Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥340, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 19x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 45% over the past three years. Aankondiging • Jul 01
Synchro Food Co., Ltd. to Report Q1, 2027 Results on Aug 14, 2026 Synchro Food Co., Ltd. announced that they will report Q1, 2027 results on Aug 14, 2026 Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Jason Orlando Bellamy was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 27
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, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Kazunari Sakai was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥339, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 20x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 44% over the past three years. Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥9.59 (vs JP¥24.01 in FY 2025) Full year 2026 results: EPS: JP¥9.59 (down from JP¥24.01 in FY 2025). Revenue: JP¥5.54b (up 40% from FY 2025). Net income: JP¥269.0m (down 59% from FY 2025). Profit margin: 4.9% (down from 17% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year. Aankondiging • May 14
Synchro Food Co., Ltd., Annual General Meeting, Jun 24, 2026 Synchro Food Co., Ltd., Annual General Meeting, Jun 24, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Declared Dividend • Mar 07
Dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (129% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 73% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 43% to bring the payout ratio under control, which is more than the 29% EPS growth achieved over the last 5 years. Buy Or Sell Opportunity • Mar 05
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to JP¥507. The fair value is estimated to be JP¥420, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 10.0%. New Risk • Feb 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.0b (US$97.8m) 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 Dividend is not well covered by earnings (129% payout ratio). Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.1% net profit margin). Market cap is less than US$100m (JP¥15.0b market cap, or US$97.8m). New Risk • Feb 16
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 129% Dividend yield: 2.7% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (129% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.1% net profit margin). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥0.57 (vs JP¥5.95 in 3Q 2025) Third quarter 2026 results: EPS: JP¥0.57 (down from JP¥5.95 in 3Q 2025). Revenue: JP¥1.77b (up 85% from 3Q 2025). Net income: JP¥16.0m (down 90% from 3Q 2025). Profit margin: 0.9% (down from 17% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. New Risk • Dec 16
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 6.0% 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 (6.0% average weekly change). Profit margins are more than 30% lower than last year (12% net profit margin). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥706, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 20x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 77% over the past three years. New Risk • Nov 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.5b (US$98.8m) 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 Profit margins are more than 30% lower than last year (12% net profit margin). Market cap is less than US$100m (JP¥15.5b market cap, or US$98.8m). Aankondiging • Nov 19
Synchro Food Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Synchro Food Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥3.05 (vs JP¥7.14 in 2Q 2025) Second quarter 2026 results: EPS: JP¥3.05 (down from JP¥7.14 in 2Q 2025). Revenue: JP¥908.2m (down 5.0% from 2Q 2025). Net income: JP¥85.5m (down 56% from 2Q 2025). Profit margin: 9.4% (down from 20% in 2Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year. Aankondiging • Sep 27
Synchro Food Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Synchro Food Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: JP¥4.38 (vs JP¥7.50 in 1Q 2025) First quarter 2026 results: EPS: JP¥4.38 (down from JP¥7.50 in 1Q 2025). Revenue: JP¥943.0m (down 6.7% from 1Q 2025). Net income: JP¥123.0m (down 39% from 1Q 2025). Profit margin: 13% (down from 20% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Aankondiging • Jul 30
Synchro Food Co., Ltd. to Report Q1, 2026 Results on Aug 15, 2025 Synchro Food Co., Ltd. announced that they will report Q1, 2026 results on Aug 15, 2025 Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥574, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 22x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 87% over the past three years. New Risk • May 22
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 99% Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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 Risks Dividend is not well covered by cash flows (99% cash payout ratio). Market cap is less than US$100m (JP¥13.4b market cap, or US$93.0m). Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥451, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 71% over the past three years. Aankondiging • May 15
Synchro Food Co., Ltd., Annual General Meeting, Jun 25, 2025 Synchro Food Co., Ltd., Annual General Meeting, Jun 25, 2025. New Risk • May 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.7b (US$93.7m) 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: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (JP¥13.7b market cap, or US$93.7m). Buy Or Sell Opportunity • May 15
Now 26% undervalued Over the last 90 days, the stock has risen 21% to JP¥474. The fair value is estimated to be JP¥644, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 29%. New Risk • May 09
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 9.4% 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. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥577, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 113% over the past three years. Buy Or Sell Opportunity • Apr 07
Now 22% undervalued Over the last 90 days, the stock has risen 44% to JP¥490. The fair value is estimated to be JP¥629, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 29%. Aankondiging • Mar 27
Synchro Food Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Synchro Food Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥483, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 74% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥5.94 (vs JP¥7.38 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.94 (down from JP¥7.38 in 3Q 2024). Revenue: JP¥955.0m (up 4.6% from 3Q 2024). Net income: JP¥161.0m (down 18% from 3Q 2024). Profit margin: 17% (down from 22% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jan 10
Dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.3%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (16% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jan 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.5% 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 Share price has been volatile over the past 3 months (5.8% average weekly change). Shareholders have been diluted in the past year (8.5% increase in shares outstanding). Market cap is less than US$100m (JP¥9.79b market cap, or US$62.1m). Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥347, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 2.3% over the past three years. Aankondiging • Dec 14
Synchro Food Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Synchro Food Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Aankondiging • Dec 12
Synchro Food Co., Ltd. has filed a Follow-on Equity Offering. Synchro Food Co., Ltd. has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 8,000,000
Transaction Features: Subsequent Direct Listing New Risk • Nov 15
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 6.2% 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 (6.2% average weekly change). Market cap is less than US$100m (JP¥11.2b market cap, or US$71.9m). Buy Or Sell Opportunity • Nov 15
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥414. The fair value is estimated to be JP¥582, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Oct 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.3% to JP¥464. The fair value is estimated to be JP¥582, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Aankondiging • Sep 27
Synchro Food Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Synchro Food Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Buy Or Sell Opportunity • Aug 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.7% to JP¥474. The fair value is estimated to be JP¥594, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥7.48 (vs JP¥4.35 in 1Q 2024) First quarter 2025 results: EPS: JP¥7.48 (up from JP¥4.35 in 1Q 2024). Revenue: JP¥1.01b (up 20% from 1Q 2024). Net income: JP¥201.0m (up 73% from 1Q 2024). Profit margin: 20% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥391, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 21x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 14% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to JP¥391. The fair value is estimated to be JP¥499, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Aug 02
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 5.4% 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 (5.4% average weekly change). Market cap is less than US$100m (JP¥11.9b market cap, or US$80.2m). Buy Or Sell Opportunity • Jul 03
Now 22% overvalued Over the last 90 days, the stock has fallen 7.2% to JP¥538. The fair value is estimated to be JP¥441, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. Aankondiging • Jun 28
Synchro Food Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Synchro Food Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Buy Or Sell Opportunity • May 27
Now 25% overvalued Over the last 90 days, the stock has fallen 18% to JP¥552. The fair value is estimated to be JP¥442, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥26.36 (vs JP¥23.55 in FY 2023) Full year 2024 results: EPS: JP¥26.36 (up from JP¥23.55 in FY 2023). Revenue: JP¥3.60b (up 23% from FY 2023). Net income: JP¥704.0m (up 12% from FY 2023). Profit margin: 20% (down from 21% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • May 17
Synchro Food Co., Ltd., Annual General Meeting, Jun 25, 2024 Synchro Food Co., Ltd., Annual General Meeting, Jun 25, 2024. New Risk • Apr 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.2b (US$99.3m) 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 (7.5% average weekly change). Market cap is less than US$100m (JP¥15.2b market cap, or US$99.3m). Aankondiging • Apr 03
Synchro Food Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Synchro Food Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 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¥720, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 26x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 95% over the past three years. Reported Earnings • Feb 17
Third quarter 2024 earnings released: EPS: JP¥7.38 (vs JP¥6.22 in 3Q 2023) Third quarter 2024 results: EPS: JP¥7.38 (up from JP¥6.22 in 3Q 2023). Revenue: JP¥913.0m (up 23% from 3Q 2023). Net income: JP¥197.0m (up 19% from 3Q 2023). Profit margin: 22% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to JP¥657. The fair value is estimated to be JP¥546, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 92%. Aankondiging • Dec 28
Synchro Food Co., Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Synchro Food Co., Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥7.68 (vs JP¥5.77 in 2Q 2023) Second quarter 2024 results: EPS: JP¥7.68 (up from JP¥5.77 in 2Q 2023). Revenue: JP¥896.0m (up 25% from 2Q 2023). Net income: JP¥205.0m (up 33% from 2Q 2023). Profit margin: 23% (up from 22% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥700, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 24x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 125% over the past three years. New Risk • Oct 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.9b (US$99.8m) 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 (6.4% average weekly change). Market cap is less than US$100m (JP¥14.9b market cap, or US$99.8m). Aankondiging • Sep 28
Synchro Food Co., Ltd. to Report Q2, 2024 Results on Nov 13, 2023 Synchro Food Co., Ltd. announced that they will report Q2, 2024 results on Nov 13, 2023 New Risk • Aug 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.4b (US$99.0m) 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 (6.8% average weekly change). Market cap is less than US$100m (JP¥14.4b market cap, or US$99.0m). Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: JP¥4.35 (vs JP¥4.44 in 1Q 2023) First quarter 2024 results: EPS: JP¥4.35 (down from JP¥4.44 in 1Q 2023). Revenue: JP¥845.0m (up 30% from 1Q 2023). Net income: JP¥116.0m (down 1.7% from 1Q 2023). Profit margin: 14% (down from 18% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥586, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 22x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 83% over the past three years. Aankondiging • Jun 28
Synchro Food Co., Ltd. to Report Q1, 2024 Results on Aug 09, 2023 Synchro Food Co., Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥23.55 (vs JP¥12.75 in FY 2022) Full year 2023 results: EPS: JP¥23.55 (up from JP¥12.75 in FY 2022). Revenue: JP¥2.93b (up 50% from FY 2022). Net income: JP¥628.0m (up 85% from FY 2022). Profit margin: 21% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to JP¥631, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 19x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 94% over the past three years. Aankondiging • May 13
Synchro Food Co., Ltd., Annual General Meeting, Jun 23, 2023 Synchro Food Co., Ltd., Annual General Meeting, Jun 23, 2023. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥6.19 (vs JP¥3.91 in 3Q 2022) Third quarter 2023 results: EPS: JP¥6.19 (up from JP¥3.91 in 3Q 2022). Revenue: JP¥742.4m (up 30% from 3Q 2022). Net income: JP¥165.3m (up 59% from 3Q 2022). Profit margin: 22% (up from 18% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 14
Synchro Food Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Synchro Food Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expected net sales of JPY 2,760 million, Operating profit of JPY 730 million, Profit attributable to owners of parent of JPY 511 million and Basic earnings per share of JPY 19.16. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥569, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 28x in the Interactive Media and Services industry in Japan. Total returns to shareholders of 8.2% over the past three years. Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥5.77 (vs JP¥2.52 in 2Q 2022) Second quarter 2023 results: EPS: JP¥5.77 (up from JP¥2.52 in 2Q 2022). Revenue: JP¥715.0m (up 69% from 2Q 2022). Net income: JP¥154.0m (up 130% from 2Q 2022). Profit margin: 22% (up from 16% 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 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 16
Synchro Food Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023 Synchro Food Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company expects net sales of JPY 2,760 million, operating profit of JPY 730 million and profit attributable to owners of parent of JPY 511 million or JPY 19.18 per basic share. Board Change • Nov 16
No independent 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. No independent directors (4 non-independent directors). Executive President and Representative Director Shinichi Fujishiro was the last director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥4.44 (vs JP¥0.26 in 1Q 2022) First quarter 2023 results: EPS: JP¥4.44 (up from JP¥0.26 in 1Q 2022). Revenue: JP¥648.0m (up 75% from 1Q 2022). Net income: JP¥118.0m (up JP¥111.0m from 1Q 2022). Profit margin: 18% (up from 1.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Aankondiging • May 14
Synchro Food Co., Ltd., Annual General Meeting, Jun 24, 2022 Synchro Food Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
No independent 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. No independent directors (4 non-independent directors). Executive President and Representative Director Shinichi Fujishiro was the last director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Aankondiging • Apr 08
Synchro Food Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Synchro Food Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥292, the stock trades at a trailing P/E ratio of 55.9x. Average trailing P/E is 26x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥256, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 26x in the Interactive Media and Services industry in Japan. Total loss to shareholders of 65% over the past three years. Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥3.91 (up from JP¥0.41 in 3Q 2021). Revenue: JP¥572.0m (up 62% from 3Q 2021). Net income: JP¥104.0m (up JP¥93.0m from 3Q 2021). Profit margin: 18% (up from 3.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. 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. 
