New Risk • May 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.4% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risks High level of debt (56% net debt to equity). Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (JP¥7.54b market cap, or US$47.4m). Announcement • May 10
UPR Corporation to Report Q3, 2026 Results on Jul 15, 2026 UPR Corporation announced that they will report Q3, 2026 results on Jul 15, 2026 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,040, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Trade Distributors industry in Japan. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥530 per share. Reported Earnings • Apr 16
Second quarter 2026 earnings released: EPS: JP¥35.90 (vs JP¥16.71 in 2Q 2025) Second quarter 2026 results: EPS: JP¥35.90 (up from JP¥16.71 in 2Q 2025). Revenue: JP¥3.73b (flat on 2Q 2025). Net income: JP¥275.0m (up 115% from 2Q 2025). Profit margin: 7.4% (up from 3.4% in 2Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Apr 07
UPR Corporation to Report Q2, 2026 Results on Apr 14, 2026 UPR Corporation announced that they will report Q2, 2026 results on Apr 14, 2026 Major Estimate Revision • Jan 24
Consensus EPS estimates increase by 90% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate increased from JP¥39.20 to JP¥74.45. Revenue forecast steady at JP¥15.6b. Net income forecast to grow 5.1% next year vs 6.3% growth forecast for Trade Distributors industry in Japan. Consensus price target of JP¥750 unchanged from last update. Share price rose 14% to JP¥1,095 over the past week. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,132, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 13x in the Trade Distributors industry in Japan. Total loss to shareholders of 31% over the past three years. New Risk • Jan 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 5.5% 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 are forecast to decline by an average of 9.7% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥8.21b market cap, or US$52.0m). New Risk • Jan 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 9.7% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.7% per year for the foreseeable future. Minor Risks High level of debt (60% net debt to equity). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥7.16b market cap, or US$45.2m). Reported Earnings • Jan 15
First quarter 2026 earnings released: EPS: JP¥31.20 (vs JP¥1.96 in 1Q 2025) First quarter 2026 results: EPS: JP¥31.20 (up from JP¥1.96 in 1Q 2025). Revenue: JP¥3.90b (up 2.9% from 1Q 2025). Net income: JP¥239.0m (up JP¥224.0m from 1Q 2025). Profit margin: 6.1% (up from 0.4% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 15% per year. Announcement • Nov 06
UPR Corporation to Report Q1, 2026 Results on Jan 14, 2026 UPR Corporation announced that they will report Q1, 2026 results on Jan 14, 2026 Major Estimate Revision • Oct 29
Consensus EPS estimates fall by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥16.1b to JP¥15.6b. EPS estimate also fell from JP¥51.55 per share to JP¥37.90 per share. Net income forecast to shrink 14% next year vs 2.0% growth forecast for Trade Distributors industry in Japan . Consensus price target of JP¥750 unchanged from last update. Share price was steady at JP¥715 over the past week. Reported Earnings • Oct 17
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥43.87 (down from JP¥77.94 in FY 2024). Revenue: JP¥15.4b (flat on FY 2024). Net income: JP¥336.0m (down 44% from FY 2024). Profit margin: 2.2% (down from 3.9% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 15% per year. Announcement • Oct 15
UPR Corporation, Annual General Meeting, Nov 27, 2025 UPR Corporation, Annual General Meeting, Nov 27, 2025. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 11 November 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.1%). Announcement • Aug 07
UPR Corporation to Report Fiscal Year 2025 Results on Oct 15, 2025 UPR Corporation announced that they will report fiscal year 2025 results on Oct 15, 2025 Reported Earnings • Jul 17
Third quarter 2025 earnings released Third quarter 2025 results: Net income: (down JP¥162.0m from profit in 3Q 2024). Major Estimate Revision • May 22
Consensus EPS estimates fall by 27% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥65.30 to JP¥47.65 per share. Revenue forecast steady at JP¥15.5b. Net income forecast to grow 1.5% next year vs 1.5% growth forecast for Trade Distributors industry in Japan. Consensus price target of JP¥925 unchanged from last update. Share price rose 5.4% to JP¥700 over the past week. Announcement • May 03
UPR Corporation to Report Q3, 2025 Results on Jul 15, 2025 UPR Corporation announced that they will report Q3, 2025 results on Jul 15, 2025 Reported Earnings • Apr 15
Second quarter 2025 earnings released: EPS: JP¥16.71 (vs JP¥19.58 in 2Q 2024) Second quarter 2025 results: EPS: JP¥16.71 (down from JP¥19.58 in 2Q 2024). Revenue: JP¥3.71b (down 4.6% from 2Q 2024). Net income: JP¥128.0m (down 15% from 2Q 2024). Profit margin: 3.4% (down from 3.9% in 2Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥674, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total loss to shareholders of 64% over the past three years. Announcement • Feb 05
UPR Corporation to Report Q2, 2025 Results on Apr 14, 2025 UPR Corporation announced that they will report Q2, 2025 results on Apr 14, 2025 New Risk • Jan 15
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: 2.9% Last year net profit margin: 4.9% 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 High level of debt (62% net debt to equity). Dividend is not well covered by cash flows (245% cash payout ratio). Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (JP¥6.06b market cap, or US$38.6m). Reported Earnings • Jan 15
First quarter 2025 earnings released: EPS: JP¥1.96 (vs JP¥21.80 in 1Q 2024) First quarter 2025 results: EPS: JP¥1.96 (down from JP¥21.80 in 1Q 2024). Revenue: JP¥3.79b (down 2.4% from 1Q 2024). Net income: JP¥15.0m (down 91% from 1Q 2024). Profit margin: 0.4% (down from 4.3% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.2% growth forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Major Estimate Revision • Nov 20
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥17.4b to JP¥16.0b. EPS estimate also fell from JP¥114 per share to JP¥92.70 per share. Net income forecast to grow 19% next year vs 8.5% growth forecast for Trade Distributors industry in Japan. Consensus price target down from JP¥1,575 to JP¥1,325. Share price fell 5.7% to JP¥839 over the past week. Announcement • Nov 14
UPR Corporation to Report Q1, 2025 Results on Jan 14, 2025 UPR Corporation announced that they will report Q1, 2025 results on Jan 14, 2025 Reported Earnings • Oct 18
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥77.94 (down from JP¥97.00 in FY 2023). Revenue: JP¥15.5b (up 4.2% from FY 2023). Net income: JP¥597.0m (down 20% from FY 2023). Profit margin: 3.9% (down from 5.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Revenue is forecast to grow 10.0% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Oct 15
UPR Corporation, Annual General Meeting, Nov 26, 2024 UPR Corporation, Annual General Meeting, Nov 26, 2024. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 November 2024. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). Price Target Changed • Aug 07
Price target decreased by 13% to JP¥1,650 Down from JP¥1,900, the current price target is an average from 3 analysts. New target price is 51% above last closing price of JP¥1,095. Stock is down 57% over the past year. The company is forecast to post earnings per share of JP¥81.63 for next year compared to JP¥97.00 last year. Announcement • Aug 06
UPR Corporation to Report Fiscal Year 2024 Results on Oct 15, 2024 UPR Corporation announced that they will report fiscal year 2024 results on Oct 15, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥955, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Trade Distributors industry in Japan. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,480 per share. Buy Or Sell Opportunity • Aug 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥1,181. The fair value is estimated to be JP¥1,498, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 3.2%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 93% in the next 2 years. Major Estimate Revision • Jul 19
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥100 to JP¥85.70 per share. Revenue forecast steady at JP¥15.7b. Net income forecast to grow 51% next year vs 11% growth forecast for Trade Distributors industry in Japan. Consensus price target down from JP¥2,243 to JP¥1,900. Share price rose 3.8% to JP¥1,341 over the past week. Reported Earnings • Jul 16
Third quarter 2024 earnings released: EPS: JP¥21.15 (vs JP¥33.42 in 3Q 2023) Third quarter 2024 results: EPS: JP¥21.15 (down from JP¥33.42 in 3Q 2023). Revenue: JP¥4.03b (up 5.9% from 3Q 2023). Net income: JP¥162.0m (down 37% from 3Q 2023). Profit margin: 4.0% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • May 11
UPR Corporation to Report Q3, 2024 Results on Jul 12, 2024 UPR Corporation announced that they will report Q3, 2024 results on Jul 12, 2024 Buy Or Sell Opportunity • Apr 30
Now 25% overvalued Over the last 90 days, the stock has fallen 14% to JP¥1,458. The fair value is estimated to be JP¥1,165, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 3.2%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 62% in the next 2 years. Buy Or Sell Opportunity • Apr 22
Now 21% overvalued Over the last 90 days, the stock has fallen 27% to JP¥1,346. The fair value is estimated to be JP¥1,108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 3.2%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 68% in the next 2 years. Reported Earnings • Apr 14
Second quarter 2024 earnings released: EPS: JP¥19.58 (vs JP¥25.72 in 2Q 2023) Second quarter 2024 results: EPS: JP¥19.58 (down from JP¥25.72 in 2Q 2023). Revenue: JP¥3.89b (up 5.5% from 2Q 2023). Net income: JP¥150.0m (down 24% from 2Q 2023). Profit margin: 3.9% (down from 5.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Mar 08
Now 21% overvalued Over the last 90 days, the stock has fallen 29% to JP¥1,422. The fair value is estimated to be JP¥1,172, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 50% in the next 2 years. Buy Or Sell Opportunity • Feb 16
Now 25% overvalued Over the last 90 days, the stock has fallen 22% to JP¥1,519. The fair value is estimated to be JP¥1,211, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 50% in the next 2 years. Announcement • Feb 07
UPR Corporation to Report Q2, 2024 Results on Apr 12, 2024 UPR Corporation announced that they will report Q2, 2024 results on Apr 12, 2024 Price Target Changed • Jan 25
Price target decreased by 9.4% to JP¥2,477 Down from JP¥2,733, the current price target is an average from 3 analysts. New target price is 44% above last closing price of JP¥1,720. Stock is down 5.7% over the past year. The company is forecast to post earnings per share of JP¥106 for next year compared to JP¥97.00 last year. New Risk • Jan 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.6b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (62% net debt to equity). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥14.6b market cap, or US$99.7m). Reported Earnings • Jan 15
First quarter 2024 earnings released: EPS: JP¥21.80 (vs JP¥23.24 in 1Q 2023) First quarter 2024 results: EPS: JP¥21.80 (down from JP¥23.24 in 1Q 2023). Revenue: JP¥3.89b (up 3.7% from 1Q 2023). Net income: JP¥167.0m (down 6.2% from 1Q 2023). Profit margin: 4.3% (down from 4.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Announcement • Nov 02
UPR Corporation to Report Q1, 2024 Results on Jan 12, 2024 UPR Corporation announced that they will report Q1, 2024 results on Jan 12, 2024 New Risk • Oct 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.0b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks High level of debt (60% net debt to equity). Market cap is less than US$100m (JP¥15.0b market cap, or US$99.9m). Buying Opportunity • Oct 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be JP¥2,499, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has declined by 7.3%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Reported Earnings • Oct 15
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥97.00 (up from JP¥88.78 in FY 2022). Revenue: JP¥14.8b (up 11% from FY 2022). Net income: JP¥743.0m (up 9.3% from FY 2022). Profit margin: 5.0% (in line with FY 2022). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 8.0%. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Announcement • Oct 15
UPR Corporation, Annual General Meeting, Nov 28, 2023 UPR Corporation, Annual General Meeting, Nov 28, 2023. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥13.00 per share at 0.5% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 09 November 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.0%). Announcement • Aug 03
UPR Corporation to Report Q4, 2023 Results on Oct 13, 2023 UPR Corporation announced that they will report Q4, 2023 results on Oct 13, 2023 Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,547, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 9x in the Trade Distributors industry in Japan. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,167 per share. Reported Earnings • Jul 16
Third quarter 2023 earnings released: EPS: JP¥33.42 (vs JP¥17.23 in 3Q 2022) Third quarter 2023 results: EPS: JP¥33.42 (up from JP¥17.23 in 3Q 2022). Revenue: JP¥3.80b (up 9.0% from 3Q 2022). Net income: JP¥256.0m (up 94% from 3Q 2022). Profit margin: 6.7% (up from 3.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥1,940, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,689 per share. Announcement • May 04
UPR Corporation to Report Q3, 2023 Results on Jul 14, 2023 UPR Corporation announced that they will report Q3, 2023 results on Jul 14, 2023 Price Target Changed • Apr 27
Price target increased by 8.1% to JP¥2,233 Up from JP¥2,067, the current price target is an average from 3 analysts. New target price is 7.3% above last closing price of JP¥2,082. Stock is up 21% over the past year. The company is forecast to post earnings per share of JP¥99.22 for next year compared to JP¥88.78 last year. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,978, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,005 per share. Reported Earnings • Apr 16
Second quarter 2023 earnings released: EPS: JP¥25.72 (vs JP¥16.19 in 2Q 2022) Second quarter 2023 results: EPS: JP¥25.72 (up from JP¥16.19 in 2Q 2022). Revenue: JP¥3.69b (up 18% from 2Q 2022). Net income: JP¥197.0m (up 59% from 2Q 2022). Profit margin: 5.3% (up from 4.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,137, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total returns to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,060 per share. Announcement • Feb 01
UPR Corporation to Report Q2, 2023 Results on Apr 14, 2023 UPR Corporation announced that they will report Q2, 2023 results on Apr 14, 2023 Buying Opportunity • Jan 23
Now 22% undervalued Over the last 90 days, the stock is up 28%. The fair value is estimated to be JP¥1,887, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 78% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 32% share price gain to JP¥1,526, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total loss to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,903 per share. Reported Earnings • Jan 14
First quarter 2023 earnings released: EPS: JP¥23.24 (vs JP¥38.91 in 1Q 2022) First quarter 2023 results: EPS: JP¥23.24 (down from JP¥38.91 in 1Q 2022). Revenue: JP¥3.75b (up 14% from 1Q 2022). Net income: JP¥178.0m (down 40% from 1Q 2022). Profit margin: 4.7% (down from 9.0% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Reported Earnings • Dec 04
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: JP¥88.78 (up from JP¥73.24 in FY 2021). Revenue: JP¥13.3b (up 3.1% from FY 2021). Net income: JP¥680.0m (up 21% from FY 2021). Profit margin: 5.1% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 2.1% decline forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Announcement • Nov 23
UPR Corporation to Report Q1, 2023 Results on Jan 13, 2023 UPR Corporation announced that they will report Q1, 2023 results on Jan 13, 2023 Price Target Changed • Nov 19
Price target decreased to JP¥2,163 Down from JP¥2,330, the current price target is an average from 3 analysts. New target price is 71% above last closing price of JP¥1,262. Stock is down 57% over the past year. The company is forecast to post earnings per share of JP¥85.53 for next year compared to JP¥88.78 last year. Board Change • Nov 16
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. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Major Estimate Revision • Oct 22
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥14.5b to JP¥14.2b. EPS estimate also fell from JP¥106 per share to JP¥86.17 per share. Net income forecast to shrink 2.9% next year vs 3.7% decline forecast for Trade Distributors industry in Japan. Consensus price target down from JP¥2,330 to JP¥2,230. Share price was steady at JP¥1,189 over the past week. Reported Earnings • Oct 17
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: JP¥88.78 (up from JP¥73.24 in FY 2021). Revenue: JP¥13.3b (up 3.1% from FY 2021). Net income: JP¥680.0m (up 21% from FY 2021). Profit margin: 5.1% (up from 4.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Trade Distributors industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year. Announcement • Oct 16
UPR Corporation, Annual General Meeting, Nov 25, 2022 UPR Corporation, Annual General Meeting, Nov 25, 2022. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 09 November 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.5%). Announcement • Aug 12
UPR Corporation to Report Q4, 2022 Results on Oct 14, 2022 UPR Corporation announced that they will report Q4, 2022 results on Oct 14, 2022 Reported Earnings • Jul 15
Third quarter 2022 earnings released: EPS: JP¥17.23 (vs JP¥13.32 in 3Q 2021) Third quarter 2022 results: EPS: JP¥17.23 (up from JP¥13.32 in 3Q 2021). Revenue: JP¥3.49b (up 2.6% from 3Q 2021). Net income: JP¥132.0m (up 29% from 3Q 2021). Profit margin: 3.8% (up from 3.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.7%, compared to a 4.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥1,184, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 7x in the Trade Distributors industry in Japan. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorated over the past week After last week's 27% share price decline to JP¥1,236, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 7x in the Trade Distributors industry in Japan. Total loss to shareholders of 51% over the past year. Announcement • May 12
UPR Corporation to Report Q3, 2022 Results on Jul 14, 2022 UPR Corporation announced that they will report Q3, 2022 results on Jul 14, 2022 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. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,568, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total loss to shareholders of 47% over the past year. Reported Earnings • Apr 15
Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2022 results: EPS: JP¥16.19 (up from JP¥12.79 in 2Q 2021). Revenue: JP¥3.13b (up 1.0% from 2Q 2021). Net income: JP¥124.0m (up 27% from 2Q 2021). Profit margin: 4.0% (up from 3.2% in 2Q 2021). Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) exceeded analyst estimates by 9.9%. Over the next year, revenue is forecast to grow 9.4%, compared to a 4.8% growth forecast for the industry in Japan. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,782, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total loss to shareholders of 44% over the past year. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,603, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Trade Distributors industry in Japan. Total loss to shareholders of 54% over the past year. Announcement • Feb 03
UPR Corporation to Report Q2, 2022 Results on Apr 14, 2022 UPR Corporation announced that they will report Q2, 2022 results on Apr 14, 2022 Reported Earnings • Jan 16
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: JP¥38.91 (up from JP¥25.98 in 1Q 2021). Revenue: JP¥3.30b (up 2.6% from 1Q 2021). Net income: JP¥298.0m (up 50% from 1Q 2021). Profit margin: 9.0% (up from 6.2% in 1Q 2021). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 9.9%. Earnings per share (EPS) surpassed analyst estimates by 9.9%. Over the next year, revenue is forecast to grow 8.3%, compared to a 7.1% growth forecast for the industry in Japan. Reported Earnings • Oct 16
Full year 2021 earnings released: EPS JP¥73.24 (vs JP¥128 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: JP¥12.9b (up 1.5% from FY 2020). Net income: JP¥561.0m (down 43% from FY 2020). Profit margin: 4.3% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥2,544, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 10x in the Trade Distributors industry in Japan. Total loss to shareholders of 40% over the past year. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 09 November 2021. Trailing yield: 0.6%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (3.7%). Major Estimate Revision • Jul 27
Consensus EPS estimates fall to JP¥65.28 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from JP¥13.1b to JP¥12.8b. EPS estimate also fell from JP¥93.60 to JP¥65.28. Net income forecast to grow 29% next year vs 25% growth forecast for Trade Distributors industry in Japan. Consensus price target of JP¥4,185 unchanged from last update. Share price was steady at JP¥2,377 over the past week.