Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥314, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥321, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 15% over the past three years. Announcement • Jun 03
YKT Corporation to Report Q2, 2026 Results on Aug 07, 2026 YKT Corporation announced that they will report Q2, 2026 results on Aug 07, 2026 Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥340, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 11x in the Trade Distributors industry in Japan. Total returns to shareholders of 23% over the past three years. New Risk • May 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 35% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥3.83b market cap, or US$24.4m). Reported Earnings • May 09
First quarter 2026 earnings released: EPS: JP¥16.54 (vs JP¥10.94 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥16.54 (up from JP¥10.94 loss in 1Q 2025). Revenue: JP¥5.59b (up 172% from 1Q 2025). Net income: JP¥192.0m (up JP¥319.0m from 1Q 2025). Profit margin: 3.4% (up from net loss in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • May 08
YKT Corporation to Report Q1, 2026 Results on May 08, 2026 YKT Corporation announced that they will report Q1, 2026 results on May 08, 2026 Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥4.74 (vs JP¥0.086 loss in FY 2024) Full year 2025 results: EPS: JP¥4.74 (up from JP¥0.086 loss in FY 2024). Revenue: JP¥13.4b (up 12% from FY 2024). Net income: JP¥55.0m (up JP¥56.0m from FY 2024). Profit margin: 0.4% (up from 0% in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Announcement • Feb 13
YKT Corporation, Annual General Meeting, Mar 25, 2026 YKT Corporation, Annual General Meeting, Mar 25, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.2%). Announcement • Dec 03
YKT Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026 YKT Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026 Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: JP¥21.45 (vs JP¥7.41 in 3Q 2024) Third quarter 2025 results: EPS: JP¥21.45 (up from JP¥7.41 in 3Q 2024). Revenue: JP¥4.02b (up 21% from 3Q 2024). Net income: JP¥249.0m (up 190% from 3Q 2024). Profit margin: 6.2% (up from 2.6% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. New Risk • Sep 21
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 5.0% 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (JP¥2.91b market cap, or US$19.7m). Announcement • Sep 01
YKT Corporation to Report Q3, 2025 Results on Nov 13, 2025 YKT Corporation announced that they will report Q3, 2025 results on Nov 13, 2025 Reported Earnings • Aug 02
Second quarter 2025 earnings released: JP¥8.70 loss per share (vs JP¥5.69 profit in 2Q 2024) Second quarter 2025 results: JP¥8.70 loss per share (down from JP¥5.69 profit in 2Q 2024). Revenue: JP¥2.25b (down 37% from 2Q 2024). Net loss: JP¥101.0m (down 253% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Jun 03
YKT Corporation to Report Q2, 2025 Results on Aug 08, 2025 YKT Corporation announced that they will report Q2, 2025 results on Aug 08, 2025 Reported Earnings • May 11
First quarter 2025 earnings released: JP¥10.94 loss per share (vs JP¥11.11 loss in 1Q 2024) First quarter 2025 results: JP¥10.94 loss per share (improved from JP¥11.11 loss in 1Q 2024). Revenue: JP¥2.05b (up 39% from 1Q 2024). Net loss: JP¥127.0m (loss narrowed 1.6% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Mar 01
YKT Corporation to Report Q1, 2025 Results on May 09, 2025 YKT Corporation announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Feb 15
Full year 2024 earnings released: JP¥0.086 loss per share (vs JP¥26.19 profit in FY 2023) Full year 2024 results: JP¥0.086 loss per share (down from JP¥26.19 profit in FY 2023). Revenue: JP¥11.9b (down 7.4% from FY 2023). Net loss: JP¥1.00m (down 100% from profit in FY 2023). Profit margin: 0% (down from 2.4% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 13
YKT Corporation, Annual General Meeting, Mar 26, 2025 YKT Corporation, Annual General Meeting, Mar 26, 2025. New Risk • Jan 09
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 5.0% 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 Risk Earnings have declined by 1.8% 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 (5.0% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (JP¥3.08b market cap, or US$19.4m). Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥259, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 2.5% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 74% 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%). Announcement • Dec 03
YKT Corporation to Report Fiscal Year 2024 Results on Feb 13, 2025 YKT Corporation announced that they will report fiscal year 2024 results on Feb 13, 2025 New Risk • Nov 10
New major risk - Revenue and earnings growth Earnings have declined by 1.8% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (JP¥2.61b market cap, or US$17.1m). Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: JP¥7.41 (vs JP¥2.33 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥7.41 (up from JP¥2.33 loss in 3Q 2023). Revenue: JP¥3.31b (up 40% from 3Q 2023). Net income: JP¥86.0m (up JP¥113.0m from 3Q 2023). Profit margin: 2.6% (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 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. New Risk • Sep 24
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 8.3% 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 Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (JP¥2.60b market cap, or US$18.1m). Announcement • Aug 29
YKT Corporation to Report Q3, 2024 Results on Nov 08, 2024 YKT Corporation announced that they will report Q3, 2024 results on Nov 08, 2024 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 7.1% 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: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (JP¥2.17b market cap, or US$15.2m). Announcement • Jun 02
YKT Corporation to Report Q2, 2024 Results on Aug 02, 2024 YKT Corporation announced that they will report Q2, 2024 results on Aug 02, 2024 Reported Earnings • May 04
First quarter 2024 earnings released: JP¥11.11 loss per share (vs JP¥16.37 profit in 1Q 2023) First quarter 2024 results: JP¥11.11 loss per share (down from JP¥16.37 profit in 1Q 2023). Revenue: JP¥1.48b (down 61% from 1Q 2023). Net loss: JP¥129.0m (down 168% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: JP¥26.19 (vs JP¥73.65 in FY 2022) Full year 2023 results: EPS: JP¥26.19 (down from JP¥73.65 in FY 2022). Revenue: JP¥12.9b (down 42% from FY 2022). Net income: JP¥304.0m (down 64% from FY 2022). Profit margin: 2.4% (down from 3.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 24
YKT Corporation to Report Q1, 2024 Results on May 02, 2024 YKT Corporation announced that they will report Q1, 2024 results on May 02, 2024 Announcement • Feb 15
YKT Corporation, Annual General Meeting, Mar 26, 2024 YKT Corporation, Annual General Meeting, Mar 26, 2024. Reported Earnings • Feb 14
Full year 2023 earnings released: EPS: JP¥26.19 (vs JP¥73.65 in FY 2022) Full year 2023 results: EPS: JP¥26.19 (down from JP¥73.65 in FY 2022). Revenue: JP¥12.9b (down 42% from FY 2022). Net income: JP¥304.0m (down 64% from FY 2022). Profit margin: 2.4% (down from 3.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥10.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 28 March 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.9%). Announcement • Dec 08
YKT Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024 YKT Corporation announced that they will report fiscal year 2023 results on Feb 14, 2024 New Risk • Nov 04
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: 2.7% Last year net profit margin: 4.0% 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: Minor Risks Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (JP¥3.30b market cap, or US$22.1m). Announcement • Sep 02
YKT Corporation to Report Q3, 2023 Results on Nov 02, 2023 YKT Corporation announced that they will report Q3, 2023 results on Nov 02, 2023 Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: JP¥7.41 (vs JP¥16.37 in 2Q 2022) Second quarter 2023 results: EPS: JP¥7.41 (down from JP¥16.37 in 2Q 2022). Revenue: JP¥4.06b (down 29% from 2Q 2022). Net income: JP¥86.0m (down 55% from 2Q 2022). Profit margin: 2.1% (down from 3.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 28
YKT Corporation to Report Q2, 2023 Results on Aug 04, 2023 YKT Corporation announced that they will report Q2, 2023 results on Aug 04, 2023 Reported Earnings • May 09
First quarter 2023 earnings released: EPS: JP¥16.37 (vs JP¥16.02 in 1Q 2022) First quarter 2023 results: EPS: JP¥16.37 (up from JP¥16.02 in 1Q 2022). Revenue: JP¥3.77b (down 1.4% from 1Q 2022). Net income: JP¥190.0m (up 2.2% from 1Q 2022). Profit margin: 5.0% (up from 4.9% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: JP¥73.65 (vs JP¥37.56 in FY 2021) Full year 2022 results: EPS: JP¥73.65 (up from JP¥37.56 in FY 2021). Revenue: JP¥22.1b (up 41% from FY 2021). Net income: JP¥855.0m (up 96% from FY 2021). Profit margin: 3.9% (up from 2.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Feb 15
YKT Corporation, Annual General Meeting, Mar 27, 2023 YKT Corporation, Annual General Meeting, Mar 27, 2023. Reported Earnings • Feb 15
Full year 2022 earnings released: EPS: JP¥73.65 (vs JP¥37.56 in FY 2021) Full year 2022 results: EPS: JP¥73.65 (up from JP¥37.56 in FY 2021). Revenue: JP¥22.1b (up 41% from FY 2021). Net income: JP¥855.0m (up 96% from FY 2021). Profit margin: 3.9% (up from 2.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 29 March 2023. Payout ratio is a comfortable 7.2% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.7%). Announcement • Dec 06
YKT Corporation to Report Fiscal Year 2022 Results on Feb 13, 2023 YKT Corporation announced that they will report fiscal year 2022 results on Feb 13, 2023 Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: JP¥23.77 (vs JP¥19.81 in 3Q 2021) Third quarter 2022 results: EPS: JP¥23.77 (up from JP¥19.81 in 3Q 2021). Revenue: JP¥5.95b (up 16% from 3Q 2021). Net income: JP¥276.0m (up 20% from 3Q 2021). Profit margin: 4.6% (up from 4.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Auditor Tsutomu Watanabe was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Third quarter 2022 earnings released: EPS: JP¥23.77 (vs JP¥19.81 in 3Q 2021) Third quarter 2022 results: EPS: JP¥23.77 (up from JP¥19.81 in 3Q 2021). Revenue: JP¥5.95b (up 16% from 3Q 2021). Net income: JP¥276.0m (up 20% from 3Q 2021). Profit margin: 4.6% (up from 4.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 28
YKT Corporation to Report Q3, 2022 Results on Nov 04, 2022 YKT Corporation announced that they will report Q3, 2022 results on Nov 04, 2022 Reported Earnings • Aug 07
Second quarter 2022 earnings released: EPS: JP¥16.37 (vs JP¥7.41 in 2Q 2021) Second quarter 2022 results: EPS: JP¥16.37 (up from JP¥7.41 in 2Q 2021). Revenue: JP¥5.75b (up 67% from 2Q 2021). Net income: JP¥190.0m (up 121% from 2Q 2021). Profit margin: 3.3% (up from 2.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 29
YKT Corporation to Report Q2, 2022 Results on Aug 05, 2022 YKT Corporation announced that they will report Q2, 2022 results on Aug 05, 2022 Reported Earnings • May 11
First quarter 2022 earnings released: EPS: JP¥16.02 (vs JP¥2.50 loss in 1Q 2021) First quarter 2022 results: EPS: JP¥16.02 (up from JP¥2.50 loss in 1Q 2021). Revenue: JP¥3.82b (up 57% from 1Q 2021). Net income: JP¥186.0m (up JP¥215.0m from 1Q 2021). Profit margin: 4.9% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% 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. 5 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). GM of Management Division & Auditor Eiji Maeda was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: JP¥37.56 (vs JP¥26.66 in FY 2020) Full year 2021 results: EPS: JP¥37.56 (up from JP¥26.66 in FY 2020). Revenue: JP¥15.7b (up 33% from FY 2020). Net income: JP¥436.0m (up 39% from FY 2020). Profit margin: 2.8% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Feb 27
YKT Corporation to Report Q1, 2022 Results on May 06, 2022 YKT Corporation announced that they will report Q1, 2022 results on May 06, 2022 Announcement • Feb 12
YKT Corporation, Annual General Meeting, Mar 28, 2022 YKT Corporation, Annual General Meeting, Mar 28, 2022. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥37.56 (up from JP¥26.66 in FY 2020). Revenue: JP¥15.7b (up 33% from FY 2020). Net income: JP¥436.0m (up 39% from FY 2020). Profit margin: 2.8% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 March 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.7%). Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS JP¥19.81 (vs JP¥12.46 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.11b (up 45% from 3Q 2020). Net income: JP¥230.0m (up 59% from 3Q 2020). Profit margin: 4.5% (up from 4.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS JP¥7.41 (vs JP¥2.12 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥3.44b (up 48% from 2Q 2020). Net income: JP¥86.0m (up 244% from 2Q 2020). Profit margin: 2.5% (up from 1.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • May 09
First quarter 2021 earnings released: JP¥2.50 loss per share (vs JP¥1.77 profit in 1Q 2020) The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: JP¥2.43b (up 16% from 1Q 2020). Net loss: JP¥29.0m (down 238% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS JP¥26.66 (vs JP¥37.75 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥11.8b (up 1.4% from FY 2019). Net income: JP¥313.0m (down 30% from FY 2019). Profit margin: 2.7% (down from 3.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Feb 28
YKT Corporation to Report Q1, 2021 Results on May 07, 2021 YKT Corporation announced that they will report Q1, 2021 results on May 07, 2021 Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥26.66 (vs JP¥37.75 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: JP¥11.8b (up 1.4% from FY 2019). Net income: JP¥313.0m (down 30% from FY 2019). Profit margin: 2.7% (down from 3.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Feb 12
YKT Corporation, Annual General Meeting, Mar 25, 2021 YKT Corporation, Annual General Meeting, Mar 25, 2021. Is New 90 Day High Low • Feb 08
New 90-day high: JP¥326 The company is up 7.0% from its price of JP¥304 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 13% over the same period. Announcement • Dec 04
YKT Corporation to Report Fiscal Year 2020 Results on Feb 10, 2021 YKT Corporation announced that they will report fiscal year 2020 results on Feb 10, 2021 Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS JP¥12.46 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: JP¥3.52b (up 7.1% from 3Q 2019). Net income: JP¥145.0m (up 20% from 3Q 2019). Profit margin: 4.1% (up from 3.7% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Sep 28
New 90-day high: JP¥310 The company is up 1.0% from its price of JP¥306 on 30 June 2020. The Japanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 15% over the same period. Announcement • Aug 30
YKT Corporation to Report Q3, 2020 Results on Nov 06, 2020 YKT Corporation announced that they will report Q3, 2020 results on Nov 06, 2020 Announcement • Jun 17
YKT Corporation to Report Q2, 2020 Results on Jul 31, 2020 YKT Corporation announced that they will report Q2, 2020 results on Jul 31, 2020