Reported Earnings • Apr 16
Second quarter 2026 earnings released: EPS: JP¥0.83 (vs JP¥1.20 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥0.83 (up from JP¥1.20 loss in 2Q 2025). Revenue: JP¥1.39b (flat on 2Q 2025). Net income: JP¥7.00m (up JP¥17.0m from 2Q 2025). Profit margin: 0.5% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Apr 07
Tripleize Co.,Ltd. to Report Q2, 2026 Results on Apr 14, 2026 Tripleize Co.,Ltd. announced that they will report Q2, 2026 results on Apr 14, 2026 Reported Earnings • Jan 15
First quarter 2026 earnings released: EPS: JP¥3.46 (vs JP¥5.75 in 1Q 2025) First quarter 2026 results: EPS: JP¥3.46 (down from JP¥5.75 in 1Q 2025). Revenue: JP¥1.42b (up 4.3% from 1Q 2025). Net income: JP¥29.0m (down 38% from 1Q 2025). Profit margin: 2.0% (down from 3.4% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 27% 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 29
Tripleize Co.,Ltd. to Report Q1, 2026 Results on Jan 14, 2026 Tripleize Co.,Ltd. announced that they will report Q1, 2026 results on Jan 14, 2026 Reported Earnings • Oct 16
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: JP¥41.18 loss per share (down from JP¥10.32 profit in FY 2024). Revenue: JP¥5.71b (up 30% from FY 2024). Net loss: JP¥343.0m (down JP¥419.0m from profit in FY 2024). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Oct 15
Tripleize Co.,Ltd., Annual General Meeting, Nov 26, 2025 Tripleize Co.,Ltd., Annual General Meeting, Nov 26, 2025. New Risk • Oct 15
New major risk - Revenue and earnings growth Earnings have declined by 0.6% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings 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 Risk Earnings have declined by 0.6% per year over the past 5 years. 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¥7.07b market cap, or US$46.7m). Aankondiging • Sep 03
Tripleize Co.,Ltd. to Report Fiscal Year 2025 Results on Oct 15, 2025 Tripleize Co.,Ltd. announced that they will report fiscal year 2025 results on Oct 15, 2025 Reported Earnings • Jul 17
Third quarter 2025 earnings released: JP¥43.55 loss per share (vs JP¥1.76 profit in 3Q 2024) Third quarter 2025 results: JP¥43.55 loss per share (down from JP¥1.76 profit in 3Q 2024). Revenue: JP¥1.49b (up 49% from 3Q 2024). Net loss: JP¥365.0m (down JP¥378.0m from profit in 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • May 25
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 Share price has been highly volatile over the past 3 months (9.4% average weekly change). High level of non-cash earnings (31% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.21b market cap, or US$57.6m). Aankondiging • May 08
Tripleize Co.,Ltd. to Report Q3, 2025 Results on Jul 16, 2025 Tripleize Co.,Ltd. announced that they will report Q3, 2025 results on Jul 16, 2025 New Risk • Apr 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 31% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (JP¥7.89b market cap, or US$55.3m). Reported Earnings • Apr 15
Second quarter 2025 earnings released: JP¥1.20 loss per share (vs JP¥7.32 profit in 2Q 2024) Second quarter 2025 results: JP¥1.20 loss per share (down from JP¥7.32 profit in 2Q 2024). Revenue: JP¥1.40b (up 21% from 2Q 2024). Net loss: JP¥10.0m (down 119% from profit in 2Q 2024). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥915, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 16x in the IT industry in Japan. Total returns to shareholders of 11% over the past year. Aankondiging • Feb 07
Tripleize Co.,Ltd. to Report Q2, 2025 Results on Apr 14, 2025 Tripleize Co.,Ltd. announced that they will report Q2, 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
First quarter 2025 earnings released: EPS: JP¥5.75 (vs JP¥3.45 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥5.75 (up from JP¥3.45 loss in 1Q 2024). Revenue: JP¥1.36b (up 55% from 1Q 2024). Net income: JP¥47.0m (up JP¥72.0m from 1Q 2024). Profit margin: 3.4% (up from net loss in 1Q 2024). Reported Earnings • Dec 05
Full year 2024 earnings released: EPS: JP¥10.32 (vs JP¥119 loss in FY 2023) Full year 2024 results: EPS: JP¥10.32 (up from JP¥119 loss in FY 2023). Revenue: JP¥4.41b (up 88% from FY 2023). Net income: JP¥76.0m (up JP¥901.0m from FY 2023). Profit margin: 1.7% (up from net loss in FY 2023). Aankondiging • Nov 27
Tripleize Co.,Ltd. to Report Q1, 2025 Results on Jan 14, 2025 Tripleize Co.,Ltd. announced that they will report Q1, 2025 results on Jan 14, 2025 Reported Earnings • Oct 18
Full year 2024 earnings released: EPS: JP¥11.27 (vs JP¥119 loss in FY 2023) Full year 2024 results: EPS: JP¥11.27 (up from JP¥119 loss in FY 2023). Revenue: JP¥4.41b (up 88% from FY 2023). Net income: JP¥83.0m (up JP¥908.0m from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). Aankondiging • Oct 15
Tripleize Co.,Ltd., Annual General Meeting, Nov 28, 2024 Tripleize Co.,Ltd., Annual General Meeting, Nov 28, 2024. Aankondiging • Aug 02
Tripleize Co.,Ltd. to Report Fiscal Year 2024 Results on Oct 15, 2024 Tripleize Co.,Ltd. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Oct 15, 2024 Reported Earnings • Jul 16
Third quarter 2024 earnings released: EPS: JP¥1.76 (vs JP¥9.64 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥1.76 (up from JP¥9.64 loss in 3Q 2023). Revenue: JP¥999.0m (up 57% from 3Q 2023). Net income: JP¥13.0m (up JP¥80.0m from 3Q 2023). Profit margin: 1.3% (up from net loss in 3Q 2023). Aankondiging • May 28
Tripleize Co.,Ltd. (TSE:5026) agreed to acquire BEX, Inc. from Kuni Iguchi and Megumi Iguchi for ¥646 million. Tripleize Co.,Ltd. (TSE:5026) agreed to acquire BEX, Inc. from Kuni Iguchi and Megumi Iguchi for ¥646 million on May 27, 2024. The consideration consists of ¥646 million in cash. As part of the consideration, ¥646 million was paid towards common equity. The deal is expected to be completed on July 1, 2024. Aankondiging • May 10
Tripleize Co.,Ltd. (TSE:5026) acquired the PRISM Business of Kachilab Inc. Tripleize Co.,Ltd. (TSE:5026) acquired the PRISM Business of Kachilab Inc. on May 7, 2024.Tripleize Co.,Ltd. (TSE:5026) completed the acquisition of the PRISM Business of Kachilab Inc. on May 7, 2024. Aankondiging • May 03
Tripleize Co.,Ltd. to Report Q3, 2024 Results on Jul 12, 2024 Tripleize Co.,Ltd. announced that they will report Q3, 2024 results on Jul 12, 2024 Reported Earnings • Apr 14
Second quarter 2024 earnings released: EPS: JP¥7.32 (vs JP¥56.27 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥7.32 (up from JP¥56.27 loss in 2Q 2023). Revenue: JP¥1.16b (up 106% from 2Q 2023). Net income: JP¥54.0m (up JP¥445.0m from 2Q 2023). Profit margin: 4.7% (up from net loss in 2Q 2023). New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 54% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Market cap is less than US$100m (JP¥6.86b market cap, or US$45.6m). Aankondiging • Jan 31
Tripleize Co.,Ltd. to Report Q2, 2024 Results on Apr 12, 2024 Tripleize Co.,Ltd. announced that they will report Q2, 2024 results on Apr 12, 2024 Reported Earnings • Jan 15
First quarter 2024 earnings released: JP¥3.45 loss per share (vs JP¥1.44 loss in 1Q 2023) First quarter 2024 results: JP¥3.45 loss per share (further deteriorated from JP¥1.44 loss in 1Q 2023). Revenue: JP¥877.0m (up 63% from 1Q 2023). Net loss: JP¥25.0m (loss widened 150% from 1Q 2023). Reported Earnings • Dec 05
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: JP¥119 loss per share (down from JP¥17.42 profit in FY 2022). Revenue: JP¥2.35b (down 3.2% from FY 2022). Net loss: JP¥825.0m (down JP¥937.0m from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%. New Risk • Nov 24
New major risk - Revenue and earnings growth Revenue has declined by 3.2% 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 Risk Revenue has declined by 3.2% over the past year. Minor Risks Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Market cap is less than US$100m (JP¥5.59b market cap, or US$37.4m). Aankondiging • Nov 01
Tripleize Co.,Ltd. to Report Q1, 2024 Results on Jan 12, 2024 Tripleize Co.,Ltd. announced that they will report Q1, 2024 results on Jan 12, 2024 Aankondiging • Oct 15
Tripleize Co.,Ltd., Annual General Meeting, Nov 29, 2023 Tripleize Co.,Ltd., Annual General Meeting, Nov 29, 2023. Reported Earnings • Oct 15
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: JP¥119 loss per share (down from JP¥17.42 profit in FY 2022). Revenue: JP¥2.35b (down 3.2% from FY 2022). Net loss: JP¥825.0m (down JP¥937.0m from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 42%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the IT industry in Japan. New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.2% 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 Shareholders have been diluted in the past year (6.2% increase in shares outstanding). Market cap is less than US$100m (JP¥5.41b market cap, or US$36.4m). Aankondiging • Aug 03
Tripleize Co.,Ltd. to Report Fiscal Year 2023 Results on Oct 13, 2023 Tripleize Co.,Ltd. announced that they will report fiscal year 2023 results on Oct 13, 2023 Aankondiging • Jul 28
Tripleize Co.,Ltd. announced that it expects to receive ¥299.9491 million in funding Tripleize Co.,Ltd. announced that it will issue 403,700 shares of common stock at an issue price of ¥743 per share for total gross proceeds of ¥299,949,100. The transaction will include participation from new investor PROCESS UNIT FUND Investment Business Limited Liability. The transaction is expected to close on September 29, 2023. The company will incur issue expenses of ¥1,000,000 in the transaction. Reported Earnings • Jul 16
Third quarter 2023 earnings released: JP¥9.64 loss per share (vs JP¥2.31 profit in 3Q 2022) Third quarter 2023 results: JP¥9.64 loss per share (down from JP¥2.31 profit in 3Q 2022). Revenue: JP¥636.0m (up 8.9% from 3Q 2022). Net loss: JP¥67.0m (down JP¥83.0m from profit in 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Japan. Reported Earnings • Apr 15
Second quarter 2023 earnings released Second quarter 2023 results: JP¥56.27 loss per share. Net loss: JP¥391.0m (flat on 2Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in Japan. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥634, the stock trades at a forward P/E ratio of 199x. Average forward P/E is 18x in the IT industry in Japan. Aankondiging • Feb 01
Tripleize Co.,Ltd. to Report Q2, 2023 Results on Apr 13, 2023 Tripleize Co.,Ltd. announced that they will report Q2, 2023 results on Apr 13, 2023 Reported Earnings • Jan 13
First quarter 2023 earnings released First quarter 2023 results: JP¥1.44 loss per share. Net loss: JP¥10.0m (flat on 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Reported Earnings • Dec 04
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥17.42 (up from JP¥6.12 in FY 2021). Revenue: JP¥2.42b (up 14% from FY 2021). Net income: JP¥112.0m (up 195% from FY 2021). Profit margin: 4.6% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in Japan. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥1,169, the stock trades at a forward P/E ratio of 272x. Average forward P/E is 18x in the IT industry in Japan. Aankondiging • Nov 02
Tripleize Co.,Ltd. to Report Q1, 2023 Results on Jan 12, 2023 Tripleize Co.,Ltd. announced that they will report Q1, 2023 results on Jan 12, 2023 Aankondiging • Oct 15
Tripleize Co.,Ltd., Annual General Meeting, Nov 29, 2022 Tripleize Co.,Ltd., Annual General Meeting, Nov 29, 2022. Agenda: General meeting of shareholders. Reported Earnings • Oct 15
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥17.42 (up from JP¥6.12 in FY 2021). Revenue: JP¥2.42b (up 14% from FY 2021). Net income: JP¥112.0m (up 195% from FY 2021). Profit margin: 4.6% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 25%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the IT industry in Japan. Aankondiging • Aug 27
Tripleize Co.,Ltd. to Report Fiscal Year 2022 Results on Oct 13, 2022 Tripleize Co.,Ltd. announced that they will report fiscal year 2022 results on Oct 13, 2022 Aankondiging • Jun 18
Tripleize Co.,Ltd. to Report Q3, 2022 Results on Jul 14, 2022 Tripleize Co.,Ltd. announced that they will report Q3, 2022 results on Jul 14, 2022 Aankondiging • Jun 01
Tripleize Co.,Ltd. has completed an IPO in the amount of ¥475.2 million. Tripleize Co.,Ltd. has completed an IPO in the amount of ¥475.2 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 540,000
Price\Range: ¥880
Discount Per Security: ¥70.4
Transaction Features: Sponsor Backed Offering