Aankondiging • Jun 30
FCE Inc. to Report Q3, 2026 Results on Aug 10, 2026 FCE Inc. announced that they will report Q3, 2026 results on Aug 10, 2026 Reported Earnings • May 19
Second quarter 2026 earnings released: EPS: JP¥14.00 (vs JP¥12.80 in 2Q 2025) Second quarter 2026 results: EPS: JP¥14.00 (up from JP¥12.80 in 2Q 2025). Revenue: JP¥1.85b (up 13% from 2Q 2025). Net income: JP¥309.0m (up 10.0% from 2Q 2025). Profit margin: 17% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 22% per year and the company’s share price has also increased by 22% per year. Declared Dividend • May 16
Dividend of JP¥10.00 announced Shareholders will receive a dividend of JP¥10.00. Ex-date: 29th September 2026 Payment date: 10th December 2026 Dividend yield will be 2.2%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 20% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 14
First quarter 2026 earnings released: EPS: JP¥10.44 (vs JP¥8.01 in 1Q 2025) First quarter 2026 results: EPS: JP¥10.44 (up from JP¥8.01 in 1Q 2025). Revenue: JP¥1.59b (up 15% from 1Q 2025). Net income: JP¥230.0m (up 31% from 1Q 2025). Profit margin: 14% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. New Risk • Feb 13
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: 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¥11.9b market cap, or US$77.7m). Reported Earnings • Dec 30
Full year 2025 earnings released: EPS: JP¥30.15 (vs JP¥26.39 in FY 2024) Full year 2025 results: EPS: JP¥30.15 (up from JP¥26.39 in FY 2024). Revenue: JP¥6.10b (up 22% from FY 2024). Net income: JP¥662.0m (up 32% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Dec 27
FCE Inc. to Report Q1, 2026 Results on Feb 12, 2026 FCE Inc. announced that they will report Q1, 2026 results on Feb 12, 2026 Reported Earnings • Nov 17
Full year 2025 earnings released: EPS: JP¥30.15 (vs JP¥26.39 in FY 2024) Full year 2025 results: EPS: JP¥30.15 (up from JP¥26.39 in FY 2024). Revenue: JP¥6.10b (up 22% from FY 2024). Net income: JP¥662.0m (up 32% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Nov 13
FCE Inc., Annual General Meeting, Dec 25, 2025 FCE Inc., Annual General Meeting, Dec 25, 2025. Buy Or Sell Opportunity • Oct 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to JP¥668. The fair value is estimated to be JP¥849, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 23%. New Risk • Oct 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.1b (US$99.2m) 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (JP¥15.1b market cap, or US$99.2m). Aankondiging • Oct 01
FCE Inc. to Report Fiscal Year 2025 Results on Nov 13, 2025 FCE Inc. announced that they will report fiscal year 2025 results on Nov 13, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 11 December 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.4%). Valuation Update With 7 Day Price Move • Sep 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥717, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 43% over the past year. Reported Earnings • Aug 16
Third quarter 2025 earnings released: EPS: JP¥8.73 (vs JP¥7.55 in 3Q 2024) Third quarter 2025 results: EPS: JP¥8.73 (up from JP¥7.55 in 3Q 2024). Revenue: JP¥1.53b (up 18% from 3Q 2024). Net income: JP¥192.0m (up 35% from 3Q 2024). Profit margin: 13% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Aankondiging • Jul 02
FCE Inc. to Report Q3, 2025 Results on Aug 12, 2025 FCE Inc. announced that they will report Q3, 2025 results on Aug 12, 2025 New Risk • Jul 01
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 7.2% 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: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Reported Earnings • May 19
Second quarter 2025 earnings released: EPS: JP¥5,493 (vs JP¥12.48 in 2Q 2024) Second quarter 2025 results: EPS: JP¥5,493 (up from JP¥12.48 in 2Q 2024). Revenue: JP¥1.64b (up 21% from 2Q 2024). Net income: JP¥281.0m (up 20% from 2Q 2024). Profit margin: 17% (in line with 2Q 2024). Declared Dividend • May 16
Dividend of JP¥7.00 announced Shareholders will receive a dividend of JP¥7.00. Ex-date: 29th September 2025 Payment date: 11th December 2025 Dividend yield will be 1.2%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (35% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 01
FCE Inc. to Report Q2, 2025 Results on May 14, 2025 FCE Inc. announced that they will report Q2, 2025 results on May 14, 2025 Reported Earnings • Feb 15
First quarter 2025 earnings released: EPS: JP¥16.02 (vs JP¥11.86 in 1Q 2024) First quarter 2025 results: EPS: JP¥16.02 (up from JP¥11.86 in 1Q 2024). Revenue: JP¥1.38b (up 32% from 1Q 2024). Net income: JP¥175.0m (up 58% from 1Q 2024). Profit margin: 13% (up from 11% in 1Q 2024). The increase in margin was driven by higher revenue. Buy Or Sell Opportunity • Feb 13
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to JP¥1,135. The fair value is estimated to be JP¥929, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 20%. Aankondiging • Jan 03
FCE Inc. to Report Q1, 2025 Results on Feb 13, 2025 FCE Inc. announced that they will report Q1, 2025 results on Feb 13, 2025 Reported Earnings • Dec 31
Full year 2024 earnings released: EPS: JP¥52.79 (vs JP¥34.76 in FY 2023) Full year 2024 results: EPS: JP¥52.79 (up from JP¥34.76 in FY 2023). Revenue: JP¥5.01b (up 20% from FY 2023). Net income: JP¥502.0m (up 58% from FY 2023). Profit margin: 10.0% (up from 7.6% in FY 2023). The increase in margin was driven by higher revenue. Aankondiging • Nov 13
FCE Inc., Annual General Meeting, Dec 26, 2024 FCE Inc., Annual General Meeting, Dec 26, 2024. New Risk • Nov 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 6.4% 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (JP¥9.53b market cap, or US$61.6m). Aankondiging • Oct 01
FCE Inc. to Report Fiscal Year 2024 Results on Nov 13, 2024 FCE Inc. announced that they will report fiscal year 2024 results on Nov 13, 2024 New Risk • Sep 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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: Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (JP¥10.7b market cap, or US$75.0m). Buy Or Sell Opportunity • Sep 10
Now 22% undervalued Over the last 90 days, the stock has risen 26% to JP¥973. The fair value is estimated to be JP¥1,241, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 19%. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥700, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total returns to shareholders of 9.5% over the past year. Aankondiging • Jul 04
FCE Inc. to Report Q3, 2024 Results on Aug 13, 2024 FCE Inc. announced that they will report Q3, 2024 results on Aug 13, 2024 Reported Earnings • May 17
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: JP¥1.35b (up 32% from 2Q 2023). Net income: JP¥234.0m (up 109% from 2Q 2023). Profit margin: 17% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. New Risk • Apr 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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: Minor Risks Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (JP¥7.43b market cap, or US$48.9m). Aankondiging • Mar 31
FCE Inc. to Report Q2, 2024 Results on May 13, 2024 FCE Inc. announced that they will report Q2, 2024 results on May 13, 2024 Aankondiging • Mar 22
FCE Inc. Provides Consolidated Earnings Guidance for the Year Ending September 30, 2024 FCE Inc. provided consolidated earnings guidance for the year ending September 30, 2024. For the period, the company expects net sales of ¥4,600 million, operating profit of ¥707 million, Profit attributable to owners of parent of ¥454 million or ¥145.38 basic per share. Reported Earnings • Feb 16
First quarter 2024 earnings released: EPS: JP¥35.59 (vs JP¥1.87 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥35.59 (up from JP¥1.87 loss in 1Q 2023). Revenue: JP¥1.04b (up 15% from 1Q 2023). Net income: JP¥111.0m (up JP¥116.0m from 1Q 2023). Profit margin: 11% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Aankondiging • Jan 11
FCE Inc. to Report Q1, 2024 Results on Feb 13, 2024 FCE Inc. announced that they will report Q1, 2024 results on Feb 13, 2024 Aankondiging • Oct 05
FCE Holdings Inc. to Report Fiscal Year 2023 Results on Nov 13, 2023 FCE Holdings Inc. announced that they will report fiscal year 2023 results on Nov 13, 2023 Aankondiging • Jul 06
FCE Holdings Inc. to Report Q3, 2023 Results on Aug 10, 2023 FCE Holdings Inc. announced that they will report Q3, 2023 results on Aug 10, 2023 New Risk • Jun 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Market cap is less than US$100m (JP¥5.54b market cap, or US$38.4m). Aankondiging • Jan 13
FCE Holdings Inc. to Report Q1, 2023 Results on Feb 13, 2023 FCE Holdings Inc. announced that they will report Q1, 2023 results on Feb 13, 2023 Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,628, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥1,764, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Reported Earnings • Nov 17
Full year 2022 earnings released: EPS: JP¥109 (vs JP¥70.28 in FY 2021) Full year 2022 results: EPS: JP¥109 (up from JP¥70.28 in FY 2021). Revenue: JP¥3.75b (up 6.6% from FY 2021). Net income: JP¥299.0m (up 42% from FY 2021). Profit margin: 8.0% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Aankondiging • Nov 02
FCE Holdings Inc. to Report Fiscal Year 2022 Results on Nov 14, 2022 FCE Holdings Inc. announced that they will report fiscal year 2022 results on Nov 14, 2022 Aankondiging • Oct 28
FCE Holdings Inc. has completed an IPO in the amount of ¥649.584 million. FCE Holdings Inc. has completed an IPO in the amount of ¥649.584 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 416,400
Price\Range: ¥1560
Discount Per Security: ¥124.8