Reported Earnings • Apr 04
Full year 2025 earnings released: EPS: JP¥135 (vs JP¥110 in FY 2024) Full year 2025 results: EPS: JP¥135 (up from JP¥110 in FY 2024). Revenue: JP¥9.40b (up 21% from FY 2024). Net income: JP¥329.0m (up 28% from FY 2024). Profit margin: 3.5% (up from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 16
Full year 2025 earnings released: EPS: JP¥135 (vs JP¥110 in FY 2024) Full year 2025 results: EPS: JP¥135 (up from JP¥110 in FY 2024). Revenue: JP¥9.40b (up 21% from FY 2024). Net income: JP¥329.0m (up 28% from FY 2024). Profit margin: 3.5% (up from 3.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥32.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 March 2026. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (2.0%). Announcement • Dec 03
IMAGE MAGIC Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 IMAGE MAGIC Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 New Risk • Oct 14
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 5.2% 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: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥3.74b market cap, or US$24.6m). Announcement • Sep 05
IMAGE MAGIC Inc. (TSE:7793) announces an Equity Buyback for 20,000 shares, representing 0.79% for ¥50 million. IMAGE MAGIC Inc. (TSE:7793) announces a share repurchase program. Under the program, the company will repurchase up to 20,000 shares of common stock, representing 0.79% of its issued share capital, for ¥50 million. The purpose of the buyback is to improve shareholder returns and capital efficiency, as well as to implement a flexible capital policy that responds to changes in the business environment. The program will expire on November 12, 2025. As of August 31, 2025, the company had 2,522,235 shares issued excluding treasury shares and 40,056 treasury shares. Announcement • Sep 01
IMAGE MAGIC Inc. to Report Q3, 2025 Results on Nov 14, 2025 IMAGE MAGIC Inc. announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • Aug 16
Second quarter 2025 earnings released Second quarter 2025 results: EPS: JP¥58.19. Net income: JP¥140.0m (up JP¥140.0m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,611, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total returns to shareholders of 42% over the past three years. Reported Earnings • May 21
First quarter 2025 earnings released First quarter 2025 results: JP¥10.05 loss per share. Net loss: JP¥24.0m (flat on 1Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • May 16
IMAGE MAGIC Inc. (TSE:7793) announces an Equity Buyback for 40,000 shares, representing 1.67% for ¥100 million. IMAGE MAGIC Inc. (TSE:7793) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares of common stock, representing 1.67% of its issued share capital, for ¥100 million. The purpose of the buyback is to improve shareholder returns and capital efficiency, as well as to implement a flexible capital policy that responds to changes in the business environment. The program will expire on November 30, 2025. As of April 30, 2025, the company had 2,390,644 shares issued excluding treasury shares and 56 treasury shares. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥1,044, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 49% over the past three years. Reported Earnings • Apr 05
Full year 2024 earnings released: EPS: JP¥110 (vs JP¥104 in FY 2023) Full year 2024 results: EPS: JP¥110 (up from JP¥104 in FY 2023). Revenue: JP¥7.77b (up 27% from FY 2023). Net income: JP¥258.0m (up 6.9% from FY 2023). Profit margin: 3.3% (down from 3.9% 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 24% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Mar 22
IMAGE MAGIC Inc. to Report Q1, 2025 Results on May 15, 2025 IMAGE MAGIC Inc. announced that they will report Q1, 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,410, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 26% over the past three years. Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: JP¥110 (vs JP¥104 in FY 2023) Full year 2024 results: EPS: JP¥110 (up from JP¥104 in FY 2023). Revenue: JP¥7.77b (up 27% from FY 2023). Net income: JP¥258.0m (up 6.9% from FY 2023). Profit margin: 3.3% (down from 3.9% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • Feb 14
IMAGE MAGIC Inc., Annual General Meeting, Mar 28, 2025 IMAGE MAGIC Inc., Annual General Meeting, Mar 28, 2025. Announcement • Dec 18
IMAGE MAGIC Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 IMAGE MAGIC Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 New Risk • Nov 14
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 3.8% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (3.8% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (JP¥2.86b market cap, or US$18.4m). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to JP¥1,534, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 16% over the past year. New Risk • Oct 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 2023 fiscal period end). Market cap is less than US$100m (JP¥2.70b market cap, or US$18.0m). Announcement • Oct 03
IMAGE MAGIC Inc. to Report Q3, 2024 Results on Nov 14, 2024 IMAGE MAGIC Inc. announced that they will report Q3, 2024 results on Nov 14, 2024 New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.8% 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 (5.8% average weekly change). Market cap is less than US$100m (JP¥1.94b market cap, or US$13.7m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥840, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Commercial Services industry in Japan. Total loss to shareholders of 27% over the past year. Announcement • Feb 16
IMAGE MAGIC Inc., Annual General Meeting, Mar 28, 2024 IMAGE MAGIC Inc., Annual General Meeting, Mar 28, 2024. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥1,325, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 58% over the past year. Reported Earnings • Dec 16
Second quarter 2024 earnings released: EPS: JP¥35.88 (vs JP¥9.52 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥35.88 (up from JP¥9.52 loss in 2Q 2023). Revenue: JP¥1.70b (up 30% from 2Q 2023). Net income: JP¥83.0m (up JP¥105.0m from 2Q 2023). Profit margin: 4.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. New Risk • Sep 16
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (JP¥3.12b market cap, or US$21.1m). Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥1,351, the stock trades at a trailing P/E ratio of 65.1x. Average trailing P/E is 14x in the Commercial Services industry in Japan. Total returns to shareholders of 24% over the past year. Reported Earnings • Aug 02
Full year 2023 earnings released: EPS: JP¥20.77 (vs JP¥136 in FY 2022) Full year 2023 results: EPS: JP¥20.77 (down from JP¥136 in FY 2022). Revenue: JP¥5.29b (up 8.1% from FY 2022). Net income: JP¥48.0m (down 80% from FY 2022). Profit margin: 0.9% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,095, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total loss to shareholders of 3.6% over the past year. New Risk • Jun 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% 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 Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (JP¥2.49b market cap, or US$17.5m). Reported Earnings • Jun 16
Full year 2023 earnings released: EPS: JP¥20.77 (vs JP¥136 in FY 2022) Full year 2023 results: EPS: JP¥20.77 (down from JP¥136 in FY 2022). Revenue: JP¥5.29b (up 8.1% from FY 2022). Net income: JP¥48.0m (down 80% from FY 2022). Profit margin: 0.9% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Jun 16
IMAGE MAGIC Inc., Annual General Meeting, Jul 28, 2023 IMAGE MAGIC Inc., Annual General Meeting, Jul 28, 2023. Reported Earnings • Mar 18
Third quarter 2023 earnings released: EPS: JP¥3.03 (vs JP¥18.97 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥3.03 (up from JP¥18.97 loss in 3Q 2022). Revenue: JP¥1.32b (up 24% from 3Q 2022). Net income: JP¥7.00m (up JP¥47.0m from 3Q 2022). Profit margin: 0.5% (up from net loss in 3Q 2022). Announcement • Jan 07
IMAGE MAGIC Inc. to Report Q3, 2023 Results on Mar 17, 2023 IMAGE MAGIC Inc. announced that they will report Q3, 2023 results on Mar 17, 2023 Reported Earnings • Dec 16
Second quarter 2023 earnings released: JP¥9.52 loss per share (vs JP¥18.97 loss in 2Q 2022) Second quarter 2023 results: JP¥9.52 loss per share (improved from JP¥18.97 loss in 2Q 2022). Revenue: JP¥1.31b (up 24% from 2Q 2022). Net loss: JP¥22.0m (loss narrowed 45% from 2Q 2022). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 22% share price decline to JP¥921, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,239, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 14x in the Commercial Services industry in Japan. 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. 4 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to JP¥1,035, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 14x in the Commercial Services industry in Japan. Reported Earnings • Sep 15
First quarter 2023 earnings released First quarter 2023 results: EPS: JP¥19.05. Net income: JP¥44.0m (up JP¥44.0m from 1Q 2022). Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥1,341, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Reported Earnings • Aug 03
Full year 2022 earnings released: EPS: JP¥136 (vs JP¥110 in FY 2021) Full year 2022 results: EPS: JP¥136 (up from JP¥110 in FY 2021). Revenue: JP¥4.90b (up 13% from FY 2021). Net income: JP¥234.0m (up 54% from FY 2021). Profit margin: 4.8% (up from 3.5% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥1,094, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Announcement • Jun 16
IMAGE MAGIC Inc., Annual General Meeting, Jul 28, 2022 IMAGE MAGIC Inc., Annual General Meeting, Jul 28, 2022. Reported Earnings • Jun 16
Full year 2022 earnings released: EPS: JP¥136 (vs JP¥110 in FY 2021) Full year 2022 results: EPS: JP¥136 (up from JP¥110 in FY 2021). Revenue: JP¥4.90b (up 13% from FY 2021). Net income: JP¥234.0m (up 54% from FY 2021). Profit margin: 4.8% (up from 3.5% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorated over the past week After last week's 21% share price decline to JP¥1,633, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 13x in the Commercial Services industry in Japan. 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. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 05
IMAGE MAGIC Inc. has completed an IPO in the amount of ¥827.37 million. IMAGE MAGIC Inc. has completed an IPO in the amount of ¥827.37 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 475,500
Price\Range: ¥1740
Discount Per Security: ¥139.2
Transaction Features: Sponsor Backed Offering Board Change • Mar 03
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. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.