Board Change • May 26
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 5 experienced directors. No highly experienced directors. Independent Part Time Outside Director Mikio Asano is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 11
Gecoss Corporation, Annual General Meeting, Jun 25, 2026 Gecoss Corporation, Annual General Meeting, Jun 25, 2026. Announcement • May 10
Gecoss Corporation to Report Fiscal Year 2026 Results on May 11, 2026 Gecoss Corporation announced that they will report fiscal year 2026 results on May 11, 2026 Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥53.08 (vs JP¥41.88 in 3Q 2025) Third quarter 2026 results: EPS: JP¥53.08 (up from JP¥41.88 in 3Q 2025). Revenue: JP¥31.2b (up 9.1% from 3Q 2025). Net income: JP¥1.79b (up 27% from 3Q 2025). Profit margin: 5.7% (up from 4.9% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 10
Gecoss Corporation to Report Q3, 2026 Results on Jan 29, 2026 Gecoss Corporation announced that they will report Q3, 2026 results on Jan 29, 2026 Declared Dividend • Dec 02
First half dividend of JP¥34.00 announced Shareholders will receive a dividend of JP¥34.00. Ex-date: 30th March 2026 Payment date: 22nd June 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Nov 03
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 5 experienced directors. No highly experienced directors. Independent Part Time Outside Director Mikio Asano is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 30
Second quarter 2026 earnings released: EPS: JP¥43.36 (vs JP¥25.31 in 2Q 2025) Second quarter 2026 results: EPS: JP¥43.36 (up from JP¥25.31 in 2Q 2025). Revenue: JP¥27.7b (up 3.4% from 2Q 2025). Net income: JP¥1.46b (up 71% from 2Q 2025). Profit margin: 5.3% (up from 3.2% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year. Announcement • Sep 05
Gecoss Corporation to Report Q2, 2026 Results on Oct 29, 2025 Gecoss Corporation announced that they will report Q2, 2026 results on Oct 29, 2025 Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: JP¥38.52 (vs JP¥26.69 in 1Q 2025) First quarter 2026 results: EPS: JP¥38.52 (up from JP¥26.69 in 1Q 2025). Revenue: JP¥27.2b (flat on 1Q 2025). Net income: JP¥1.30b (up 44% from 1Q 2025). Profit margin: 4.8% (up from 3.3% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year. Board Change • Jul 11
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Tsuneko Murata was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Jul 09
Final dividend of JP¥23.00 announced Shareholders will receive a dividend of JP¥23.00. Ex-date: 29th September 2025 Payment date: 2nd December 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 25
Gecoss Corporation to Report Q1, 2026 Results on Jul 25, 2025 Gecoss Corporation announced that they will report Q1, 2026 results on Jul 25, 2025 Reported Earnings • Jun 24
Full year 2025 earnings released: EPS: JP¥135 (vs JP¥131 in FY 2024) Full year 2025 results: EPS: JP¥135 (up from JP¥131 in FY 2024). Revenue: JP¥111.6b (down 13% from FY 2024). Net income: JP¥4.54b (up 2.9% from FY 2024). Profit margin: 4.1% (up from 3.4% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Reported Earnings • Apr 25
Full year 2025 earnings released: EPS: JP¥135 (vs JP¥131 in FY 2024) Full year 2025 results: EPS: JP¥135 (up from JP¥131 in FY 2024). Revenue: JP¥111.6b (down 13% from FY 2024). Net income: JP¥4.54b (up 2.9% from FY 2024). Profit margin: 4.1% (up from 3.4% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Buy Or Sell Opportunity • Apr 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to JP¥968. The fair value is estimated to be JP¥1,240, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. Announcement • Mar 25
Gecoss Corporation to Report Fiscal Year 2025 Results on Apr 24, 2025 Gecoss Corporation announced that they will report fiscal year 2025 results on Apr 24, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.3%). Buy Or Sell Opportunity • Feb 03
Now 20% undervalued Over the last 90 days, the stock has risen 3.2% to JP¥997. The fair value is estimated to be JP¥1,251, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15%. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥41.88 (vs JP¥39.44 in 3Q 2024) Third quarter 2025 results: EPS: JP¥41.88 (up from JP¥39.44 in 3Q 2024). Revenue: JP¥28.6b (down 17% from 3Q 2024). Net income: JP¥1.41b (up 5.7% from 3Q 2024). Profit margin: 4.9% (up from 3.9% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jan 03
Gecoss Corporation to Report Q3, 2025 Results on Jan 30, 2025 Gecoss Corporation announced that they will report Q3, 2025 results on Jan 30, 2025 Declared Dividend • Dec 03
First half dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 28th March 2025 Payment date: 23rd June 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (34% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 31
Second quarter 2025 earnings released: EPS: JP¥25.31 (vs JP¥29.29 in 2Q 2024) Second quarter 2025 results: EPS: JP¥25.31 (down from JP¥29.29 in 2Q 2024). Revenue: JP¥26.8b (down 12% from 2Q 2024). Net income: JP¥854.0m (down 14% from 2Q 2024). Profit margin: 3.2% (down from 3.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.3%). Announcement • Sep 05
Gecoss Corporation to Report Q2, 2025 Results on Oct 29, 2024 Gecoss Corporation announced that they will report Q2, 2025 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥772, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 9x in the Trade Distributors industry in Japan. Negligible returns to shareholders over past three years. Reported Earnings • Jul 27
First quarter 2025 earnings released: EPS: JP¥26.69 (vs JP¥27.76 in 1Q 2024) First quarter 2025 results: EPS: JP¥26.69 (down from JP¥27.76 in 1Q 2024). Revenue: JP¥27.0b (down 14% from 1Q 2024). Net income: JP¥902.0m (down 3.8% from 1Q 2024). Profit margin: 3.3% (up from 3.0% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 3.8%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 04
Gecoss Corporation to Report Q1, 2025 Results on Jul 25, 2024 Gecoss Corporation announced that they will report Q1, 2025 results on Jul 25, 2024 Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: JP¥131 (vs JP¥95.04 in FY 2023) Full year 2024 results: EPS: JP¥131 (up from JP¥95.04 in FY 2023). Revenue: JP¥128.2b (up 6.4% from FY 2023). Net income: JP¥4.41b (up 29% from FY 2023). Profit margin: 3.4% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue. 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 4% per year. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: JP¥131 (vs JP¥95.04 in FY 2023) Full year 2024 results: EPS: JP¥131 (up from JP¥95.04 in FY 2023). Revenue: JP¥128.2b (up 6.4% from FY 2023). Net income: JP¥4.41b (up 29% from FY 2023). Profit margin: 3.4% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue. 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 4% per year. Announcement • Apr 26
Gecoss Corporation, Annual General Meeting, Jun 20, 2024 Gecoss Corporation, Annual General Meeting, Jun 20, 2024. Announcement • Mar 23
Gecoss Corporation to Report Fiscal Year 2024 Results on Apr 25, 2024 Gecoss Corporation announced that they will report fiscal year 2024 results on Apr 25, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.4%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥39.44 (vs JP¥33.47 in 3Q 2023) Third quarter 2024 results: EPS: JP¥39.44 (up from JP¥33.47 in 3Q 2023). Revenue: JP¥34.4b (up 3.9% from 3Q 2023). Net income: JP¥1.33b (up 9.4% from 3Q 2023). Profit margin: 3.9% (up from 3.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Jan 30
Gecoss Corporation Provides Dividend Guidance for the Year Ending March 31, 2024 Gecoss Corporation provided dividend guidance for the year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 20.00 per share compared to JPY 20.00 per share a year ago. Announcement • Dec 01
Gecoss Corporation to Report Q3, 2024 Results on Jan 30, 2024 Gecoss Corporation announced that they will report Q3, 2024 results on Jan 30, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥29.29 (vs JP¥19.18 in 2Q 2023) Second quarter 2024 results: EPS: JP¥29.29 (up from JP¥19.18 in 2Q 2023). Revenue: JP¥30.4b (up 6.1% from 2Q 2023). Net income: JP¥990.0m (up 42% from 2Q 2023). Profit margin: 3.3% (up from 2.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% 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. Announcement • Sep 21
Gecoss Corporation to Report Q2, 2024 Results on Oct 31, 2023 Gecoss Corporation announced that they will report Q2, 2024 results on Oct 31, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥15.00 per share at 3.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.8%). Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: JP¥27.76 (vs JP¥13.46 in 1Q 2023) First quarter 2024 results: EPS: JP¥27.76 (up from JP¥13.46 in 1Q 2023). Revenue: JP¥31.5b (up 22% from 1Q 2023). Net income: JP¥938.0m (up 91% from 1Q 2023). Profit margin: 3.0% (up from 1.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥95.04 (vs JP¥91.38 in FY 2022) Full year 2023 results: EPS: JP¥95.04 (up from JP¥91.38 in FY 2022). Revenue: JP¥120.5b (up 5.7% from FY 2022). Net income: JP¥3.43b (up 3.1% from FY 2022). Profit margin: 2.8% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% 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. Announcement • May 31
Gecoss Corporation to Report Q1, 2024 Results on Jul 27, 2023 Gecoss Corporation announced that they will report Q1, 2024 results on Jul 27, 2023 Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: JP¥95.04 (vs JP¥91.38 in FY 2022) Full year 2023 results: EPS: JP¥95.04 (up from JP¥91.38 in FY 2022). Revenue: JP¥120.5b (up 5.7% from FY 2022). Net income: JP¥3.43b (up 3.1% from FY 2022). Profit margin: 2.8% (down from 2.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share at 4.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (3.8%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥33.47 (vs JP¥30.72 in 3Q 2022) Third quarter 2023 results: EPS: JP¥33.47 (up from JP¥30.72 in 3Q 2022). Revenue: JP¥33.1b (up 5.0% from 3Q 2022). Net income: JP¥1.22b (up 8.9% from 3Q 2022). Profit margin: 3.7% (up from 3.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Dec 04
Gecoss Corporation to Report Q3, 2023 Results on Jan 27, 2023 Gecoss Corporation announced that they will report Q3, 2023 results on Jan 27, 2023 Board Change • Nov 16
Less than half of directors are independent There are 6 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: 6 new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (4 non-independent directors). Senior Executive VP & Representative Director Akio Suzuki is the most experienced director on the board, commencing their role in 2010. Independent Part Time Outside Director Mikio Asano was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Second quarter 2023 earnings released: EPS: JP¥19.18 (vs JP¥20.96 in 2Q 2022) Second quarter 2023 results: EPS: JP¥19.18 (down from JP¥20.96 in 2Q 2022). Revenue: JP¥28.7b (up 9.4% from 2Q 2022). Net income: JP¥698.0m (down 8.5% from 2Q 2022). Profit margin: 2.4% (down from 2.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (3.6%). Announcement • Sep 02
Gecoss Corporation to Report Q2, 2023 Results on Oct 27, 2022 Gecoss Corporation announced that they will report Q2, 2023 results on Oct 27, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥13.46 (vs JP¥19.34 in 1Q 2022) First quarter 2023 results: EPS: JP¥13.46 (down from JP¥19.34 in 1Q 2022). Revenue: JP¥25.9b (up 7.6% from 1Q 2022). Net income: JP¥490.0m (down 30% from 1Q 2022). Profit margin: 1.9% (down from 2.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% 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 • Jun 01
Gecoss Corporation to Report Q1, 2023 Results on Jul 27, 2022 Gecoss Corporation announced that they will report Q1, 2023 results on Jul 27, 2022 Reported Earnings • Apr 28
Full year 2022 earnings released: EPS: JP¥91.38 (vs JP¥125 in FY 2021) Full year 2022 results: EPS: JP¥91.38 (down from JP¥125 in FY 2021). Revenue: JP¥114.0b (up 3.4% from FY 2021). Net income: JP¥3.33b (down 27% from FY 2021). Profit margin: 2.9% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Board Change • Apr 27
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. 6 non-independent directors. Part Time Auditor Takehiko Futaki was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Gecoss Corporation to Report Fiscal Year 2022 Results on Apr 26, 2022 Gecoss Corporation announced that they will report fiscal year 2022 results on Apr 26, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 18 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (3.4%). Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥30.72 (down from JP¥34.62 in 3Q 2021). Revenue: JP¥31.5b (up 7.1% from 3Q 2021). Net income: JP¥1.12b (down 11% from 3Q 2021). Profit margin: 3.5% (down from 4.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Oct 27
Second quarter 2022 earnings released: EPS JP¥20.96 (vs JP¥28.93 in 2Q 2021) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥26.2b (flat on 2Q 2021). Net income: JP¥763.0m (down 28% from 2Q 2021). Profit margin: 2.9% (down from 4.0% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (3.4%). Reported Earnings • Jul 29
First quarter 2022 earnings released: EPS JP¥19.34 (vs JP¥28.05 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥24.1b (down 1.7% from 1Q 2021). Net income: JP¥704.0m (down 31% from 1Q 2021). Profit margin: 2.9% (down from 4.2% in 1Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 21
Full year 2021 earnings released: EPS JP¥125 (vs JP¥121 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥110.2b (down 3.6% from FY 2020). Net income: JP¥4.55b (up 3.2% from FY 2020). Profit margin: 4.1% (up from 3.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 25
Gecoss Corporation Provides Earnings Guidance for the First Half and Full Year Ending March 31, 2022 Gecoss Corporation provided earnings guidance for the first half and full year ending March 31, 2022. For the first half, the company expects net sales to be JPY 51,500. Operating income to be JPY 2,050. Profit attributable to owners of parent to be JPY 1,550. Basic earnings per share to be JPY 42.59.
For the full year, the company expects net sales to be JPY 111,000. Operating income to be JPY 5,550. Profit attributable to owners of parent to be JPY 4,050. Basic earnings per share to be JPY 111.27. Reported Earnings • Apr 25
Full year 2021 earnings released: EPS JP¥125 (vs JP¥121 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥110.2b (down 3.6% from FY 2020). Net income: JP¥4.55b (up 3.2% from FY 2020). Profit margin: 4.1% (up from 3.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 19 June 2021. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (3.0%). Announcement • Mar 17
Gecoss Corporation to Report Fiscal Year 2021 Results on Apr 23, 2021 Gecoss Corporation announced that they will report fiscal year 2021 results on Apr 23, 2021 Is New 90 Day High Low • Feb 26
New 90-day low: JP¥906 The company is down 2.0% from its price of JP¥926 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 17% over the same period. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS JP¥34.62 (vs JP¥38.66 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥29.4b (flat on 3Q 2020). Net income: JP¥1.26b (down 10% from 3Q 2020). Profit margin: 4.3% (down from 4.8% in 3Q 2020). 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 • Dec 03
Gecoss Corporation to Report Q3, 2021 Results on Jan 28, 2021 Gecoss Corporation announced that they will report Q3, 2021 results on Jan 28, 2021 Announcement • Sep 03
Gecoss Corporation to Report Q2, 2021 Results on Oct 26, 2020 Gecoss Corporation announced that they will report Q2, 2021 results on Oct 26, 2020 Announcement • Jun 20
Gecoss Corporation to Report Q1, 2021 Results on Jul 28, 2020 Gecoss Corporation announced that they will report Q1, 2021 results on Jul 28, 2020 
