Upcoming Dividend • Jun 22
Upcoming dividend of JP¥500 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 29 September 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.9%. Within top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.7%). Reported Earnings • May 18
Third quarter 2026 earnings released: EPS: JP¥87.44 (vs JP¥60.36 in 3Q 2025) Third quarter 2026 results: EPS: JP¥87.44 (up from JP¥60.36 in 3Q 2025). Revenue: JP¥2.88b (down 6.6% from 3Q 2025). Net income: JP¥252.0m (up 45% from 3Q 2025). Profit margin: 8.8% (up from 5.6% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. New Risk • Feb 18
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 115% Dividend per share is over 5x cash flows per share. Dividend yield: 4.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 115% Dividend per share is over 5x cash flows per share. Earnings have declined by 4.0% per year over the past 5 years. Reported Earnings • Feb 16
Second quarter 2026 earnings released: EPS: JP¥211 (vs JP¥252 in 2Q 2025) Second quarter 2026 results: EPS: JP¥211 (down from JP¥252 in 2Q 2025). Revenue: JP¥3.38b (down 17% from 2Q 2025). Net income: JP¥607.0m (down 17% from 2Q 2025). Profit margin: 18% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Nov 12
First quarter 2026 earnings released: EPS: JP¥112 (vs JP¥25.67 in 1Q 2025) First quarter 2026 results: EPS: JP¥112 (up from JP¥25.67 in 1Q 2025). Revenue: JP¥3.43b (down 2.6% from 1Q 2025). Net income: JP¥322.0m (up 335% from 1Q 2025). Profit margin: 9.4% (up from 2.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Oct 04
Full year 2025 earnings released: EPS: JP¥391 (vs JP¥699 in FY 2024) Full year 2025 results: EPS: JP¥391 (down from JP¥699 in FY 2024). Revenue: JP¥14.9b (down 11% from FY 2024). Net income: JP¥1.13b (down 44% from FY 2024). Profit margin: 7.6% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Aug 10
Full year 2025 earnings released: EPS: JP¥391 (vs JP¥699 in FY 2024) Full year 2025 results: EPS: JP¥391 (down from JP¥699 in FY 2024). Revenue: JP¥14.9b (down 11% from FY 2024). Net income: JP¥1.13b (down 44% from FY 2024). Profit margin: 7.6% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Aankondiging • Aug 08
JICHODO Co.,Ltd., Annual General Meeting, Sep 26, 2025 JICHODO Co.,Ltd., Annual General Meeting, Sep 26, 2025. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥9,310, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 13x in the Luxury industry in Japan. Total returns to shareholders of 69% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥600 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.9%). Reported Earnings • May 12
Third quarter 2025 earnings released: EPS: JP¥60.36 (vs JP¥98.20 in 3Q 2024) Third quarter 2025 results: EPS: JP¥60.36 (down from JP¥98.20 in 3Q 2024). Revenue: JP¥3.08b (down 9.4% from 3Q 2024). Net income: JP¥174.0m (down 39% from 3Q 2024). Profit margin: 5.6% (down from 8.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Feb 16
Second quarter 2025 earnings released: EPS: JP¥252 (vs JP¥213 in 2Q 2024) Second quarter 2025 results: EPS: JP¥252 (up from JP¥213 in 2Q 2024). Revenue: JP¥4.07b (down 3.3% from 2Q 2024). Net income: JP¥727.0m (up 18% from 2Q 2024). Profit margin: 18% (up from 15% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. 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. This is currently the only risk that has been identified for the company. New Risk • Nov 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.3% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 03
Full year 2024 earnings released: EPS: JP¥699 (vs JP¥852 in FY 2023) Full year 2024 results: EPS: JP¥699 (down from JP¥852 in FY 2023). Revenue: JP¥16.9b (down 5.0% from FY 2023). Net income: JP¥2.02b (down 18% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • Aug 13
Full year 2024 earnings released: EPS: JP¥699 (vs JP¥852 in FY 2023) Full year 2024 results: EPS: JP¥699 (down from JP¥852 in FY 2023). Revenue: JP¥16.9b (down 5.0% from FY 2023). Net income: JP¥2.02b (down 18% from FY 2023). Profit margin: 12% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Aankondiging • Aug 08
JICHODO Co.,Ltd., Annual General Meeting, Sep 27, 2024 JICHODO Co.,Ltd., Annual General Meeting, Sep 27, 2024. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥500 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 28 September 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%). Reported Earnings • May 19
Third quarter 2024 earnings released: EPS: JP¥98.20 (vs JP¥173 in 3Q 2023) Third quarter 2024 results: EPS: JP¥98.20 (down from JP¥173 in 3Q 2023). Revenue: JP¥3.40b (down 7.6% from 3Q 2023). Net income: JP¥283.0m (down 43% from 3Q 2023). Profit margin: 8.3% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • Feb 10
Second quarter 2024 earnings released: EPS: JP¥213 (vs JP¥76.68 in 2Q 2023) Second quarter 2024 results: EPS: JP¥213 (up from JP¥76.68 in 2Q 2023). Revenue: JP¥4.21b (flat on 2Q 2023). Net income: JP¥615.0m (up 178% from 2Q 2023). Profit margin: 15% (up from 5.2% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year. Aankondiging • Feb 10
JICHODO Co.,Ltd. to Report Q2, 2024 Results on Feb 09, 2024 JICHODO Co.,Ltd. announced that they will report Q2, 2024 results on Feb 09, 2024 Reported Earnings • Nov 15
First quarter 2024 earnings released: EPS: JP¥210 (vs JP¥238 in 1Q 2023) First quarter 2024 results: EPS: JP¥210 (down from JP¥238 in 1Q 2023). Revenue: JP¥4.48b (down 7.9% from 1Q 2023). Net income: JP¥605.0m (down 12% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. New Risk • Aug 17
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 314% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (314% cash payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Aug 12
Full year 2023 earnings released: EPS: JP¥852 (vs JP¥984 in FY 2022) Full year 2023 results: EPS: JP¥852 (down from JP¥984 in FY 2022). Revenue: JP¥17.7b (up 4.5% from FY 2022). Net income: JP¥2.46b (down 13% from FY 2022). Profit margin: 14% (down from 17% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 12
JICHODO Co.,Ltd., Annual General Meeting, Sep 27, 2023 JICHODO Co.,Ltd., Annual General Meeting, Sep 27, 2023. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥500 per share at 3.1% 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: 3.1%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥9,110, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Luxury industry in Japan. Total returns to shareholders of 59% over the past three years. Reported Earnings • May 14
Third quarter 2023 earnings released: EPS: JP¥173 (vs JP¥158 in 3Q 2022) Third quarter 2023 results: EPS: JP¥173 (up from JP¥158 in 3Q 2022). Revenue: JP¥3.68b (up 7.9% from 3Q 2022). Net income: JP¥498.0m (up 9.5% from 3Q 2022). Profit margin: 14% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 15
JICHODO Co.,Ltd. to Report Q2, 2023 Results on Feb 13, 2023 JICHODO Co.,Ltd. announced that they will report Q2, 2023 results on Feb 13, 2023 Reported Earnings • Feb 15
Second quarter 2023 earnings released: EPS: JP¥76.65 (vs JP¥197 in 2Q 2022) Second quarter 2023 results: EPS: JP¥76.65 (down from JP¥197 in 2Q 2022). Revenue: JP¥4.21b (down 7.4% from 2Q 2022). Net income: JP¥221.0m (down 61% from 2Q 2022). Profit margin: 5.2% (down from 13% in 2Q 2022). 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. Reported Earnings • Nov 16
First quarter 2023 earnings released: EPS: JP¥238 (vs JP¥157 in 1Q 2022) First quarter 2023 results: EPS: JP¥238 (up from JP¥157 in 1Q 2022). Revenue: JP¥4.87b (up 26% from 1Q 2022). Net income: JP¥687.0m (up 52% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. No independent directors (8 non-independent directors). Standing Corporate Auditor Toshiyuki Himura was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
First quarter 2023 earnings released: EPS: JP¥238 (vs JP¥157 in 1Q 2022) First quarter 2023 results: EPS: JP¥238 (up from JP¥157 in 1Q 2022). Revenue: JP¥4.87b (up 26% from 1Q 2022). Net income: JP¥687.0m (up 52% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Nov 11
JICHODO Co.,Ltd. to Report Q1, 2023 Results on Nov 11, 2022 JICHODO Co.,Ltd. announced that they will report Q1, 2023 results on Nov 11, 2022 Aankondiging • Aug 12
JICHODO Co.,Ltd., Annual General Meeting, Sep 28, 2022 JICHODO Co.,Ltd., Annual General Meeting, Sep 28, 2022. Reported Earnings • Aug 12
Full year 2022 earnings released: EPS: JP¥983 (vs JP¥536 in FY 2021) Full year 2022 results: EPS: JP¥983 (up from JP¥536 in FY 2021). Revenue: JP¥17.0b (down 5.0% from FY 2021). Net income: JP¥2.84b (up 84% from FY 2021). Profit margin: 17% (up from 8.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥300 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.2%). Reported Earnings • May 18
Third quarter 2022 earnings released: EPS: JP¥158 (vs JP¥139 in 3Q 2021) Third quarter 2022 results: EPS: JP¥158 (up from JP¥139 in 3Q 2021). Revenue: JP¥3.41b (down 8.8% from 3Q 2021). Net income: JP¥455.0m (up 13% from 3Q 2021). Profit margin: 13% (up from 11% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Aankondiging • May 14
JICHODO Co.,Ltd. to Report Q3, 2022 Results on May 13, 2022 JICHODO Co.,Ltd. announced that they will report Q3, 2022 results on May 13, 2022 Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. No independent directors (8 non-independent directors). Standing Corporate Auditor Toshiyuki Himura was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 12
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥197 (up from JP¥144 in 2Q 2021). Revenue: JP¥4.55b (flat on 2Q 2021). Net income: JP¥569.0m (up 37% from 2Q 2021). Profit margin: 13% (up from 9.1% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Aankondiging • Feb 11
JICHODO Co.,Ltd. to Report Q2, 2022 Results on Feb 10, 2022 JICHODO Co.,Ltd. announced that they will report Q2, 2022 results on Feb 10, 2022 Reported Earnings • Nov 16
First quarter 2022 earnings released: EPS JP¥157 (vs JP¥86.05 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥3.86b (down 5.9% from 1Q 2021). Net income: JP¥452.0m (up 82% from 1Q 2021). Profit margin: 12% (up from 6.0% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% 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. Reported Earnings • Oct 05
Full year 2021 earnings released: EPS JP¥536 (vs JP¥556 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥17.9b (down 3.2% from FY 2020). Net income: JP¥1.54b (down 3.7% from FY 2020). Profit margin: 8.6% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 13
Full year 2021 earnings released: EPS JP¥536 (vs JP¥556 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥17.9b (down 3.2% from FY 2020). Net income: JP¥1.54b (down 3.7% from FY 2020). Profit margin: 8.6% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥300 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 28 September 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.8%). Reported Earnings • May 18
Third quarter 2021 earnings released: EPS JP¥139 (vs JP¥99.55 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.74b (up 6.1% from 3Q 2020). Net income: JP¥402.0m (up 40% from 3Q 2020). Profit margin: 11% (up from 8.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 18
New 90-day high: JP¥6,480 The company is up 9.0% from its price of JP¥5,950 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Luxury industry, which is also up 9.0% over the same period. Reported Earnings • Feb 14
Second quarter 2021 earnings released: EPS JP¥144 (vs JP¥173 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥4.57b (down 4.4% from 2Q 2020). Net income: JP¥416.0m (down 17% from 2Q 2020). Profit margin: 9.1% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 01
New 90-day high: JP¥6,230 The company is up 4.0% from its price of JP¥6,000 on 02 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 1.0% over the same period. Aankondiging • Nov 14
JICHODO Co.,Ltd. to Report Q1, 2021 Results on Nov 13, 2020 JICHODO Co.,Ltd. announced that they will report Q1, 2021 results on Nov 13, 2020