Reported Earnings • May 15
First quarter 2026 earnings released: EPS: JP¥30.36 (vs JP¥11.97 in 1Q 2025) First quarter 2026 results: EPS: JP¥30.36 (up from JP¥11.97 in 1Q 2025). Revenue: JP¥4.05b (up 35% from 1Q 2025). Net income: JP¥300.0m (up 162% from 1Q 2025). Profit margin: 7.4% (up from 3.8% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Buy Or Sell Opportunity • Feb 18
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 111% to JP¥4,550. The fair value is estimated to be JP¥3,539, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. New Risk • Feb 17
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: 12% Last year net profit margin: 19% 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 Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (12% net profit margin). Aankondiging • Feb 16
Inforich Inc., Annual General Meeting, Mar 27, 2026 Inforich Inc., Annual General Meeting, Mar 27, 2026. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to JP¥2,605, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 48% over the past three years. Aankondiging • Feb 14
Inforich Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2026 Inforich Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2026. For the full year, the company expects net sales to be JPY 17,081 million. Operating profit to be JPY 1,192 million. Profit attributable to owners of parent to be JPY 1,184 million. Earnings per share to be JPY 118.96. Aankondiging • Jan 08
Inforich Inc. (TSE:9338) executed a Share Purchase Agreement to acquire 49% stake in CHARGESPOT (THAILAND) COMPANY LIMITED from Peoni Corporation Company Limited for ¥4 million. Inforich Inc. (TSE:9338) executed a Share Purchase Agreement to acquire 49% stake in CHARGESPOT (THAILAND) COMPANY LIMITED from Peoni Corporation Company Limited for ¥4 million on January 7, 2026. A cash consideration of ¥4 million will be paid by Inforich Inc. The transaction is expected to close on January 26, 2026. Aankondiging • Dec 04
Inforich Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 Inforich Inc. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Feb 13, 2026 Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,137, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total loss to shareholders of 60% over the past year. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: JP¥50.78 (vs JP¥49.60 in 3Q 2024) Third quarter 2025 results: EPS: JP¥50.78 (up from JP¥49.60 in 3Q 2024). Revenue: JP¥3.74b (up 30% from 3Q 2024). Net income: JP¥498.0m (up 6.1% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Consumer Services industry in Japan. Aankondiging • Sep 03
Inforich Inc. to Report Q3, 2025 Results on Nov 12, 2025 Inforich Inc. announced that they will report Q3, 2025 results on Nov 12, 2025 Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: JP¥13.64 (vs JP¥34.34 in 2Q 2024) Second quarter 2025 results: EPS: JP¥13.64 (down from JP¥34.34 in 2Q 2024). Revenue: JP¥3.25b (up 30% from 2Q 2024). Net income: JP¥132.4m (down 59% from 2Q 2024). Profit margin: 4.1% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,360, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Consumer Services industry in Japan. Total loss to shareholders of 25% over the past year. Aankondiging • Jun 12
Inforich Inc. to Report Q2, 2025 Results on Aug 13, 2025 Inforich Inc. announced that they will report Q2, 2025 results on Aug 13, 2025 Reported Earnings • May 19
First quarter 2025 earnings released: EPS: JP¥11.90 (vs JP¥10.49 in 1Q 2024) First quarter 2025 results: EPS: JP¥11.90 (up from JP¥10.49 in 1Q 2024). Revenue: JP¥3.00b (up 44% from 1Q 2024). Net income: JP¥114.0m (up 15% from 1Q 2024). Profit margin: 3.8% (down from 4.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,215, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Consumer Services industry in Japan. Total loss to shareholders of 4.0% over the past year. New Risk • Apr 07
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 7.7% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 05
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: JP¥218 (up from JP¥61.40 in FY 2023). Revenue: JP¥10.7b (up 39% from FY 2023). Net income: JP¥2.06b (up 261% from FY 2023). Profit margin: 19% (up from 7.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥3,355, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Consumer Services industry in Japan. Total loss to shareholders of 32% over the past year. Aankondiging • Apr 01
Inforich Inc. (TSE:9338) acquired 6.93% stake in TrimCo., Ltd. from Yusuke Hasegawa for ¥94 million. Inforich Inc. (TSE:9338) acquired 6.93% stake in TrimCo., Ltd. from Yusuke Hasegawa for ¥94 million on March 25, 2025. A cash consideration of ¥94 million will be paid by Inforich Inc. As part of consideration, ¥94 million is paid towards common equity of TrimCo., Ltd.
Inforich Inc. (TSE:9338) completed the acquisition of 6.93% stake in TrimCo., Ltd. from Yusuke Hasegawa on March 25, 2025. Major Estimate Revision • Mar 13
Consensus EPS estimates increase by 15%, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from JP¥16.0b to JP¥15.8b. EPS estimate rose from JP¥217 to JP¥250. Net income forecast to grow 15% next year vs 20% growth forecast for Consumer Services industry in Japan. Consensus price target down from JP¥9,170 to JP¥8,020. Share price fell 4.3% to JP¥3,830 over the past week. Price Target Changed • Mar 11
Price target decreased by 13% to JP¥8,020 Down from JP¥9,170, the current price target is an average from 2 analysts. New target price is 108% above last closing price of JP¥3,860. Stock is down 8.2% over the past year. The company is forecast to post earnings per share of JP¥232 for next year compared to JP¥218 last year. Aankondiging • Mar 08
Inforich Inc. to Report Q1, 2025 Results on May 14, 2025 Inforich Inc. announced that they will report Q1, 2025 results on May 14, 2025 Major Estimate Revision • Feb 20
Consensus EPS estimates fall by 20%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from JP¥15.6b to JP¥16.0b. EPS estimate fell from JP¥270 to JP¥217 per share. Net income forecast to shrink 0.004% next year vs 16% growth forecast for Consumer Services industry in Japan . Consensus price target broadly unchanged at JP¥9,170. Share price fell 15% to JP¥3,945 over the past week. Reported Earnings • Feb 15
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: JP¥218 (up from JP¥61.40 in FY 2023). Revenue: JP¥10.7b (up 39% from FY 2023). Net income: JP¥2.06b (up 261% from FY 2023). Profit margin: 19% (up from 7.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Consumer Services industry in Japan. Aankondiging • Feb 14
Inforich Inc. Provides Consolidated Earnings Guidance for the Year Ending December 2025 Inforich Inc. provided consolidated earnings guidance for the year ending December 2025. For the year ending December 2025, the company expects consolidated net sales of JPY 15,647 million, operating profit of JPY 2,314 million and net profit attributable to owners of parent of JPY 2,358 million. Aankondiging • Feb 13
Inforich Inc., Annual General Meeting, Mar 28, 2025 Inforich Inc., Annual General Meeting, Mar 28, 2025. Aankondiging • Dec 21
Inforich Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025 Inforich Inc. announced that they will report fiscal year 2024 results on Feb 13, 2025 Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥4,505, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Consumer Services industry in Japan. Total loss to shareholders of 10% over the past year. Price Target Changed • Nov 23
Price target decreased by 21% to JP¥7,450 Down from JP¥9,480, the current price target is provided by 1 analyst. New target price is 48% above last closing price of JP¥5,020. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of JP¥168 for next year compared to JP¥61.40 last year. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: JP¥49.60 (vs JP¥22.67 in 3Q 2023) Third quarter 2024 results: EPS: JP¥49.60 (up from JP¥22.67 in 3Q 2023). Revenue: JP¥2.89b (up 38% from 3Q 2023). Net income: JP¥469.6m (up 123% from 3Q 2023). Profit margin: 16% (up from 10.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to JP¥5,180, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Consumer Services industry in Japan. Negligible returns to shareholders over past year. Aankondiging • Oct 01
Inforich Inc. (TSE:9338) completed the acquisition of ChargeSpot Digital Service Co. Ltd from ChargeSPOT Taiwan for approximately TWD 600 million. Inforich Inc. (TSE:9338) agreed to acquire ChargeSpot Digital Service Co. Ltd from ChargeSPOT Taiwan for approximately TWD 600 million on September 19, 2024. For the period ending December 31, 2023, ChargeSpot Digital Service Co. Ltd reported total revenue of TWD 137.35 million and EBIT of TWD 14.78 million. As of December 31, 2023, ChargeSpot Digital Service Co. Ltd reported total assets of TWD 106.12 million and total common equity of TWD 22.26 million. The expected completion of the transaction is September 30, 2024.
Inforich Inc. (TSE:9338) completed the acquisition of ChargeSpot Digital Service Co. Ltd from ChargeSPOT Taiwan on September 30, 2024 Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥4,430, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 17% over the past year. Aankondiging • Aug 30
Inforich Inc. to Report Q3, 2024 Results on Nov 13, 2024 Inforich Inc. announced that they will report Q3, 2024 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥4,140, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 21% over the past year. Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: JP¥34.27 (vs JP¥22.67 in 2Q 2023) Second quarter 2024 results: EPS: JP¥34.27 (up from JP¥22.67 in 2Q 2023). Revenue: JP¥2.50b (up 19% from 2Q 2023). Net income: JP¥324.3m (up 54% from 2Q 2023). Profit margin: 13% (up from 10.0% in 2Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,065, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 29% over the past year. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥4,020, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Consumer Services industry in Japan. Total returns to shareholders of 131% over the past year. Aankondiging • Jun 14
Inforich Inc. to Report Q2, 2024 Results on Aug 13, 2024 Inforich Inc. announced that they will report Q2, 2024 results on Aug 13, 2024 New Risk • May 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Reported Earnings • May 18
First quarter 2024 earnings released: EPS: JP¥10.49 (vs JP¥39.03 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥10.49 (up from JP¥39.03 loss in 1Q 2023). Revenue: JP¥2.09b (up 38% from 1Q 2023). Net income: JP¥99.0m (up JP¥450.0m from 1Q 2023). Profit margin: 4.7% (up from net loss in 1Q 2023). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥4,135, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 231% over the past year. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥4,595, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 163% over the past year. Aankondiging • Mar 13
Inforich Inc. to Report Q1, 2024 Results on May 14, 2024 Inforich Inc. announced that they will report Q1, 2024 results on May 14, 2024 Aankondiging • Feb 16
Inforich Inc., Annual General Meeting, Mar 28, 2024 Inforich Inc., Annual General Meeting, Mar 28, 2024. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2024 The analyst covering Inforich previously expected the company to break even in 2023. New forecast suggests the company will make a profit of JP¥2.16b in 2024. Average annual earnings growth of 56% is required to achieve expected profit on schedule. Aankondiging • Dec 05
Inforich Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 Inforich Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 New Risk • Oct 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Aankondiging • Aug 30
Inforich Inc. to Report Q3, 2023 Results on Nov 14, 2023 Inforich Inc. announced that they will report Q3, 2023 results on Nov 14, 2023 Aankondiging • Jun 17
Inforich Inc. to Report Q2, 2023 Results on Aug 10, 2023 Inforich Inc. announced that they will report Q2, 2023 results on Aug 10, 2023 Reported Earnings • Feb 19
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: JP¥692 loss per share (improved from JP¥1,432 loss in FY 2021). Revenue: JP¥4.39b (up 167% from FY 2021). Net loss: JP¥1.24b (loss narrowed 44% from FY 2021). Revenue exceeded analyst estimates by 9.7%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Aankondiging • Dec 28
Inforich Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023 Inforich Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023 Aankondiging • Dec 21
Inforich Inc. has completed an IPO in the amount of ¥213.44 million. Inforich Inc. has completed an IPO in the amount of ¥213.44 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 46,400
Price\Range: ¥4600
Discount Per Security: ¥368
Transaction Features: Sponsor Backed Offering