Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥21.22 (vs JP¥50.70 in 3Q 2025) Third quarter 2026 results: EPS: JP¥21.22 (down from JP¥50.70 in 3Q 2025). Revenue: JP¥7.16b (down 8.2% from 3Q 2025). Net income: JP¥397.4m (down 42% from 3Q 2025). Profit margin: 5.6% (down from 8.8% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. New Risk • Jan 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥3.97b market cap, or US$25.2m). New Risk • Nov 14
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 8.3% 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 (8.3% average weekly change). Minor Risk Market cap is less than US$100m (JP¥3.28b market cap, or US$21.2m). Reported Earnings • Aug 15
First quarter 2026 earnings released: JP¥24.43 loss per share (vs JP¥11.99 loss in 1Q 2025) First quarter 2026 results: JP¥24.43 loss per share (further deteriorated from JP¥11.99 loss in 1Q 2025). Revenue: JP¥5.09b (down 11% from 1Q 2025). Net loss: JP¥330.0m (loss widened 104% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Jul 11
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: 0.05% Last year net profit margin: 1.2% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Market cap is less than US$100m (JP¥3.34b market cap, or US$22.7m). Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥1.04 (vs JP¥23.62 in FY 2024) Full year 2025 results: EPS: JP¥1.04 (down from JP¥23.62 in FY 2024). Revenue: JP¥26.2b (down 1.7% from FY 2024). Net income: JP¥14.0m (down 96% from FY 2024). Profit margin: 0.1% (down from 1.2% in FY 2024). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Aankondiging • Jun 09
TKP Corporation (TSE:3479) acquired additional 7.03% stake in Escrit Inc. (TSE:2196) from Hiroshi Iwamoto TKP Corporation (TSE:3479) acquired additional 7.03% stake in Escrit Inc. (TSE:2196) from Hiroshi Iwamoto on June 6, 2025.TKP Corporation now owns 19.62% in Escrit Inc. after the acquisition.
TKP Corporation (TSE:3479) completed the acquisition of 7.03% stake in Escrit Inc. (TSE:2196) from Hiroshi Iwamoto on June 6, 2025. New Risk • Jun 04
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: 0.05% Last year net profit margin: 1.2% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Market cap is less than US$100m (JP¥3.19b market cap, or US$22.1m). Buy Or Sell Opportunity • May 27
Now 39% overvalued after recent price rise Over the last 90 days, the stock has risen 67% to JP¥327. The fair value is estimated to be JP¥236, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 68%. New Risk • May 26
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 11% 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 Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.34b market cap, or US$23.4m). Aankondiging • May 23
Laox Holdings CO.,LTD. (TSE:8202) acquired 5.66% stake in Escrit Inc. (TSE:2196) from Blocks Ltd. and Mayumi Iwamoto. Laox Holdings CO.,LTD. (TSE:8202) acquired 5.66% stake in Escrit Inc. (TSE:2196) from Blocks Ltd. and Mayumi Iwamoto on May 23, 2025.
For the period ending December 31, 2024, Escrit Inc. reported total revenue of ¥61.52 billion, EBIT of ¥142 million and net income of ¥226 million. As of December 31, 2024, Escrit Inc. reported total assets of ¥44.06 billion and total common equity of ¥22.99 billion.
Laox Holdings CO.,LTD. (TSE:8202) completed the acquisition of 5.66% stake in Escrit Inc. (TSE:2196) from Blocks Ltd. and Mayumi Iwamoto on May 23, 2025. Valuation Update With 7 Day Price Move • May 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥197, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total loss to shareholders of 52% over the past three years. Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥23.25 (vs JP¥23.62 in FY 2024) Full year 2025 results: EPS: JP¥23.25 (down from JP¥23.62 in FY 2024). Revenue: JP¥26.2b (down 1.7% from FY 2024). Net income: JP¥314.0m (down 1.6% from FY 2024). Profit margin: 1.2% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Aankondiging • May 15
Escrit Inc., Annual General Meeting, Jun 24, 2025 Escrit Inc., Annual General Meeting, Jun 24, 2025. New Risk • Apr 07
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 5.7% 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 Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥2.09b market cap, or US$14.3m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥154, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total loss to shareholders of 62% over the past three years. Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥61.77 (vs JP¥53.79 in 3Q 2024) Third quarter 2025 results: EPS: JP¥61.77 (up from JP¥53.79 in 3Q 2024). Revenue: JP¥7.80b (flat on 3Q 2024). Net income: JP¥834.4m (up 15% from 3Q 2024). Profit margin: 11% (up from 9.3% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Second quarter 2025 earnings released: JP¥13.76 loss per share (vs JP¥11.65 loss in 2Q 2024) Second quarter 2025 results: JP¥13.76 loss per share (further deteriorated from JP¥11.65 loss in 2Q 2024). Revenue: JP¥5.74b (down 5.3% from 2Q 2024). Net loss: JP¥182.0m (loss widened 16% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
First quarter 2025 earnings released: JP¥10.30 loss per share (vs JP¥22.10 loss in 1Q 2024) First quarter 2025 results: JP¥10.30 loss per share (improved from JP¥22.10 loss in 1Q 2024). Revenue: JP¥5.72b (flat on 1Q 2024). Net loss: JP¥142.0m (loss narrowed 52% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Aug 05
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: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (JP¥2.62b market cap, or US$18.4m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 32% After last week's 32% share price decline to JP¥194, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total loss to shareholders of 52% over the past three years. Board Change • Jul 01
Insufficient new 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. 2 highly experienced directors. Outside Independent Director Ken Goto was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 19
Full year 2024 earnings released: EPS: JP¥45.82 (vs JP¥4.22 loss in FY 2023) Full year 2024 results: EPS: JP¥45.82 (up from JP¥4.22 loss in FY 2023). Revenue: JP¥26.6b (up 10% from FY 2023). Net income: JP¥619.0m (up JP¥676.0m from FY 2023). Profit margin: 2.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 131% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • May 16
Escrit Inc., Annual General Meeting, Jun 25, 2024 Escrit Inc., Annual General Meeting, Jun 25, 2024. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥310, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 21x in the Consumer Services industry in Japan. Total loss to shareholders of 28% over the past three years. Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥70.47 (vs JP¥37.11 in 3Q 2023) Third quarter 2024 results: EPS: JP¥70.47 (up from JP¥37.11 in 3Q 2023). Revenue: JP¥7.82b (up 13% from 3Q 2023). Net income: JP¥952.0m (up 90% from 3Q 2023). Profit margin: 12% (up from 7.3% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 20
Second quarter 2024 earnings released: JP¥0.55 loss per share (vs JP¥13.90 loss in 2Q 2023) Second quarter 2024 results: JP¥0.55 loss per share (improved from JP¥13.90 loss in 2Q 2023). Revenue: JP¥6.05b (up 11% from 2Q 2023). Net loss: JP¥7.41m (loss narrowed 96% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 17
First quarter 2024 earnings released: JP¥16.58 loss per share (vs JP¥7.48 loss in 1Q 2023) First quarter 2024 results: JP¥16.58 loss per share (further deteriorated from JP¥7.48 loss in 1Q 2023). Revenue: JP¥5.76b (up 4.4% from 1Q 2023). Net loss: JP¥224.0m (loss widened 122% from 1Q 2023). 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 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥12.44 (vs JP¥18.66 in FY 2022) Full year 2023 results: EPS: JP¥12.44 (down from JP¥18.66 in FY 2022). Revenue: JP¥24.1b (up 8.5% from FY 2022). Net income: JP¥168.0m (down 33% from FY 2022). Profit margin: 0.7% (down from 1.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • May 23
Escrit Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2024 Escrit Inc. provided consolidated earnings forecast for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 26,780 million, operating profit to be JPY 800 million, profit attributable to owners of parent to be JPY 400 million and basic earnings per share to be JPY 7.40. Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥12.44 (vs JP¥18.66 in FY 2022) Full year 2023 results: EPS: JP¥12.44 (down from JP¥18.66 in FY 2022). Revenue: JP¥24.1b (up 8.5% from FY 2022). Net income: JP¥168.0m (down 33% from FY 2022). Profit margin: 0.7% (down from 1.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Aankondiging • May 14
Escrit Inc., Annual General Meeting, Jun 22, 2023 Escrit Inc., Annual General Meeting, Jun 22, 2023. Buying Opportunity • Apr 06
Now 21% undervalued Over the last 90 days, the stock is up 3.6%. The fair value is estimated to be JP¥396, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Mar 20
Now 22% undervalued Over the last 90 days, the stock is up 8.7%. The fair value is estimated to be JP¥418, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Feb 16
Third quarter 2023 earnings released: EPS: JP¥49.66 (vs JP¥38.37 in 3Q 2022) Third quarter 2023 results: EPS: JP¥49.66 (up from JP¥38.37 in 3Q 2022). Revenue: JP¥6.90b (up 12% from 3Q 2022). Net income: JP¥670.8m (up 29% from 3Q 2022). Profit margin: 9.7% (up from 8.4% in 3Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Aankondiging • Nov 23
Escrit Inc. Provides Consolidated Earnings Guidance for the Year 2023 Escrit Inc. provided consolidated earnings guidance for the year 2023. For the year, the company expects net sales of JPY 25,741 million, operating profit of JPY 500 million, profit attributable to owners of parent JPY 300 million and basic earnings per share of JPY 5.55. Reported Earnings • Nov 20
Second quarter 2023 earnings released: JP¥5.55 loss per share (vs JP¥23.00 loss in 2Q 2022) Second quarter 2023 results: JP¥5.55 loss per share (improved from JP¥23.00 loss in 2Q 2022). Revenue: JP¥5.45b (up 15% from 2Q 2022). Net loss: JP¥74.9m (loss narrowed 76% from 2Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Price Target Changed • Nov 16
Price target increased to JP¥450 Up from JP¥410, the current price target is provided by 1 analyst. New target price is 34% above last closing price of JP¥335. Stock is down 34% over the past year. The company is forecast to post earnings per share of JP¥5.60 for next year compared to JP¥18.65 last year. Buying Opportunity • Sep 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.6%. The fair value is estimated to be JP¥455, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Sep 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be JP¥457, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Aug 20
Escrit Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Escrit Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects net sales of JPY 25,741 million, operating profit of JPY 500 million, profit attributable to owners of parent of JPY 300 million and basic earnings per share of JPY 5.55. Reported Earnings • Aug 14
First quarter 2023 earnings released: JP¥3.33 loss per share (vs JP¥26.35 profit in 1Q 2022) First quarter 2023 results: JP¥3.33 loss per share (down from JP¥26.35 profit in 1Q 2022). Revenue: JP¥5.52b (up 5.7% from 1Q 2022). Net loss: JP¥45.0m (down 113% from profit in 1Q 2022). Over the next year, revenue is forecast to grow 16%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 32% 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. Buying Opportunity • Aug 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥458, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is forecast to decline by 9.0% per annum over the same time period. Buying Opportunity • Jul 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥452, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings is forecast to decline by 9.0% per annum over the same time period. Reported Earnings • Jun 27
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥35.31 (up from JP¥420 loss in FY 2021). Revenue: JP¥22.2b (up 72% from FY 2021). Net income: JP¥477.0m (up JP¥5.89b from FY 2021). Profit margin: 2.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 16%, compared to a 9.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Aankondiging • May 24
Escrit Inc. Provides Consolidated Earnings Forecast for the Fiscal Year Ending March 31, 2023 Escrit Inc. provided consolidated earnings forecast for the fiscal year ending March 31, 2023. For the year, the company expected net sales to be JPY 25,741 million, Operating profit to be JPY 500 million, Profit attributable to owners of parent to be JPY 300 million and Basic earnings per share to be JPY 5.55. Price Target Changed • May 24
Price target increased to JP¥450 Up from JP¥410, the current price target is provided by 1 analyst. New target price is 11% above last closing price of JP¥405. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of JP¥5.60 for next year compared to JP¥35.31 last year. Major Estimate Revision • May 24
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast fell from JP¥27.8b to JP¥25.7b. EPS estimate of -JP¥9.30 up from expected loss of JP¥5.60 per share previously. Consumer Services industry in Japan expected to see average net income growth of 28% next year. Consensus price target up from JP¥410 to JP¥450. Share price was steady at JP¥405 over the past week. Reported Earnings • May 16
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥35.31 (up from JP¥420 loss in FY 2021). Revenue: JP¥22.2b (up 72% from FY 2021). Net income: JP¥477.0m (up JP¥5.89b from FY 2021). Profit margin: 2.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 25%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 57% 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. Aankondiging • May 15
Escrit Inc., Annual General Meeting, Jun 22, 2022 Escrit Inc., Annual General Meeting, Jun 22, 2022. Buying Opportunity • May 10
Now 21% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥518, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Feb 22
Escrit Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 Escrit Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company expects net sales of JPY 22,406 million, operating loss of JPY 1,174 million, profit attributable to owners of parent of JPY 100 million and basic loss per share of JPY 9.25. Reported Earnings • Feb 17
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥50.92 (up from JP¥61.42 loss in 3Q 2021). Revenue: JP¥6.18b (up 37% from 3Q 2021). Net income: JP¥687.8m (up JP¥1.52b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 24%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 24
Escrit Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 Escrit Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period, the company excepted Net sales of JPY 22,406 million, Operating loss of JPY 1,174 million, Profit attributable to owners of parent of JPY 100 million and Basic loss per share of JPY 9.25. Reported Earnings • Nov 16
Second quarter 2022 earnings released: JP¥14.65 loss per share (vs JP¥106 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥4.76b (up 85% from 2Q 2021). Net loss: JP¥197.9m (loss narrowed 86% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Aug 20
Consensus EPS estimates fall to -JP¥5.90 The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from JP¥25.4b to JP¥24.7b. Now expected to report a loss of -JP¥5.90 instead of JP¥37.00 per share profit previously forecast. Consumer Services industry in Japan expected to see average net income growth of 43% next year. Consensus price target down from JP¥500 to JP¥400. Share price fell 13% to JP¥406 over the past week. Reported Earnings • Jun 27
Full year 2021 earnings released: JP¥420 loss per share (vs JP¥38.72 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥12.9b (down 59% from FY 2020). Net loss: JP¥5.42b (down JP¥5.87b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • May 22
Full year 2021 earnings released: JP¥420 loss per share (vs JP¥38.72 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥12.9b (down 59% from FY 2020). Net loss: JP¥5.42b (down JP¥5.87b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 01
Escrit Inc. announced that it has received ¥3 billion in funding from Sumitomo Mitsui Finance and Leasing Company, Limited On March 31, 2021, Escrit Inc. (TSE:2196) closed the transaction. Major Estimate Revision • Feb 25
Analysts lower revenue estimates to JP¥11.1b The 2021 consensus revenue estimate decreased from JP¥12.6b. Earnings per share (EPS) also decreased, with analysts lowering their estimates from -JP¥370 to -JP¥455 for the same period. The Consumer Services industry in Japan is expected to see an average net income growth of 26% next year. The consensus price target increased from JP¥400 to JP¥600. Share price is up 22% to JP¥469 over the past week. Reported Earnings • Feb 17
Third quarter 2021 earnings released: JP¥61.42 loss per share (vs JP¥46.57 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥4.50b (down 46% from 3Q 2020). Net loss: JP¥830.0m (down 252% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Feb 17
Revenue and earnings miss expectations Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) also missed analyst estimates by 69%. Over the next year, revenue is forecast to grow 48%, compared to a 8.8% growth forecast for the Consumer Services industry in Japan. Aankondiging • Feb 16
Escrit Inc. announced that it expects to receive ¥3 billion in funding from Sumitomo Mitsui Finance and Leasing Company, Limited Escrit Inc. (TSE:2196) announced a private placement of 3,000 class A shares at an issue price of ¥1,000,000 per share for gross proceeds of ¥3,000,000,000 om February 15, 2021. The transaction will involve participation from Sumitomo Mitsui Finance and Leasing Company, Limited. The company will issue shares through third party allotment method. The transaction has been approved by the board of directors of the company. The investor will hold 100% stake in the company, post the closing. The company will have its extraordinary general meeting of shareholders scheduled to be held on March 25, 2021. The payment date is March 31, 2021. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥361 The company is up 1.0% from its price of JP¥357 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 12
New 90-day low: JP¥303 The company is down 18% from its price of JP¥370 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 11% over the same period. Is New 90 Day High Low • Dec 14
New 90-day low: JP¥308 The company is down 17% from its price of JP¥371 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 5.0% over the same period. Price Target Changed • Dec 01
Price target lowered to JP¥400 Down from JP¥900, the current price target is provided by 1 analyst. The new target price is 26% above the current share price of JP¥317. As of last close, the stock is down 60% over the past year. Aankondiging • Jul 17
Escrit Inc. announced that it expects to receive funding from SBI Financial Services Co., Ltd. Escrit Inc. (TSE:2196) announced a private placement of common shares on July 14, 2020. The transaction will include participation from SBI Financial Services Co., Ltd. The transaction has been approved by the company's board of directors.