Reported Earnings • Apr 16
Full year 2026 earnings released: EPS: JP¥68.42 (vs JP¥80.37 in FY 2025) Full year 2026 results: EPS: JP¥68.42 (down from JP¥80.37 in FY 2025). Revenue: JP¥32.9b (down 7.5% from FY 2025). Net income: JP¥1.16b (down 15% from FY 2025). Profit margin: 3.5% (down from 3.8% in FY 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% 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 • Apr 14
STUDIO ALICE Co.,Ltd., Annual General Meeting, May 28, 2026 STUDIO ALICE Co.,Ltd., Annual General Meeting, May 28, 2026. Announcement • Apr 03
STUDIO ALICE Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 14, 2026 STUDIO ALICE Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 14, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Jan 15
Third quarter 2026 earnings released: EPS: JP¥90.37 (vs JP¥104 in 3Q 2025) Third quarter 2026 results: EPS: JP¥90.37 (down from JP¥104 in 3Q 2025). Revenue: JP¥10.3b (down 9.8% from 3Q 2025). Net income: JP¥1.54b (down 13% from 3Q 2025). Profit margin: 15% (in line with 3Q 2025). 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 2% per year, which means it has not declined as severely as earnings. Announcement • Nov 01
STUDIO ALICE Co.,Ltd. to Report Q3, 2026 Results on Jan 14, 2026 STUDIO ALICE Co.,Ltd. announced that they will report Q3, 2026 results on Jan 14, 2026 New Risk • Oct 15
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Oct 15
Second quarter 2026 earnings released: JP¥31.56 loss per share (vs JP¥18.96 loss in 2Q 2025) Second quarter 2026 results: JP¥31.56 loss per share (further deteriorated from JP¥18.96 loss in 2Q 2025). Revenue: JP¥6.53b (down 9.7% from 2Q 2025). Net loss: JP¥536.0m (loss widened 67% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% 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 • Jul 26
STUDIO ALICE Co.,Ltd. to Report Q2, 2026 Results on Oct 14, 2025 STUDIO ALICE Co.,Ltd. announced that they will report Q2, 2026 results on Oct 14, 2025 Reported Earnings • Jul 15
First quarter 2026 earnings released: EPS: JP¥9.24 (vs JP¥16.25 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥9.24 (up from JP¥16.25 loss in 1Q 2025). Revenue: JP¥7.84b (down 3.6% from 1Q 2025). Net income: JP¥157.0m (up JP¥433.0m from 1Q 2025). Profit margin: 2.0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 03
Full year 2025 earnings released: EPS: JP¥80.37 (vs JP¥68.12 in FY 2024) Full year 2025 results: EPS: JP¥80.37 (up from JP¥68.12 in FY 2024). Revenue: JP¥35.6b (down 2.2% from FY 2024). Net income: JP¥1.37b (up 18% from FY 2024). Profit margin: 3.8% (up from 3.2% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 42% 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 • Apr 26
STUDIO ALICE Co.,Ltd. to Report Q1, 2026 Results on Jul 14, 2025 STUDIO ALICE Co.,Ltd. announced that they will report Q1, 2026 results on Jul 14, 2025 Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: JP¥80.37 (vs JP¥68.12 in FY 2024) Full year 2025 results: EPS: JP¥80.37 (up from JP¥68.12 in FY 2024). Revenue: JP¥35.6b (down 2.2% from FY 2024). Net income: JP¥1.37b (up 18% from FY 2024). Profit margin: 3.8% (up from 3.2% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 42% 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 • Apr 14
STUDIO ALICE Co.,Ltd., Annual General Meeting, May 27, 2025 STUDIO ALICE Co.,Ltd., Annual General Meeting, May 27, 2025. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 29 May 2025. Payout ratio is on the higher end at 100%, however this is supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.1%). Announcement • Feb 03
STUDIO ALICE Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2025 STUDIO ALICE Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥104 (vs JP¥104 in 3Q 2024) Third quarter 2025 results: EPS: JP¥104 (down from JP¥104 in 3Q 2024). Revenue: JP¥11.5b (down 3.2% from 3Q 2024). Net income: JP¥1.76b (flat on 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Oct 26
STUDIO ALICE Co.,Ltd. to Report Q3, 2025 Results on Jan 10, 2025 STUDIO ALICE Co.,Ltd. announced that they will report Q3, 2025 results on Jan 10, 2025 Reported Earnings • Oct 16
Second quarter 2025 earnings released: JP¥18.96 loss per share (vs JP¥25.08 loss in 2Q 2024) Second quarter 2025 results: JP¥18.96 loss per share (improved from JP¥25.08 loss in 2Q 2024). Revenue: JP¥7.23b (down 3.0% from 2Q 2024). Net loss: JP¥322.0m (loss narrowed 24% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jul 27
STUDIO ALICE Co.,Ltd. to Report Q2, 2025 Results on Oct 11, 2024 STUDIO ALICE Co.,Ltd. announced that they will report Q2, 2025 results on Oct 11, 2024 New Risk • Jul 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (108% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.0% net profit margin). Reported Earnings • Jul 15
First quarter 2025 earnings released: JP¥16.25 loss per share (vs JP¥12.95 loss in 1Q 2024) First quarter 2025 results: JP¥16.25 loss per share (further deteriorated from JP¥12.95 loss in 1Q 2024). Revenue: JP¥8.13b (flat on 1Q 2024). Net loss: JP¥276.0m (loss widened 26% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 01
Full year 2024 earnings released: EPS: JP¥68.12 (vs JP¥133 in FY 2023) Full year 2024 results: EPS: JP¥68.12 (down from JP¥133 in FY 2023). Revenue: JP¥36.4b (down 5.6% from FY 2023). Net income: JP¥1.16b (down 49% from FY 2023). Profit margin: 3.2% (down from 5.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 38% 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 • Apr 29
STUDIO ALICE Co.,Ltd. to Report Q1, 2025 Results on Jul 11, 2024 STUDIO ALICE Co.,Ltd. announced that they will report Q1, 2025 results on Jul 11, 2024 Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: JP¥68.12 (vs JP¥133 in FY 2023) Full year 2024 results: EPS: JP¥68.12 (down from JP¥133 in FY 2023). Revenue: JP¥36.4b (down 5.6% from FY 2023). Net income: JP¥1.16b (down 49% from FY 2023). Profit margin: 3.2% (down from 5.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 38% 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. Announcement • Apr 14
STUDIO ALICE Co.,Ltd., Annual General Meeting, May 28, 2024 STUDIO ALICE Co.,Ltd., Annual General Meeting, May 28, 2024. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.8%). Announcement • Feb 01
STUDIO ALICE Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024 STUDIO ALICE Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024 Reported Earnings • Jan 10
Third quarter 2024 earnings released: EPS: JP¥104 (vs JP¥149 in 3Q 2023) Third quarter 2024 results: EPS: JP¥104 (down from JP¥149 in 3Q 2023). Revenue: JP¥11.9b (down 9.3% from 3Q 2023). Net income: JP¥1.77b (down 30% from 3Q 2023). Profit margin: 15% (down from 19% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Oct 29
STUDIO ALICE Co.,Ltd. to Report Q3, 2024 Results on Jan 09, 2024 STUDIO ALICE Co.,Ltd. announced that they will report Q3, 2024 results on Jan 09, 2024 Reported Earnings • Oct 16
Second quarter 2024 earnings released: JP¥25.08 loss per share (vs JP¥18.25 loss in 2Q 2023) Second quarter 2024 results: JP¥25.08 loss per share (further deteriorated from JP¥18.25 loss in 2Q 2023). Revenue: JP¥7.45b (down 2.4% from 2Q 2023). Net loss: JP¥426.0m (loss widened 37% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. Announcement • Jul 30
STUDIO ALICE Co.,Ltd. to Report Q2, 2024 Results on Oct 13, 2023 STUDIO ALICE Co.,Ltd. announced that they will report Q2, 2024 results on Oct 13, 2023 Reported Earnings • Jul 15
First quarter 2024 earnings released: JP¥12.95 loss per share (vs JP¥9.95 profit in 1Q 2023) First quarter 2024 results: JP¥12.95 loss per share (down from JP¥9.95 profit in 1Q 2023). Revenue: JP¥8.11b (down 7.3% from 1Q 2023). Net loss: JP¥220.0m (down 230% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥133 (vs JP¥213 in FY 2022) Full year 2023 results: EPS: JP¥133 (down from JP¥213 in FY 2022). Revenue: JP¥38.6b (down 5.2% from FY 2022). Net income: JP¥2.26b (down 38% from FY 2022). Profit margin: 5.9% (down from 8.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Outside Independent Director Hironori Momose was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 15
Full year 2023 earnings released: EPS: JP¥133 (vs JP¥213 in FY 2022) Full year 2023 results: EPS: JP¥133 (down from JP¥213 in FY 2022). Revenue: JP¥38.6b (down 5.2% from FY 2022). Net income: JP¥2.26b (down 38% from FY 2022). Profit margin: 5.9% (down from 8.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥70.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Announcement • Jan 31
STUDIO ALICE Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2023 STUDIO ALICE Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2023 Buying Opportunity • Jan 29
Now 21% undervalued Over the last 90 days, the stock is up 2.8%. The fair value is estimated to be JP¥2,700, 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 grown by 39%. Buying Opportunity • Jan 13
Now 20% undervalued Over the last 90 days, the stock is up 6.7%. The fair value is estimated to be JP¥2,724, 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 grown by 39%. Reported Earnings • Jan 11
Third quarter 2023 earnings released: EPS: JP¥149 (vs JP¥160 in 3Q 2022) Third quarter 2023 results: EPS: JP¥149 (down from JP¥160 in 3Q 2022). Revenue: JP¥13.1b (down 3.4% from 3Q 2022). Net income: JP¥2.53b (down 7.1% from 3Q 2022). Profit margin: 19% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Oct 30
STUDIO ALICE Co.,Ltd. to Report Q3, 2023 Results on Jan 10, 2023 STUDIO ALICE Co.,Ltd. announced that they will report Q3, 2023 results on Jan 10, 2023 Reported Earnings • Oct 13
Second quarter 2023 earnings released: JP¥18.25 loss per share (vs JP¥19.79 profit in 2Q 2022) Second quarter 2023 results: JP¥18.25 loss per share (down from JP¥19.79 profit in 2Q 2022). Revenue: JP¥7.63b (down 11% from 2Q 2022). Net loss: JP¥310.0m (down 192% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
STUDIO ALICE Co.,Ltd. to Report Q2, 2023 Results on Oct 12, 2022 STUDIO ALICE Co.,Ltd. announced that they will report Q2, 2023 results on Oct 12, 2022 Reported Earnings • Jul 13
First quarter 2023 earnings released: EPS: JP¥9.95 (vs JP¥30.21 in 1Q 2022) First quarter 2023 results: EPS: JP¥9.95 (down from JP¥30.21 in 1Q 2022). Revenue: JP¥8.75b (down 2.6% from 1Q 2022). Net income: JP¥169.0m (down 67% from 1Q 2022). Profit margin: 1.9% (down from 5.7% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: JP¥213 (vs JP¥143 in FY 2021) Full year 2022 results: EPS: JP¥213 (up from JP¥143 in FY 2021). Revenue: JP¥40.7b (up 12% from FY 2021). Net income: JP¥3.61b (up 49% from FY 2021). Profit margin: 8.9% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • May 02
STUDIO ALICE Co.,Ltd. to Report Q1, 2023 Results on Jul 11, 2022 STUDIO ALICE Co.,Ltd. announced that they will report Q1, 2023 results on Jul 11, 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. 6 experienced directors. 5 highly experienced directors. No independent directors (11 non-independent directors). External Director Manabu Tazaki was the last director to join the board, commencing their role in 2011. 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 14
STUDIO ALICE Co.,Ltd., Annual General Meeting, May 26, 2022 STUDIO ALICE Co.,Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: JP¥213 (vs JP¥143 in FY 2021) Full year 2022 results: EPS: JP¥213 (up from JP¥143 in FY 2021). Revenue: JP¥40.7b (up 12% from FY 2021). Net income: JP¥3.61b (up 49% from FY 2021). Profit margin: 8.9% (up from 6.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (2.1%). Announcement • Jan 30
STUDIO ALICE Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 12, 2022 STUDIO ALICE Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 12, 2022 Reported Earnings • Jan 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥160 (down from JP¥179 in 3Q 2021). Revenue: JP¥13.5b (down 1.5% from 3Q 2021). Net income: JP¥2.72b (down 10% from 3Q 2021). Profit margin: 20% (down from 22% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 12
Second quarter 2022 earnings released: EPS JP¥19.78 (vs JP¥51.70 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥8.58b (down 8.5% from 2Q 2021). Net income: JP¥336.0m (down 62% from 2Q 2021). Profit margin: 3.9% (down from 9.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • Jul 15
First quarter 2022 earnings released: EPS JP¥30.21 (vs JP¥109 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥8.98b (up 111% from 1Q 2021). Net income: JP¥513.0m (up JP¥2.37b from 1Q 2021). Profit margin: 5.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Reported Earnings • Jun 02
Full year 2021 earnings released: EPS JP¥143 (vs JP¥71.18 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¥36.4b (down 6.5% from FY 2020). Net income: JP¥2.43b (up 101% from FY 2020). Profit margin: 6.7% (up from 3.1% in FY 2020). 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 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS JP¥143 (vs JP¥71.18 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¥36.4b (down 6.5% from FY 2020). Net income: JP¥2.43b (up 101% from FY 2020). Profit margin: 6.7% (up from 3.1% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Feb 18
Upcoming Dividend of JP¥50.00 Per Share Will be paid on the 29th of May to those who are registered shareholders by the 25th of February. The trailing yield of 2.4% is below the top quartile of Japanese dividend payers (2.8%), but it is higher than industry peers (2.0%). Is New 90 Day High Low • Feb 03
New 90-day high: JP¥2,129 The company is up 9.0% from its price of JP¥1,959 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 3.0% over the same period. Announcement • Jan 31
STUDIO ALICE Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 13, 2021 STUDIO ALICE Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 13, 2021 Reported Earnings • Jan 14
Third quarter 2021 earnings released: EPS JP¥179 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥13.7b (up 8.2% from 3Q 2020). Net income: JP¥3.04b (up 65% from 3Q 2020). Profit margin: 22% (up from 14% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% 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. Is New 90 Day High Low • Jan 14
New 90-day high: JP¥2,105 The company is up 9.0% from its price of JP¥1,938 on 16 October 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 10.0% over the same period. Announcement • Aug 09
STUDIO ALICE Co.,Ltd. to Report Q2, 2021 Results on Oct 12, 2020 STUDIO ALICE Co.,Ltd. announced that they will report Q2, 2021 results on Oct 12, 2020