Announcement • Jun 25
Choei Inc. (TSE:2993) announces an Equity Buyback for 241,400 shares, representing 5.5% for ¥518.77 million. Choei Inc. (TSE:2993) announces a share repurchase program. Under the program, the company will repurchase up to 241,400 shares, representing 5.5% of its issued share capital (excluding treasury stock), for a total purchase price of ¥518.77 million. The shares will be repurchased at a price of ¥2,149 per share. The repurchased shares will be used to issue shares in response to the exercise of issued stock options and restricted stock compensation, as well as to implement flexible capital policies in response to changes in the business environment and improve capital efficiency. As of March 31, 2026, the company has 4,386,968 issued shares (excluding treasury stock) and 86,432 treasury shares. Announcement • Jun 09
Choei Inc. to Report Q1, 2027 Results on Aug 12, 2026 Choei Inc. announced that they will report Q1, 2027 results on Aug 12, 2026 New Risk • May 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.0% Last year net profit margin: 21% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (9.0% net profit margin). Market cap is less than US$100m (JP¥10.1b market cap, or US$63.3m).