Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥122 (vs JP¥111 in FY 2025) Full year 2026 results: EPS: JP¥122 (up from JP¥111 in FY 2025). Revenue: JP¥96.1b (up 5.5% from FY 2025). Net income: JP¥1.14b (up 9.1% from FY 2025). Profit margin: 1.2% (in line with FY 2025). 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 20% per year. Aankondiging • May 14
Ocean System Corporation, Annual General Meeting, Jun 26, 2026 Ocean System Corporation, Annual General Meeting, Jun 26, 2026. New Risk • Mar 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$98.5m) 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. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 11 June 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥49.70 (vs JP¥48.75 in 3Q 2025) Third quarter 2026 results: EPS: JP¥49.70 (up from JP¥48.75 in 3Q 2025). Revenue: JP¥25.4b (up 6.4% from 3Q 2025). Net income: JP¥467.0m (up 1.7% from 3Q 2025). Profit margin: 1.8% (down from 1.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Aankondiging • Dec 03
Ocean System Corporation to Report Q3, 2026 Results on Feb 13, 2026 Ocean System Corporation announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 19
Second quarter 2026 earnings released: EPS: JP¥26.35 (vs JP¥29.01 in 2Q 2025) Second quarter 2026 results: EPS: JP¥26.35 (down from JP¥29.01 in 2Q 2025). Revenue: JP¥23.3b (up 5.4% from 2Q 2025). Net income: JP¥248.0m (down 9.2% from 2Q 2025). Profit margin: 1.1% (down from 1.2% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 14
Ocean System Corporation (TSE:3096) announces an Equity Buyback for 40,000 shares, representing 0.42% for ¥60 million. Ocean System Corporation (TSE:3096) announces a share repurchase program. Under the program, the company will repurchase 40,000 shares, representing 0.42% of the outstanding shares for ¥60 million. The purpose of the program is to improve efficiency and enable the implementation of flexible capital policies in response to future changes in the business environment. The program will be valid till December 31, 2025. As of September 30, 2025, the company had 9,413,650 shares outstanding and 1,419,350 shares in treasury. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 02 December 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Aankondiging • Sep 03
Ocean System Corporation to Report Q2, 2026 Results on Nov 14, 2025 Ocean System Corporation announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: JP¥49.61 (vs JP¥45.68 in 1Q 2025) First quarter 2026 results: EPS: JP¥49.61 (up from JP¥45.68 in 1Q 2025). Revenue: JP¥24.0b (up 7.3% from 1Q 2025). Net income: JP¥467.0m (up 8.6% from 1Q 2025). Profit margin: 1.9% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 24
Ocean System Corporation to Report Q1, 2026 Results on Aug 12, 2025 Ocean System Corporation announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥111 (vs JP¥142 in FY 2024) Full year 2025 results: EPS: JP¥111 (down from JP¥142 in FY 2024). Revenue: JP¥91.1b (up 6.0% from FY 2024). Net income: JP¥1.05b (down 22% from FY 2024). Profit margin: 1.2% (down from 1.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • May 13
Ocean System Corporation, Annual General Meeting, Jun 26, 2025 Ocean System Corporation, Annual General Meeting, Jun 26, 2025. Aankondiging • Mar 27
Ocean System Corporation to Report Fiscal Year 2025 Results on May 13, 2025 Ocean System Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 12 June 2025. Payout ratio is a comfortable 5.4% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥48.75 (vs JP¥53.22 in 3Q 2024) Third quarter 2025 results: EPS: JP¥48.75 (down from JP¥53.22 in 3Q 2024). Revenue: JP¥23.9b (up 4.0% from 3Q 2024). Net income: JP¥459.0m (down 8.4% from 3Q 2024). Profit margin: 1.9% (down from 2.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 05
Ocean System Corporation to Report Q3, 2025 Results on Feb 14, 2025 Ocean System Corporation announced that they will report Q3, 2025 results on Feb 14, 2025 Aankondiging • Oct 17
Ocean System Corporation to Report Q2, 2025 Results on Nov 14, 2024 Ocean System Corporation announced that they will report Q2, 2025 results on Nov 14, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.6%). Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥45.68 (vs JP¥53.22 in 1Q 2024) First quarter 2025 results: EPS: JP¥45.68 (down from JP¥53.22 in 1Q 2024). Revenue: JP¥22.4b (up 7.7% from 1Q 2024). Net income: JP¥430.0m (down 14% from 1Q 2024). Profit margin: 1.9% (down from 2.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • Jun 28
Ocean System Corporation to Report Q1, 2025 Results on Aug 09, 2024 Ocean System Corporation announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥142 (vs JP¥38.03 in FY 2023) Full year 2024 results: EPS: JP¥142 (up from JP¥38.03 in FY 2023). Revenue: JP¥85.9b (up 11% from FY 2023). Net income: JP¥1.34b (up 274% from FY 2023). Profit margin: 1.6% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. 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 1% per year, which means it is significantly lagging earnings. Aankondiging • May 16
Ocean System Corporation, Annual General Meeting, Jun 27, 2024 Ocean System Corporation, Annual General Meeting, Jun 27, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.5%). Aankondiging • Mar 13
Ocean System Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Ocean System Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥53.21 (vs JP¥27.94 in 3Q 2023) Third quarter 2024 results: EPS: JP¥53.21 (up from JP¥27.94 in 3Q 2023). Revenue: JP¥23.0b (up 12% from 3Q 2023). Net income: JP¥501.0m (up 91% from 3Q 2023). Profit margin: 2.2% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Aankondiging • Dec 28
Ocean System Corporation to Report Q3, 2024 Results on Feb 14, 2024 Ocean System Corporation announced that they will report Q3, 2024 results on Feb 14, 2024 Aankondiging • Sep 28
Ocean System Corporation to Report Q2, 2024 Results on Nov 14, 2023 Ocean System Corporation announced that they will report Q2, 2024 results on Nov 14, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥7.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 24% and the cash payout ratio is 80%. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.6%). Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥53.22 (vs JP¥32.19 in 1Q 2023) First quarter 2024 results: EPS: JP¥53.22 (up from JP¥32.19 in 1Q 2023). Revenue: JP¥20.8b (up 7.4% from 1Q 2023). Net income: JP¥501.0m (up 65% from 1Q 2023). Profit margin: 2.4% (up from 1.6% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Aankondiging • May 31
Ocean System Corporation to Report Q1, 2024 Results on Aug 10, 2023 Ocean System Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥38.03 (vs JP¥84.78 in FY 2022) Full year 2023 results: EPS: JP¥38.03 (down from JP¥84.78 in FY 2022). Revenue: JP¥77.7b (up 6.9% from FY 2022). Net income: JP¥358.0m (down 55% from FY 2022). Profit margin: 0.5% (down from 1.1% in FY 2022). 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 1% per year, which means it has not declined as severely as earnings. Aankondiging • May 14
Ocean System Corporation, Annual General Meeting, Jun 28, 2023 Ocean System Corporation, Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%). Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥27.93 (vs JP¥36.76 in 3Q 2022) Third quarter 2023 results: EPS: JP¥27.93 (down from JP¥36.76 in 3Q 2022). Revenue: JP¥20.5b (up 7.0% from 3Q 2022). Net income: JP¥263.0m (down 24% from 3Q 2022). Profit margin: 1.3% (down from 1.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Aankondiging • Dec 28
Ocean System Corporation to Report Q3, 2023 Results on Feb 14, 2023 Ocean System Corporation announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥10.52 (vs JP¥13.28 in 2Q 2022) Second quarter 2023 results: EPS: JP¥10.52 (down from JP¥13.28 in 2Q 2022). Revenue: JP¥19.0b (up 9.0% from 2Q 2022). Net income: JP¥99.0m (down 21% from 2Q 2022). Profit margin: 0.5% (down from 0.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year. 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). Auditor Hajime Takeishi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Aankondiging • Aug 31
Ocean System Corporation to Report Q2, 2023 Results on Nov 14, 2022 Ocean System Corporation announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 15
First quarter 2023 earnings released: EPS: JP¥32.19 (vs JP¥31.34 in 1Q 2022) First quarter 2023 results: EPS: JP¥32.19 (up from JP¥31.34 in 1Q 2022). Revenue: JP¥19.3b (up 7.9% from 1Q 2022). Net income: JP¥303.0m (up 2.7% from 1Q 2022). Profit margin: 1.6% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 11% 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 29
Ocean System Corporation to Report Q1, 2023 Results on Aug 12, 2022 Ocean System Corporation announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 18
Full year 2022 earnings released: EPS: JP¥84.77 (vs JP¥90.65 in FY 2021) Full year 2022 results: EPS: JP¥84.77 (down from JP¥90.65 in FY 2021). Revenue: JP¥72.7b (up 8.7% from FY 2021). Net income: JP¥798.0m (down 7.0% from FY 2021). Profit margin: 1.1% (down from 1.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • May 18
Ocean System Corporation, Annual General Meeting, Jun 23, 2022 Ocean System Corporation, Annual General Meeting, Jun 23, 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. 5 experienced directors. 6 highly experienced directors. No independent directors (8 non-independent directors). Auditor Hajime Takeishi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Aankondiging • Apr 08
Ocean System Corporation to Report Fiscal Year 2022 Results on May 13, 2022 Ocean System Corporation announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 25 June 2022. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%). Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥36.76 (up from JP¥32.83 in 3Q 2021). Revenue: JP¥19.2b (up 9.8% from 3Q 2021). Net income: JP¥346.0m (up 12% from 3Q 2021). Profit margin: 1.8% (in line with 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS JP¥13.28 (vs JP¥18.59 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥17.4b (up 7.6% from 2Q 2021). Net income: JP¥125.0m (down 29% from 2Q 2021). Profit margin: 0.7% (down from 1.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.4%). Reported Earnings • Aug 15
First quarter 2022 earnings released: EPS JP¥31.34 (vs JP¥33.57 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥17.9b (up 5.9% from 1Q 2021). Net income: JP¥295.0m (down 8.7% from 1Q 2021). Profit margin: 1.6% (down from 1.9% in 1Q 2021). The decrease in margin was driven by higher expenses. 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 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS JP¥90.65 (vs JP¥84.83 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥66.9b (up 7.9% from FY 2020). Net income: JP¥858.0m (up 2.8% from FY 2020). Profit margin: 1.3% (in line with FY 2020). 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 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥90.64 (vs JP¥84.83 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥66.9b (up 7.9% from FY 2020). Net income: JP¥858.0m (up 2.8% from FY 2020). Profit margin: 1.3% (in line with FY 2020). 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 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥7.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.4%). Is New 90 Day High Low • Feb 20
New 90-day low: JP¥1,181 The company is down 2.0% from its price of JP¥1,202 on 20 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 6.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥32.82 (vs JP¥31.09 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: JP¥17.5b (up 8.0% from 3Q 2020). Net income: JP¥309.0m (up 1.0% from 3Q 2020). Profit margin: 1.8% (down from 1.9% in 3Q 2020). 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 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Dec 30
Ocean System Corporation to Report Q3, 2021 Results on Feb 12, 2021 Ocean System Corporation announced that they will report Q3, 2021 results on Feb 12, 2021 Reported Earnings • Nov 16
Second quarter 2021 earnings released: EPS JP¥18.59 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥16.2b (up 6.5% from 2Q 2020). Net income: JP¥175.0m (up 26% from 2Q 2020). Profit margin: 1.1% (up from 0.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 26
New 90-day low: JP¥1,185 The company is down 5.0% from its price of JP¥1,244 on 28 July 2020. The Japanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 4.0% over the same period. Aankondiging • Oct 04
Ocean System Corporation to Report Q2, 2021 Results on Nov 13, 2020 Ocean System Corporation announced that they will report Q2, 2021 results on Nov 13, 2020 Upcoming Dividend • Sep 22
Upcoming Dividend of JP¥6.00 Per Share Will be paid on the 2nd of December to those who are registered shareholders by the 29th of September. The trailing yield of 0.9% is below the top quartile of Japanese dividend payers (3.1%), and is lower than industry peers (1.6%). Aankondiging • Jun 19
Ocean System Corporation to Report Q1, 2021 Results on Aug 12, 2020 Ocean System Corporation announced that they will report Q1, 2021 results on Aug 12, 2020