ZOZO Past Earnings Performance

Past criteria checks 4/6

ZOZO has been growing earnings at an average annual rate of 17.1%, while the Specialty Retail industry saw earnings growing at 10.5% annually. Revenues have been growing at an average rate of 10.8% per year. ZOZO's return on equity is 50.5%, and it has net margins of 22%.

Key information

17.1%

Earnings growth rate

17.6%

EPS growth rate

Specialty Retail Industry Growth	4.1%
Revenue growth rate	10.8%
Return on equity	50.5%
Net Margin	22.0%
Next Earnings Update	31 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How ZOZO makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:SAR0 Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	205,600	45,157	125,479
30 Jun 24	201,532	44,246	123,044
31 Mar 24	197,016	44,341	119,173
31 Dec 23	194,524	40,783	120,830
30 Sep 23	189,873	40,773	115,941
30 Jun 23	186,704	40,770	113,396
31 Mar 23	183,423	39,526	112,242
31 Dec 22	178,888	39,052	109,340
30 Sep 22	173,754	37,018	107,508
30 Jun 22	169,923	35,721	105,859
31 Mar 22	166,199	34,492	104,160
31 Dec 21	162,700	33,860	102,146
30 Sep 21	157,122	33,530	98,238
30 Jun 21	152,594	32,342	95,959
31 Mar 21	147,402	30,932	93,496
31 Dec 20	142,110	30,357	88,008
30 Sep 20	134,767	24,828	87,650
30 Jun 20	130,994	20,799	86,751
31 Mar 20	125,517	18,804	83,547
31 Dec 19	120,518	14,492	81,622
30 Sep 19	121,883	17,613	77,716
30 Jun 19	120,050	17,148	77,603
31 Mar 19	118,405	15,985	77,313
31 Dec 18	117,291	17,536	74,896
30 Sep 18	109,502	16,896	69,882
30 Jun 18	103,533	18,787	63,006
31 Mar 18	98,432	20,156	56,493
31 Dec 17	93,614	19,203	53,916
30 Sep 17	87,521	18,527	48,791
30 Jun 17	82,458	18,987	44,335
31 Mar 17	76,393	17,035	41,260
31 Dec 16	70,366	18,178	37,094
30 Sep 16	63,571	15,258	34,937
30 Jun 16	58,952	13,067	33,154
31 Mar 16	54,422	11,988	30,819
31 Dec 15	49,679	10,047	28,570
30 Sep 15	45,979	9,875	25,643
30 Jun 15	43,637	9,627	23,784
31 Mar 15	41,182	8,999	22,498
31 Dec 14	40,057	9,208	22,325
30 Sep 14	38,733	8,243	22,004
30 Jun 14	38,445	7,835	21,231
31 Mar 14	38,580	7,797	20,247
31 Dec 13	37,761	7,463	19,559

Quality Earnings: SAR0 has high quality earnings.

Growing Profit Margin: SAR0's current net profit margins (22%) are higher than last year (21.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SAR0's earnings have grown by 17.1% per year over the past 5 years.

Accelerating Growth: SAR0's earnings growth over the past year (10.8%) is below its 5-year average (17.1% per year).

Earnings vs Industry: SAR0 earnings growth over the past year (10.8%) did not outperform the Specialty Retail industry 78.9%.

Return on Equity

High ROE: SAR0's Return on Equity (50.5%) is considered outstanding.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 16:49
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ZOZO, Inc. is covered by 29 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harrison Bates	BNP Paribas Securities (Asia)
Yoshitaka Nagao	BofA Global Research
Junko Yamamura	Citigroup Inc