Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥18.88 (vs JP¥16.54 in FY 2025) Full year 2026 results: EPS: JP¥18.88 (up from JP¥16.54 in FY 2025). Revenue: JP¥3.51b (up 21% from FY 2025). Net income: JP¥221.0m (up 30% from FY 2025). Profit margin: 6.3% (up from 5.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Aankondiging • May 15
Socialwire Co., Ltd., Annual General Meeting, Jun 24, 2026 Socialwire Co., Ltd., Annual General Meeting, Jun 24, 2026. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥4.70 (vs JP¥5.36 in 3Q 2025) Third quarter 2026 results: EPS: JP¥4.70 (down from JP¥5.36 in 3Q 2025). Revenue: JP¥1.00b (up 32% from 3Q 2025). Net income: JP¥55.0m (down 15% from 3Q 2025). Profit margin: 5.5% (down from 8.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Dec 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥3.14b market cap, or US$20.1m). Aankondiging • Sep 17
founder of MK1 agreed to acquire 65% stake in MK1 Technology Vietnam Company Limited from Socialwire Co., Ltd. (TSE:3929) for ¥15 million. founder of MK1 agreed to acquire 65% stake in MK1 Technology Vietnam Company Limited from Socialwire Co., Ltd. (TSE:3929) for ¥15 million on September 16, 2025. A cash consideration of ¥15 million will be paid by the buyer. As part of consideration, ¥15 million is paid towards common equity of MK1 Technology Vietnam Company Limited.
For the period ending December 31, 2024, MK1 Technology Vietnam Company Limited reported total revenue of ¥7.65 billion, EBIT of ¥784 million and net income of ¥781 million. As of December 31, 2024, MK1 Technology Vietnam Company Limited reported total assets of ¥2.23 billion and total common equity of ¥1.33 billion.
The expected completion of the transaction is September 30, 2025. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥291, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 17x in the Media industry in Japan. Total loss to shareholders of 9.3% over the past three years. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: JP¥1.71 (vs JP¥0.84 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥1.71 (up from JP¥0.84 loss in 1Q 2025). Revenue: JP¥700.0m (down 2.2% from 1Q 2025). Net income: JP¥20.0m (up JP¥25.0m from 1Q 2025). Profit margin: 2.9% (up from net loss in 1Q 2025). 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 6% per year, which means it is significantly lagging earnings. Board Change • Jul 09
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Outside Director Seiichi Ohno was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. New Risk • May 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 112% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (112% accrual ratio). Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥2.83b market cap, or US$19.4m). Aankondiging • May 13
Socialwire Co., Ltd., Annual General Meeting, Jun 24, 2025 Socialwire Co., Ltd., Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥224, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 17x in the Media industry in Japan. Total loss to shareholders of 52% over the past three years. 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 6.5% 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 Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.12b market cap, or US$14.5m). 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¥181, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 16x in the Media industry in Japan. Total loss to shareholders of 61% over the past three years. Aankondiging • Mar 03
Socialwire Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Socialwire Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 17
Third quarter 2025 earnings released: EPS: JP¥5.36 (vs JP¥17.58 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.36 (down from JP¥17.58 in 3Q 2024). Revenue: JP¥760.0m (flat on 3Q 2024). Net income: JP¥65.0m (down 38% from 3Q 2024). Profit margin: 8.6% (down from 14% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. New Risk • Nov 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 178% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (178% accrual ratio). Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥2.56b market cap, or US$16.6m). Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: JP¥7.67 (vs JP¥29.13 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥7.67 (up from JP¥29.13 loss in 2Q 2024). Revenue: JP¥751.0m (down 27% from 2Q 2024). Net income: JP¥90.0m (up JP¥264.0m from 2Q 2024). Profit margin: 12% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 30% per year. Aankondiging • Oct 03
JAPAN AI, Inc. agreed to acquire Transmart Inc. from Socialwire Co., Ltd. (TSE:3929) for ¥32.5 million. JAPAN AI, Inc. agreed to acquire Transmart Inc. from Socialwire Co., Ltd. (TSE:3929) for ¥32.5 million on October 1, 2024. A cash consideration of ¥32.5 million will be paid by JAPAN AI, Inc. As part of consideration, ¥32.5 million is paid towards common equity of Transmart Inc.
As of March 31, 2024, Transmart Inc reported sales of ¥230 million, operating profit of ¥7.7 million, net income of ¥6.2 million, net worth of ¥39.4 million, and total assets of ¥88 million.
The expected completion of the transaction is October 1, 2024. Aankondiging • Aug 14
Zero-Ten Co., Ltd. agreed to acquire Crosscoop Singapore Pte Ltd. from Socialwire Co., Ltd. (TSE:3929). Zero-Ten Co., Ltd. agreed to acquire Crosscoop Singapore Pte Ltd. from Socialwire Co., Ltd. (TSE:3929) on August 13, 2024.
The expected completion of the transaction is September 2, 2024. New Risk • Aug 05
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 Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥2.06b market cap, or US$14.5m). New Risk • Jul 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 96% 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 Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (96% increase in shares outstanding). Minor Risk Market cap is less than US$100m (JP¥3.16b market cap, or US$19.7m). Reported Earnings • May 17
Full year 2024 earnings released: JP¥24.45 loss per share (vs JP¥147 loss in FY 2023) Full year 2024 results: JP¥24.45 loss per share (improved from JP¥147 loss in FY 2023). Revenue: JP¥3.67b (down 23% from FY 2023). Net loss: JP¥146.0m (loss narrowed 83% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Aankondiging • May 15
Socialwire Co., Ltd., Annual General Meeting, Jun 27, 2024 Socialwire Co., Ltd., Annual General Meeting, Jun 27, 2024. Aankondiging • Apr 26
Socialwire Co., Ltd. announced that it expects to receive ¥1.3250622 billion in funding from Geniee, Inc. Socialwire Co., Ltd. announced a private placement of 5,736,200 common shares at a price of ¥231 per share for the aggregate gross proceeds of ¥1,325,062,200 on April 25, 2024. The shares will be issued through third-party allotment. The transaction will include participation from new investor, Geniee, Inc. The transaction is expected to close on July 1, 2024. The transaction has been approved by the board of directors of the company. New Risk • Apr 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.51b (US$9.92m) This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 80% per year over the past 5 years. Market cap is less than US$10m (JP¥1.51b market cap, or US$9.92m). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥17.58 (vs JP¥3.52 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥17.58 (up from JP¥3.52 loss in 3Q 2023). Revenue: JP¥762.0m (down 38% from 3Q 2023). Net income: JP¥105.0m (up JP¥126.0m from 3Q 2023). Profit margin: 14% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. New Risk • Feb 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.46b (US$9.96m) This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 81% per year over the past 5 years. Market cap is less than US$10m (JP¥1.46b market cap, or US$9.96m). Minor Risk Negative equity (-JP¥7.0m). Board Change • Jan 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Seiichi Ohno was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2024 earnings released: JP¥29.13 loss per share (vs JP¥10.21 loss in 2Q 2023) Second quarter 2024 results: JP¥29.13 loss per share (further deteriorated from JP¥10.21 loss in 2Q 2023). Revenue: JP¥1.02b (down 13% from 2Q 2023). Net loss: JP¥174.0m (loss widened 185% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. New Risk • Nov 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.43b (US$9.45m) This is considered a major 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: Major Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 80% per year over the past 5 years. Market cap is less than US$10m (JP¥1.43b market cap, or US$9.45m). Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥8.87 loss per share (vs JP¥14.73 loss in 1Q 2023) First quarter 2024 results: JP¥8.87 loss per share (improved from JP¥14.73 loss in 1Q 2023). Revenue: JP¥1.14b (flat on 1Q 2023). Net loss: JP¥53.0m (loss narrowed 40% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Seiichi Ohno was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 29
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 6.9% 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 Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Earnings have declined by 76% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (JP¥1.76b market cap, or US$12.2m). Aankondiging • May 25
Socialwire Co., Ltd., Annual General Meeting, Jun 29, 2023 Socialwire Co., Ltd., Annual General Meeting, Jun 29, 2023. Reported Earnings • May 24
Full year 2023 earnings released: JP¥147 loss per share (vs JP¥4.68 profit in FY 2022) Full year 2023 results: JP¥147 loss per share (down from JP¥4.68 profit in FY 2022). Revenue: JP¥4.77b (up 3.0% from FY 2022). Net loss: JP¥876.0m (down JP¥904.0m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥3.52 loss per share (vs JP¥12.22 profit in 3Q 2022) Third quarter 2023 results: JP¥3.52 loss per share (down from JP¥12.22 profit in 3Q 2022). Revenue: JP¥1.23b (up 4.8% from 3Q 2022). Net loss: JP¥21.0m (down 129% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 27
Socialwire Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Socialwire Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 06
Second quarter 2023 earnings released: JP¥10.21 loss per share (vs JP¥3.68 profit in 2Q 2022) Second quarter 2023 results: JP¥10.21 loss per share (down from JP¥3.68 profit in 2Q 2022). Revenue: JP¥1.17b (flat on 2Q 2022). Net loss: JP¥61.0m (down 377% from profit in 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Media industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Aankondiging • Sep 28
Socialwire Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022 Socialwire Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Buying Opportunity • Sep 01
Now 24% undervalued Over the last 90 days, the stock is up 1.5%. The fair value is estimated to be JP¥444, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 10% in a year. Earnings is forecast to decline by 80% in the next year. Reported Earnings • Aug 07
First quarter 2023 earnings released: JP¥14.73 loss per share (vs JP¥0.67 profit in 1Q 2022) First quarter 2023 results: JP¥14.73 loss per share (down from JP¥0.67 profit in 1Q 2022). Revenue: JP¥1.13b (down 3.3% from 1Q 2022). Net loss: JP¥88.0m (down JP¥92.0m from profit in 1Q 2022). Over the next year, revenue is forecast to grow 10%, compared to a 6.8% 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 75 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥375, the stock trades at a trailing P/E ratio of 80x. Average forward P/E is 14x in the Media industry in Japan. Total loss to shareholders of 58% over the past three years. Aankondiging • Jun 30
Socialwire Co., Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Socialwire Co., Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • Jun 23
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥4.79 (up from JP¥23.71 loss in FY 2021). Revenue: JP¥4.63b (up 1.4% from FY 2021). Net income: JP¥28.7m (up JP¥171.7m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 74%. Over the next year, revenue is forecast to grow 6.9%, compared to a 6.4% 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 73 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 26% share price decline to JP¥337, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 14x in the Media industry in Japan. Total loss to shareholders of 55% over the past three years. Reported Earnings • May 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥4.68 (up from JP¥23.71 loss in FY 2021). Revenue: JP¥4.63b (up 1.4% from FY 2021). Net income: JP¥28.0m (up JP¥171.0m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 74%. Over the next year, revenue is forecast to grow 10%, compared to a 4.4% 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 78 percentage points per year, which is a significant difference in performance. Aankondiging • May 13
Socialwire Co., Ltd., Annual General Meeting, Jun 18, 2022 Socialwire Co., Ltd., Annual General Meeting, Jun 18, 2022. Aankondiging • May 12
Socialwire Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 2023 Socialwire Co., Ltd. provided Consolidated Earnings guidance for the Fiscal Year Ending March 2023. Net sales to be JPY 5,000 million, Operating income to be JPY 5,000 million, loss attributable to owners of the parent to be JPY 180 million, Net income per share to be JPY 29.46. Aankondiging • Apr 08
Socialwire Co., Ltd. to Report Fiscal Year 2022 Results on May 11, 2022 Socialwire Co., Ltd. announced that they will report fiscal year 2022 results on May 11, 2022 Reported Earnings • Feb 07
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥12.22 (up from JP¥1.99 loss in 3Q 2021). Revenue: JP¥1.18b (down 2.8% from 3Q 2021). Net income: JP¥73.0m (up JP¥85.0m from 3Q 2021). Profit margin: 6.2% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 20% while the industry in Japan is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Buying Opportunity • Jan 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be JP¥587, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% per annum over the last 3 years. The company became loss making over the last 3 years. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥3.68 (vs JP¥10.12 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.18b (up 4.2% from 2Q 2021). Net income: JP¥22.0m (up JP¥83.0m from 2Q 2021). Profit margin: 1.9% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 13 November 2021. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (1.7%). Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥0.67 (vs JP¥8.79 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥1.17b (up 6.6% from 1Q 2021). Net income: JP¥4.00m (down 93% from 1Q 2021). Profit margin: 0.3% (down from 4.8% in 1Q 2021). 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. Reported Earnings • Jun 26
Full year 2021 earnings released: JP¥23.71 loss per share (vs JP¥12.10 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥4.57b (up 16% from FY 2020). Net loss: JP¥143.0m (down 299% 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 55 percentage points per year, which is a significant difference in performance. Reported Earnings • May 13
Full year 2021 earnings released: JP¥23.71 loss per share (vs JP¥12.10 profit in FY 2020) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: JP¥4.57b (up 16% from FY 2020). Net loss: JP¥143.0m (down 299% 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 51 percentage points per year, which is a significant difference in performance. Aankondiging • May 11
Socialwire Co., Ltd. (TSE:3929) announces an Equity Buyback for 91,000 shares, representing 1.51% for ¥64.8 million. Socialwire Co., Ltd. (TSE:3929) announces a share repurchase program. Under the program, the company will repurchase up to 91,000 shares, representing 1.51% of its issued share capital (excluding treasury stock), at ¥712.09 per share, for ¥64.8 million. The purpose of the program is to implement an agile capital policy in response to changes in the business environment and improve capital efficiency. The program will run until August 31, 2021. As of March 31, 2021, the company had 6,031,494 shares in issue (excluding treasury stock) and 77,106 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥2.50 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.5%). Aankondiging • Mar 04
Socialwire Co., Ltd. to Report Fiscal Year 2021 Results on May 10, 2021 Socialwire Co., Ltd. announced that they will report fiscal year 2021 results on May 10, 2021 Reported Earnings • Feb 07
Third quarter 2021 earnings released: JP¥1.99 loss per share (vs JP¥2.53 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¥1.21b (up 18% from 3Q 2020). Net loss: JP¥12.0m (loss narrowed 20% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% 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. Analyst Estimate Surprise Post Earnings • Feb 07
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 44%. Over the next year, revenue is forecast to grow 8.8%, compared to a 4.1% growth forecast for the Media industry in Japan. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥765 The company is down 35% from its price of JP¥1,174 on 23 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 Media industry, which is up 2.0% over the same period. Aankondiging • Sep 03
Socialwire Co., Ltd. to Report Q2, 2021 Results on Nov 05, 2020 Socialwire Co., Ltd. announced that they will report Q2, 2021 results on Nov 05, 2020 
