Aankondiging • Jun 30
Impress Holdings, Inc. to Delist from Standard Section of the Tokyo Stock Exchange, Effective July 28, 2025 Impress Holdings, Inc. will be delisted from Standard Section of the Tokyo Stock Exchange effective from July 28, 2025, due to Reverse stock split. Reported Earnings • May 17
Full year 2025 earnings released: JP¥3.25 loss per share (vs JP¥30.62 loss in FY 2024) Full year 2025 results: JP¥3.25 loss per share (improved from JP¥30.62 loss in FY 2024). Revenue: JP¥14.4b (flat on FY 2024). Net loss: JP¥105.0m (loss narrowed 90% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Aankondiging • May 13
Impress Holdings, Inc., Annual General Meeting, Jun 25, 2025 Impress Holdings, Inc., Annual General Meeting, Jun 25, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 10 June 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.3%). Aankondiging • Mar 12
Impress Holdings, Inc. to Report Fiscal Year 2025 Results on May 13, 2025 Impress Holdings, Inc. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: JP¥6.69 (vs JP¥1.54 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥6.69 (up from JP¥1.54 loss in 3Q 2024). Revenue: JP¥3.92b (flat on 3Q 2024). Net income: JP¥212.0m (up JP¥264.0m from 3Q 2024). Profit margin: 5.4% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. New Risk • Jan 30
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 5.2% 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: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 51% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥4.15b market cap, or US$26.8m). Aankondiging • Dec 20
Impress Holdings, Inc. to Report Q3, 2025 Results on Feb 12, 2025 Impress Holdings, Inc. announced that they will report Q3, 2025 results on Feb 12, 2025 Declared Dividend • Nov 13
Dividend of JP¥4.00 announced Shareholders will receive a dividend of JP¥4.00. Ex-date: 28th March 2025 Payment date: 10th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 23% per year over the past 10 years. However, payments have been volatile during that time. Aankondiging • Nov 12
Impress Holdings, Inc. (TSE:9479) announces an Equity Buyback for 5,000,000 shares, representing 14.55% for ¥685 million. Impress Holdings, Inc. (TSE:9479) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 14.55% of its issued share capital, for ¥ 685 million. The repurchase price will be ¥ 137 per share. The shares will be repurchased from MIRI Capital Management LLC. The purpose of the program is to enhance shareholder returns, improve capital efficiency, and implement a flexible capital policy in response to changes in the business environment, thereby increasing our corporate value. As of October 31, 2024, the company had 34,358,013 shares (excluding treasury stock) and 3,013,487 shares in treasury. Aankondiging • Sep 21
Impress Holdings, Inc. to Report Q2, 2025 Results on Nov 11, 2024 Impress Holdings, Inc. announced that they will report Q2, 2025 results on Nov 11, 2024 Aankondiging • Jun 26
Impress Holdings, Inc. to Report Q1, 2025 Results on Aug 13, 2024 Impress Holdings, Inc. announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 16
Full year 2024 earnings released: JP¥30.62 loss per share (vs JP¥11.12 profit in FY 2023) Full year 2024 results: JP¥30.62 loss per share (down from JP¥11.12 profit in FY 2023). Revenue: JP¥14.5b (down 4.6% from FY 2023). Net loss: JP¥1.04b (down 376% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Aankondiging • May 15
Impress Holdings, Inc., Annual General Meeting, Jun 25, 2024 Impress Holdings, Inc., Annual General Meeting, Jun 25, 2024. Aankondiging • Mar 24
Impress Holdings, Inc. to Report Fiscal Year 2024 Results on May 13, 2024 Impress Holdings, Inc. announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (2.2%). Reported Earnings • Feb 15
Third quarter 2024 earnings released: JP¥1.54 loss per share (vs JP¥5.11 profit in 3Q 2023) Third quarter 2024 results: JP¥1.54 loss per share (down from JP¥5.11 profit in 3Q 2023). Revenue: JP¥3.96b (down 5.4% from 3Q 2023). Net loss: JP¥52.0m (down 130% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Aankondiging • Dec 24
Impress Holdings, Inc. to Report Q3, 2024 Results on Feb 13, 2024 Impress Holdings, Inc. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: JP¥5.59 loss per share (vs JP¥2.43 profit in 2Q 2023) Second quarter 2024 results: JP¥5.59 loss per share (down from JP¥2.43 profit in 2Q 2023). Revenue: JP¥3.76b (flat on 2Q 2023). Net loss: JP¥189.0m (down 331% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Aankondiging • Sep 24
Impress Holdings, Inc. to Report Q2, 2024 Results on Nov 10, 2023 Impress Holdings, Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 14
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 132% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 132% Paying a dividend despite having no free cash flows. Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (JP¥6.87b market cap, or US$47.4m). Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥5.38 loss per share (vs JP¥1.94 profit in 1Q 2023) First quarter 2024 results: JP¥5.38 loss per share (down from JP¥1.94 profit in 1Q 2023). Revenue: JP¥3.28b (down 5.7% from 1Q 2023). Net loss: JP¥182.0m (down 380% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥242, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 15x in the Media industry in Japan. Total returns to shareholders of 81% over the past three years. Aankondiging • Jun 21
Impress Holdings, Inc. to Report Q1, 2024 Results on Aug 10, 2023 Impress Holdings, Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥11.12 (vs JP¥26.16 in FY 2022) Full year 2023 results: EPS: JP¥11.12 (down from JP¥26.16 in FY 2022). Revenue: JP¥15.2b (up 2.6% from FY 2022). Net income: JP¥375.0m (down 57% from FY 2022). Profit margin: 2.5% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Aankondiging • May 13
Impress Holdings, Inc., Annual General Meeting, Jun 23, 2023 Impress Holdings, Inc., Annual General Meeting, Jun 23, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.6%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥5.11 (vs JP¥10.43 in 3Q 2022) Third quarter 2023 results: EPS: JP¥5.11 (down from JP¥10.43 in 3Q 2022). Revenue: JP¥4.19b (flat on 3Q 2022). Net income: JP¥173.0m (down 50% from 3Q 2022). Profit margin: 4.1% (down from 8.4% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Aankondiging • Dec 26
Impress Holdings, Inc. to Report Q3, 2023 Results on Feb 10, 2023 Impress Holdings, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥2.43 (vs JP¥6.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥2.43 (down from JP¥6.10 in 2Q 2022). Revenue: JP¥3.77b (up 4.8% from 2Q 2022). Net income: JP¥82.0m (down 60% from 2Q 2022). Profit margin: 2.2% (down from 5.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Board Change • Nov 16
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 Naoshi Fujikura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: JP¥2.43 (vs JP¥6.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥2.43 (down from JP¥6.10 in 2Q 2022). Revenue: JP¥3.77b (up 4.8% from 2Q 2022). Net income: JP¥82.0m (down 60% from 2Q 2022). Profit margin: 2.2% (down from 5.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Aankondiging • Sep 18
Impress Holdings, Inc. to Report Q2, 2023 Results on Nov 10, 2022 Impress Holdings, Inc. announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: JP¥1.94 (vs JP¥11.93 in 1Q 2022) First quarter 2023 results: EPS: JP¥1.94 (down from JP¥11.93 in 1Q 2022). Revenue: JP¥3.48b (up 2.7% from 1Q 2022). Net income: JP¥65.0m (down 84% from 1Q 2022). Profit margin: 1.9% (down from 12% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 23
Impress Holdings, Inc. to Report Q1, 2023 Results on Aug 10, 2022 Impress Holdings, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Aankondiging • May 15
Impress Holdings, Inc., Annual General Meeting, Jun 23, 2022 Impress Holdings, Inc., Annual General Meeting, Jun 23, 2022. Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥26.16 (vs JP¥20.72 in FY 2021) Full year 2022 results: EPS: JP¥26.16 (up from JP¥20.72 in FY 2021). Revenue: JP¥14.8b (up 5.2% from FY 2021). Net income: JP¥875.0m (up 27% from FY 2021). Profit margin: 5.9% (up from 4.9% in FY 2021). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Board Change • Apr 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 Naoshi Fujikura was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 08
Impress Holdings, Inc. to Report Fiscal Year 2022 Results on May 12, 2022 Impress Holdings, Inc. announced that they will report fiscal year 2022 results on May 12, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.50 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.0%). Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥10.43 (down from JP¥19.71 in 3Q 2021). Revenue: JP¥4.16b (down 5.2% from 3Q 2021). Net income: JP¥349.0m (down 47% from 3Q 2021). Profit margin: 8.4% (down from 15% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS JP¥6.10 (vs JP¥6.75 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥3.59b (down 5.8% from 2Q 2021). Net income: JP¥204.0m (down 9.3% from 2Q 2021). Profit margin: 5.7% (down from 5.9% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥292, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 20x in the Media industry in Japan. Total returns to shareholders of 83% over the past three years. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥278, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 24x in the Media industry in Japan. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 26% share price gain to JP¥251, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 24x in the Media industry in Japan. Total returns to shareholders of 62% over the past three years. Reported Earnings • Jun 27
Full year 2021 earnings released: EPS JP¥20.72 (vs JP¥11.34 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥14.0b (up 4.0% from FY 2020). Net income: JP¥690.0m (up 85% from FY 2020). Profit margin: 4.9% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥20.72 (vs JP¥11.34 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥14.0b (up 4.0% from FY 2020). Net income: JP¥690.0m (up 85% from FY 2020). Profit margin: 4.9% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.50 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (1.5%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥237, the stock is trading at a trailing P/E ratio of 13.7x, up from the previous P/E ratio of 11.6x. This compares to an average P/E of 22x in the Media industry in Japan. Total return to shareholders over the past three years is a loss of 7.3%. Is New 90 Day High Low • Feb 22
New 90-day high: JP¥197 The company is up 16% from its price of JP¥170 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 12% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS JP¥19.71 (vs JP¥18.03 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥4.39b (up 5.4% from 3Q 2020). Net income: JP¥659.0m (up 11% from 3Q 2020). Profit margin: 15% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥190 The company is up 7.0% from its price of JP¥177 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 12% over the same period. Aankondiging • Dec 24
Impress Holdings, Inc. to Report Q3, 2021 Results on Feb 10, 2021 Impress Holdings, Inc. announced that they will report Q3, 2021 results on Feb 10, 2021 Aankondiging • Sep 06
Impress Holdings, Inc. to Report Q2, 2021 Results on Nov 10, 2020 Impress Holdings, Inc. announced that they will report Q2, 2021 results on Nov 10, 2020 Aankondiging • Jun 29
Impress Holdings, Inc. to Report Q1, 2021 Results on Aug 12, 2020 Impress Holdings, Inc. announced that they will report Q1, 2021 results on Aug 12, 2020 
