Buy Or Sell Opportunity • Jul 29
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 7.6% to €8.50. The fair value is estimated to be €6.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.5%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are forecast to decline by 5.0% per annum over the same time period. Reported Earnings • Jul 28
First quarter 2027 earnings released: EPS: JP¥33.97 (vs JP¥19.22 in 1Q 2026) First quarter 2027 results: EPS: JP¥33.97 (up from JP¥19.22 in 1Q 2026). Revenue: JP¥17.4b (up 17% from 1Q 2026). Net income: JP¥11.3b (up 87% from 1Q 2026). Profit margin: 65% (up from 41% in 1Q 2026). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Jul 07
Koei Tecmo Holdings Co., Ltd. to Report Q1, 2027 Results on Jul 27, 2026 Koei Tecmo Holdings Co., Ltd. announced that they will report Q1, 2027 results on Jul 27, 2026 Board Change • Jun 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Independent Outside Director Shino Uenuma was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 27
Koei Tecmo Holdings Co., Ltd., Annual General Meeting, Jun 18, 2026 Koei Tecmo Holdings Co., Ltd., Annual General Meeting, Jun 18, 2026. Announcement • Apr 21
Koei Tecmo Holdings Co., Ltd. to Report Fiscal Year 2026 Results on Apr 27, 2026 Koei Tecmo Holdings Co., Ltd. announced that they will report fiscal year 2026 results on Apr 27, 2026 Announcement • Jan 06
Koei Tecmo Holdings Co., Ltd. to Report Q3, 2026 Results on Jan 26, 2026 Koei Tecmo Holdings Co., Ltd. announced that they will report Q3, 2026 results on Jan 26, 2026 Announcement • Oct 08
Koei Tecmo Holdings Co., Ltd. to Report Q2, 2026 Results on Oct 27, 2025 Koei Tecmo Holdings Co., Ltd. announced that they will report Q2, 2026 results on Oct 27, 2025 Announcement • Sep 03
Koei Tecmo Holdings Co., Ltd. has filed a Follow-on Equity Offering. Koei Tecmo Holdings Co., Ltd. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 14,740,000 Announcement • Jul 07
Koei Tecmo Holdings Co., Ltd. to Report Q1, 2026 Results on Jul 28, 2025 Koei Tecmo Holdings Co., Ltd. announced that they will report Q1, 2026 results on Jul 28, 2025 Announcement • Apr 30
Koei Tecmo Holdings Co., Ltd., Annual General Meeting, Jun 19, 2025 Koei Tecmo Holdings Co., Ltd., Annual General Meeting, Jun 19, 2025. Announcement • Apr 03
Koei Tecmo Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025 Koei Tecmo Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025 Announcement • Feb 10
Koei Tecmo Holdings Co., Ltd. Announces Board Retirements Koei Tecmo Holdings Co., Ltd. announced the personnel changes. Yosuke HAYASHI is retired as director. Satoru MORISHIMA is retired as Audit & Supervisory Board Member. Announcement • Dec 21
Koei Tecmo Holdings Co., Ltd. to Report Q3, 2025 Results on Jan 27, 2025 Koei Tecmo Holdings Co., Ltd. announced that they will report Q3, 2025 results on Jan 27, 2025 Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: JP¥7.40 (vs JP¥19.78 in 2Q 2024) Second quarter 2025 results: EPS: JP¥7.40 (down from JP¥19.78 in 2Q 2024). Revenue: JP¥17.6b (down 18% from 2Q 2024). Net income: JP¥2.34b (down 63% from 2Q 2024). Profit margin: 13% (down from 29% in 2Q 2024). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in Germany. Announcement • Oct 02
Koei Tecmo Holdings Co., Ltd. to Report Q2, 2025 Results on Oct 28, 2024 Koei Tecmo Holdings Co., Ltd. announced that they will report Q2, 2025 results on Oct 28, 2024 New Risk • Sep 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.2% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €10.20, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Entertainment industry in Germany. Total loss to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €9.19 per share. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥43.18 (vs JP¥33.46 in 1Q 2024) First quarter 2025 results: EPS: JP¥43.18 (up from JP¥33.46 in 1Q 2024). Revenue: JP¥17.6b (down 3.8% from 1Q 2024). Net income: JP¥13.6b (up 29% from 1Q 2024). Profit margin: 78% (up from 58% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Buy Or Sell Opportunity • Jul 13
Now 21% overvalued Over the last 90 days, the stock has fallen 8.0% to €8.60. The fair value is estimated to be €7.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 4.0%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are forecast to decline by 1.6% per annum over the same time period. Announcement • Jul 04
Koei Tecmo Holdings Co., Ltd. to Report Q1, 2025 Results on Jul 29, 2024 Koei Tecmo Holdings Co., Ltd. announced that they will report Q1, 2025 results on Jul 29, 2024 Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: JP¥107 (vs JP¥98.20 in FY 2023) Full year 2024 results: EPS: JP¥107 (up from JP¥98.20 in FY 2023). Revenue: JP¥84.6b (up 7.9% from FY 2023). Net income: JP¥33.8b (up 9.2% from FY 2023). Profit margin: 40% (in line with FY 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Entertainment industry in Germany. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €8.20, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 57x in the Entertainment industry in Germany. Total loss to shareholders of 46% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €7.40 per share. New Risk • May 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • May 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to €7.65. The fair value is estimated to be €9.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 4.0%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 5.0% per annum over the same time period. Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥107 (vs JP¥98.20 in FY 2023) Full year 2024 results: EPS: JP¥107 (up from JP¥98.20 in FY 2023). Revenue: JP¥84.6b (up 7.9% from FY 2023). Net income: JP¥33.8b (up 9.2% from FY 2023). Profit margin: 40% (in line with FY 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Buy Or Sell Opportunity • Apr 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €8.90. The fair value is estimated to be €11.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 5.7%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 0.06% per annum over the same time period. Announcement • Apr 03
Koei Tecmo Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2024 Koei Tecmo Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%). Buy Or Sell Opportunity • Feb 03
Now 25% overvalued Over the last 90 days, the stock has fallen 4.2% to €11.50. The fair value is estimated to be €9.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has grown by 5.7%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 0.1% per annum over the same time period. Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: JP¥23.71 (vs JP¥0.54 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥23.71 (up from JP¥0.54 loss in 3Q 2023). Revenue: JP¥21.4b (up 46% from 3Q 2023). Net income: JP¥7.49b (up JP¥7.66b from 3Q 2023). Profit margin: 35% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Entertainment industry in Germany. Announcement • Jan 10
Koei Tecmo Holdings Co., Ltd. to Report Q3, 2024 Results on Jan 29, 2024 Koei Tecmo Holdings Co., Ltd. announced that they will report Q3, 2024 results on Jan 29, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: JP¥19.78 (vs JP¥21.90 in 2Q 2023) Second quarter 2024 results: EPS: JP¥19.78 (down from JP¥21.90 in 2Q 2023). Revenue: JP¥21.4b (up 33% from 2Q 2023). Net income: JP¥6.24b (down 9.5% from 2Q 2023). Profit margin: 29% (down from 43% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Entertainment industry in Germany. Announcement • Oct 05
Koei Tecmo Holdings Co., Ltd. to Report Q2, 2024 Results on Oct 30, 2023 Koei Tecmo Holdings Co., Ltd. announced that they will report Q2, 2024 results on Oct 30, 2023 Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥33.46 (vs JP¥21.43 in 1Q 2023) First quarter 2024 results: EPS: JP¥33.46 (up from JP¥21.43 in 1Q 2023). Revenue: JP¥18.3b (down 1.9% from 1Q 2023). Net income: JP¥10.6b (up 56% from 1Q 2023). Profit margin: 58% (up from 36% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Entertainment industry in Germany. Board Change • Jul 26
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 8 highly experienced directors. 4 independent directors (8 non-independent directors). Independent Outside Director Michiaki Ogasawara was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.