Reported Earnings • Jun 10
First quarter 2027 earnings released: EPS: JP¥29.23 (vs JP¥16.30 in 1Q 2026) First quarter 2027 results: EPS: JP¥29.23 (up from JP¥16.30 in 1Q 2026). Revenue: JP¥3.27b (up 29% from 1Q 2026). Net income: JP¥259.0m (up 80% from 1Q 2026). Profit margin: 7.9% (up from 5.7% in 1Q 2026). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • May 11
Final dividend of JP¥15.00 announced Dividend of JP¥15.00 is the same as last year. Ex-date: 30th July 2026 Payment date: 13th October 2026 Dividend yield will be 3.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 13% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 09
Besterra Co., Ltd. to Report Q1, 2027 Results on Jun 09, 2026 Besterra Co., Ltd. announced that they will report Q1, 2027 results at 9:00 AM, Tokyo Standard Time on Jun 09, 2026 Reported Earnings • Mar 13
Full year 2026 earnings released: EPS: JP¥81.28 (vs JP¥46.16 in FY 2025) Full year 2026 results: EPS: JP¥81.28 (up from JP¥46.16 in FY 2025). Revenue: JP¥11.1b (up 2.2% from FY 2025). Net income: JP¥732.0m (up 79% from FY 2025). Profit margin: 6.6% (up from 3.8% in FY 2025). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Mar 12
Besterra Co., Ltd., Annual General Meeting, Apr 23, 2026 Besterra Co., Ltd., Annual General Meeting, Apr 23, 2026. Buy Or Sell Opportunity • Mar 09
Now 20% undervalued Over the last 90 days, the stock has risen 14% to JP¥1,241. The fair value is estimated to be JP¥1,561, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 74%. Buy Or Sell Opportunity • Feb 02
Now 21% undervalued Over the last 90 days, the stock has risen 8.2% to JP¥1,155. The fair value is estimated to be JP¥1,466, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 74%. Upcoming Dividend • Jan 22
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 29 January 2026. Payment date: 08 April 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.3%). Reported Earnings • Dec 11
Third quarter 2026 earnings released: EPS: JP¥23.69 (vs JP¥10.33 in 3Q 2025) Third quarter 2026 results: EPS: JP¥23.69 (up from JP¥10.33 in 3Q 2025). Revenue: JP¥2.97b (up 33% from 3Q 2025). Net income: JP¥216.0m (up 136% from 3Q 2025). Profit margin: 7.3% (up from 4.1% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Oct 28
Besterra Co., Ltd. to Report Q3, 2026 Results on Dec 10, 2025 Besterra Co., Ltd. announced that they will report Q3, 2026 results on Dec 10, 2025 Declared Dividend • Oct 11
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 29th January 2026 Payment date: 8th April 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 10% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 51% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.8% EPS decline seen over the last 5 years. Reported Earnings • Sep 10
Second quarter 2026 earnings released: EPS: JP¥8.47 (vs JP¥17.61 in 2Q 2025) Second quarter 2026 results: EPS: JP¥8.47 (down from JP¥17.61 in 2Q 2025). Revenue: JP¥2.57b (down 8.5% from 2Q 2025). Net income: JP¥76.0m (down 51% from 2Q 2025). Profit margin: 3.0% (down from 5.6% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
Besterra Co., Ltd. to Report Q2, 2026 Results on Sep 09, 2025 Besterra Co., Ltd. announced that they will report Q2, 2026 results on Sep 09, 2025 Upcoming Dividend • Jul 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 July 2025. Payment date: 14 October 2025. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (3.2%). New Risk • Jun 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (JP¥12.1b market cap, or US$84.4m). Reported Earnings • Jun 10
First quarter 2026 earnings released: EPS: JP¥16.30 (vs JP¥3.27 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥16.30 (up from JP¥3.27 loss in 1Q 2025). Revenue: JP¥2.53b (down 14% from 1Q 2025). Net income: JP¥144.0m (up JP¥173.0m from 1Q 2025). Profit margin: 5.7% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Apr 29
Besterra Co., Ltd. to Report Q1, 2026 Results on Jun 09, 2025 Besterra Co., Ltd. announced that they will report Q1, 2026 results on Jun 09, 2025 Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,035, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 10x in the Construction industry in Japan. Total loss to shareholders of 6.7% over the past three years. Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: JP¥46.16 (vs JP¥26.07 in FY 2024) Full year 2025 results: EPS: JP¥46.16 (up from JP¥26.07 in FY 2024). Revenue: JP¥10.9b (up 16% from FY 2024). Net income: JP¥409.0m (up 77% from FY 2024). Profit margin: 3.8% (up from 2.5% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Mar 12
Besterra Co., Ltd., Annual General Meeting, Apr 24, 2025 Besterra Co., Ltd., Annual General Meeting, Apr 24, 2025. Announcement • Jan 30
Besterra Co., Ltd. to Report Fiscal Year 2025 Results on Mar 12, 2025 Besterra Co., Ltd. announced that they will report fiscal year 2025 results on Mar 12, 2025 Upcoming Dividend • Jan 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 January 2025. Payment date: 09 April 2025. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.4%). Reported Earnings • Dec 13
Third quarter 2025 earnings released: EPS: JP¥10.27 (vs JP¥14.56 in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.27 (down from JP¥14.56 in 3Q 2024). Revenue: JP¥2.24b (down 12% from 3Q 2024). Net income: JP¥91.0m (down 30% from 3Q 2024). Profit margin: 4.1% (down from 5.1% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Board Change • Dec 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Outside Independent Director Masahiro Komiyama was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 28
Besterra Co., Ltd. to Report Q3, 2025 Results on Dec 10, 2024 Besterra Co., Ltd. announced that they will report Q3, 2025 results on Dec 10, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥8.05b market cap, or US$57.3m). Reported Earnings • Sep 11
Second quarter 2025 earnings released: EPS: JP¥17.61 (vs JP¥0.34 in 2Q 2024) Second quarter 2025 results: EPS: JP¥17.61 (up from JP¥0.34 in 2Q 2024). Revenue: JP¥2.81b (up 57% from 2Q 2024). Net income: JP¥156.0m (up JP¥153.0m from 2Q 2024). Profit margin: 5.6% (up from 0.2% in 2Q 2024). The increase in margin was driven by higher revenue. 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. New Risk • Aug 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 6.1% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 6.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥6.49b market cap, or US$45.6m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥732, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 11x in the Construction industry in Japan. Total loss to shareholders of 46% over the past three years. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 10 October 2024. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.2%). Announcement • Jul 04
Besterra Co., Ltd. to Report Q2, 2025 Results on Sep 09, 2024 Besterra Co., Ltd. announced that they will report Q2, 2025 results on Sep 09, 2024 Reported Earnings • Jun 09
First quarter 2025 earnings released: JP¥3.34 loss per share (vs JP¥3.50 loss in 1Q 2024) First quarter 2025 results: JP¥3.34 loss per share (improved from JP¥3.50 loss in 1Q 2024). Revenue: JP¥2.96b (up 93% from 1Q 2024). Net loss: JP¥29.6m (loss narrowed 4.4% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Apr 04
Besterra Co., Ltd. to Report Q1, 2025 Results on Jun 07, 2024 Besterra Co., Ltd. announced that they will report Q1, 2025 results on Jun 07, 2024 Reported Earnings • Mar 09
Full year 2024 earnings released: EPS: JP¥26.07 (vs JP¥7.29 loss in FY 2023) Full year 2024 results: EPS: JP¥26.07 (up from JP¥7.29 loss in FY 2023). Revenue: JP¥9.39b (up 72% from FY 2023). Net income: JP¥231.0m (up JP¥295.0m from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Mar 08
Besterra Co., Ltd., Annual General Meeting, Apr 25, 2024 Besterra Co., Ltd., Annual General Meeting, Apr 25, 2024. New Risk • Feb 19
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 5.8% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 4.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (JP¥9.72b market cap, or US$64.8m). Upcoming Dividend • Jan 23
Upcoming dividend of JP¥10.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 11 April 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (2.9%). Announcement • Jan 11
Besterra Co., Ltd. to Report Fiscal Year 2024 Results on Mar 08, 2024 Besterra Co., Ltd. announced that they will report fiscal year 2024 results on Mar 08, 2024 Reported Earnings • Dec 12
Third quarter 2024 earnings released: EPS: JP¥14.56 (vs JP¥5.75 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥14.56 (up from JP¥5.75 loss in 3Q 2023). Revenue: JP¥2.53b (up 91% from 3Q 2023). Net income: JP¥129.0m (up JP¥180.0m from 3Q 2023). Profit margin: 5.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Oct 01
Besterra Co., Ltd. to Report Q3, 2024 Results on Dec 08, 2023 Besterra Co., Ltd. announced that they will report Q3, 2024 results on Dec 08, 2023 Reported Earnings • Sep 11
Second quarter 2024 earnings released: EPS: JP¥0.34 (vs JP¥6.19 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥0.34 (up from JP¥6.19 loss in 2Q 2023). Revenue: JP¥1.79b (up 110% from 2Q 2023). Net income: JP¥3.00m (up JP¥57.0m from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year. Announcement • Jul 30
Besterra Co., Ltd. to Report Q2, 2024 Results on Sep 08, 2023 Besterra Co., Ltd. announced that they will report Q2, 2024 results on Sep 08, 2023 Upcoming Dividend • Jul 21
Upcoming dividend of JP¥10.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 11 October 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.3%). New Risk • Jun 13
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 5.4% 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 Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥9.83b market cap, or US$70.4m). Reported Earnings • Jun 11
First quarter 2024 earnings released: JP¥3.50 loss per share (vs JP¥13.93 profit in 1Q 2023) First quarter 2024 results: JP¥3.50 loss per share (down from JP¥13.93 profit in 1Q 2023). Revenue: JP¥1.54b (down 8.6% from 1Q 2023). Net loss: JP¥31.0m (down 126% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 03
Full year 2023 earnings released: JP¥7.29 loss per share (vs JP¥174 profit in FY 2022) Full year 2023 results: JP¥7.29 loss per share (down from JP¥174 profit in FY 2022). Revenue: JP¥5.46b (down 8.5% from FY 2022). Net loss: JP¥64.0m (down 104% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 11
Full year 2023 earnings released: JP¥7.29 loss per share (vs JP¥174 profit in FY 2022) Full year 2023 results: JP¥7.29 loss per share (down from JP¥174 profit in FY 2022). Revenue: JP¥5.46b (down 8.5% from FY 2022). Net loss: JP¥64.0m (down 104% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jan 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 January 2023. Payment date: 12 April 2023. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.7%). Announcement • Jan 07
Besterra Co., Ltd. to Report Fiscal Year 2023 Results on Mar 10, 2023 Besterra Co., Ltd. announced that they will report fiscal year 2023 results on Mar 10, 2023 Reported Earnings • Dec 10
Third quarter 2023 earnings released: JP¥5.75 loss per share (vs JP¥116 profit in 3Q 2022) Third quarter 2023 results: JP¥5.75 loss per share (down from JP¥116 profit in 3Q 2022). Revenue: JP¥1.33b (flat on 3Q 2022). Net loss: JP¥51.0m (down 105% from profit in 3Q 2022). 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 8% per year, which means it is significantly lagging earnings. Announcement • Oct 16
Besterra Co., Ltd. to Report Q3, 2023 Results on Dec 08, 2022 Besterra Co., Ltd. announced that they will report Q3, 2023 results on Dec 08, 2022 Reported Earnings • Sep 11
Second quarter 2023 earnings released: JP¥6.19 loss per share (vs JP¥10.59 profit in 2Q 2022) Second quarter 2023 results: JP¥6.19 loss per share (down from JP¥10.59 profit in 2Q 2022). Revenue: JP¥852.0m (down 16% from 2Q 2022). Net loss: JP¥54.0m (down 161% from profit in 2Q 2022). 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 3% per year, which means it is significantly lagging earnings. Announcement • Sep 10
Besterra Co., Ltd. announced that it has received funding from Crassone co., ltd. Besterra Co., Ltd. announced that it has entered into capital agreement with Crassone co., ltd. on September 9, 2022. The transaction has been approved by the board of directors. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 11 October 2022. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.5%). Announcement • Jun 29
Besterra Co., Ltd. to Report Q2, 2023 Results on Sep 09, 2022 Besterra Co., Ltd. announced that they will report Q2, 2023 results on Sep 09, 2022 Reported Earnings • Jun 11
First quarter 2023 earnings released: EPS: JP¥13.93 (vs JP¥16.02 in 1Q 2022) First quarter 2023 results: EPS: JP¥13.93 (down from JP¥16.02 in 1Q 2022). Revenue: JP¥1.68b (up 28% from 1Q 2022). Net income: JP¥121.0m (down 8.3% from 1Q 2022). Profit margin: 7.2% (down from 10.0% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent 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. 6 highly experienced directors. No independent directors (6 non-independent directors). External Auditor (Part-Time) Shujiro Amanuma was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 07
Besterra Co., Ltd., Annual General Meeting, Apr 27, 2022 Besterra Co., Ltd., Annual General Meeting, Apr 27, 2022. Reported Earnings • Mar 13
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: JP¥174 (up from JP¥17.26 in FY 2021). Revenue: JP¥5.97b (up 62% from FY 2021). Net income: JP¥1.47b (up JP¥1.33b from FY 2021). Profit margin: 25% (up from 3.9% in FY 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jan 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 January 2022. Payment date: 23 April 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (3.3%). Reported Earnings • Dec 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥116 (up from JP¥13.86 in 3Q 2021). Revenue: JP¥1.32b (up 40% from 3Q 2021). Net income: JP¥982.0m (up JP¥868.0m from 3Q 2021). Profit margin: 74% (up from 12% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 12
Second quarter 2022 earnings released: EPS JP¥10.59 (vs JP¥0.12 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥1.02b (up 38% from 2Q 2021). Net income: JP¥88.0m (up JP¥87.0m from 2Q 2021). Profit margin: 8.7% (up from 0.1% in 2Q 2021). The increase in margin was driven by higher revenue. Upcoming Dividend • Jul 22
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 12 October 2021. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.0%). Lower than average of industry peers (3.0%). Reported Earnings • Jun 11
First quarter 2022 earnings released: EPS JP¥16.02 (vs JP¥0.61 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.32b (up 46% from 1Q 2021). Net income: JP¥132.0m (up JP¥127.0m from 1Q 2021). Profit margin: 10.0% (up from 0.6% in 1Q 2021). The increase in margin was driven by higher revenue. Announcement • Mar 14
Besterra Co., Ltd., Annual General Meeting, Apr 22, 2021 Besterra Co., Ltd., Annual General Meeting, Apr 22, 2021. Reported Earnings • Mar 14
Full year 2021 earnings released: EPS JP¥17.26 (vs JP¥7.17 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥3.68b (up 7.2% from FY 2020). Net income: JP¥142.0m (up 141% from FY 2020). Profit margin: 3.9% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Announcement • Jan 28
Besterra Co., Ltd. to Report Fiscal Year 2021 Results on Mar 12, 2021 Besterra Co., Ltd. announced that they will report fiscal year 2021 results on Mar 12, 2021 Is New 90 Day High Low • Jan 20
New 90-day high: JP¥1,905 The company is up 21% from its price of JP¥1,574 on 22 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: JP¥1,708 The company is up 36% from its price of JP¥1,260 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 4.0% over the same period. Reported Earnings • Dec 12
Third quarter 2021 earnings released: EPS JP¥13.86 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥946.0m (up 29% from 3Q 2020). Net income: JP¥114.0m (up JP¥124.0m from 3Q 2020). Profit margin: 12% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Announcement • Jul 26
Besterra Co., Ltd. to Report Q2, 2021 Results on Sep 09, 2020 Besterra Co., Ltd. announced that they will report Q2, 2021 results on Sep 09, 2020