Reported Earnings • Apr 14
Full year 2026 earnings released: EPS: JP¥107 (vs JP¥85.79 in FY 2025) Full year 2026 results: EPS: JP¥107 (up from JP¥85.79 in FY 2025). Revenue: JP¥17.5b (up 23% from FY 2025). Net income: JP¥713.0m (up 24% from FY 2025). Profit margin: 4.1% (up from 4.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Apr 13
No.1 Co.,Ltd, Annual General Meeting, May 27, 2026 No.1 Co.,Ltd, Annual General Meeting, May 27, 2026. Announcement • Apr 03
No.1 Co.,Ltd to Report Fiscal Year 2026 Results on Apr 13, 2026 No.1 Co.,Ltd announced that they will report fiscal year 2026 results on Apr 13, 2026 Buy Or Sell Opportunity • Feb 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to JP¥1,762. The fair value is estimated to be JP¥2,221, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has declined by 18%. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 29 May 2026. Payout ratio is a comfortable 47% and the cash payout ratio is 94%. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥1,937, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 15x in the Commercial Services industry in Japan. Total returns to shareholders of 81% over the past three years. Reported Earnings • Jan 14
Third quarter 2026 earnings released: JP¥14.09 loss per share (vs JP¥11.07 profit in 3Q 2025) Third quarter 2026 results: JP¥14.09 loss per share (down from JP¥11.07 profit in 3Q 2025). Revenue: JP¥4.66b (up 36% from 3Q 2025). Net loss: JP¥92.0m (down 223% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. New Risk • Jan 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.1% net profit margin). Announcement • Nov 11
No.1 Co.,Ltd to Report Q3, 2026 Results on Jan 13, 2026 No.1 Co.,Ltd announced that they will report Q3, 2026 results on Jan 13, 2026 Reported Earnings • Oct 15
Second quarter 2026 earnings released: EPS: JP¥42.07 (vs JP¥20.82 in 2Q 2025) Second quarter 2026 results: EPS: JP¥42.07 (up from JP¥20.82 in 2Q 2025). Revenue: JP¥3.89b (up 7.0% from 2Q 2025). Net income: JP¥282.0m (up 100% from 2Q 2025). Profit margin: 7.3% (up from 3.9% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. New Risk • Oct 14
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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. Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (JP¥13.4b market cap, or US$88.1m). Announcement • Sep 27
No.1 Co.,Ltd (TSE:3562) signed a Share Exchange Agreement to acquire 90.67% stake in LGIC Co., Ltd for approximately ¥490 million. No.1 Co.,Ltd (TSE:3562) signed a Share Exchange Agreement to acquire 90.67% stake in LGIC Co., Ltd for approximately ¥490 million on September 26, 2025. As part of the acquisition, No.1 Co.,Ltd will acquire 272 shares in LGIC Co., Ltd. The consideration consists of issue of 0.02 million ordinary shares of No.1 Co.,Ltd at a ratio of 836 per common equity of LGIC Co., Ltd. For the period ending January 31, 2025, LGIC Co., Ltd reported total revenue of ¥177.05 million, EBIT of ¥7.47 million and net income of ¥4.76 million. As of January 31, 2025, LGIC Co., Ltd reported total assets of ¥248.08 million and net assets of ¥48.9 million.
The transaction is expected to close on October 31, 2025. New Risk • Aug 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.4b (US$97.7m) 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 Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (JP¥14.4b market cap, or US$97.7m). Announcement • Aug 27
No.1 Co.,Ltd to Report Q2, 2026 Results on Oct 14, 2025 No.1 Co.,Ltd announced that they will report Q2, 2026 results on Oct 14, 2025 Upcoming Dividend • Aug 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 17 November 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.1%). Announcement • Jul 28
No.1 Co.,Ltd (TSE:3562) announces an Equity Buyback for 279,700 shares, representing 3.99% for ¥630.72 million. No.1 Co.,Ltd (TSE:3562) announces a share repurchase program. Under the program, the company will repurchase 279,700 shares, representing 3.99% of the outstanding shares for ¥630.72 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency in light of a major shareholder's intention to sell a portion of their shares. The program will run until July 29, 2025. As of the end of February 2025, the company had 7,018,500 shares outstanding and 214,210 shares in treasury. Reported Earnings • Jul 16
First quarter 2026 earnings released: EPS: JP¥6.17 (vs JP¥12.44 in 1Q 2025) First quarter 2026 results: EPS: JP¥6.17 (down from JP¥12.44 in 1Q 2025). Revenue: JP¥3.77b (up 18% from 1Q 2025). Net income: JP¥42.0m (down 48% from 1Q 2025). Profit margin: 1.1% (down from 2.5% in 1Q 2025). 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 increased by 31% per year, which means it is well ahead of earnings. Announcement • Jun 26
No.1 Co.,Ltd (TSE:3562) agreed to acquire i-station Co., Ltd. from INT Co. , Ltd for ¥1.4 billion. No.1 Co.,Ltd (TSE:3562) agreed to acquire i-station Co., Ltd. from INT Co. , Ltd for ¥1.4 billion on June 26, 2025. As part of the acquisition, No.1 Co.,Ltd will acquire 20 shares in i-station Co., Ltd. As part of consideration, ¥1.4 billion will be payable for the common stock of i-Station Co., Ltd and an additional ¥13 million will be paid for the advisory fees. The transaction also includes the acquisition of i-station Co., Ltd's subsidiary Gloria Co., Ltd. For the period ended March 31, 2025, i-station Co., Ltd. reported net worth of approximately ¥210 million, total assets of ¥1.9 billion, sales of ¥3.3 billion, operating profit of ¥28 million and ordinary profit of ¥29 million. The transaction is expected to close on July 1, 2025. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥85.79 (vs JP¥136 in FY 2024) Full year 2025 results: EPS: JP¥85.79 (down from JP¥136 in FY 2024). Revenue: JP¥14.2b (up 5.6% from FY 2024). Net income: JP¥574.0m (down 35% from FY 2024). Profit margin: 4.0% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • May 27
No.1 Co.,Ltd to Report Q1, 2026 Results on Jul 11, 2025 No.1 Co.,Ltd announced that they will report Q1, 2026 results on Jul 11, 2025 New Risk • Apr 12
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: 4.0% Last year net profit margin: 6.6% 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 Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (JP¥11.9b market cap, or US$82.6m). Reported Earnings • Apr 12
Full year 2025 earnings released: EPS: JP¥85.79 (vs JP¥136 in FY 2024) Full year 2025 results: EPS: JP¥85.79 (down from JP¥136 in FY 2024). Revenue: JP¥14.2b (up 5.6% from FY 2024). Net income: JP¥574.0m (down 35% from FY 2024). Profit margin: 4.0% (down from 6.6% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Apr 11
No.1 Co.,Ltd, Annual General Meeting, May 28, 2025 No.1 Co.,Ltd, Annual General Meeting, May 28, 2025. New Risk • Apr 07
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 5.6% 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 (5.6% average weekly change). Market cap is less than US$100m (JP¥10.4b market cap, or US$71.4m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,530, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 100% over the past three years. Announcement • Feb 27
No.1 Co.,Ltd to Report Fiscal Year 2025 Results on Apr 11, 2025 No.1 Co.,Ltd announced that they will report fiscal year 2025 results on Apr 11, 2025 Upcoming Dividend • Feb 20
Upcoming dividend of JP¥17.50 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.1%). Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥11.07 (vs JP¥12.30 in 3Q 2024) Third quarter 2025 results: EPS: JP¥11.07 (down from JP¥12.30 in 3Q 2024). Revenue: JP¥3.43b (up 8.1% from 3Q 2024). Net income: JP¥75.0m (down 5.1% from 3Q 2024). Profit margin: 2.2% (down from 2.5% 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 11% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 27
No.1 Co.,Ltd to Report Q3, 2025 Results on Jan 10, 2025 No.1 Co.,Ltd announced that they will report Q3, 2025 results on Jan 10, 2025 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,015, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 3.9% over the past three years. New Risk • Oct 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Market cap is less than US$100m (JP¥5.87b market cap, or US$38.6m). Reported Earnings • Oct 15
Second quarter 2025 earnings released: EPS: JP¥20.82 (vs JP¥34.64 in 2Q 2024) Second quarter 2025 results: EPS: JP¥20.82 (down from JP¥34.64 in 2Q 2024). Revenue: JP¥3.63b (up 6.0% from 2Q 2024). Net income: JP¥141.0m (down 38% from 2Q 2024). Profit margin: 3.9% (down from 6.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Sep 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.2% to JP¥928. The fair value is estimated to be JP¥1,162, 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 19%. Announcement • Aug 27
No.1 Co.,Ltd to Report Q2, 2025 Results on Oct 11, 2024 No.1 Co.,Ltd announced that they will report Q2, 2025 results on Oct 11, 2024 Upcoming Dividend • Aug 22
Upcoming dividend of JP¥17.50 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 15 November 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.1%). 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¥830, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 21% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥830. The fair value is estimated to be JP¥1,169, 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 19%. New Risk • Aug 02
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: 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 (5.5% average weekly change). Market cap is less than US$100m (JP¥6.32b market cap, or US$42.5m). Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: JP¥12.44 (vs JP¥19.21 in 1Q 2024) First quarter 2025 results: EPS: JP¥12.44 (down from JP¥19.21 in 1Q 2024). Revenue: JP¥3.19b (up 1.1% from 1Q 2024). Net income: JP¥80.0m (down 38% from 1Q 2024). Profit margin: 2.5% (down from 4.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jun 08
No.1 Co.,Ltd to Report Q1, 2025 Results on Jul 12, 2024 No.1 Co.,Ltd announced that they will report Q1, 2025 results on Jul 12, 2024 Announcement • Apr 26
No.1 Co.,Ltd (TSE:3562) agreed to acquire OZ MODE Co., Ltd. from EPARK Co., Ltd. No.1 Co.,Ltd (TSE:3562) agreed to acquire OZ MODE Co., Ltd. from EPARK Co., Ltd. on April 24, 2024. 266 shares of No.1 Co.,Ltd will be issued for every 1 share of OZ MODE. Announcement • Apr 25
No.1 Co.,Ltd announced that it expects to receive ¥32.498752 million in funding No. 1 Co.,Ltd announced a private placement to issue 31,900 shares at an issue price of ¥940 per share for the gross proceeds of ¥29,986,000, 1,808 10th stock acquisition rights at an issue price of ¥1,319 per right for the gross proceeds of ¥2,384,752 and 2,000 11th stock acquisition rights at an issue price of ¥64 per right for the gross proceeds of ¥128,000; aggregate gross proceeds of ¥32,498,752 on April 24, 2024. The transaction will include participation from new investor Growth Partners Investment Union. The exercise price is ¥940 from May 11, 2026 to May 10, 2030 for 10th Stock Acquisition and ¥1,500 from May 11, 2028 to May 10, 2030 for 11th Stock acquisition rights. The company has disclosed the total amount is ¥502,450,752, issuance expenses is ¥6,000,000 and the net proceeds is ¥496,450,752. The transaction has been approved by the shareholders and is expected to close on May 10, 2024. Reported Earnings • Apr 14
Full year 2024 earnings released: EPS: JP¥136 (vs JP¥139 in FY 2023) Full year 2024 results: EPS: JP¥136 (down from JP¥139 in FY 2023). Revenue: JP¥13.5b (up 1.1% from FY 2023). Net income: JP¥886.0m (down 2.7% from FY 2023). Profit margin: 6.6% (down from 6.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Apr 14
No.1 Co.,Ltd, Annual General Meeting, May 29, 2024 No.1 Co.,Ltd, Annual General Meeting, May 29, 2024. Announcement • Feb 29
No.1 Co.,Ltd to Report Fiscal Year 2024 Results on Apr 12, 2024 No.1 Co.,Ltd announced that they will report fiscal year 2024 results on Apr 12, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥16.50 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.8%). Reported Earnings • Jan 14
Third quarter 2024 earnings released: EPS: JP¥12.30 (vs JP¥14.18 in 3Q 2023) Third quarter 2024 results: EPS: JP¥12.30 (down from JP¥14.18 in 3Q 2023). Revenue: JP¥3.17b (up 6.7% from 3Q 2023). Net income: JP¥79.0m (down 15% from 3Q 2023). Profit margin: 2.5% (down from 3.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Nov 08
No.1 Co.,Ltd to Report Q3, 2024 Results on Jan 12, 2024 No.1 Co.,Ltd announced that they will report Q3, 2024 results on Jan 12, 2024 Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: JP¥34.64 (vs JP¥73.25 in 2Q 2023) Second quarter 2024 results: EPS: JP¥34.64 (down from JP¥73.25 in 2Q 2023). Revenue: JP¥3.43b (down 3.2% from 2Q 2023). Net income: JP¥227.0m (down 53% from 2Q 2023). Profit margin: 6.6% (down from 14% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Aug 30
No.1 Co.,Ltd to Report Q2, 2024 Results on Oct 13, 2023 No.1 Co.,Ltd announced that they will report Q2, 2024 results on Oct 13, 2023 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥16.50 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 15 November 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.9%). Reported Earnings • Jul 18
First quarter 2024 earnings released: EPS: JP¥19.21 (vs JP¥11.91 in 1Q 2023) First quarter 2024 results: EPS: JP¥19.21 (up from JP¥11.91 in 1Q 2023). Revenue: JP¥3.16b (up 2.6% from 1Q 2023). Net income: JP¥129.0m (up 65% from 1Q 2023). Profit margin: 4.1% (up from 2.5% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥139 (vs JP¥81.10 in FY 2022) Full year 2023 results: EPS: JP¥139 (up from JP¥81.10 in FY 2022). Revenue: JP¥13.3b (down 4.4% from FY 2022). Net income: JP¥911.0m (up 72% from FY 2022). Profit margin: 6.8% (up from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • May 28
No.1 Co.,Ltd to Report Q1, 2024 Results on Jul 14, 2023 No.1 Co.,Ltd announced that they will report Q1, 2024 results on Jul 14, 2023 Announcement • May 10
No.1 Co.,Ltd (TSE:3562) announces an Equity Buyback for 340,000 shares, representing 4.93% for ¥510 million. No.1 Co.,Ltd (TSE:3562) announces a share repurchase program. Under the program, the company will repurchase 340,000 shares, representing 4.93% of the outstanding shares for ¥510 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will run until August 31, 2023. As of April 30, 2023, the company had 6,893,960 shares outstanding and 193,410 shares in treasury. Reported Earnings • Apr 16
Full year 2023 earnings released: EPS: JP¥139 (vs JP¥81.10 in FY 2022) Full year 2023 results: EPS: JP¥139 (up from JP¥81.10 in FY 2022). Revenue: JP¥13.3b (down 4.4% from FY 2022). Net income: JP¥911.0m (up 72% from FY 2022). Profit margin: 6.8% (up from 3.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 41% per year and the company’s share price has also increased by 41% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥21.50 per share at 2.3% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.2%). Announcement • Feb 08
No.1 Co.,Ltd to Report Fiscal Year 2023 Results on Apr 14, 2023 No.1 Co.,Ltd announced that they will report fiscal year 2023 results on Apr 14, 2023 Reported Earnings • Jan 14
Third quarter 2023 earnings released: EPS: JP¥14.18 (vs JP¥3.06 in 3Q 2022) Third quarter 2023 results: EPS: JP¥14.18 (up from JP¥3.06 in 3Q 2022). Revenue: JP¥2.97b (down 8.5% from 3Q 2022). Net income: JP¥93.0m (up 365% from 3Q 2022). Profit margin: 3.1% (up from 0.6% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Dec 04
No.1 Co.,Ltd to Report Q3, 2023 Results on Jan 13, 2023 No.1 Co.,Ltd announced that they will report Q3, 2023 results on Jan 13, 2023 Board Change • Nov 16
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. 5 non-independent directors. Managing Executive Officer, GM of Corporate Business Headquarters & Director Yasunori Kuwashima was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥1,040, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 105% over the past three years. Reported Earnings • Oct 17
Second quarter 2023 earnings released: EPS: JP¥73.25 (vs JP¥19.47 in 2Q 2022) Second quarter 2023 results: EPS: JP¥73.25 (up from JP¥19.47 in 2Q 2022). Revenue: JP¥3.54b (flat on 2Q 2022). Net income: JP¥480.0m (up 278% from 2Q 2022). Profit margin: 14% (up from 3.6% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Aug 28
No.1 Co.,Ltd to Report Q2, 2023 Results on Oct 14, 2022 No.1 Co.,Ltd announced that they will report Q2, 2023 results on Oct 14, 2022 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥10.50 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 15 November 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Jul 18
First quarter 2023 earnings released: EPS: JP¥11.91 (vs JP¥12.01 in 1Q 2022) First quarter 2023 results: EPS: JP¥11.91 (down from JP¥12.01 in 1Q 2022). Revenue: JP¥3.08b (down 4.3% from 1Q 2022). Net income: JP¥78.0m (down 1.3% from 1Q 2022). Profit margin: 2.5% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: JP¥81.10 (vs JP¥64.20 in FY 2021) Full year 2022 results: EPS: JP¥81.10 (up from JP¥64.20 in FY 2021). Revenue: JP¥13.9b (up 18% from FY 2021). Net income: JP¥531.0m (up 32% from FY 2021). Profit margin: 3.8% (up from 3.4% 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 31% per year whereas the company’s share price has increased by 32% per year. Announcement • May 29
No.1 Co.,Ltd to Report Q1, 2023 Results on Jul 14, 2022 No.1 Co.,Ltd announced that they will report Q1, 2023 results on Jul 14, 2022 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. 5 non-independent directors. Managing Executive Officer, GM of Corporate Business Headquarters & Director Yasunori Kuwashima was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 16
No.1 Co.,Ltd, Annual General Meeting, May 27, 2022 No.1 Co.,Ltd, Annual General Meeting, May 27, 2022. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: JP¥81.09 (vs JP¥64.20 in FY 2021) Full year 2022 results: EPS: JP¥81.09 (up from JP¥64.20 in FY 2021). Revenue: JP¥13.9b (up 18% from FY 2021). Net income: JP¥531.0m (up 32% from FY 2021). Profit margin: 3.8% (up from 3.4% 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 31% per year whereas the company’s share price has increased by 26% per year. Announcement • Apr 08
No.1 Co.,Ltd to Report Fiscal Year 2022 Results on Apr 14, 2022 No.1 Co.,Ltd announced that they will report fiscal year 2022 results on Apr 14, 2022 Upcoming Dividend • Feb 18
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.4%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment deteriorated over the past week After last week's 19% share price decline to JP¥766, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 162% over the past three years. Reported Earnings • Jan 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥3.06 (down from JP¥18.53 in 3Q 2021). Revenue: JP¥3.25b (flat on 3Q 2021). Net income: JP¥20.0m (down 83% from 3Q 2021). Profit margin: 0.6% (down from 3.6% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 15
Second quarter 2022 earnings released: EPS JP¥19.47 (vs JP¥26.04 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥3.53b (up 13% from 2Q 2021). Net income: JP¥127.0m (down 21% from 2Q 2021). Profit margin: 3.6% (down from 5.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 41% per year. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 16 November 2021. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (2.0%). Reported Earnings • Jul 16
First quarter 2022 earnings released: EPS JP¥12.01 (vs JP¥7.65 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¥3.21b (up 65% from 1Q 2021). Net income: JP¥79.0m (up JP¥126.0m from 1Q 2021). Profit margin: 2.5% (up from net loss in 1Q 2021). The move to profitability 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 increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 30
Full year 2021 earnings released: EPS JP¥64.20 (vs JP¥43.16 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥11.8b (up 34% from FY 2020). Net income: JP¥403.0m (up 52% from FY 2020). Profit margin: 3.4% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS JP¥64.20 (vs JP¥43.16 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥11.8b (up 34% from FY 2020). Net income: JP¥403.0m (up 52% from FY 2020). Profit margin: 3.4% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 15
No.1 Co.,Ltd (JASDAQ:3562) announces an Equity Buyback for 100,000 shares, representing 1.51% for ¥175.2 million. No.1 Co.,Ltd (JASDAQ:3562) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 1.51% of the outstanding shares for ¥175.2 million. The purpose of the program is to return profits to shareholders and implement a flexible capital policy in response to changes in the business environment. The program will run until April 14, 2022. As of February 28, 2021, the company had 6,611,174 shares outstanding and 93,386 shares in treasury. Announcement • Mar 04
No.1 Co.,Ltd to Report Fiscal Year 2021 Results on Apr 14, 2021 No.1 Co.,Ltd announced that they will report fiscal year 2021 results on Apr 14, 2021 Reported Earnings • Jan 15
Third quarter 2021 earnings released: EPS JP¥18.53 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥3.25b (up 58% from 3Q 2020). Net income: JP¥116.0m (up JP¥113.0m from 3Q 2020). Profit margin: 3.6% (up from 0.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥1,289 The company is down 27% from its price of JP¥1,778 on 23 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 down 2.0% over the same period. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 17% share price gain to JP¥1,692, the stock is trading at a trailing P/E ratio of 37.2x, up from the previous P/E ratio of 31.7x. This compares to an average P/E of 15x in the Commercial Services industry in Japan. Total returns to shareholders over the past three years are 211%. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 19% share price gain to JP¥1,607, the stock is trading at a trailing P/E ratio of 35.4x, up from the previous P/E ratio of 29.8x. This compares to an average P/E of 14x in the Commercial Services industry in Japan. Total returns to shareholders over the past three years are 213%.