Aankondiging • Nov 27
RIGHT ON Co., Ltd. to Report Q1, 2026 Results on Jan 07, 2026 RIGHT ON Co., Ltd. announced that they will report Q1, 2026 results on Jan 07, 2026 Aankondiging • Oct 08
RIGHT ON Co., Ltd., Annual General Meeting, Nov 27, 2025 RIGHT ON Co., Ltd., Annual General Meeting, Nov 27, 2025. Aankondiging • Aug 25
RIGHT ON Co., Ltd. to Report Fiscal Year 2025 Results on Oct 08, 2025 RIGHT ON Co., Ltd. announced that they will report fiscal year 2025 results on Oct 08, 2025 New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported May 2022 fiscal period end). Earnings are forecast to decline by an average of 47% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥11.4b market cap, or US$77.7m). Aankondiging • May 23
RIGHT ON Co., Ltd. to Report Q3, 2025 Results on Jul 09, 2025 RIGHT ON Co., Ltd. announced that they will report Q3, 2025 results on Jul 09, 2025 Aankondiging • Mar 08
RIGHT ON Co., Ltd. to Report Q2, 2025 Results on Apr 09, 2025 RIGHT ON Co., Ltd. announced that they will report Q2, 2025 results on Apr 09, 2025 Aankondiging • Jan 08
W&D Investment Design completed the acquisition of 51.93% stake in RIGHT ON Co., Ltd. (TSE:7445) from Fujiwara Kosan Y.K. and others for ¥2.03 billion. W&D Investment Design proposed to acquire 52.96% stake in RIGHT ON Co., Ltd. (TSE:7445) for ¥2.07 billion on October 8, 2024. A cash consideration of ¥2.07 billion valued at ¥110 per share will be paid by W&D Investment Design. As part of consideration, ¥2.07 billion is paid towards common equity of RIGHT ON Co., Ltd.
Nomura Securities Co., Ltd. acted as financial advisor for W&D Investment Design. Anderson Mori & Tomotsune LPC acted as legal advisor for W&D Investment Design. EY Strategy and Consulting Co., Ltd. acted as financial advisor for RIGHT ON Co., Ltd. Nishimura & Asahi acted as legal advisor for RIGHT ON Co., Ltd.
W&D Investment Design completed the acquisition of 51.93% stake in RIGHT ON Co., Ltd. (TSE:7445) from Fujiwara Kosan Y.K. and others for ¥2.03 billion on January 6, 2025. W&D Investment Design acquired 18,427,778 shares during offer period. New Risk • Jan 08
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. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported May 2022 fiscal period end). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings are forecast to decline by an average of 47% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥8.34b market cap, or US$52.7m). New Risk • Dec 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported May 2022 fiscal period end). Earnings are forecast to decline by an average of 47% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (JP¥7.06b market cap, or US$46.9m). New Risk • Dec 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 47% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported May 2022 fiscal period end). Earnings are forecast to decline by an average of 47% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (JP¥6.18b market cap, or US$41.2m). Aankondiging • Nov 27
RIGHT ON Co., Ltd. to Report Q1, 2025 Results on Jan 07, 2025 RIGHT ON Co., Ltd. announced that they will report Q1, 2025 results on Jan 07, 2025 New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% 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: Major Risk Latest financial reports are more than 1 year old (reported May 2022 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥6.09b market cap, or US$40.2m). Aankondiging • Aug 27
RIGHT ON Co., Ltd. to Report Fiscal Year 2024 Results on Oct 08, 2024 RIGHT ON Co., Ltd. announced that they will report fiscal year 2024 results on Oct 08, 2024 Aankondiging • Jun 02
RIGHT ON Co., Ltd. to Report Q3, 2024 Results on Jul 09, 2024 RIGHT ON Co., Ltd. announced that they will report Q3, 2024 results on Jul 09, 2024 Aankondiging • Feb 16
RIGHT ON Co., Ltd. to Report Q2, 2024 Results on Apr 09, 2024 RIGHT ON Co., Ltd. announced that they will report Q2, 2024 results on Apr 09, 2024 Aankondiging • Dec 08
RIGHT ON Co., Ltd. to Report Q1, 2024 Results on Jan 09, 2024 RIGHT ON Co., Ltd. announced that they will report Q1, 2024 results on Jan 09, 2024 New Risk • Oct 19
New major risk - Revenue and earnings growth Revenue has declined by 10% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported May 2022 fiscal period end). Revenue has declined by 10% over the past year. Minor Risks Currently unprofitable and not forecast to become profitable next year (JP¥41m net loss next year). Market cap is less than US$100m (JP¥13.2b market cap, or US$87.8m). Price Target Changed • Oct 18
Price target decreased by 15% to JP¥400 Down from JP¥470, the current price target is provided by 1 analyst. New target price is 10% below last closing price of JP¥445. Stock is down 27% over the past year. The company is forecast to post earnings per share of JP¥10.30 next year compared to a net loss per share of JP¥75.05 last year. Aankondiging • Oct 12
RIGHT ON Co., Ltd., Annual General Meeting, Nov 29, 2023 RIGHT ON Co., Ltd., Annual General Meeting, Nov 29, 2023. New Risk • Oct 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.1b (US$94.6m) 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 Latest financial reports are more than 1 year old (reported May 2022 fiscal period end). Minor Risk Market cap is less than US$100m (JP¥14.1b market cap, or US$94.6m). Aankondiging • Aug 31
RIGHT ON Co., Ltd. to Report Fiscal Year 2023 Results on Oct 10, 2023 RIGHT ON Co., Ltd. announced that they will report fiscal year 2023 results on Oct 10, 2023 New Risk • Jul 16
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended May 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. This is currently the only risk that has been identified for the company. Aankondiging • May 11
RIGHT ON Co., Ltd. to Report Q3, 2023 Results on Jul 11, 2023 RIGHT ON Co., Ltd. announced that they will report Q3, 2023 results on Jul 11, 2023 Aankondiging • Feb 01
RIGHT ON Co., Ltd. to Report Q2, 2023 Results on Apr 11, 2023 RIGHT ON Co., Ltd. announced that they will report Q2, 2023 results on Apr 11, 2023 Price Target Changed • Jan 18
Price target decreased to JP¥470 Down from JP¥510, the current price target is provided by 1 analyst. New target price is 16% below last closing price of JP¥559. Stock is down 19% over the past year. The company is forecast to post earnings per share of JP¥10.30 next year compared to a net loss per share of JP¥75.05 last year. Aankondiging • Nov 16
RIGHT ON Co., Ltd. to Report Q1, 2023 Results on Jan 10, 2023 RIGHT ON Co., Ltd. announced that they will report Q1, 2023 results on Jan 10, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). CEO & Representative Director Ying Liu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jul 13
Third quarter 2022 earnings released: JP¥1.08 loss per share (vs JP¥10.04 loss in 3Q 2021) Third quarter 2022 results: JP¥1.08 loss per share (up from JP¥10.04 loss in 3Q 2021). Revenue: JP¥12.8b (up 3.7% from 3Q 2021). Net loss: JP¥32.0m (loss narrowed 88% from 3Q 2021). Over the next year, revenue is forecast to stay flat compared to a 7.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). CEO & Representative Director Ying Liu was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 14
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: JP¥5.14 loss per share (up from JP¥16.10 loss in 2Q 2021). Revenue: JP¥12.7b (down 3.0% from 2Q 2021). Net loss: JP¥152.0m (loss narrowed 66% from 2Q 2021). Revenue missed analyst estimates by 7.9%. Earnings per share (EPS) also missed analyst estimates by 73%. Over the next year, revenue is forecast to grow 3.3%, compared to a 6.4% growth forecast for the industry in Japan. Reported Earnings • Jan 12
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: JP¥6.60 (up from JP¥1.78 in 1Q 2021). Revenue: JP¥12.5b (down 12% from 1Q 2021). Net income: JP¥187.0m (up 282% from 1Q 2021). Profit margin: 1.5% (up from 0.3% in 1Q 2021). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the next year, revenue is forecast to grow 3.2%, compared to a 6.1% growth forecast for the industry in Japan. Reported Earnings • Oct 13
Full year 2021 earnings released: JP¥75.06 loss per share (vs JP¥207 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: JP¥49.6b (down 6.4% from FY 2020). Net loss: JP¥2.07b (loss narrowed 64% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • Jul 15
Third quarter 2021 earnings released: JP¥10.04 loss per share (vs JP¥103 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¥12.4b (up 58% from 3Q 2020). Net loss: JP¥277.0m (loss narrowed 90% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 15
Second quarter 2021 earnings released: JP¥16.10 loss per share (vs JP¥16.06 loss in 2Q 2020) The company reported a poor second quarter result with weaker revenues, weaker control over costs and no improvement to losses. Second quarter 2021 results: Revenue: JP¥13.1b (down 19% from 2Q 2020). Net loss: JP¥444.0m (flat on 2Q 2020). Is New 90 Day High Low • Mar 16
New 90-day high: JP¥670 The company is up 10.0% from a price of JP¥611 on 16 December 2020. Performed similarly to the Japanese market which is up 10.0% over the last 90 days. Exceeded the Specialty Retail industry, which is up 7.0% over the same period. Analyst Estimate Surprise Post Earnings • Jan 19
Revenue and earnings miss expectations Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 14%, compared to a 13% growth forecast for the Specialty Retail industry in Japan. Analyst Estimate Surprise Post Earnings • Jan 16
Revenue and earnings miss expectations Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the Specialty Retail industry in Japan. Reported Earnings • Jan 14
First quarter 2021 earnings released: EPS JP¥1.78 The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: JP¥14.1b (down 6.1% from 1Q 2020). Net income: JP¥49.0m (up JP¥89.0m from 1Q 2020). Profit margin: 0.3% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses.