Announcement • Jun 09
AlphaPurchase Corporation to Report Q2, 2026 Results on Aug 10, 2026 AlphaPurchase Corporation announced that they will report Q2, 2026 results on Aug 10, 2026 Reported Earnings • May 19
First quarter 2026 earnings released: EPS: JP¥29.30 (vs JP¥28.76 in 1Q 2025) First quarter 2026 results: EPS: JP¥29.30 (up from JP¥28.76 in 1Q 2025). Revenue: JP¥15.3b (up 6.2% from 1Q 2025). Net income: JP¥287.0m (up 2.9% from 1Q 2025). Profit margin: 1.9% (in line with 1Q 2025). Reported Earnings • Mar 30
Full year 2025 earnings released: EPS: JP¥106 (vs JP¥89.64 in FY 2024) Full year 2025 results: EPS: JP¥106 (up from JP¥89.64 in FY 2024). Revenue: JP¥58.9b (up 5.3% from FY 2024). Net income: JP¥1.03b (up 19% from FY 2024). Profit margin: 1.7% (up from 1.5% 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 8% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Mar 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$98.1m) 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: Major Risk High level of non-cash earnings (119% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 36x cash flows per share). Market cap is less than US$100m (JP¥15.6b market cap, or US$98.1m). Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥106 (vs JP¥89.64 in FY 2024) Full year 2025 results: EPS: JP¥106 (up from JP¥89.64 in FY 2024). Revenue: JP¥58.9b (up 5.3% from FY 2024). Net income: JP¥1.03b (up 19% from FY 2024). Profit margin: 1.7% (up from 1.5% 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 8% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to JP¥1,881. The fair value is estimated to be JP¥2,369, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 7.7%. Announcement • Feb 13
AlphaPurchase Corporation, Annual General Meeting, Mar 26, 2026 AlphaPurchase Corporation, Annual General Meeting, Mar 26, 2026. Announcement • Dec 27
AlphaPurchase Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026 AlphaPurchase Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥37.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: JP¥21.77 (vs JP¥20.45 in 3Q 2024) Third quarter 2025 results: EPS: JP¥21.77 (up from JP¥20.45 in 3Q 2024). Revenue: JP¥14.2b (up 4.5% from 3Q 2024). Net income: JP¥211.0m (up 6.9% from 3Q 2024). Profit margin: 1.5% (in line with 3Q 2024). Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,528, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 166% over the past year. Announcement • Sep 02
AlphaPurchase Corporation to Report Q3, 2025 Results on Nov 13, 2025 AlphaPurchase Corporation announced that they will report Q3, 2025 results on Nov 13, 2025 Declared Dividend • Aug 10
Dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 1.1%, which is lower than the industry average of 1.8%. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: JP¥23.41 (vs JP¥21.17 in 2Q 2024) Second quarter 2025 results: EPS: JP¥23.41 (up from JP¥21.17 in 2Q 2024). Revenue: JP¥14.2b (up 7.5% from 2Q 2024). Net income: JP¥227.1m (up 11% from 2Q 2024). Profit margin: 1.6% (up from 1.5% in 2Q 2024). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,859, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 165% over the past year. Announcement • Jun 03
AlphaPurchase Corporation to Report Q2, 2025 Results on Aug 08, 2025 AlphaPurchase Corporation announced that they will report Q2, 2025 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,386, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 118% over the past year. Reported Earnings • May 18
First quarter 2025 earnings released: EPS: JP¥28.66 (vs JP¥19.94 in 1Q 2024) First quarter 2025 results: EPS: JP¥28.66 (up from JP¥19.94 in 1Q 2024). Revenue: JP¥14.4b (up 6.3% from 1Q 2024). Net income: JP¥278.0m (up 45% from 1Q 2024). Profit margin: 1.9% (up from 1.4% in 1Q 2024). The increase in margin was driven by higher revenue. New Risk • May 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,139, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 98% over the past year. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,650, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 50% over the past year. New Risk • Mar 12
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 5.3% 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. This is currently the only risk that has been identified for the company. Announcement • Mar 04
Alpha Purchase Co., Ltd. to Report Q1, 2025 Results on May 14, 2025 Alpha Purchase Co., Ltd. announced that they will report Q1, 2025 results on May 14, 2025 Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: JP¥89.64 (vs JP¥89.43 in FY 2023) Full year 2024 results: EPS: JP¥89.64 (up from JP¥89.43 in FY 2023). Revenue: JP¥56.0b (up 7.7% from FY 2023). Net income: JP¥865.0m (up 1.8% from FY 2023). Profit margin: 1.5% (down from 1.6% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • Feb 14
Alpha Purchase Co., Ltd., Annual General Meeting, Mar 26, 2025 Alpha Purchase Co., Ltd., Annual General Meeting, Mar 26, 2025. Announcement • Jan 03
Alpha Purchase Co., Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025 Alpha Purchase Co., Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025 Upcoming Dividend • Dec 20
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 27 March 2025. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.1%). New Risk • Nov 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 67% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (67% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥10.2b market cap, or US$65.9m). Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: JP¥20.45 (vs JP¥15.12 in 3Q 2023) Third quarter 2024 results: EPS: JP¥20.45 (up from JP¥15.12 in 3Q 2023). Revenue: JP¥13.6b (up 9.4% from 3Q 2023). Net income: JP¥197.4m (up 37% from 3Q 2023). Profit margin: 1.5% (up from 1.2% in 3Q 2023). The increase in margin was driven by higher revenue. New Risk • Nov 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 8.2% 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 (8.2% average weekly change). Market cap is less than US$100m (JP¥9.58b market cap, or US$62.6m). Announcement • Aug 27
Alpha Purchase Co., Ltd. to Report Q3, 2024 Results on Nov 14, 2024 Alpha Purchase Co., Ltd. announced that they will report Q3, 2024 results on Nov 14, 2024 Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: JP¥21.24 (vs JP¥15.12 in 2Q 2023) Second quarter 2024 results: EPS: JP¥21.24 (up from JP¥15.12 in 2Q 2023). Revenue: JP¥13.2b (up 6.6% from 2Q 2023). Net income: JP¥204.7m (up 42% from 2Q 2023). Profit margin: 1.5% (up from 1.2% in 2Q 2023). The increase in margin was driven by higher revenue. Announcement • Aug 16
Alpha Purchase Co., Ltd. Provides Fiscal Year End Dividend Guidance for the Fiscal Year Ending December 31, 2024 Alpha Purchase Co., Ltd. provided fiscal year end dividend guidance for the fiscal year ending December 31, 2024. For the period, the company expects dividend of JPY 27.00 per share compared to JPY 22.00 per share a year ago. Declared Dividend • Aug 16
Dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 27th December 2024 Payment date: 27th March 2025 Dividend yield will be 2.6%, 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 (9% cash payout ratio). The dividend has increased by an average of 34% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 5.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Market cap is less than US$100m (JP¥7.98b market cap, or US$56.1m). 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¥828, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 34% over the past year. Announcement • Jun 30
Alpha Purchase Co., Ltd. to Report Q2, 2024 Results on Aug 14, 2024 Alpha Purchase Co., Ltd. announced that they will report Q2, 2024 results on Aug 14, 2024 Reported Earnings • May 20
First quarter 2024 earnings released: EPS: JP¥19.94 (vs JP¥24.71 in 1Q 2023) First quarter 2024 results: EPS: JP¥19.94 (down from JP¥24.71 in 1Q 2023). Revenue: JP¥13.6b (up 7.1% from 1Q 2023). Net income: JP¥192.0m (down 7.2% from 1Q 2023). Profit margin: 1.4% (down from 1.6% in 1Q 2023). The decrease in margin was driven by higher expenses. New Risk • Mar 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% 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: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (JP¥10.8b market cap, or US$71.5m). Announcement • Mar 07
Alpha Purchase Co., Ltd. to Report Q1, 2024 Results on May 15, 2024 Alpha Purchase Co., Ltd. announced that they will report Q1, 2024 results on May 15, 2024 Announcement • Feb 16
Alpha Purchase Co., Ltd., Annual General Meeting, Mar 26, 2024 Alpha Purchase Co., Ltd., Annual General Meeting, Mar 26, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥20.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 25 March 2024. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.9%). Announcement • Dec 05
Alpha Purchase Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 Alpha Purchase Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 New Risk • Nov 29
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 Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥11.6b market cap, or US$78.3m). New Risk • Oct 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (JP¥10.3b market cap, or US$69.5m). Announcement • Aug 27
Alpha Purchase Co., Ltd. to Report Q3, 2023 Results on Nov 14, 2023 Alpha Purchase Co., Ltd. announced that they will report Q3, 2023 results on Nov 14, 2023 Announcement • May 28
Alpha Purchase Co., Ltd. to Report Q2, 2023 Results on Aug 14, 2023 Alpha Purchase Co., Ltd. announced that they will report Q2, 2023 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,157, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: JP¥84.89 (vs JP¥61.85 in FY 2021) Full year 2022 results: EPS: JP¥84.89 (up from JP¥61.85 in FY 2021). Revenue: JP¥44.4b (up 17% from FY 2021). Net income: JP¥704.0m (up 38% from FY 2021). Profit margin: 1.6% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥1,091, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥843, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 20x in the Professional Services industry in Japan. Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: JP¥84.89 (vs JP¥61.85 in FY 2021) Full year 2022 results: EPS: JP¥84.89 (up from JP¥61.85 in FY 2021). Revenue: JP¥44.4b (up 17% from FY 2021). Net income: JP¥704.0m (up 38% from FY 2021). Profit margin: 1.6% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue.