Aankondiging • Jun 19
Wacul.Inc to Delist from Growth Section of the Tokyo Stock Exchange, Effective July 02, 2025 Wacul.Inc will be delisted from Growth Section of the Tokyo Stock Exchange effective from July 02, 2025, due to Acquisition by a demand for share, etc. cash-out. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥13.02 (vs JP¥28.04 in FY 2024) Full year 2025 results: EPS: JP¥13.02 (down from JP¥28.04 in FY 2024). Revenue: JP¥1.85b (up 1.7% from FY 2024). Net income: JP¥93.0m (down 54% from FY 2024). Profit margin: 5.0% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 11
Full year 2025 earnings released: EPS: JP¥13.02 (vs JP¥28.04 in FY 2024) Full year 2025 results: EPS: JP¥13.02 (down from JP¥28.04 in FY 2024). Revenue: JP¥1.85b (up 1.7% from FY 2024). Net income: JP¥93.0m (down 54% from FY 2024). Profit margin: 5.0% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 23% per year. Aankondiging • Apr 11
TBS Holdings,Inc. (TSE:9401) proposed to acquire Wacul.Inc (TSE:4173) for ¥3.6 billion. TBS Holdings,Inc. (TSE:9401) proposed to acquire Wacul.Inc (TSE:4173) for ¥3.6 billion on April 10, 2025. A cash consideration of ¥3.58 billion valued at ¥502 per share will be paid by TBS Holdings,Inc. As part of consideration, ¥3.58 billion is paid towards common equity of Wacul.Inc. The Tender Offeror intends to implement a series of procedures after the successful completion of the Tender Offer.
The expected completion of the transaction is May 29, 2025. Aankondiging • Apr 10
Wacul.Inc, Annual General Meeting, May 28, 2025 Wacul.Inc, Annual General Meeting, May 28, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥250, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 15x in the IT industry in Japan. Total loss to shareholders of 75% over the past three years. Aankondiging • Mar 12
Wacul.Inc COM STK to Be Deleted from OTC Equity Wacul.Inc COM STK (Japan) will be deleted from OTC Equity effective March 11, 2025, due to Inactive Security. Aankondiging • Jan 29
Wacul.Inc to Report Fiscal Year 2025 Results on Apr 10, 2025 Wacul.Inc announced that they will report fiscal year 2025 results on Apr 10, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥2.25b market cap, or US$14.2m). Reported Earnings • Oct 10
Second quarter 2025 earnings released: EPS: JP¥2.24 (vs JP¥4.20 in 2Q 2024) Second quarter 2025 results: EPS: JP¥2.24 (down from JP¥4.20 in 2Q 2024). Revenue: JP¥462.0m (up 9.0% from 2Q 2024). Net income: JP¥16.0m (down 47% from 2Q 2024). Profit margin: 3.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥311, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 86% over the past three years. Reported Earnings • Jul 11
First quarter 2025 earnings released: JP¥0.10 loss per share (vs JP¥8.02 profit in 1Q 2024) First quarter 2025 results: JP¥0.10 loss per share (down from JP¥8.02 profit in 1Q 2024). Revenue: JP¥453.0m (up 6.6% from 1Q 2024). Net income: JP¥0 (down JP¥57.0m from profit in 1Q 2024). Profit margin: 0% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Reported Earnings • Jun 06
Full year 2024 earnings released: EPS: JP¥28.04 (vs JP¥27.12 in FY 2023) Full year 2024 results: EPS: JP¥28.04 (up from JP¥27.12 in FY 2023). Revenue: JP¥1.82b (up 35% from FY 2023). Net income: JP¥200.0m (up 4.2% from FY 2023). Profit margin: 11% (down from 14% 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 16% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Aankondiging • Apr 14
Wacul.Inc, Annual General Meeting, May 30, 2024 Wacul.Inc, Annual General Meeting, May 30, 2024. Reported Earnings • Apr 12
Full year 2024 earnings released: EPS: JP¥28.04 (vs JP¥27.12 in FY 2023) Full year 2024 results: EPS: JP¥28.04 (up from JP¥27.12 in FY 2023). Revenue: JP¥1.82b (up 35% from FY 2023). Net income: JP¥200.0m (up 4.2% from FY 2023). Profit margin: 11% (down from 14% 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 16% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥620, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 83% over the past three years. Board Change • Feb 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Sadahiko Yoshimura 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. Buy Or Sell Opportunity • Feb 20
Now 23% overvalued Over the last 90 days, the stock has fallen 11% to JP¥547. The fair value is estimated to be JP¥445, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 20%. Buy Or Sell Opportunity • Feb 02
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to JP¥496. The fair value is estimated to be JP¥411, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 20%. Aankondiging • Jan 31
Wacul.Inc to Report Fiscal Year 2024 Results on Apr 11, 2024 Wacul.Inc announced that they will report fiscal year 2024 results on Apr 11, 2024 Reported Earnings • Jan 10
Third quarter 2024 earnings released: EPS: JP¥2.94 (vs JP¥6.49 in 3Q 2023) Third quarter 2024 results: EPS: JP¥2.94 (down from JP¥6.49 in 3Q 2023). Revenue: JP¥452.0m (up 27% from 3Q 2023). Net income: JP¥21.0m (down 54% from 3Q 2023). Profit margin: 4.6% (down from 13% in 3Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Oct 11
Second quarter 2024 earnings released: EPS: JP¥4.20 (vs JP¥3.82 in 2Q 2023) Second quarter 2024 results: EPS: JP¥4.20 (up from JP¥3.82 in 2Q 2023). Revenue: JP¥424.0m (up 39% from 2Q 2023). Net income: JP¥30.0m (up 11% from 2Q 2023). Profit margin: 7.1% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,066, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 62% over the past year. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥963, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 39% over the past year. Reported Earnings • Jul 20
First quarter 2024 earnings released: EPS: JP¥8.02 (vs JP¥2.69 in 1Q 2023) First quarter 2024 results: EPS: JP¥8.02 (up from JP¥2.69 in 1Q 2023). Revenue: JP¥425.0m (up 50% from 1Q 2023). Net income: JP¥57.0m (up 200% from 1Q 2023). Profit margin: 13% (up from 6.7% in 1Q 2023). The increase in margin was driven by higher revenue. New Risk • Jul 13
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 9.2% 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 Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (JP¥6.17b market cap, or US$44.5m). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥870, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 19x in the IT industry in Japan. Total returns to shareholders of 36% over the past year. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥689, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 19x in the IT industry in Japan. Negligible returns to shareholders over past year. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥27.12 (vs JP¥32.12 in FY 2022) Full year 2023 results: EPS: JP¥27.12 (down from JP¥32.12 in FY 2022). Revenue: JP¥1.35b (up 24% from FY 2022). Net income: JP¥192.0m (down 15% from FY 2022). Profit margin: 14% (down from 21% in FY 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 13
Full year 2023 earnings released: EPS: JP¥27.12 (vs JP¥32.12 in FY 2022) Full year 2023 results: EPS: JP¥27.12 (down from JP¥32.12 in FY 2022). Revenue: JP¥1.35b (up 24% from FY 2022). Net income: JP¥192.0m (down 15% from FY 2022). Profit margin: 14% (down from 21% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥679, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 20% over the past year. Buying Opportunity • Jan 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.7%. The fair value is estimated to be JP¥643, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jan 11
Third quarter 2023 earnings released: EPS: JP¥6.49 (vs JP¥6.39 in 3Q 2022) Third quarter 2023 results: EPS: JP¥6.49 (up from JP¥6.39 in 3Q 2022). Revenue: JP¥356.0m (up 32% from 3Q 2022). Net income: JP¥46.0m (up 2.2% from 3Q 2022). Profit margin: 13% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. President & Representative Director Ryohei Obuchi was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Nov 02
Wacul.Inc to Report Q3, 2023 Results on Jan 10, 2023 Wacul.Inc announced that they will report Q3, 2023 results on Jan 10, 2023 Reported Earnings • Oct 13
Second quarter 2023 earnings released: EPS: JP¥3.82 (vs JP¥6.39 in 2Q 2022) Second quarter 2023 results: EPS: JP¥3.82 (down from JP¥6.39 in 2Q 2022). Revenue: JP¥306.0m (up 14% from 2Q 2022). Net income: JP¥27.0m (down 40% from 2Q 2022). Profit margin: 8.8% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥552, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 17x in the IT industry in Japan. Total loss to shareholders of 65% over the past year. Aankondiging • Aug 03
Wacul.Inc to Report Q2, 2023 Results on Oct 11, 2022 Wacul.Inc announced that they will report Q2, 2023 results on Oct 11, 2022 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥667, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 75% over the past year. Aankondiging • May 12
Wacul. Inc to Report Q1, 2023 Results on Jul 12, 2022 Wacul. Inc announced that they will report Q1, 2023 results on Jul 12, 2022 Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). President & Chairman Ryohei Obuchi was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment deteriorated over the past week After last week's 24% share price decline to JP¥782, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 73% over the past year. Aankondiging • Apr 14
Wacul. Inc, Annual General Meeting, May 30, 2022 Wacul. Inc, Annual General Meeting, May 30, 2022. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,050, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 19x in the IT industry in Japan. Total loss to shareholders of 65% over the past year. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥912, the stock trades at a trailing P/E ratio of 40.7x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 68% over the past year. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥810, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 18x in the IT industry in Japan. Aankondiging • Feb 03
Wacul. Inc to Report Fiscal Year 2022 Results on Apr 12, 2022 Wacul. Inc announced that they will report fiscal year 2022 results on Apr 12, 2022 Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to JP¥875, the stock trades at a trailing P/E ratio of 39x. Average trailing P/E is 19x in the IT industry in Japan. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS JP¥12.22 (vs JP¥41.52 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥712.0m (up 47% from FY 2020). Net income: JP¥83.0m (up JP¥225.0m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). Reported Earnings • Apr 19
Full year 2021 earnings released: EPS JP¥12.22 (vs JP¥41.52 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥712.0m (up 47% from FY 2020). Net income: JP¥83.0m (up JP¥225.0m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). Aankondiging • Mar 07
Wacul. Inc to Report Fiscal Year 2021 Results on Apr 13, 2021 Wacul. Inc announced that they will report fiscal year 2021 results on Apr 13, 2021