Aankondiging • Feb 16
WirelessGate, Inc., Annual General Meeting, Mar 27, 2026 WirelessGate, Inc., Annual General Meeting, Mar 27, 2026. New Risk • Jan 27
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 5.6% 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 December 2022 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥3.33b market cap, or US$21.7m). Aankondiging • Oct 28
WirelessGate, Inc. to Report Q3, 2025 Results on Nov 13, 2025 WirelessGate, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025 Aankondiging • Jul 29
WirelessGate, Inc. to Report Q2, 2025 Results on Aug 14, 2025 WirelessGate, Inc. announced that they will report Q2, 2025 results on Aug 14, 2025 New Risk • Jul 07
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 7.3% 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 December 2022 fiscal period end). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥3.09b market cap, or US$21.3m). Aankondiging • Apr 25
WirelessGate, Inc. to Report Q1, 2025 Results on May 13, 2025 WirelessGate, Inc. announced that they will report Q1, 2025 results on May 13, 2025 Aankondiging • Feb 13
WirelessGate, Inc., Annual General Meeting, Mar 25, 2025 WirelessGate, Inc., Annual General Meeting, Mar 25, 2025. Aankondiging • Jan 28
WirelessGate, Inc. to Report Fiscal Year 2024 Results on Feb 13, 2025 WirelessGate, Inc. announced that they will report fiscal year 2024 results at 3:00 PM, Tokyo Standard Time on Feb 13, 2025 Aankondiging • Oct 25
WirelessGate, Inc. to Report Q3, 2024 Results on Nov 13, 2024 WirelessGate, Inc. announced that they will report Q3, 2024 results on Nov 13, 2024 Aankondiging • Jul 26
WirelessGate, Inc. to Report Q2, 2024 Results on Aug 14, 2024 WirelessGate, Inc. announced that they will report Q2, 2024 results on Aug 14, 2024 Buy Or Sell Opportunity • Jun 13
Now 22% undervalued Over the last 90 days, the stock has risen 10% to JP¥230. The fair value is estimated to be JP¥293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • May 15
Now 20% undervalued Over the last 90 days, the stock has risen 4.9% to JP¥234. The fair value is estimated to be JP¥293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Board Change • Apr 01
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. 3 experienced directors. 3 highly experienced directors. President, CEO & Chairman Nobuhiro Hama was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 28
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 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. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Revenue has declined by 13% over the past year. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.27b market cap, or US$15.0m). Aankondiging • Feb 15
WirelessGate, Inc., Annual General Meeting, Mar 26, 2024 WirelessGate, Inc., Annual General Meeting, Mar 26, 2024. Buy Or Sell Opportunity • Feb 15
Now 24% undervalued Over the last 90 days, the stock has risen 14% to JP¥223. The fair value is estimated to be JP¥295, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Aankondiging • Jan 27
WirelessGate, Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 WirelessGate, Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Board Change • Jan 13
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 Yasuhiro Nishi was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 13% 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 Share price has been highly volatile over the past 3 months (8.9% average weekly change). Revenue has declined by 13% over the past year. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.45b market cap, or US$17.3m). New Risk • Dec 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 7.4% 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 Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.42b market cap, or US$16.5m). Aankondiging • Nov 01
WirelessGate, Inc. to Report Q3, 2023 Results on Nov 14, 2023 WirelessGate, Inc. announced that they will report Q3, 2023 results on Nov 14, 2023 New Risk • Oct 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor 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. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (JP¥2.12b market cap, or US$14.2m). Aankondiging • Jul 29
WirelessGate, Inc. to Report Q2, 2023 Results on Aug 14, 2023 WirelessGate, Inc. announced that they will report Q2, 2023 results on Aug 14, 2023 Aankondiging • May 17
Wirelessgate, Inc. Provides Non-Consolidated Earnings Guidance for the Full Year Ending December 31, 2023 WirelessGate, Inc. provided non-consolidated earnings guidance for the full year ending December 31, 2023. For the full year, company expects Net sales of JPY 8,318 million, operating profit of JPY 209 million, profit of JPY 146 million and earnings per share of JPY 13.66. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: JP¥2.42 (vs JP¥36.17 loss in FY 2021) Full year 2022 results: EPS: JP¥2.42 (up from JP¥36.17 loss in FY 2021). Revenue: JP¥8.53b (down 13% from FY 2021). Net income: JP¥26.0m (up JP¥414.0m from FY 2021). Profit margin: 0.3% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: JP¥2.42 (vs JP¥36.17 loss in FY 2021) Full year 2022 results: EPS: JP¥2.42 (up from JP¥36.17 loss in FY 2021). Revenue: JP¥8.53b (down 13% from FY 2021). Net income: JP¥26.0m (up JP¥414.0m from FY 2021). Profit margin: 0.3% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Aankondiging • Jan 29
WirelessGate, Inc. to Report Q4, 2022 Results on Feb 14, 2023 WirelessGate, Inc. announced that they will report Q4, 2022 results on Feb 14, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥1.12 (vs JP¥7.55 in 3Q 2021) Third quarter 2022 results: EPS: JP¥1.12 (down from JP¥7.55 in 3Q 2021). Revenue: JP¥2.13b (down 13% from 3Q 2021). Net income: JP¥12.0m (down 85% from 3Q 2021). Profit margin: 0.6% (down from 3.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Aankondiging • Nov 15
WirelessGate, Inc. Provides consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022 WirelessGate, Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2022. The company expected net sales to be JPY 9,004 million, Operating profit to be JPY 200 million, profit attributable to owners of parent to be JPY 9 million or JPY 0.91 per share. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: JP¥1.12 (vs JP¥7.55 in 3Q 2021) Third quarter 2022 results: EPS: JP¥1.12 (down from JP¥7.55 in 3Q 2021). Revenue: JP¥2.13b (down 13% from 3Q 2021). Net income: JP¥12.0m (down 85% from 3Q 2021). Profit margin: 0.6% (down from 3.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Aankondiging • Oct 29
WirelessGate, Inc. to Report Q3, 2022 Results on Nov 11, 2022 WirelessGate, Inc. announced that they will report Q3, 2022 results on Nov 11, 2022 Aankondiging • Aug 16
WirelessGate, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022 WirelessGate, Inc. provided consolidated earnings guidance for the year ending December 31, 2022. For the year, the company expects net sales of JPY 9,004 million, operating profit of JPY 200 million, profit attributable to owners of parent of JPY 9 million and earnings per share of JPY 0.91. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: JP¥3.26 (vs JP¥1.86 loss in 2Q 2021) Second quarter 2022 results: EPS: JP¥3.26 (up from JP¥1.86 loss in 2Q 2021). Revenue: JP¥2.13b (down 16% from 2Q 2021). Net income: JP¥35.0m (up JP¥55.0m from 2Q 2021). Profit margin: 1.6% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Aankondiging • Jul 30
WirelessGate, Inc. to Report Q2, 2022 Results on Aug 10, 2022 WirelessGate, Inc. announced that they will report Q2, 2022 results on Aug 10, 2022 Aankondiging • May 18
Wirelessgate, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022 WirelessGate, Inc. provided consolidated earnings guidance for the year ending December 31, 2022. For the year, the company expected net sales of JPY 9,004 million, operating income of JPY 200 million, net income attributable to owners of parent of JPY 9 million or JPY 0.91 per basic share. Aankondiging • Feb 24
WirelessGate, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022 WirelessGate, Inc. provided consolidated earnings guidance for the year ending December 31, 2022. For the year, the company expected net sales of JPY 9,004 million, operating income of JPY 200 million, net income attributable to owners of parent of JPY 9 million or JPY 0.91 per basic share. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: JP¥36.17 loss per share (down from JP¥13.05 loss in FY 2020). Revenue: JP¥9.78b (down 9.0% from FY 2020). Net loss: JP¥388.0m (loss widened 179% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Feb 16
WirelessGate, Inc., Annual General Meeting, Mar 24, 2022 WirelessGate, Inc., Annual General Meeting, Mar 24, 2022. Aankondiging • Jan 28
WirelessGate, Inc. to Report Fiscal Year 2021 Results on Feb 14, 2022 WirelessGate, Inc. announced that they will report fiscal year 2021 results on Feb 14, 2022 Reported Earnings • Nov 16
Third quarter 2021 earnings released: EPS JP¥7.55 (vs JP¥2.53 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.44b (down 8.8% from 3Q 2020). Net income: JP¥81.0m (up 200% from 3Q 2020). Profit margin: 3.3% (up from 1.0% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 11
Second quarter 2021 earnings released: JP¥1.86 loss per share (vs JP¥0.094 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: JP¥2.53b (down 5.4% from 2Q 2020). Net loss: JP¥20.0m (loss widened JP¥19.0m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2021 earnings released: JP¥1.59 loss per share (vs JP¥1.42 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: JP¥2.63b (down 4.5% from 1Q 2020). Net loss: JP¥17.0m (down 213% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 18
New 90-day low: JP¥528 The company is down 18% from its price of JP¥642 on 20 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 33% over the same period. Aankondiging • Feb 16
WirelessGate, Inc., Annual General Meeting, Mar 26, 2021 WirelessGate, Inc., Annual General Meeting, Mar 26, 2021. Reported Earnings • Feb 14
Full year 2020 earnings released: JP¥13.05 loss per share (vs JP¥10.44 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: JP¥10.7b (down 5.2% from FY 2019). Net loss: JP¥139.0m (down 226% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Aankondiging • Jan 28
WirelessGate, Inc. to Report Fiscal Year 2020 Results on Feb 12, 2021 WirelessGate, Inc. announced that they will report fiscal year 2020 results on Feb 12, 2021 Is New 90 Day High Low • Dec 15
New 90-day low: JP¥583 The company is down 26% from its price of JP¥792 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Wireless Telecom industry, which is up 18% over the same period. Aankondiging • Jul 26
WirelessGate, Inc. to Report Q2, 2020 Results on Aug 07, 2020 WirelessGate, Inc. announced that they will report Q2, 2020 results on Aug 07, 2020