Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥52.41 (vs JP¥37.76 in FY 2025) Full year 2026 results: EPS: JP¥52.41 (up from JP¥37.76 in FY 2025). Revenue: JP¥10.8b (up 19% from FY 2025). Net income: JP¥253.0m (up 38% from FY 2025). Profit margin: 2.3% (up from 2.0% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Aankondiging • May 15
Excite Holdings Co., Ltd., Annual General Meeting, Jun 29, 2026 Excite Holdings Co., Ltd., Annual General Meeting, Jun 29, 2026. Aankondiging • May 09
Excite Holdings Co., Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Excite Holdings Co., Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥31.50 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 10 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.2%). Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥4.79 (vs JP¥5.15 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥4.79 (up from JP¥5.15 loss in 3Q 2025). Revenue: JP¥2.85b (up 20% from 3Q 2025). Net income: JP¥23.0m (up JP¥48.0m from 3Q 2025). Profit margin: 0.8% (up from net loss in 3Q 2025). Aankondiging • Dec 06
Excite Holdings Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Excite Holdings Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 20
Second quarter 2026 earnings released: EPS: JP¥2.48 (vs JP¥23.00 in 2Q 2025) Second quarter 2026 results: EPS: JP¥2.48 (down from JP¥23.00 in 2Q 2025). Revenue: JP¥2.57b (up 22% from 2Q 2025). Net income: JP¥12.0m (down 89% from 2Q 2025). Profit margin: 0.5% (down from 5.3% in 2Q 2025). Aankondiging • Sep 27
Excite Holdings Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Excite Holdings Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Aankondiging • Sep 01
Excite Holdings Co., Ltd. (TSE:5571) announces an Equity Buyback for 85,000 shares, representing 1.75% for ¥112.46 million. Excite Holdings Co., Ltd. (TSE:5571) announces a share repurchase program. Under the program, the company will repurchase up to 85,000 shares, representing 1.75% of its issued share capital (excluding treasury stock), for a total purchase price of ¥112.46 million. The shares will be repurchased at a price of ¥1,323 per share. As of August 31, 2025, the company has 4,869,430 issued shares (excluding treasury stock) and 0 treasury shares. Reported Earnings • Aug 16
First quarter 2026 earnings released: JP¥4.53 loss per share (vs JP¥13.44 profit in 1Q 2025) First quarter 2026 results: JP¥4.53 loss per share (down from JP¥13.44 profit in 1Q 2025). Revenue: JP¥2.55b (up 26% from 1Q 2025). Net loss: JP¥22.0m (down 133% from profit in 1Q 2025). Aankondiging • Jun 27
Excite Holdings Co., Ltd. to Report Q1, 2026 Results on Aug 14, 2025 Excite Holdings Co., Ltd. announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥37.76 (vs JP¥82.14 in FY 2024) Full year 2025 results: EPS: JP¥37.76 (down from JP¥82.14 in FY 2024). Revenue: JP¥9.09b (up 18% from FY 2024). Net income: JP¥184.0m (down 54% from FY 2024). Profit margin: 2.0% (down from 5.2% in FY 2024). Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,085, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 13x in the Telecom industry in Japan. Total returns to shareholders of 14% over the past year. Aankondiging • May 15
Excite Holdings Co., Ltd., Annual General Meeting, Jun 26, 2025 Excite Holdings Co., Ltd., Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥1,005, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 14x in the Telecom industry in Japan. Total returns to shareholders of 1.1% over the past year. New Risk • Mar 24
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 7.6% 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 Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.6% average weekly change). Earnings have declined by 5.5% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥6.17b market cap, or US$41.3m). Aankondiging • Mar 01
Excite Holdings Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Excite Holdings Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,224, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 14x in the Telecom industry in Japan. Total returns to shareholders of 27% over the past year. Reported Earnings • Feb 16
Third quarter 2025 earnings released: JP¥5.15 loss per share (vs JP¥22.10 profit in 3Q 2024) Third quarter 2025 results: JP¥5.15 loss per share (down from JP¥22.10 profit in 3Q 2024). Revenue: JP¥2.38b (up 23% from 3Q 2024). Net loss: JP¥25.0m (down 123% from profit in 3Q 2024). Aankondiging • Dec 13
Excite Holdings Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Excite Holdings Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥956, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 14x in the Telecom industry in Japan. Total returns to shareholders of 2.4% over the past year. Aankondiging • Sep 25
Excite Holdings Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Excite Holdings Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥13.44 (vs JP¥17.97 in 1Q 2024) First quarter 2025 results: EPS: JP¥13.44 (down from JP¥17.97 in 1Q 2024). Revenue: JP¥2.02b (up 8.9% from 1Q 2024). Net income: JP¥66.0m (down 5.7% from 1Q 2024). Profit margin: 3.3% (down from 3.8% in 1Q 2024). The decrease in margin was driven by higher expenses. New Risk • Aug 05
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 5.9% 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 Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥3.23b market cap, or US$22.7m). 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¥660, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 15x in the Telecom industry in Japan. Total loss to shareholders of 34% over the past year. Aankondiging • Jun 28
Excite Holdings Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Excite Holdings Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jun 08
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 3.0% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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 Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (JP¥4.88b market cap, or US$31.1m). Aankondiging • May 12
Excite Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024 Excite Holdings Co., Ltd., Annual General Meeting, Jun 27, 2024. Aankondiging • Mar 28
Excite Holdings Co., Ltd. to Report Fiscal Year 2024 Results on May 10, 2024 Excite Holdings Co., Ltd. announced that they will report fiscal year 2024 results on May 10, 2024 Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to JP¥1,180, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 15x in the Telecom industry in Japan. Aankondiging • Feb 01
Excite Holdings Co., Ltd. (TSE:5571) agreed to acquire Sharely business of Coincheck, Inc. Excite Holdings Co., Ltd. (TSE:5571) agreed to acquire Sharely business of Coincheck, Inc. on January 30, 2024.Transaction is expected to complete on March 8, 2024. Board Change • Jan 02
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. Independent Outside Director Satomi Sakamoto was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Dec 24
Excite Holdings Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Excite Holdings Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Aankondiging • Sep 02
Excite Holdings Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Excite Holdings Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 Aankondiging • Jun 22
Excite Holdings Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Excite Holdings Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,151, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 20x in the Interactive Media and Services industry in Japan. Aankondiging • May 11
Excite Holdings Co., Ltd. to Report Fiscal Year 2023 Results on May 12, 2023 Excite Holdings Co., Ltd. announced that they will report fiscal year 2023 results on May 12, 2023 Board Change • Apr 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Satomi Sakamoto was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. 
