Declared Dividend • Jun 23
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2026 Payment date: 22nd December 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (28% 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 58% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 14
Second quarter 2026 earnings released: EPS: JP¥42.11 (vs JP¥30.11 in 2Q 2025) Second quarter 2026 results: EPS: JP¥42.11 (up from JP¥30.11 in 2Q 2025). Revenue: JP¥5.29b (up 6.9% from 2Q 2025). Net income: JP¥208.9m (up 38% from 2Q 2025). Profit margin: 3.9% (up from 3.1% 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 32% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 22 June 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 11
First quarter 2026 earnings released: EPS: JP¥35.83 (vs JP¥30.20 in 1Q 2025) First quarter 2026 results: EPS: JP¥35.83 (up from JP¥30.20 in 1Q 2025). Revenue: JP¥5.09b (up 3.1% from 1Q 2025). Net income: JP¥177.0m (up 17% from 1Q 2025). Profit margin: 3.5% (up from 3.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 38% per year. Declared Dividend • Jan 08
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 30th March 2026 Payment date: 22nd June 2026 Dividend yield will be 4.6%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (27% 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 92% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 31
CSS Holdings,Ltd. to Report Q1, 2026 Results on Feb 10, 2026 CSS Holdings,Ltd. announced that they will report Q1, 2026 results on Feb 10, 2026 Reported Earnings • Dec 25
Full year 2025 earnings released: EPS: JP¥117 (vs JP¥85.89 in FY 2024) Full year 2025 results: EPS: JP¥117 (up from JP¥85.89 in FY 2024). Revenue: JP¥19.5b (up 11% from FY 2024). Net income: JP¥587.0m (up 37% from FY 2024). Profit margin: 3.0% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 40% per year. Reported Earnings • Nov 14
Full year 2025 earnings released: EPS: JP¥117 (vs JP¥85.89 in FY 2024) Full year 2025 results: EPS: JP¥117 (up from JP¥85.89 in FY 2024). Revenue: JP¥19.5b (up 11% from FY 2024). Net income: JP¥587.0m (up 37% from FY 2024). Profit margin: 3.0% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 37% per year. Announcement • Nov 12
CSS Holdings,Ltd., Annual General Meeting, Dec 19, 2025 CSS Holdings,Ltd., Annual General Meeting, Dec 19, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 22 December 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.1%). Reported Earnings • Aug 14
Third quarter 2025 earnings released: EPS: JP¥13.36 (vs JP¥14.22 in 3Q 2024) Third quarter 2025 results: EPS: JP¥13.36 (down from JP¥14.22 in 3Q 2024). Revenue: JP¥4.56b (up 9.5% from 3Q 2024). Net income: JP¥67.0m (down 5.6% from 3Q 2024). Profit margin: 1.5% (down from 1.7% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Announcement • Aug 13
CSS Holdings,Ltd. (TSE:2304) announces an Equity Buyback for 100,000 shares, representing 1.95% for ¥94 million. CSS Holdings,Ltd. (TSE:2304) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.95% of its share capital (excluding treasury stock), at ¥940 per share, for ¥94 million. The purpose of the program is to implement a flexible capital policy, with an eye toward future M&A and alliances aimed at sustainably enhancing our corporate value. As of March 31, 2025, the company had 5,141,192 shares outstanding (excluding treasury shares) and 144,402 shares in treasury. Declared Dividend • Jun 21
First half dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 29th September 2025 Payment date: 22nd December 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 21
CSS Holdings,Ltd. to Report Q3, 2025 Results on Aug 12, 2025 CSS Holdings,Ltd. announced that they will report Q3, 2025 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥850, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 310% over the past three years. Reported Earnings • May 17
Second quarter 2025 earnings released: EPS: JP¥30.11 (vs JP¥43.65 in 2Q 2024) Second quarter 2025 results: EPS: JP¥30.11 (down from JP¥43.65 in 2Q 2024). Revenue: JP¥4.95b (flat on 2Q 2024). Net income: JP¥151.0m (down 31% from 2Q 2024). Profit margin: 3.1% (down from 4.4% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥765, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 261% over the past three years. Announcement • Mar 27
CSS Holdings,Ltd. to Report Q2, 2025 Results on May 13, 2025 CSS Holdings,Ltd. announced that they will report Q2, 2025 results on May 13, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 23 June 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 14
First quarter 2025 earnings released: EPS: JP¥30.20 (vs JP¥21.02 in 1Q 2024) First quarter 2025 results: EPS: JP¥30.20 (up from JP¥21.02 in 1Q 2024). Revenue: JP¥4.94b (up 17% from 1Q 2024). Net income: JP¥151.0m (up 44% from 1Q 2024). Profit margin: 3.1% (up from 2.5% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jan 06
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 28th March 2025 Payment date: 23rd June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 56% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 03
CSS Holdings,Ltd. to Report Q1, 2025 Results on Feb 12, 2025 CSS Holdings,Ltd. announced that they will report Q1, 2025 results on Feb 12, 2025 Reported Earnings • Nov 18
Full year 2024 earnings released: EPS: JP¥85.89 (vs JP¥46.05 in FY 2023) Full year 2024 results: EPS: JP¥85.89 (up from JP¥46.05 in FY 2023). Revenue: JP¥17.6b (up 19% from FY 2023). Net income: JP¥429.0m (up 87% from FY 2023). Profit margin: 2.4% (up from 1.6% 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 103% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Nov 13
CSS Holdings,Ltd., Annual General Meeting, Dec 19, 2024 CSS Holdings,Ltd., Annual General Meeting, Dec 19, 2024. Announcement • Oct 10
CSS Holdings,Ltd. to Report Fiscal Year 2024 Results on Nov 12, 2024 CSS Holdings,Ltd. announced that they will report fiscal year 2024 results on Nov 12, 2024 New Risk • Oct 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (JP¥4.14b market cap, or US$28.2m). Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.0%). New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (JP¥3.37b market cap, or US$23.6m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥674, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 182% over the past three years. Announcement • Jun 29
CSS Holdings,Ltd. to Report Q3, 2024 Results on Aug 13, 2024 CSS Holdings,Ltd. announced that they will report Q3, 2024 results on Aug 13, 2024 Reported Earnings • May 19
Second quarter 2024 earnings released: EPS: JP¥43.65 (vs JP¥33.64 in 2Q 2023) Second quarter 2024 results: EPS: JP¥43.65 (up from JP¥33.64 in 2Q 2023). Revenue: JP¥4.93b (up 19% from 2Q 2023). Net income: JP¥218.0m (up 30% from 2Q 2023). Profit margin: 4.4% (up from 4.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 16
Dividend increased to JP¥20.00 Dividend of JP¥20.00 is 100% higher than last year. Ex-date: 27th September 2024 Payment date: 18th December 2024 Dividend yield will be 3.5%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (22% 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 5.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 29
CSS Holdings,Ltd. to Report Q2, 2024 Results on May 14, 2024 CSS Holdings,Ltd. announced that they will report Q2, 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.8%). Announcement • Feb 29
CSS Holdings,Ltd. Provides Dividend Forecast for the Fiscal Year Ending September 30, 2024 CSS Holdings,Ltd. provided dividend forecast of JPY 10.00 per share for the fiscal year ending September 30, 2024, as compared to JPY 10.00 per share paid a year ago. Reported Earnings • Feb 15
First quarter 2024 earnings released: EPS: JP¥21.02 (vs JP¥6.81 in 1Q 2023) First quarter 2024 results: EPS: JP¥21.02 (up from JP¥6.81 in 1Q 2023). Revenue: JP¥4.21b (up 27% from 1Q 2023). Net income: JP¥105.0m (up 209% from 1Q 2023). Profit margin: 2.5% (up from 1.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Dec 29
CSS Holdings,Ltd. to Report Q1, 2024 Results on Feb 13, 2024 CSS Holdings,Ltd. announced that they will report Q1, 2024 results on Feb 13, 2024 Reported Earnings • Nov 19
Full year 2023 earnings released: EPS: JP¥46.05 (vs JP¥20.44 in FY 2022) Full year 2023 results: EPS: JP¥46.05 (up from JP¥20.44 in FY 2022). Revenue: JP¥14.8b (up 36% from FY 2022). Net income: JP¥230.0m (up 125% from FY 2022). Profit margin: 1.6% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Nov 17
CSS Holdings,Ltd., Annual General Meeting, Dec 15, 2023 CSS Holdings,Ltd., Annual General Meeting, Dec 15, 2023. New Risk • Oct 11
New major risk - Revenue and earnings growth Earnings have declined by 6.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.6% average weekly change). Earnings have declined by 6.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥3.91b market cap, or US$26.3m). Announcement • Sep 28
CSS Holdings,Ltd. to Report Fiscal Year 2023 Results on Nov 14, 2023 CSS Holdings,Ltd. announced that they will report fiscal year 2023 results on Nov 14, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥10.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 19 December 2023. Payout ratio is a comfortable 9.2% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 12
Third quarter 2023 earnings released: EPS: JP¥6.41 (vs JP¥5.41 in 3Q 2022) Third quarter 2023 results: EPS: JP¥6.41 (up from JP¥5.41 in 3Q 2022). Revenue: JP¥3.48b (up 34% from 3Q 2022). Net income: JP¥32.0m (up 19% from 3Q 2022). Profit margin: 0.9% (down from 1.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Announcement • Jun 30
CSS Holdings,Ltd. to Report Q3, 2023 Results on Aug 10, 2023 CSS Holdings,Ltd. announced that they will report Q3, 2023 results on Aug 10, 2023 Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥915, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 279% over the past three years. Reported Earnings • May 17
Second quarter 2023 earnings released: EPS: JP¥33.64 (vs JP¥8.22 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥33.64 (up from JP¥8.22 loss in 2Q 2022). Revenue: JP¥4.13b (up 52% from 2Q 2022). Net income: JP¥168.0m (up JP¥209.0m from 2Q 2022). Profit margin: 4.1% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year whereas the company’s share price has increased by 39% per year. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥619, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 181% over the past three years. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥480, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 99% over the past three years. Reported Earnings • Feb 18
First quarter 2023 earnings released: EPS: JP¥6.81 (vs JP¥16.04 in 1Q 2022) First quarter 2023 results: EPS: JP¥6.81 (down from JP¥16.04 in 1Q 2022). Revenue: JP¥3.31b (up 26% from 1Q 2022). Net income: JP¥34.0m (down 57% from 1Q 2022). Profit margin: 1.0% (down from 3.1% in 1Q 2022). The decrease in margin was driven by higher 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 1% per year, which means it is significantly lagging earnings growth. Announcement • Jan 01
CSS Holdings,Ltd. to Report Q1, 2023 Results on Feb 14, 2023 CSS Holdings,Ltd. announced that they will report Q1, 2023 results on Feb 14, 2023 Reported Earnings • Nov 17
Full year 2022 earnings released: EPS: JP¥20.44 (vs JP¥83.30 loss in FY 2021) Full year 2022 results: EPS: JP¥20.44 (up from JP¥83.30 loss in FY 2021). Revenue: JP¥10.9b (up 16% from FY 2021). Net income: JP¥102.0m (up JP¥522.0m from FY 2021). Profit margin: 0.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Nov 16
CSS Holdings,Ltd., Annual General Meeting, Dec 16, 2022 CSS Holdings,Ltd., Annual General Meeting, Dec 16, 2022. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. No independent directors (8 non-independent directors). Director Ko Nagatsuji was the last director to join 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. Insufficient board refreshment. Announcement • Sep 29
CSS Holdings,Ltd. to Report Fiscal Year 2022 Results on Nov 11, 2022 CSS Holdings,Ltd. announced that they will report fiscal year 2022 results on Nov 11, 2022 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: 22 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.3%). Buying Opportunity • Sep 16
Now 21% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be JP¥420, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Aug 25
Now 20% undervalued Over the last 90 days, the stock is up 32%. The fair value is estimated to be JP¥411, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 12
Third quarter 2022 earnings released: EPS: JP¥5.41 (vs JP¥17.26 loss in 3Q 2021) Third quarter 2022 results: EPS: JP¥5.41 (up from JP¥17.26 loss in 3Q 2021). Revenue: JP¥2.60b (up 33% from 3Q 2021). Net income: JP¥27.0m (up JP¥114.0m from 3Q 2021). Profit margin: 1.0% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% 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. Announcement • Jun 12
CSS Holdings,Ltd. to Report Q3, 2022 Results on Aug 10, 2022 CSS Holdings,Ltd. announced that they will report Q3, 2022 results on Aug 10, 2022 Reported Earnings • May 13
Second quarter 2022 earnings released: JP¥8.22 loss per share (vs JP¥2.38 loss in 2Q 2021) Second quarter 2022 results: JP¥8.22 loss per share (down from JP¥2.38 loss in 2Q 2021). Revenue: JP¥2.72b (up 9.5% from 2Q 2021). Net loss: JP¥41.0m (loss widened 242% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. No independent directors (8 non-independent directors). Director Ko Nagatsuji was the last director to join 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. Insufficient board refreshment. Announcement • Apr 08
CSS Holdings,Ltd. to Report Q2, 2022 Results on May 11, 2022 CSS Holdings,Ltd. announced that they will report Q2, 2022 results on May 11, 2022 Reported Earnings • Feb 13
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥16.04 (up from JP¥19.79 loss in 1Q 2021). Revenue: JP¥2.62b (up 2.9% from 1Q 2021). Net income: JP¥80.0m (up JP¥180.0m from 1Q 2021). Profit margin: 3.1% (up from net loss in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: JP¥83.30 loss per share (down from JP¥4.55 profit in FY 2020). Revenue: JP¥9.41b (down 21% from FY 2020). Net loss: JP¥420.0m (down JP¥443.0m from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 17
Full year 2021 earnings released: JP¥83.30 loss per share (vs JP¥4.55 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥9.41b (down 21% from FY 2020). Net loss: JP¥420.0m (down JP¥443.0m from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥314, the stock trades at a trailing P/E ratio of 66.3x. Average trailing P/E is 16x in the Commercial Services industry in Japan. Total loss to shareholders of 16% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 21 December 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.9%). Reported Earnings • Aug 12
Third quarter 2021 earnings released: JP¥17.26 loss per share (vs JP¥75.39 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥1.95b (up 11% from 3Q 2020). Net loss: JP¥87.0m (loss narrowed 77% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
Second quarter 2021 earnings released: JP¥2.38 loss per share (vs JP¥15.24 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¥2.49b (down 36% from 2Q 2020). Net loss: JP¥12.0m (down 116% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
First quarter 2021 earnings released: JP¥19.79 loss per share (vs JP¥20.61 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: JP¥2.54b (down 36% from 1Q 2020). Net loss: JP¥100.0m (down 196% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥255, the stock is trading at a trailing P/E ratio of 56x, down from the previous P/E ratio of 70.3x. This compares to an average P/E of 15x in the Commercial Services industry in Japan. Total return to shareholders over the past three years is a loss of 37%. Announcement • Jan 01
CSS Holdings,Ltd. to Report Q1, 2021 Results on Feb 15, 2021 CSS Holdings,Ltd. announced that they will report Q1, 2021 results on Feb 15, 2021 Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 33% share price gain to JP¥320, the stock is trading at a trailing P/E ratio of 70.3x, up from the previous P/E ratio of 52.7x. This compares to an average P/E of 15x in the Commercial Services industry in Japan. Total return to shareholders over the past three years is a loss of 17%. Reported Earnings • Dec 27
Full year 2020 earnings released: EPS JP¥4.55 The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥12.0b (down 35% from FY 2019). Net income: JP¥23.0m (up JP¥133.0m from FY 2019). Profit margin: 0.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 16
New 90-day low: JP¥235 The company is down 19% from its price of JP¥289 on 17 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 1.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: JP¥251 The company is down 3.0% from its price of JP¥259 on 27 August 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 2.0% over the same period. Reported Earnings • Nov 14
Full year 2020 earnings released: EPS JP¥4.55 The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: JP¥12.0b (down 35% from FY 2019). Net income: JP¥23.0m (up JP¥133.0m from FY 2019). Profit margin: 0.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Oct 07
CSS Holdings,Ltd. to Report Fiscal Year 2020 Results on Nov 10, 2020 CSS Holdings,Ltd. announced that they will report fiscal year 2020 results on Nov 10, 2020 Announcement • Aug 30
CSS Holdings,Ltd. to Report Q3, 2020 Results on Aug 31, 2020 CSS Holdings,Ltd. announced that they will report Q3, 2020 results on Aug 31, 2020