New Risk • Jun 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$98.0m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • May 15
Full year 2026 earnings released: JP¥70.99 loss per share (vs JP¥23.47 loss in FY 2025) Full year 2026 results: JP¥70.99 loss per share (further deteriorated from JP¥23.47 loss in FY 2025). Revenue: JP¥21.5b (down 1.9% from FY 2025). Net loss: JP¥1.14b (loss widened 202% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Aankondiging • May 13
Atsugi Co., Ltd., Annual General Meeting, Jun 29, 2026 Atsugi Co., Ltd., Annual General Meeting, Jun 29, 2026. New Risk • May 13
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 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. This is currently the only risk that has been identified for the company. Aankondiging • May 09
Atsugi Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Atsugi Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 New Risk • Mar 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$95.5m) 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. This is currently the only risk that has been identified for the company. Reported Earnings • Jan 30
Third quarter 2026 earnings released: JP¥22.17 loss per share (vs JP¥30.84 profit in 3Q 2025) Third quarter 2026 results: JP¥22.17 loss per share (down from JP¥30.84 profit in 3Q 2025). Revenue: JP¥5.54b (flat on 3Q 2025). Net loss: JP¥355.0m (down 172% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Aankondiging • Dec 02
Atsugi Co., Ltd. to Report Q3, 2026 Results on Jan 29, 2026 Atsugi Co., Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026 Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥9.60 (vs JP¥17.29 in 2Q 2025) Second quarter 2026 results: EPS: JP¥9.60 (down from JP¥17.29 in 2Q 2025). Revenue: JP¥5.86b (flat on 2Q 2025). Net income: JP¥154.0m (down 44% from 2Q 2025). Profit margin: 2.6% (down from 4.8% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Sep 01
Atsugi Co., Ltd. to Report Q2, 2026 Results on Oct 30, 2025 Atsugi Co., Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025 Reported Earnings • Jul 31
First quarter 2026 earnings released: JP¥31.83 loss per share (vs JP¥1.37 profit in 1Q 2025) First quarter 2026 results: JP¥31.83 loss per share (down from JP¥1.37 profit in 1Q 2025). Revenue: JP¥4.31b (down 4.2% from 1Q 2025). Net loss: JP¥509.0m (down JP¥531.0m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 27
Atsugi Co., Ltd. to Report Q1, 2026 Results on Jul 30, 2025 Atsugi Co., Ltd. announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 20
Full year 2025 earnings released: JP¥23.47 loss per share (vs JP¥83.08 profit in FY 2024) Full year 2025 results: JP¥23.47 loss per share (down from JP¥83.08 profit in FY 2024). Revenue: JP¥21.9b (up 3.2% from FY 2024). Net loss: JP¥376.0m (down 128% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Aankondiging • May 15
Atsugi Co., Ltd., Annual General Meeting, Jun 27, 2025 Atsugi Co., Ltd., Annual General Meeting, Jun 27, 2025. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.4b (US$91.9m) 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: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.4b market cap, or US$91.9m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥848, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 12x in the Luxury industry in Japan. Total returns to shareholders of 64% over the past three years. Aankondiging • Mar 19
Atsugi Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Atsugi Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Aankondiging • Feb 04
Atsugi Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2025 Atsugi Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2025. For the year, company expects net sales of JPY 22,200 million, operating loss of JPY 400 million, profit Attributable to owners of parent to be JPY 1,300 million and earnings per share to be JPY 81.15. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥30.84 (vs JP¥8.99 in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.84 (up from JP¥8.99 in 3Q 2024). Revenue: JP¥5.56b (up 8.3% from 3Q 2024). Net income: JP¥494.0m (up 243% from 3Q 2024). Profit margin: 8.9% (up from 2.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change). Aankondiging • Jan 03
Atsugi Co., Ltd. to Report Q3, 2025 Results on Jan 30, 2025 Atsugi Co., Ltd. announced that they will report Q3, 2025 results on Jan 30, 2025 New Risk • Nov 06
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 7.5% 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 (7.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥13.4b market cap, or US$88.2m). Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥17.29 (vs JP¥77.15 in 2Q 2024) Second quarter 2025 results: EPS: JP¥17.29 (down from JP¥77.15 in 2Q 2024). Revenue: JP¥5.82b (flat on 2Q 2024). Net income: JP¥277.0m (down 78% from 2Q 2024). Profit margin: 4.8% (down from 21% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥11.8b market cap, or US$84.0m). Aankondiging • Aug 27
Atsugi Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024 Atsugi Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024 Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥1.37 (vs JP¥9.30 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥1.37 (up from JP¥9.30 loss in 1Q 2024). Revenue: JP¥4.50b (down 6.1% from 1Q 2024). Net income: JP¥22.0m (up JP¥171.0m from 1Q 2024). Profit margin: 0.5% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 28
Atsugi Co., Ltd. to Report Q1, 2025 Results on Jul 29, 2024 Atsugi Co., Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥83.07 (vs JP¥75.82 loss in FY 2023) Full year 2024 results: EPS: JP¥83.07 (up from JP¥75.82 loss in FY 2023). Revenue: JP¥21.2b (up 3.4% from FY 2023). Net income: JP¥1.33b (up JP¥2.55b from FY 2023). Profit margin: 6.3% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥668, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 23% over the past three years. Aankondiging • Mar 28
Atsugi Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Atsugi Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥8.99 (vs JP¥7.36 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥8.99 (up from JP¥7.36 loss in 3Q 2023). Revenue: JP¥5.14b (up 2.3% from 3Q 2023). Net income: JP¥144.0m (up JP¥262.0m from 3Q 2023). Profit margin: 2.8% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 27
Atsugi Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Atsugi Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Aankondiging • Oct 31
Atsugi Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024 Atsugi Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2024. For the year, company expects net sales JPY 22,800 Million, Operating loss of JPY 300 Million, Profit Attributable to owners of parent to be JPY 900 Million and earnings per share to be JPY 56.17. Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: JP¥77.14 (vs JP¥16.79 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥77.14 (up from JP¥16.79 loss in 2Q 2023). Revenue: JP¥5.87b (up 9.5% from 2Q 2023). Net income: JP¥1.24b (up JP¥1.51b from 2Q 2023). Profit margin: 21% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Sep 06
Atsugi Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023 Atsugi Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023 Aankondiging • Aug 02
Atsugi Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024 Atsugi Co., Ltd. provided consolidated earnings guidance for the full year ending March 31, 2024. For the period, the company expects net sales to be JPY 22,800 million, operating loss to be JPY 300 million, profit attributable to owners of parent to be JPY 500 million and earnings per share to be JPY 31.20. Reported Earnings • Aug 01
First quarter 2024 earnings released: JP¥9.30 loss per share (vs JP¥26.52 loss in 1Q 2023) First quarter 2024 results: JP¥9.30 loss per share (improved from JP¥26.52 loss in 1Q 2023). Revenue: JP¥4.79b (up 7.5% from 1Q 2023). Net loss: JP¥149.0m (loss narrowed 65% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Jun 10
Atsugi Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023 Atsugi Co., Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • May 15
Full year 2023 earnings released: JP¥75.82 loss per share (vs JP¥114 loss in FY 2022) Full year 2023 results: JP¥75.82 loss per share (improved from JP¥114 loss in FY 2022). Revenue: JP¥20.5b (down 4.4% from FY 2022). Net loss: JP¥1.22b (loss narrowed 34% from FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 27
Third quarter 2023 earnings released: JP¥7.36 loss per share (vs JP¥5.99 loss in 3Q 2022) Third quarter 2023 results: JP¥7.36 loss per share (further deteriorated from JP¥5.99 loss in 3Q 2022). Revenue: JP¥5.02b (down 2.8% from 3Q 2022). Net loss: JP¥118.0m (loss widened 23% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Aankondiging • Dec 07
Atsugi Co., Ltd. to Report Q3, 2023 Results on Jan 26, 2023 Atsugi Co., Ltd. announced that they will report Q3, 2023 results on Jan 26, 2023 Board Change • Nov 16
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). External Director Toru Fukasawa is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Oct 28
Second quarter 2023 earnings released: JP¥16.79 loss per share (vs JP¥43.74 loss in 2Q 2022) Second quarter 2023 results: JP¥16.79 loss per share (improved from JP¥43.74 loss in 2Q 2022). Revenue: JP¥5.36b (down 6.0% from 2Q 2022). Net loss: JP¥269.0m (loss narrowed 62% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Aankondiging • Sep 18
Atsugi Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022 Atsugi Co., Ltd. announced that they will report Q2, 2023 results on Oct 27, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: JP¥26.52 loss per share (vs JP¥6.74 loss in 1Q 2022) First quarter 2023 results: JP¥26.52 loss per share (down from JP¥6.74 loss in 1Q 2022). Revenue: JP¥4.46b (down 5.6% from 1Q 2022). Net loss: JP¥425.0m (loss widened 294% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Aankondiging • Jun 29
Atsugi Co., Ltd. to Report Q1, 2023 Results on Jul 29, 2022 Atsugi Co., Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 13
Full year 2022 earnings released: JP¥114 loss per share (vs JP¥239 loss in FY 2021) Full year 2022 results: JP¥114 loss per share (up from JP¥239 loss in FY 2021). Revenue: JP¥21.4b (up 32% from FY 2021). Net loss: JP¥1.83b (loss narrowed 52% from FY 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Aankondiging • May 13
Atsugi Co., Ltd., Annual General Meeting, Jun 29, 2022 Atsugi Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
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. 5 non-independent directors. Executive Officer & Director Tomoya Makino was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 07
Atsugi Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022 Atsugi Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022 Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥5.99 loss per share (up from JP¥26.08 loss in 3Q 2021). Revenue: JP¥5.16b (up 24% from 3Q 2021). Net loss: JP¥96.0m (loss narrowed 77% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 03
First quarter 2022 earnings released: JP¥6.74 loss per share (vs JP¥53.46 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥4.72b (up 107% from 1Q 2021). Net loss: JP¥108.0m (loss narrowed 87% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Reported Earnings • May 15
Full year 2021 earnings released: JP¥239 loss per share (vs JP¥370 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¥16.2b (down 17% from FY 2020). Net loss: JP¥3.83b (loss narrowed 36% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 62% 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. Aankondiging • Mar 21
Atsugi Co., Ltd. to Report Fiscal Year 2021 Results on May 13, 2021 Atsugi Co., Ltd. announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Feb 17
New 90-day high: JP¥546 The company is up 1.0% from its price of JP¥540 on 19 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 9.0% over the same period. Reported Earnings • Feb 03
Third quarter 2021 earnings released: JP¥26.08 loss per share (vs JP¥296 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥4.15b (down 26% from 3Q 2020). Net loss: JP¥418.0m (loss narrowed 91% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 21
New 90-day low: JP¥487 The company is down 14% from its price of JP¥568 on 23 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 1.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: JP¥500 The company is down 14% from its price of JP¥584 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period. Aankondiging • Dec 19
Atsugi Co., Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Atsugi Co., Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Aankondiging • Sep 25
Atsugi Co., Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Atsugi Co., Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020 Aankondiging • Aug 21
Atsugi Co., Ltd. (TSE:3529) entered into a stock transfer agreement to acquire Renowninx Co., Ltd. from Renown Incorporated. Atsugi Co., Ltd. (TSE:3529) entered into a stock transfer agreement to acquire Renowninx Co., Ltd. from Renown Incorporated on August 20, 2020. As per terms, Atsugi Co., Ltd. will acquire all 19,000 shares of Renowninx Co., Ltd. from Renown Incorporated and will hold 100% stake post-completion. For the year ended December 31, 2019, Renowninx Co., Ltd. reported total assts of ¥3.27 billion, net assets of ¥325 million, total sales of ¥7.28 billion, operation income of ¥362 million and net income of ¥304 million. The transaction is expected to complete on October 1, 2020. 