Announcement • May 22
ASULINA Co.,Ltd. to Report Q3, 2026 Results on Jul 14, 2026 ASULINA Co.,Ltd. announced that they will report Q3, 2026 results on Jul 14, 2026 New Risk • Apr 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 30% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (JP¥576m revenue, or US$3.6m). Market cap is less than US$100m (JP¥2.86b market cap, or US$18.0m). Reported Earnings • Apr 11
Second quarter 2026 earnings released: JP¥4.76 loss per share (vs JP¥4.14 loss in 2Q 2025) Second quarter 2026 results: JP¥4.76 loss per share (further deteriorated from JP¥4.14 loss in 2Q 2025). Revenue: JP¥19.0m (down 44% from 2Q 2025). Net loss: JP¥97.0m (loss widened 28% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 8% per year. Announcement • Apr 03
ASULINA Co.,Ltd. to Report Q2, 2026 Results on Apr 10, 2026 ASULINA Co.,Ltd. announced that they will report Q2, 2026 results on Apr 10, 2026 New Risk • Feb 12
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 12% 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 (12% average weekly change). Earnings have declined by 43% per year over the past 5 years. Minor Risks Revenue is less than US$5m (JP¥591m revenue, or US$3.9m). Market cap is less than US$100m (JP¥3.92b market cap, or US$25.5m). Reported Earnings • Jan 14
First quarter 2026 earnings released: JP¥5.28 loss per share (vs JP¥5.29 loss in 1Q 2025) First quarter 2026 results: JP¥5.28 loss per share (improved from JP¥5.29 loss in 1Q 2025). Revenue: JP¥17.0m (down 47% from 1Q 2025). Net loss: JP¥97.0m (flat on 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 30% 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. Board Change • Dec 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Outside Independent Director Yoshitaka Kono was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 01
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. 5 experienced directors. 1 highly experienced director. Director Kaori Matsuda was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 27
G Three Holdings Corporation to Report Q1, 2026 Results on Jan 13, 2026 G Three Holdings Corporation announced that they will report Q1, 2026 results on Jan 13, 2026 Announcement • Nov 15
G Three Holdings Corporation announced that it has received ¥6.64 million in funding On November 14, 2025. G Three Holdings Corporation announced that it has closed the transaction. Announcement • Oct 29
G Three Holdings Corporation announced that it expects to receive ¥6.64 million in funding G Three Holdings Corporation announces 40,000 units (100 shares per stock acquisition right) at a price of ¥166 for gross proceeds of ¥6,640,000 on October 29, 2025. Expected closing date of the offering is November 14, 2025. Reported Earnings • Oct 15
Full year 2025 earnings released: JP¥17.17 loss per share (vs JP¥42.20 loss in FY 2024) Full year 2025 results: JP¥17.17 loss per share (improved from JP¥42.20 loss in FY 2024). Revenue: JP¥606.0m (up 134% from FY 2024). Net loss: JP¥315.0m (loss narrowed 57% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Oct 14
G Three Holdings Corporation, Annual General Meeting, Nov 25, 2025 G Three Holdings Corporation, Annual General Meeting, Nov 25, 2025. Announcement • Sep 04
G Three Holdings Corporation to Report Fiscal Year 2025 Results on Oct 14, 2025 G Three Holdings Corporation announced that they will report fiscal year 2025 results on Oct 14, 2025 Reported Earnings • Jul 14
Third quarter 2025 earnings released: JP¥2.89 loss per share (vs JP¥5.57 loss in 3Q 2024) Third quarter 2025 results: JP¥2.89 loss per share (improved from JP¥5.57 loss in 3Q 2024). Revenue: JP¥501.0m (up JP¥461.0m from 3Q 2024). Net loss: JP¥53.0m (loss narrowed 48% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • May 21
G Three Holdings Corporation to Report Q3, 2025 Results on Jul 11, 2025 G Three Holdings Corporation announced that they will report Q3, 2025 results on Jul 11, 2025 New Risk • Apr 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -JP¥163m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-JP¥163m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risks Revenue is less than US$5m (JP¥202m revenue, or US$1.4m). Market cap is less than US$100m (JP¥2.15b market cap, or US$15.0m). Reported Earnings • Apr 12
Second quarter 2025 earnings released: JP¥4.14 loss per share (vs JP¥6.59 loss in 2Q 2024) Second quarter 2025 results: JP¥4.14 loss per share (improved from JP¥6.59 loss in 2Q 2024). Revenue: JP¥34.0m (up 21% from 2Q 2024). Net loss: JP¥76.0m (loss narrowed 32% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Feb 26
G Three Holdings Corporation to Report Q2, 2025 Results on Apr 11, 2025 G Three Holdings Corporation announced that they will report Q2, 2025 results on Apr 11, 2025 Reported Earnings • Jan 15
First quarter 2025 earnings released: JP¥5.29 loss per share (vs JP¥3.86 loss in 1Q 2024) First quarter 2025 results: JP¥5.29 loss per share (further deteriorated from JP¥3.86 loss in 1Q 2024). Revenue: JP¥32.0m (down 66% from 1Q 2024). Net loss: JP¥97.0m (loss widened 49% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year whereas the company’s share price has fallen by 28% per year. Reported Earnings • Dec 05
Full year 2024 earnings released: JP¥42.20 loss per share (vs JP¥28.97 loss in FY 2023) Full year 2024 results: JP¥42.20 loss per share (further deteriorated from JP¥28.97 loss in FY 2023). Revenue: JP¥259.0m (down 78% from FY 2023). Net loss: JP¥742.0m (loss widened 52% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Announcement • Nov 26
G Three Holdings Corporation to Report Q1, 2025 Results on Jan 10, 2025 G Three Holdings Corporation announced that they will report Q1, 2025 results on Jan 10, 2025 Reported Earnings • Oct 16
Full year 2024 earnings released: JP¥42.20 loss per share (vs JP¥28.97 loss in FY 2023) Full year 2024 results: JP¥42.20 loss per share (further deteriorated from JP¥28.97 loss in FY 2023). Revenue: JP¥259.0m (down 78% from FY 2023). Net loss: JP¥742.0m (loss widened 52% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year whereas the company’s share price has fallen by 36% per year. Announcement • Oct 11
G Three Holdings Corporation, Annual General Meeting, Nov 26, 2024 G Three Holdings Corporation, Annual General Meeting, Nov 26, 2024. Announcement • Aug 20
G Three Holdings Corporation to Report Fiscal Year 2024 Results on Oct 11, 2024 G Three Holdings Corporation announced that they will report fiscal year 2024 results on Oct 11, 2024 New Risk • Jul 26
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 7.8% 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 (7.8% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Revenue is less than US$5m (JP¥267m revenue, or US$1.7m). Market cap is less than US$100m (JP¥2.49b market cap, or US$16.1m). Reported Earnings • Jul 16
Third quarter 2024 earnings released: JP¥5.57 loss per share (vs JP¥2.38 loss in 3Q 2023) Third quarter 2024 results: JP¥5.57 loss per share (further deteriorated from JP¥2.38 loss in 3Q 2023). Revenue: JP¥40.0m (down 58% from 3Q 2023). Net loss: JP¥102.0m (loss widened 155% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 42% per year, which means it has not declined as severely as earnings. Announcement • May 24
G Three Holdings Corporation to Report Q3, 2024 Results on Jul 12, 2024 G Three Holdings Corporation announced that they will report Q3, 2024 results on Jul 12, 2024 Reported Earnings • Apr 14
Second quarter 2024 earnings released: JP¥6.59 loss per share (vs JP¥3.80 loss in 2Q 2023) Second quarter 2024 results: JP¥6.59 loss per share (further deteriorated from JP¥3.80 loss in 2Q 2023). Revenue: JP¥28.0m (down 73% from 2Q 2023). Net loss: JP¥111.0m (loss widened 73% from 2Q 2023). 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 18% per year, which means it has not declined as severely as earnings. New Risk • Mar 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.7% 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: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (8.7% increase in shares outstanding). Revenue is less than US$5m (JP¥399m revenue, or US$2.6m). Market cap is less than US$100m (JP¥2.25b market cap, or US$14.9m). Announcement • Feb 24
G Three Holdings Corporation to Report Q2, 2024 Results on Apr 12, 2024 G Three Holdings Corporation announced that they will report Q2, 2024 results on Apr 12, 2024 Reported Earnings • Jan 15
First quarter 2024 earnings released: JP¥3.86 loss per share (vs JP¥3.92 loss in 1Q 2023) First quarter 2024 results: JP¥3.86 loss per share (improved from JP¥3.92 loss in 1Q 2023). Revenue: JP¥95.0m (down 89% from 1Q 2023). Net loss: JP¥65.0m (loss narrowed 1.5% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Dec 01
G Three Holdings Corporation to Report Q1, 2024 Results on Jan 12, 2024 G Three Holdings Corporation announced that they will report Q1, 2024 results on Jan 12, 2024 Announcement • Oct 15
G Three Holdings Corporation, Annual General Meeting, Nov 27, 2023 G Three Holdings Corporation, Annual General Meeting, Nov 27, 2023. Reported Earnings • Oct 15
Full year 2023 earnings released: JP¥28.97 loss per share (vs JP¥26.83 loss in FY 2022) Full year 2023 results: JP¥28.97 loss per share (further deteriorated from JP¥26.83 loss in FY 2022). Revenue: JP¥1.19b (down 38% from FY 2022). Net loss: JP¥488.0m (loss widened 8.0% from FY 2022). 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 • Sep 02
G Three Holdings Corporation to Report Fiscal Year 2023 Results on Oct 13, 2023 G Three Holdings Corporation announced that they will report fiscal year 2023 results on Oct 13, 2023 Reported Earnings • Jul 17
Third quarter 2023 earnings released: JP¥2.38 loss per share (vs JP¥0.42 profit in 3Q 2022) Third quarter 2023 results: JP¥2.38 loss per share (down from JP¥0.42 profit in 3Q 2022). Revenue: JP¥96.0m (down 50% from 3Q 2022). Net loss: JP¥40.0m (down JP¥47.0m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • May 31
G Three Holdings Corporation to Report Q3, 2023 Results on Jul 14, 2023 G Three Holdings Corporation announced that they will report Q3, 2023 results on Jul 14, 2023 Reported Earnings • Apr 16
Second quarter 2023 earnings released: JP¥3.80 loss per share (vs JP¥0.24 profit in 2Q 2022) Second quarter 2023 results: JP¥3.80 loss per share (down from JP¥0.24 profit in 2Q 2022). Revenue: JP¥104.0m (down 79% from 2Q 2022). Net loss: JP¥64.0m (down JP¥68.0m from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Announcement • Feb 12
G Three Holdings Corporation to Report Q2, 2023 Results on Apr 14, 2023 G Three Holdings Corporation announced that they will report Q2, 2023 results on Apr 14, 2023 Reported Earnings • Jan 14
First quarter 2023 earnings released: JP¥3.92 loss per share (vs JP¥29.98 loss in 1Q 2022) First quarter 2023 results: JP¥3.92 loss per share (improved from JP¥29.98 loss in 1Q 2022). Revenue: JP¥883.0m (up 112% from 1Q 2022). Net loss: JP¥66.0m (loss narrowed 87% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 04
Full year 2022 earnings released: JP¥26.83 loss per share (vs JP¥2.08 profit in FY 2021) Full year 2022 results: JP¥26.83 loss per share (down from JP¥2.08 profit in FY 2021). Revenue: JP¥1.93b (down 42% from FY 2021). Net loss: JP¥452.0m (down JP¥487.0m from profit in FY 2021). 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 • Nov 17
G Three Holdings Corporation to Report Q1, 2023 Results on Jan 13, 2023 G Three Holdings Corporation announced that they will report Q1, 2023 results on Jan 13, 2023 Board Change • Nov 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Ryu Matsumoto is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Oct 19
An unknown buyer acquired 14.68% stake in G Three Holdings Corporation (TSE:3647) from Eco Capital GK. An unknown buyer acquired 14.68% stake in G Three Holdings Corporation (TSE:3647) from Eco Capital GK on October 7, 2022.
An unknown buyer completed the acquisition of 14.68% stake in G Three Holdings Corporation (TSE:3647) from Eco Capital GK on October 7, 2022. Reported Earnings • Oct 17
Full year 2022 earnings released: JP¥26.83 loss per share (vs JP¥2.08 profit in FY 2021) Full year 2022 results: JP¥26.83 loss per share (down from JP¥2.08 profit in FY 2021). Revenue: JP¥1.93b (down 42% from FY 2021). Net loss: JP¥452.0m (down JP¥487.0m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Announcement • Oct 16
G Three Holdings Corporation, Annual General Meeting, Nov 25, 2022 G Three Holdings Corporation, Annual General Meeting, Nov 25, 2022. Agenda: Annual General Meeting. Announcement • Aug 18
G Three Holdings Corporation to Report Fiscal Year 2022 Results on Oct 14, 2022 G Three Holdings Corporation announced that they will report fiscal year 2022 results on Oct 14, 2022 Reported Earnings • Jul 17
Third quarter 2022 earnings released: EPS: JP¥0.42 (vs JP¥13.65 in 3Q 2021) Third quarter 2022 results: EPS: JP¥0.42 (down from JP¥13.65 in 3Q 2021). Revenue: JP¥193.0m (down 90% from 3Q 2021). Net income: JP¥7.00m (down 97% from 3Q 2021). Profit margin: 3.6% (down from 12% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Announcement • May 02
G Three Holdings Corporation to Report Q3, 2022 Results on Jul 15, 2022 G Three Holdings Corporation announced that they will report Q3, 2022 results on Jul 15, 2022 Board Change • Apr 27
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Ryu Matsumoto is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 15
Second quarter 2022 earnings released: EPS: JP¥0.24 (vs JP¥4.39 loss in 2Q 2021) Second quarter 2022 results: EPS: JP¥0.24 (up from JP¥4.39 loss in 2Q 2021). Revenue: JP¥496.0m (up JP¥472.0m from 2Q 2021). Net income: JP¥4.00m (up JP¥78.0m from 2Q 2021). Profit margin: 0.8% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Apr 08
G Three Holdings Corporation to Report Q2, 2022 Results on Apr 14, 2022 G Three Holdings Corporation announced that they will report Q2, 2022 results on Apr 14, 2022 Reported Earnings • Mar 02
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: JP¥29.98 loss per share (down from JP¥5.34 loss in 1Q 2021). Revenue: JP¥417.0m (up 71% from 1Q 2021). Net loss: JP¥505.0m (loss widened 461% from 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Oct 16
Full year 2021 earnings released: EPS JP¥5.10 (vs JP¥7.87 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥3.31b (down 28% from FY 2020). Net income: JP¥86.0m (down 31% from FY 2020). Profit margin: 2.6% (down from 2.7% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥524, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 10x in the Trade Distributors industry in Japan. Total returns to shareholders of 8.1% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥530, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 12x in the Trade Distributors industry in Japan. Total returns to shareholders of 5.4% over the past three years. Reported Earnings • Jul 18
Third quarter 2021 earnings released: EPS JP¥13.77 (vs JP¥1.30 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥2.01b (up 363% from 3Q 2020). Net income: JP¥232.0m (up JP¥254.0m from 3Q 2020). Profit margin: 12% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 17
Second quarter 2021 earnings released: JP¥4.63 loss per share (vs JP¥0.40 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: JP¥24.0m (down 94% from 2Q 2020). Net loss: JP¥78.0m (down JP¥84.0m from profit in 2Q 2020). 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 29% per year, which means it has not declined as severely as earnings. Announcement • Feb 28
G Three Holdings Corporation to Report Q2, 2021 Results on Apr 14, 2021 G Three Holdings Corporation announced that they will report Q2, 2021 results on Apr 14, 2021 Announcement • Feb 18
G Three Holdings Corporation (TSE:3647) agreed to acquire a solar power plant in Mie Prefecture. G Three Holdings Corporation (TSE:3647) agreed to acquire a solar power plant in Mie Prefecture on February 17, 2021. The transaction was approved by the Board of Directors of G Three Holdings Corporation. The deal is expected to close on February 26, 2021. Reported Earnings • Jan 15
First quarter 2021 earnings released: JP¥5.34 loss per share The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: JP¥244.0m (down 6.9% from 1Q 2020). Net loss: JP¥90.0m (loss narrowed 24% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 04
New 90-day high: JP¥250 The company is up 23% from its price of JP¥203 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 27% share price gain to JP¥250, the stock is trading at a trailing P/E ratio of 31.8x, up from the previous P/E ratio of 25x. This compares to an average P/E of 12x in the Trade Distributors industry in Japan. Total return to shareholders over the past three years is a loss of 64%. Reported Earnings • Dec 04
Full year 2020 earnings released: EPS JP¥7.87 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥4.57b (down 5.9% from FY 2019). Net income: JP¥124.0m (down 53% from FY 2019). Profit margin: 2.7% (down from 5.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 34% per year. Announcement • Sep 09
An undisclosed buyer cancelled the acquisition of Four Solar Power Plants from G Three Holdings Corporation (TSE:3647). An undisclosed buyer signed an agreement to acquire Four Solar Power Plants from G Three Holdings Corporation (TSE:3647) for ¥3.4 billion on August 22, 2019. The transaction is expected to be completed on August 30, 2019.
An undisclosed buyer cancelled the acquisition of Four Solar Power Plants from G Three Holdings Corporation (TSE:3647) on August 22, 2020.