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Watabe Wedding

DB:WW8
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WW8
DB
¥6B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Watabe Wedding Corporation provides wedding and travel services for wedding participants worldwide. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
WW8 Share Price and Events
7 Day Returns
8.9%
DB:WW8
1.5%
Europe Consumer Services
0.3%
DE Market
1 Year Returns
28.4%
DB:WW8
-20.8%
Europe Consumer Services
-11.7%
DE Market
WW8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Watabe Wedding (WW8) 8.9% 5.4% 3.7% 28.4% 54.9% 23.2%
Europe Consumer Services 1.5% 1.5% 0.9% -20.8% -45.1% -49.9%
DE Market 0.3% -2.3% -1.1% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • WW8 outperformed the Consumer Services industry which returned -20.8% over the past year.
  • WW8 outperformed the Market in Germany which returned -11.7% over the past year.
Price Volatility
WW8
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Watabe Wedding's competitors could be found in our database.

WW8 Value

 Is Watabe Wedding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Watabe Wedding. This is due to cash flow or dividend data being unavailable. The share price is €5.277.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Watabe Wedding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Watabe Wedding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:WW8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥22.00
TSE:4696 Share Price ** TSE (2019-06-17) in JPY ¥651
Europe Consumer Services Industry PE Ratio Median Figure of 10 Publicly-Listed Consumer Services Companies 18.34x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Watabe Wedding.

DB:WW8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:4696 Share Price ÷ EPS (both in JPY)

= 651 ÷ 22.00

29.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Watabe Wedding is overvalued based on earnings compared to the Europe Consumer Services industry average.
  • Watabe Wedding is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Watabe Wedding's expected growth come at a high price?
Raw Data
DB:WW8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
27.4%per year
Europe Consumer Services Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Services Companies 1.24x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

DB:WW8 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 29.59x ÷ 27.4%

1.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Watabe Wedding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Watabe Wedding's assets?
Raw Data
DB:WW8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥1,066.73
TSE:4696 Share Price * TSE (2019-06-17) in JPY ¥651
Europe Consumer Services Industry PB Ratio Median Figure of 18 Publicly-Listed Consumer Services Companies 1.85x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:WW8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:4696 Share Price ÷ Book Value per Share (both in JPY)

= 651 ÷ 1,066.73

0.61x

* Primary Listing of Watabe Wedding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Watabe Wedding is good value based on assets compared to the Europe Consumer Services industry average.
X
Value checks
We assess Watabe Wedding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Services industry average (and greater than 0)? (1 check)
  5. Watabe Wedding has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WW8 Future Performance

 How is Watabe Wedding expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
27.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Watabe Wedding expected to grow at an attractive rate?
  • Watabe Wedding's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Watabe Wedding's earnings growth is expected to exceed the Germany market average.
  • Watabe Wedding's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:WW8 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:WW8 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 27.4%
DB:WW8 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 2.4%
Europe Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 13.7%
Europe Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 7.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:WW8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:WW8 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 52,300 2,230 570 1
2021-03-31 51,800 2,230 500 1
2020-03-31 51,000 1,701 400 1
DB:WW8 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 48,458 2,409 218
2018-12-31 47,595 311
2018-09-30 46,425 2,270 -119
2018-06-30 45,972 258
2018-03-31 45,135 3,222 171
2017-12-31 44,605 162
2017-09-30 44,544 2,738 487
2017-06-30 44,315 413
2017-03-31 43,908 2,239 123
2016-12-31 43,857 482
2016-09-30 43,753 1,888 539
2016-06-30 43,622 86

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Watabe Wedding's earnings are expected to grow significantly at over 20% yearly.
  • Watabe Wedding's revenue is expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:WW8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Watabe Wedding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WW8 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 57.50 57.50 57.50 1.00
2021-03-31 50.50 50.50 50.50 1.00
2020-03-31 40.40 40.40 40.40 1.00
DB:WW8 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 22.00
2018-12-31 31.39
2018-09-30 -12.01
2018-06-30 26.04
2018-03-31 17.26
2017-12-31 16.35
2017-09-30 49.15
2017-06-30 41.68
2017-03-31 12.41
2016-12-31 48.64
2016-09-30 54.39
2016-06-30 8.68

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Watabe Wedding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Watabe Wedding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Watabe Wedding has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WW8 Past Performance

  How has Watabe Wedding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Watabe Wedding's growth in the last year to its industry (Consumer Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Watabe Wedding has delivered over 20% year on year earnings growth in the past 5 years.
  • Watabe Wedding's 1-year earnings growth is less than its 5-year average (27.5% vs 73%)
  • Watabe Wedding's earnings growth has exceeded the Europe Consumer Services industry average in the past year (27.5% vs -1.3%).
Earnings and Revenue History
Watabe Wedding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Watabe Wedding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WW8 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 48,458.00 218.00 32,368.00
2018-12-31 47,595.00 311.00 31,578.00
2018-09-30 46,425.00 -119.00 31,123.00
2018-06-30 45,972.00 258.00 30,666.00
2018-03-31 45,135.00 171.00 30,269.00
2017-12-31 44,605.00 162.00 30,146.00
2017-09-30 44,544.00 487.00 29,567.00
2017-06-30 44,315.00 413.00 29,105.00
2017-03-31 43,908.00 123.00 28,768.00
2016-12-31 43,857.00 482.00 28,290.00
2016-09-30 43,753.00 539.00 28,291.00
2016-06-30 43,622.00 86.00 28,386.00
2016-03-31 43,882.00 46.00 28,580.00
2015-12-31 43,958.00 -1,219.00 28,715.00
2015-09-30 44,443.00 -1,815.00 29,025.00
2015-06-30 44,433.00 -1,768.00 29,307.00
2015-03-31 44,214.00 -1,805.00 29,335.00
2014-12-31 45,475.00 -3,354.00 29,919.00
2014-09-30 45,712.00 -3,450.00 30,595.00
2014-06-30 46,540.00 -3,379.00 31,166.00
2014-03-31 47,710.00 -3,524.00 32,021.00
2013-12-31 47,982.00 -687.00 32,102.00
2013-09-30 48,594.00 -424.00 32,127.00
2013-06-30 48,834.00 61.00 32,004.00
2013-03-31 49,295.00 560.00 31,959.00
2012-12-31 49,732.00 799.00 32,090.00
2012-09-30 49,909.00 771.00 32,095.00
2012-06-30 49,850.00 631.00 32,048.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Watabe Wedding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Watabe Wedding used its assets less efficiently than the Europe Consumer Services industry average last year based on Return on Assets.
  • Watabe Wedding has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Watabe Wedding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Watabe Wedding has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WW8 Health

 How is Watabe Wedding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Watabe Wedding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Watabe Wedding's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Watabe Wedding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Watabe Wedding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Watabe Wedding Company Filings, last reported 2 months ago.

DB:WW8 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 10,577.00 2,200.00 5,072.00
2018-12-31 11,140.00 3,500.00 5,896.00
2018-09-30 9,952.00 4,100.00 5,934.00
2018-06-30 10,800.00 3,250.00 5,846.00
2018-03-31 10,451.00 3,350.00 6,689.00
2017-12-31 11,067.00 3,012.00 6,750.00
2017-09-30 10,190.00 3,462.00 7,101.00
2017-06-30 10,745.00 1,229.00 4,316.00
2017-03-31 10,539.00 975.00 5,436.00
2016-12-31 10,900.00 387.00 5,630.00
2016-09-30 9,147.00 587.00 4,196.00
2016-06-30 9,892.00 350.00 3,993.00
2016-03-31 10,342.00 1,058.00 5,311.00
2015-12-31 10,868.00 1,021.00 5,212.00
2015-09-30 9,721.00 1,021.00 4,113.00
2015-06-30 10,940.00 1,180.00 4,256.00
2015-03-31 10,962.00 1,375.00 4,502.00
2014-12-31 11,988.00 1,937.00 5,206.00
2014-09-30 10,896.00 2,237.00 4,034.00
2014-06-30 11,751.00 2,500.00 5,495.00
2014-03-31 11,989.00 2,400.00 6,267.00
2013-12-31 14,913.00 2,200.00 5,970.00
2013-09-30 14,426.00 2,550.00 5,298.00
2013-06-30 15,274.00 1,850.00 5,780.00
2013-03-31 15,344.00 1,600.00 6,407.00
2012-12-31 15,035.00 1,900.00 6,500.00
2012-09-30 14,238.00 1,850.00 5,519.00
2012-06-30 14,791.00 1,850.00 6,000.00
  • Watabe Wedding's level of debt (20.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (20% vs 20.8% today).
  • Debt is well covered by operating cash flow (109.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 44.5x coverage).
X
Financial health checks
We assess Watabe Wedding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Watabe Wedding has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WW8 Dividends

 What is Watabe Wedding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.77%
Current annual income from Watabe Wedding dividends. Estimated to be 0% next year.
If you bought €2,000 of Watabe Wedding shares you are expected to receive €15 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Watabe Wedding's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Watabe Wedding's dividend is below the markets top 25% of dividend payers in Germany (3.91%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:WW8 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:WW8 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 0.00 1.00
2021-03-31 0.00 1.00
2020-03-31 0.00 1.00
DB:WW8 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-05-14 5.000 0.831
2018-06-29 5.000 0.802
2018-05-10 5.000 0.928
2017-06-30 5.000 0.789
2017-05-11 5.000 0.917
2016-06-30 5.000 1.059
2016-05-11 5.000 1.168
2015-08-07 0.000 0.000
2015-07-30 0.000 0.000
2015-06-29 0.000 0.000
2015-05-12 0.000 0.000
2015-02-02 0.000 0.000
2015-01-30 0.000 0.000
2014-11-04 0.000 0.000
2014-10-31 0.000 0.000
2014-08-01 0.000 0.000
2014-07-31 0.000 0.000
2014-06-30 0.000 0.000
2014-05-13 0.000 0.000
2014-02-03 30.000 4.487
2014-01-31 30.000 4.458
2013-10-31 30.000 4.509
2013-06-27 30.000 4.110
2013-05-07 30.000 3.961
2013-02-01 30.000 3.847
2013-01-31 30.000 4.129
2012-11-02 30.000 4.718
2012-10-31 30.000 4.625
2012-07-30 30.000 4.395
2012-06-28 30.000 4.116
2012-05-07 30.000 4.325
2012-02-02 30.000 4.047
2012-01-31 30.000 4.184
2011-11-02 30.000 4.569
2011-10-31 30.000 4.895
2011-07-29 30.000 4.656
2011-06-29 30.000 4.284
2011-05-09 30.000 4.508
2011-02-02 30.000 3.765
2011-01-31 30.000 3.274
2010-11-05 30.000 3.444
2010-11-02 30.000 3.915
2010-06-29 30.000 3.286
2010-05-07 30.000 2.809
2010-02-04 30.000 2.755
2010-02-03 30.000 3.015
2009-11-06 30.000 3.041
2009-08-07 30.000 2.270
2009-06-26 30.000 1.975

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Watabe Wedding is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Watabe Wedding is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Watabe Wedding's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Watabe Wedding's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • No need to calculate the sustainability of Watabe Wedding's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Watabe Wedding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Watabe Wedding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Watabe Wedding has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WW8 Management

 What is the CEO of Watabe Wedding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Nobuaki Hanafusa
AGE 63
CEO Bio

Mr. Nobuaki Hanafusa serves as the Chief Executive Officer at Watabe Wedding Corporation. Mr. Hanafusa served as the President and Executive Officer of Watabe Wedding Corporation since April 2014 and also serves as its Chief Executive Officer. Mr. Hanafusa served as General Manager of Administration at Watabe Wedding Corporation since November 2010. Mr. Hanafusa Joined ANA Enterprise, Ltd. in March 1988 and since July 2002 served as its Director of Performance Management for Performance Management Division. In February 2005, Mr. Hanafusa Joined Ishin Hotels Group and since October 2005 served as its Overall General Manager of Finance and Accounting. In April 2006, Mr. Hanafusa Joined Watabe Wedding Corp. and served as its Executive Officer, In-charge of Domestic Ceremonial Business since June 2009. Mr. Hanafusa has been a Representative Director since May 2012. He served as Executive Officer, In-charge of Domestic Ceremonial Business and President of Meruparuku K.K. since June 2011. Mr. Hanafusa served as an Executive Director of Watabe Wedding Corporation since June 2011.

CEO Compensation
  • Insufficient data for Nobuaki to compare compensation growth.
  • Insufficient data for Nobuaki to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Nobuaki Hanafusa

TITLE
Chief Executive Officer and Representative Director
AGE
63

Hirokazu Kogishi

TITLE
Senior Executive Officer
TENURE
3.2 yrs

Hiroya Yamamoto

TITLE
Executive Officer
AGE
60

Kensuke Miyazaki

TITLE
Executive Officer

Masaki Nagamine

TITLE
Executive Officer

Yoshie Nagasawa

TITLE
Executive Officer

Yoshiaki Isaka

TITLE
Executive Officer and Director
Board of Directors Tenure

Average tenure and age of the Watabe Wedding board of directors in years:

7
Average Tenure
59
Average Age
  • The tenure for the Watabe Wedding board of directors is about average.
Board of Directors

Hidetoshi Watabe

TITLE
Chairman
AGE
52
TENURE
5.2 yrs

Nobuaki Hanafusa

TITLE
Chief Executive Officer and Representative Director
AGE
63
TENURE
7.1 yrs

Hirokazu Kogishi

TITLE
Senior Executive Officer

Yoshiaki Isaka

TITLE
Executive Officer and Director

Takashi Naito

TITLE
External Director

Koji Yamazaki

TITLE
Director
AGE
64

Makoto Motonakano

TITLE
Director
AGE
55

Yoshitaka Hayashi

TITLE
External Director
AGE
55

Hitoshi Nakauchi

TITLE
External Director

Terumichi Saeki

TITLE
External Auditor
AGE
76
TENURE
7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Watabe Wedding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Watabe Wedding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WW8 News

Simply Wall St News

WW8 Company Info

Description

Watabe Wedding Corporation provides wedding and travel services for wedding participants worldwide. The company manages wedding facilities; manufactures and sells wedding dresses; rents formal costumes, including wedding related costumes, and costumes for adult ceremonies; and provides costumes and photography set services. It also offers planning and production of wedding produce and receptions; furniture services; and wedding-related services, such as mediation of jewelry and precious metals comprising wedding supplies and bedding. The company was formerly known as Watabe Clothing Store Co., Ltd. and changed its name to Watabe Wedding Corporation in August 1996. Watabe Wedding Corporation was founded in 1953 and is headquartered in Kyoto, Japan.

Details
Name: Watabe Wedding Corporation
WW8
Exchange: DB
Founded: 1953
¥52,863,841
9,908,774
Website: http://www.watabe-wedding.co.jp
Address: Watabe Wedding Corporation
20 Shijo Karasuma FT Square,
Shijo Street, Karasuma Higashiiri,
Kyoto,
600-8540,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 4696 Common Shares The Tokyo Stock Exchange JP JPY 12. Dec 1997
DB WW8 Common Shares Deutsche Boerse AG DE EUR 12. Dec 1997
Number of employees
Current staff
Staff numbers
2,323
Watabe Wedding employees.
Industry
Specialized Consumer Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 21:30
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/06/03
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.