Reported Earnings • Mar 13
Second quarter 2026 earnings released: EPS: JP¥22.01 (vs JP¥17.70 in 2Q 2025) Second quarter 2026 results: EPS: JP¥22.01 (up from JP¥17.70 in 2Q 2025). Revenue: JP¥4.56b (up 5.5% from 2Q 2025). Net income: JP¥294.0m (up 20% from 2Q 2025). Profit margin: 6.4% (up from 5.7% 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 14% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 27
Wesco Holdings Inc. to Report Q2, 2026 Results on Mar 12, 2026 Wesco Holdings Inc. announced that they will report Q2, 2026 results on Mar 12, 2026 Reported Earnings • Dec 16
First quarter 2026 earnings released: EPS: JP¥15.99 (vs JP¥10.35 in 1Q 2025) First quarter 2026 results: EPS: JP¥15.99 (up from JP¥10.35 in 1Q 2025). Revenue: JP¥4.09b (up 4.5% from 1Q 2025). Net income: JP¥216.0m (up 47% from 1Q 2025). Profit margin: 5.3% (up from 3.8% 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 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Oct 08
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 5.1% 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 Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (JP¥11.6b market cap, or US$76.5m). Announcement • Sep 27
Wesco Holdings Inc. to Report Q1, 2026 Results on Dec 12, 2025 Wesco Holdings Inc. announced that they will report Q1, 2026 results on Dec 12, 2025 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥943, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 17x in the Professional Services industry in Japan. Total returns to shareholders of 130% over the past three years. Reported Earnings • Sep 15
Full year 2025 earnings released: EPS: JP¥56.01 (vs JP¥52.26 in FY 2024) Full year 2025 results: EPS: JP¥56.01 (up from JP¥52.26 in FY 2024). Revenue: JP¥16.1b (up 2.5% from FY 2024). Net income: JP¥774.0m (flat on FY 2024). Profit margin: 4.8% (down from 4.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 July 2025. Payment date: 30 October 2025. Payout ratio is a comfortable 37% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (1.2%). Announcement • Jul 02
Wesco Holdings Inc. to Report Fiscal Year 2025 Results on Sep 12, 2025 Wesco Holdings Inc. announced that they will report fiscal year 2025 results on Sep 12, 2025 Reported Earnings • Jun 14
Third quarter 2025 earnings released: EPS: JP¥22.10 (vs JP¥21.00 in 3Q 2024) Third quarter 2025 results: EPS: JP¥22.10. Revenue: JP¥4.14b (down 1.3% from 3Q 2024). Net income: JP¥301.0m (down 2.9% from 3Q 2024). Profit margin: 7.3% (down from 7.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Announcement • Apr 02
Wesco Holdings Inc. to Report Q3, 2025 Results on Jun 12, 2025 Wesco Holdings Inc. announced that they will report Q3, 2025 results on Jun 12, 2025 Reported Earnings • Mar 14
Second quarter 2025 earnings released: EPS: JP¥17.70 (vs JP¥13.31 in 2Q 2024) Second quarter 2025 results: EPS: JP¥17.70 (up from JP¥13.31 in 2Q 2024). Revenue: JP¥4.32b (up 7.9% from 2Q 2024). Net income: JP¥245.0m (up 25% from 2Q 2024). Profit margin: 5.7% (up from 4.9% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 17
Wesco Holdings Inc. to Report Q2, 2025 Results on Mar 13, 2025 Wesco Holdings Inc. announced that they will report Q2, 2025 results on Mar 13, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (JP¥8.58b market cap, or US$54.4m). Reported Earnings • Dec 16
First quarter 2025 earnings released: EPS: JP¥10.35 (vs JP¥7.61 in 1Q 2024) First quarter 2025 results: EPS: JP¥10.35 (up from JP¥7.61 in 1Q 2024). Revenue: JP¥3.92b (up 4.5% from 1Q 2024). Net income: JP¥147.0m (up 31% from 1Q 2024). Profit margin: 3.8% (up from 3.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Dec 13
Wesco Holdings Inc. (TSE:6091) announces an Equity Buyback for 650,000 shares, representing 4.58% for ¥397.15 million. Wesco Holdings Inc. (TSE:6091) announces a share repurchase program. Under the program, the company will repurchase up to 650,000 shares, representing 4.58% of its issued share capital, for ¥397.15 million at a price of ¥611 per share. The purpose of the program is to enhance shareholder returns by improving capital efficiency and implementing flexible capital policies. The program will be valid till December 16, 2024. As of November 30, 2024, the company had 14,183,670 issued shares (excluding treasury stock) and 150,083 shares in treasury. Board Change • Dec 05
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Shiro Maeno was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 28
Wesco Holdings Inc. to Report Q1, 2025 Results on Dec 13, 2024 Wesco Holdings Inc. announced that they will report Q1, 2025 results on Dec 13, 2024 Reported Earnings • Sep 17
Full year 2024 earnings released: EPS: JP¥52.26 (vs JP¥45.67 in FY 2023) Full year 2024 results: EPS: JP¥52.26 (up from JP¥45.67 in FY 2023). Revenue: JP¥15.7b (flat on FY 2023). Net income: JP¥768.0m (up 14% from FY 2023). Profit margin: 4.9% (up from 4.3% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Sep 12
Wesco Holdings Inc., Annual General Meeting, Oct 29, 2024 Wesco Holdings Inc., Annual General Meeting, Oct 29, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥489, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 16x in the Professional Services industry in Japan. Total returns to shareholders of 21% over the past three years. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (0.9%). Announcement • Jul 04
Wesco Holdings Inc. to Report Fiscal Year 2024 Results on Sep 12, 2024 Wesco Holdings Inc. announced that they will report fiscal year 2024 results on Sep 12, 2024 Reported Earnings • Jun 16
Third quarter 2024 earnings released: EPS: JP¥21.00 (vs JP¥18.01 in 3Q 2023) Third quarter 2024 results: EPS: JP¥21.00 (up from JP¥18.01 in 3Q 2023). Revenue: JP¥4.19b (up 6.7% from 3Q 2023). Net income: JP¥310.0m (up 17% from 3Q 2023). Profit margin: 7.4% (up from 6.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Jun 13
Wesco Holdings Inc. (TSE:6091) announces an Equity Buyback for 600,000 shares, representing 4.06% for ¥450 million. Wesco Holdings Inc. (TSE:6091) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 4.06% of its issued share capital, for ¥450 million. The purpose of the program is to implement a flexible capital policy that aims to optimize capital structure. The program will be valid till August 13, 2024. As of May 31, 2024, the company had 14,783,698 issued shares (excluding treasury stock) and 150,055 shares in treasury. Announcement • Mar 31
Wesco Holdings Inc. to Report Q3, 2024 Results on Jun 12, 2024 Wesco Holdings Inc. announced that they will report Q3, 2024 results on Jun 12, 2024 Reported Earnings • Mar 14
Second quarter 2024 earnings released: EPS: JP¥13.31 (vs JP¥10.87 in 2Q 2023) Second quarter 2024 results: EPS: JP¥13.31 (up from JP¥10.87 in 2Q 2023). Revenue: JP¥4.01b (down 2.5% from 2Q 2023). Net income: JP¥196.0m (up 23% from 2Q 2023). Profit margin: 4.9% (up from 3.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jan 11
Wesco Holdings Inc. to Report Q2, 2024 Results on Mar 13, 2024 Wesco Holdings Inc. announced that they will report Q2, 2024 results on Mar 13, 2024 Reported Earnings • Dec 16
First quarter 2024 earnings released: EPS: JP¥7.61 (vs JP¥8.36 in 1Q 2023) First quarter 2024 results: EPS: JP¥7.61 (down from JP¥8.36 in 1Q 2023). Revenue: JP¥3.75b (flat on 1Q 2023). Net income: JP¥112.0m (down 8.9% from 1Q 2023). Profit margin: 3.0% (down from 3.2% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Announcement • Oct 01
Wesco Holdings Inc. to Report Q1, 2024 Results on Dec 13, 2023 Wesco Holdings Inc. announced that they will report Q1, 2024 results on Dec 13, 2023 Reported Earnings • Sep 18
Full year 2023 earnings released: EPS: JP¥45.67 (vs JP¥52.60 in FY 2022) Full year 2023 results: EPS: JP¥45.67 (down from JP¥52.60 in FY 2022). Revenue: JP¥15.6b (flat on FY 2022). Net income: JP¥672.0m (down 13% from FY 2022). Profit margin: 4.3% (down from 4.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 7% per year. Announcement • Sep 14
Wesco Holdings Inc., Annual General Meeting, Oct 26, 2023 Wesco Holdings Inc., Annual General Meeting, Oct 26, 2023. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥16.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 28 October 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.3%). Reported Earnings • Jun 13
Third quarter 2023 earnings released: EPS: JP¥18.01 (vs JP¥21.47 in 3Q 2022) Third quarter 2023 results: EPS: JP¥18.01 (down from JP¥21.47 in 3Q 2022). Revenue: JP¥3.93b (down 6.4% from 3Q 2022). Net income: JP¥265.0m (down 16% from 3Q 2022). Profit margin: 6.7% (down from 7.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Mar 15
Second quarter 2023 earnings released: EPS: JP¥10.87 (vs JP¥14.34 in 2Q 2022) Second quarter 2023 results: EPS: JP¥10.87 (down from JP¥14.34 in 2Q 2022). Revenue: JP¥4.11b (down 6.1% from 2Q 2022). Net income: JP¥160.0m (down 24% from 2Q 2022). Profit margin: 3.9% (down from 4.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year. Announcement • Jan 04
Wesco Holdings Inc. to Report Q2, 2023 Results on Mar 13, 2023 Wesco Holdings Inc. announced that they will report Q2, 2023 results on Mar 13, 2023 Reported Earnings • Dec 14
First quarter 2023 earnings released: EPS: JP¥8.36 (vs JP¥12.37 in 1Q 2022) First quarter 2023 results: EPS: JP¥8.36 (down from JP¥12.37 in 1Q 2022). Revenue: JP¥3.79b (up 16% from 1Q 2022). Net income: JP¥123.0m (down 32% from 1Q 2022). Profit margin: 3.2% (down from 5.6% 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 2% per year whereas the company’s share price has fallen by 3% per year. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. No independent directors (4 non-independent directors). External Director Kyozo Chiba was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Full year 2022 earnings released: EPS: JP¥52.60 (vs JP¥52.49 in FY 2021) Full year 2022 results: EPS: JP¥52.60. Revenue: JP¥15.7b (up 14% from FY 2021). Net income: JP¥774.0m (down 1.3% from FY 2021). Profit margin: 4.9% (down from 5.7% in FY 2021). The decrease in margin was driven by higher expenses. Announcement • Oct 02
Wesco Holdings Inc. to Report Q1, 2023 Results on Dec 12, 2022 Wesco Holdings Inc. announced that they will report Q1, 2023 results on Dec 12, 2022 Announcement • Sep 15
Wesco Holdings Inc., Annual General Meeting, Oct 27, 2022 Wesco Holdings Inc., Annual General Meeting, Oct 27, 2022. Reported Earnings • Sep 15
Full year 2022 earnings released: EPS: JP¥52.60 (vs JP¥52.49 in FY 2021) Full year 2022 results: EPS: JP¥52.60. Revenue: JP¥15.7b (up 14% from FY 2021). Net income: JP¥774.0m (down 1.3% from FY 2021). Profit margin: 4.9% (down from 5.7% in FY 2021). The decrease in margin was driven by higher expenses. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥16.00 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 49% and the cash payout ratio is 79%. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%). Announcement • Jul 02
Wesco Holdings Inc. to Report Fiscal Year 2022 Results on Sep 13, 2022 Wesco Holdings Inc. announced that they will report fiscal year 2022 results on Sep 13, 2022 Reported Earnings • Jun 14
Third quarter 2022 earnings released: EPS: JP¥21.47 (vs JP¥60.22 in 3Q 2021) Third quarter 2022 results: EPS: JP¥21.47 (down from JP¥60.22 in 3Q 2021). Revenue: JP¥4.20b (down 22% from 3Q 2021). Net income: JP¥316.0m (down 65% from 3Q 2021). Profit margin: 7.5% (down from 17% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. 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. 3 experienced directors. 4 highly experienced directors. No independent directors (4 non-independent directors). External Director Kyozo Chiba was the last director to join the board, commencing their role in 2015. 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
Wesco Holdings Inc. to Report Q3, 2022 Results on Jun 13, 2022 Wesco Holdings Inc. announced that they will report Q3, 2022 results on Jun 13, 2022 Reported Earnings • Mar 15
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥14.34 (up from JP¥9.86 in 2Q 2021). Revenue: JP¥4.37b (up 91% from 2Q 2021). Net income: JP¥211.0m (up 42% from 2Q 2021). Profit margin: 4.8% (down from 6.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Dec 19
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥12.37 (up from JP¥1.99 loss in 1Q 2021). Revenue: JP¥3.27b (up 129% from 1Q 2021). Net income: JP¥182.0m (up JP¥212.0m from 1Q 2021). Profit margin: 5.6% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Nov 02
Full year 2021 earnings released: EPS JP¥52.49 (vs JP¥34.12 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥13.8b (flat on FY 2020). Net income: JP¥784.0m (up 53% from FY 2020). Profit margin: 5.7% (up from 3.7% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Sep 18
Full year 2021 earnings released: EPS JP¥52.49 (vs JP¥34.12 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: JP¥13.8b (flat on FY 2020). Net income: JP¥784.0m (up 53% from FY 2020). Profit margin: 5.7% (up from 3.7% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 28 October 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (0.7%). Reported Earnings • Jun 19
Third quarter 2021 earnings released: EPS JP¥60.22 (vs JP¥45.33 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥5.37b (up 4.2% from 3Q 2020). Net income: JP¥893.0m (up 31% from 3Q 2020). Profit margin: 17% (up from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Mar 14
Second quarter 2021 earnings released: EPS JP¥9.86 (vs JP¥5.64 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.29b (up 6.7% from 2Q 2020). Net income: JP¥149.0m (up 75% from 2Q 2020). Profit margin: 6.5% (up from 4.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 01
New 90-day high: JP¥470 The company is up 10.0% from its price of JP¥427 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Professional Services industry, which is also up 10.0% over the same period. Announcement • Dec 27
Wesco Holdings Inc. to Report Q2, 2021 Results on Mar 12, 2021 Wesco Holdings Inc. announced that they will report Q2, 2021 results on Mar 12, 2021 Reported Earnings • Dec 13
First quarter 2021 earnings released: JP¥1.99 loss per share The company reported a poor first quarter result with weaker earnings, revenues and control over expenses. First quarter 2021 results: Revenue: JP¥1.43b (down 29% from 1Q 2020). Net loss: JP¥30.0m (down 132% from profit in 1Q 2020). 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 6% per year, which means it is well ahead of earnings. Announcement • Sep 27
Wesco Holdings Inc. to Report Q1, 2021 Results on Dec 11, 2020 Wesco Holdings Inc. announced that they will report Q1, 2021 results on Dec 11, 2020 Announcement • Jul 17
Wesco Holdings Inc. to Report Fiscal Year 2020 Results on Sep 11, 2020 Wesco Holdings Inc. announced that they will report fiscal year 2020 results on Sep 11, 2020