 million and net income of ¥4.43 million. As of July 31, 2024, Chami Corporation reported total assets of ¥122.88 million and total common equity of ¥35.05 million.
Architects Studio Japan Inc. (TSE:6085) completed the acquisition of 22.95% stake in Chami Corporation from Kyoji Takio for ¥8 million on February 3, 2025. New Risk • Dec 26
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 Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥1.21b market cap, or US$7.69m). Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Aankondiging • Dec 12
Architects Studio Japan Inc. to Report Q3, 2025 Results on Feb 14, 2025 Architects Studio Japan Inc. announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Oct 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.49b (US$9.78m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-JP¥20m). Revenue has declined by 1.4% over the past year. Market cap is less than US$10m (JP¥1.49b market cap, or US$9.78m). Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (JP¥567m revenue, or US$3.7m). Aankondiging • Sep 03
Architects Studio Japan Inc. to Report Q2, 2025 Results on Nov 13, 2024 Architects Studio Japan Inc. announced that they will report Q2, 2025 results on Nov 13, 2024 Reported Earnings • Aug 13
First quarter 2025 earnings released: JP¥27.65 loss per share (vs JP¥42.02 loss in 1Q 2024) First quarter 2025 results: JP¥27.65 loss per share (improved from JP¥42.02 loss in 1Q 2024). Revenue: JP¥102.0m (down 20% from 1Q 2024). Net loss: JP¥83.0m (loss narrowed 19% from 1Q 2024). Aankondiging • Jun 29
Architects Studio Japan Inc. to Report Q1, 2025 Results on Aug 09, 2024 Architects Studio Japan Inc. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 17
Full year 2024 earnings released: JP¥147 loss per share (vs JP¥174 loss in FY 2023) Full year 2024 results: JP¥147 loss per share (improved from JP¥174 loss in FY 2023). Revenue: JP¥592.0m (up 7.1% from FY 2023). Net loss: JP¥361.0m (loss narrowed 16% from FY 2023). Aankondiging • May 15
Architects Studio Japan Inc., Annual General Meeting, Jun 26, 2024 Architects Studio Japan Inc., Annual General Meeting, Jun 26, 2024. Aankondiging • Apr 03
Apaman Network Co., Ltd. completed the acquisition of TEMPO NETWORK Co., Ltd. from Architects Studio Japan Inc. (TSE:6085). Apaman Network Co., Ltd. agreed to acquire TEMPO NETWORK Co., Ltd. from Architects Studio Japan Inc. (TSE:6085) for ¥1 on March 30, 2024. Apaman Network Co., Ltd. entered into an agreement to acquire TEMPO NETWORK Co., Ltd. from Architects Studio Japan Inc. (TSE:6085) on March 31, 2024.Apaman Network Co., Ltd. completed the acquisition of TEMPO NETWORK Co., Ltd. from Architects Studio Japan Inc. (TSE:6085) on March 31, 2024. Aankondiging • Mar 28
Architects Studio Japan Inc. to Report Fiscal Year 2024 Results on May 13, 2024 Architects Studio Japan Inc. announced that they will report fiscal year 2024 results on May 13, 2024 Aankondiging • Mar 13
Architects Studio Japan Inc. announced that it expects to receive ¥1.512 million in funding from T.MAKE Co., Ltd, Asahi Eito Holdings Co.,Ltd., Milestone Capital Management Co., Ltd., Chunichi Jitsugyo Co., Ltd Architects Studio Japan Inc announced a private placement of 4th stock acquisition rights of 8,000 at an issue price of ¥189 per stock acquisition right for gross proceeds ¥1,512,000 on March 12, 2024. The transaction included participation from new investors, T.MAKE Co., Ltd, Asahi Eito Holdings Co.,Ltd, Milestone Capital Management Co., Ltd. and Chunichi Jitsugyo Co., Ltd. The transaction is expected to close on March 28, 2024. Each stock acquisition right is exercisable at a price of ¥480. The stock acquisition rights are issued through a third party allotment method. The securities offered are subject to transfer restrictions. Reported Earnings • Feb 15
Third quarter 2024 earnings released: JP¥37.12 loss per share (vs JP¥42.42 loss in 3Q 2023) Third quarter 2024 results: JP¥37.12 loss per share (improved from JP¥42.42 loss in 3Q 2023). Revenue: JP¥127.0m (up 1.6% from 3Q 2023). Net loss: JP¥91.0m (loss narrowed 13% from 3Q 2023). Aankondiging • Dec 30
Architects Studio Japan Inc. to Report Q3, 2024 Results on Feb 13, 2024 Architects Studio Japan Inc. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 17
Second quarter 2024 earnings released: JP¥18.36 loss per share (vs JP¥42.42 loss in 2Q 2023) Second quarter 2024 results: JP¥18.36 loss per share (improved from JP¥42.42 loss in 2Q 2023). Revenue: JP¥163.0m (up 30% from 2Q 2023). Net loss: JP¥45.0m (loss narrowed 57% from 2Q 2023). Board Change • Oct 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Outside Director Chin Yeu Yao was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Aug 27
Architects Studio Japan Inc. to Report Q2, 2024 Results on Nov 13, 2023 Architects Studio Japan Inc. announced that they will report Q2, 2024 results on Nov 13, 2023 New Risk • Aug 22
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 Japanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥362m free cash flow). Revenue has declined by 23% over the past year. Market cap is less than US$10m (JP¥1.19b market cap, or US$8.19m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.8% average weekly change). Revenue is less than US$5m (JP¥575m revenue, or US$3.9m). Reported Earnings • Aug 14
First quarter 2024 earnings released: JP¥42.02 loss per share (vs JP¥30.68 profit in 1Q 2023) First quarter 2024 results: JP¥42.02 loss per share (down from JP¥30.68 profit in 1Q 2023). Revenue: JP¥127.0m (down 65% from 1Q 2023). Net loss: JP¥103.0m (down 237% from profit in 1Q 2023). Aankondiging • Jun 07
Architects Studio Japan Inc. to Report Q1, 2024 Results on Aug 10, 2023 Architects Studio Japan Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Aankondiging • May 14
Architects Studio Japan Inc., Annual General Meeting, Jun 28, 2023 Architects Studio Japan Inc., Annual General Meeting, Jun 28, 2023. Aankondiging • Dec 26
Architects Studio Japan Inc. to Report Q3, 2023 Results on Feb 14, 2023 Architects Studio Japan Inc. announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Kenji Yamanami was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Sep 16
Architects Studio Japan Inc. to Report Q2, 2023 Results on Nov 14, 2022 Architects Studio Japan Inc. announced that they will report Q2, 2023 results on Nov 14, 2022 Aankondiging • Jun 19
Architects Studio Japan Inc. to Report Q1, 2023 Results on Aug 12, 2022 Architects Studio Japan Inc. announced that they will report Q1, 2023 results on Aug 12, 2022 Aankondiging • May 18
Architects Studio Japan Inc., Annual General Meeting, Jun 28, 2022 Architects Studio Japan Inc., Annual General Meeting, Jun 28, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Outside Director Kenji Yamanami was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 08
Architects Studio Japan Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Architects Studio Japan Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥79.87 loss per share (down from JP¥59.14 loss in 3Q 2021). Revenue: JP¥117.0m (down 18% from 3Q 2021). Net loss: JP¥196.0m (loss widened 102% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 22% per year. Reported Earnings • Nov 15
Second quarter 2022 earnings released: JP¥62.10 loss per share (vs JP¥44.15 loss in 2Q 2021) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: JP¥135.0m (down 25% from 2Q 2021). Net loss: JP¥108.0m (loss widened 50% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 20% per year. Aankondiging • Aug 28
Architects Studio Japan Inc. announced that it expects to receive ¥499.999149 million in funding from Apaman Network Co., Ltd. Architects Studio Japan Inc. announced private placement of 474,833 shares at a price of ¥1,053 per share for gross proceeds of ¥499,999,149 with new investor Apaman Network Co., Ltd. on August 27, 2021. The expected payment date is October 1, 2021. The company will issue the securities on third party allotment basis. The investor will acquire 21.45% stake in the company. The estimated expenses is ¥26,418,000 and net proceeds is ¥473,581,149. The transaction was approved by the board of directors of the company. Reported Earnings • May 16
Full year 2021 earnings released: JP¥164 loss per share (vs JP¥323 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥675.0m (down 24% from FY 2020). Net loss: JP¥272.0m (loss narrowed 48% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 04
Architects Studio Japan Inc. to Report Fiscal Year 2021 Results on May 13, 2021 Architects Studio Japan Inc. announced that they will report fiscal year 2021 results on May 13, 2021 Aankondiging • Oct 01
Architects Studio Japan Inc. to Report Q2, 2021 Results on Nov 12, 2020 Architects Studio Japan Inc. announced that they will report Q2, 2021 results on Nov 12, 2020 Aankondiging • Jul 05
Architects Studio Japan Inc. to Report Q1, 2021 Results on Aug 12, 2020 Architects Studio Japan Inc. announced that they will report Q1, 2021 results on Aug 12, 2020 
