Reported Earnings • Jun 16
Third quarter 2026 earnings released: EPS: JP¥17.86 (vs JP¥32.72 in 3Q 2025) Third quarter 2026 results: EPS: JP¥17.86 (down from JP¥32.72 in 3Q 2025). Revenue: JP¥3.60b (up 1.5% from 3Q 2025). Net income: JP¥95.0m (down 45% from 3Q 2025). Profit margin: 2.6% (down from 4.9% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 14
Second quarter 2026 earnings released: EPS: JP¥50.77 (vs JP¥34.41 in 2Q 2025) Second quarter 2026 results: EPS: JP¥50.77 (up from JP¥34.41 in 2Q 2025). Revenue: JP¥3.74b (up 14% from 2Q 2025). Net income: JP¥270.0m (up 48% from 2Q 2025). Profit margin: 7.2% (up from 5.6% in 2Q 2025). Aankondiging • Dec 18
Brass Corporation to Report Q2, 2026 Results on Mar 13, 2026 Brass Corporation announced that they will report Q2, 2026 results on Mar 13, 2026 Reported Earnings • Dec 16
First quarter 2026 earnings released: JP¥26.70 loss per share (vs JP¥9.78 profit in 1Q 2025) First quarter 2026 results: JP¥26.70 loss per share (down from JP¥9.78 profit in 1Q 2025). Revenue: JP¥3.17b (flat on 1Q 2025). Net loss: JP¥142.0m (down 373% from profit in 1Q 2025). Aankondiging • Oct 01
Brass Corporation to Report Q1, 2026 Results on Dec 15, 2025 Brass Corporation announced that they will report Q1, 2026 results on Dec 15, 2025 Reported Earnings • Sep 14
Full year 2025 earnings released: EPS: JP¥77.46 (vs JP¥51.07 in FY 2024) Full year 2025 results: EPS: JP¥77.46 (up from JP¥51.07 in FY 2024). Revenue: JP¥13.6b (up 6.6% from FY 2024). Net income: JP¥412.0m (up 50% from FY 2024). Profit margin: 3.0% (up from 2.2% in FY 2024). Aankondiging • Sep 12
Brass Corporation, Annual General Meeting, Oct 29, 2025 Brass Corporation, Annual General Meeting, Oct 29, 2025. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 July 2025. Payment date: 31 October 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (2.7%). Aankondiging • Jul 06
Brass Corporation to Report Fiscal Year 2025 Results on Sep 12, 2025 Brass Corporation announced that they will report fiscal year 2025 results on Sep 12, 2025 Reported Earnings • Jun 16
Third quarter 2025 earnings released: EPS: JP¥32.72 (vs JP¥9.32 in 3Q 2024) Third quarter 2025 results: EPS: JP¥32.72 (up from JP¥9.32 in 3Q 2024). Revenue: JP¥3.55b (up 6.7% from 3Q 2024). Net income: JP¥174.0m (up 248% from 3Q 2024). Profit margin: 4.9% (up from 1.5% in 3Q 2024). The increase in margin was driven by higher revenue. Aankondiging • Apr 29
Brass Corporation to Report Q3, 2025 Results on Jun 13, 2025 Brass Corporation announced that they will report Q3, 2025 results on Jun 13, 2025 Reported Earnings • Mar 15
Second quarter 2025 earnings released: EPS: JP¥34.41 (vs JP¥11.63 in 2Q 2024) Second quarter 2025 results: EPS: JP¥34.41 (up from JP¥11.63 in 2Q 2024). Revenue: JP¥3.28b (up 7.8% from 2Q 2024). Net income: JP¥183.0m (up 191% from 2Q 2024). Profit margin: 5.6% (up from 2.1% in 2Q 2024). The increase in margin was driven by higher revenue. Aankondiging • Jan 03
Brass Corporation to Report Q2, 2025 Results on Mar 14, 2025 Brass Corporation announced that they will report Q2, 2025 results on Mar 14, 2025 Reported Earnings • Dec 15
First quarter 2025 earnings released: EPS: JP¥9.78 (vs JP¥31.47 in 1Q 2024) First quarter 2025 results: EPS: JP¥9.78 (down from JP¥31.47 in 1Q 2024). Revenue: JP¥3.18b (down 1.0% from 1Q 2024). Net income: JP¥52.0m (down 70% from 1Q 2024). Profit margin: 1.6% (down from 5.3% in 1Q 2024). Aankondiging • Oct 02
Brass Corporation to Report Q1, 2025 Results on Dec 13, 2024 Brass Corporation announced that they will report Q1, 2025 results on Dec 13, 2024 Reported Earnings • Sep 17
Full year 2024 earnings released: EPS: JP¥51.07 (vs JP¥133 in FY 2023) Full year 2024 results: EPS: JP¥51.07 (down from JP¥133 in FY 2023). Revenue: JP¥12.7b (down 4.0% from FY 2023). Net income: JP¥275.0m (down 62% from FY 2023). Profit margin: 2.2% (down from 5.4% in FY 2023). Aankondiging • Sep 13
Brass Corporation, Annual General Meeting, Oct 30, 2024 Brass Corporation, Annual General Meeting, Oct 30, 2024. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥613, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 27% over the past three years. Aankondiging • Jul 30
Brass Corporation to Report Fiscal Year 2024 Results on Sep 13, 2024 Brass Corporation announced that they will report fiscal year 2024 results on Sep 13, 2024 Upcoming Dividend • Jul 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 26 October 2024. Payout ratio is a comfortable 9.4% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.6%). Reported Earnings • Jun 16
Third quarter 2024 earnings released: EPS: JP¥9.32 (vs JP¥11.41 in 3Q 2023) Third quarter 2024 results: EPS: JP¥9.32 (down from JP¥11.41 in 3Q 2023). Revenue: JP¥3.33b (down 2.1% from 3Q 2023). Net income: JP¥50.0m (down 19% from 3Q 2023). Profit margin: 1.5% (down from 1.8% in 3Q 2023). Aankondiging • Mar 31
Brass Corporation to Report Q3, 2024 Results on Jun 14, 2024 Brass Corporation announced that they will report Q3, 2024 results on Jun 14, 2024 Reported Earnings • Mar 17
Second quarter 2024 earnings released: EPS: JP¥11.63 (vs JP¥11.41 in 2Q 2023) Second quarter 2024 results: EPS: JP¥11.63 (up from JP¥11.41 in 2Q 2023). Revenue: JP¥3.04b (down 10% from 2Q 2023). Net income: JP¥63.0m (up 1.6% from 2Q 2023). Profit margin: 2.1% (up from 1.8% in 2Q 2023). Reported Earnings • Dec 15
First quarter 2024 earnings released: EPS: JP¥31.47 (vs JP¥11.41 in 1Q 2023) First quarter 2024 results: EPS: JP¥31.47 (up from JP¥11.41 in 1Q 2023). Revenue: JP¥3.21b (down 5.4% from 1Q 2023). Net income: JP¥171.0m (up 176% from 1Q 2023). Profit margin: 5.3% (up from 1.8% in 1Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Consumer Services industry in Japan. Aankondiging • Nov 17
Brass Corporation (TSE:2424) announces an Equity Buyback for 300,000 shares, representing 5.52% for ¥200 million. Brass Corporation (TSE:2424) announces a share repurchase program. Under the program, the company will repurchase 300,000 shares, representing 5.52% of its issued share capital, for ¥200 million. The purpose of the program is to acquire shares in preparation with company's new capital strategy. The program will run until April 22, 2024. As of October 31, 2023, the company had 5,434,661 issued shares (excluding treasury stock) and 274,639 shares in treasury. Aankondiging • Oct 28
Brass Corporation to Report Q1, 2024 Results on Dec 14, 2023 Brass Corporation announced that they will report Q1, 2024 results on Dec 14, 2023 Aankondiging • Sep 16
Brass Corporation, Annual General Meeting, Oct 25, 2023 Brass Corporation, Annual General Meeting, Oct 25, 2023. Aankondiging • Jul 04
Brass Corporation to Report Fiscal Year 2023 Results on Sep 14, 2023 Brass Corporation announced that they will report fiscal year 2023 results on Sep 14, 2023 New Risk • Jun 15
New major 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 7.4% 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 No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (JP¥6.53b market cap, or US$46.6m). Reported Earnings • Mar 15
Second quarter 2023 earnings released: EPS: JP¥54.65 (vs JP¥42.49 in 2Q 2022) Second quarter 2023 results: EPS: JP¥54.65 (up from JP¥42.49 in 2Q 2022). Revenue: JP¥3.27b (up 20% from 2Q 2022). Net income: JP¥297.0m (up 24% from 2Q 2022). Profit margin: 9.1% (up from 8.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 06
Brass Corporation to Report Q2, 2023 Results on Mar 14, 2023 Brass Corporation announced that they will report Q2, 2023 results on Mar 14, 2023 Reported Earnings • Dec 16
First quarter 2023 earnings released: EPS: JP¥62.75 (vs JP¥7.44 in 1Q 2022) First quarter 2023 results: EPS: JP¥62.75 (up from JP¥7.44 in 1Q 2022). Revenue: JP¥3.42b (up 42% from 1Q 2022). Net income: JP¥341.0m (up JP¥299.0m from 1Q 2022). Profit margin: 10.0% (up from 1.7% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥1,198, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 44% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent External Director Yoshinori Yamada was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Full year 2022 earnings released: EPS: JP¥131 (vs JP¥29.92 in FY 2021) Full year 2022 results: EPS: JP¥131 (up from JP¥29.92 in FY 2021). Revenue: JP¥11.4b (up 22% from FY 2021). Net income: JP¥734.0m (up 334% from FY 2021). Profit margin: 6.4% (up from 1.8% in FY 2021). 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 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Sep 28
Brass Corporation (TSE:2424) acquired Arrow Bright Co., Ltd. Brass Corporation (TSE:2424) acquired Arrow Bright Co., Ltd on September 27, 2022.
Brass Corporation (TSE:2424) completed the acquisition of Arrow Bright Co., Ltd on September 27, 2022. Aankondiging • Sep 15
Brass Corporation, Annual General Meeting, Oct 26, 2022 Brass Corporation, Annual General Meeting, Oct 26, 2022. Reported Earnings • Sep 15
Full year 2022 earnings released: EPS: JP¥131 (vs JP¥29.92 in FY 2021) Full year 2022 results: EPS: JP¥131 (up from JP¥29.92 in FY 2021). Revenue: JP¥11.4b (up 22% from FY 2021). Net income: JP¥734.0m (up 334% from FY 2021). Profit margin: 6.4% (up from 1.8% in FY 2021). 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 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,112, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 18x in the Consumer Services industry in Japan. Total returns to shareholders of 69% over the past three years. Aankondiging • Jul 02
Brass Corporation to Report Fiscal Year 2022 Results on Sep 13, 2022 Brass Corporation announced that they will report fiscal year 2022 results on Sep 13, 2022 Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 28% share price gain to JP¥1,012, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 54% over the past three years. Reported Earnings • Jun 14
Third quarter 2022 earnings released: EPS: JP¥13.50 (vs JP¥1.95 loss in 3Q 2021) Third quarter 2022 results: EPS: JP¥13.50 (up from JP¥1.95 loss in 3Q 2021). Revenue: JP¥2.74b (up 18% from 3Q 2021). Net income: JP¥76.0m (up JP¥87.0m from 3Q 2021). Profit margin: 2.8% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥783, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 30% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent External Director Yoshinori Yamada was the last independent 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: Minority of independent directors. Insufficient board refreshment. Aankondiging • Apr 07
Brass Corporation to Report Q3, 2022 Results on Jun 13, 2022 Brass Corporation announced that they will report Q3, 2022 results on Jun 13, 2022 Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 24% share price gain to JP¥806, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 18x in the Consumer Services industry in Japan. Total returns to shareholders of 34% over the past three years. Reported Earnings • Mar 16
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥42.49 (up from JP¥20.71 in 2Q 2021). Revenue: JP¥2.73b (up 20% from 2Q 2021). Net income: JP¥240.0m (up 105% from 2Q 2021). Profit margin: 8.8% (up from 5.1% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Dec 17
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥7.44 (up from JP¥29.21 loss in 1Q 2021). Revenue: JP¥2.41b (up 47% from 1Q 2021). Net income: JP¥42.0m (up JP¥207.0m from 1Q 2021). Profit margin: 1.7% (up from net loss in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥777, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 20x in the Consumer Services industry in Japan. Total returns to shareholders of 47% over the past three years. Reported Earnings • Nov 02
Full year 2021 earnings released: EPS JP¥29.92 (vs JP¥208 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥9.34b (up 17% from FY 2020). Net income: JP¥169.0m (up JP¥1.35b from FY 2020). Profit margin: 1.8% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 33% share price gain to JP¥817, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 27x in the Consumer Services industry in Japan. Total returns to shareholders of 22% over the past three years. Reported Earnings • Sep 16
Full year 2021 earnings released: EPS JP¥29.92 (vs JP¥208 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥9.34b (up 17% from FY 2020). Net income: JP¥169.0m (up JP¥1.35b from FY 2020). Profit margin: 1.8% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 17
Third quarter 2021 earnings released: JP¥1.95 loss per share (vs JP¥144 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥2.32b (up 24% from 3Q 2020). Net loss: JP¥11.0m (loss narrowed 99% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 14
Second quarter 2021 earnings released: EPS JP¥20.71 (vs JP¥16.90 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥2.28b (down 17% from 2Q 2020). Net income: JP¥117.0m (up 22% from 2Q 2020). Profit margin: 5.1% (up from 3.5% in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 30
Brass Corporation to Report Q2, 2021 Results on Mar 12, 2021 Brass Corporation announced that they will report Q2, 2021 results on Mar 12, 2021 Reported Earnings • Dec 16
First quarter 2021 earnings released: JP¥29.21 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: JP¥1.65b (down 45% from 1Q 2020). Net loss: JP¥165.0m (down 176% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 90% 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. Is New 90 Day High Low • Dec 11
New 90-day low: JP¥386 The company is down 20% from its price of JP¥484 on 11 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. Aankondiging • Aug 03
Brass Corporation to Report Fiscal Year 2020 Results on Oct 09, 2020 Brass Corporation announced that they will report fiscal year 2020 results on Oct 09, 2020