Reported Earnings • Aug 01
First quarter 2027 earnings released: EPS: JP¥51.72 (vs JP¥43.60 in 1Q 2026) First quarter 2027 results: EPS: JP¥51.72 (up from JP¥43.60 in 1Q 2026). Revenue: JP¥13.2b (up 17% from 1Q 2026). Net income: JP¥1.74b (up 18% from 1Q 2026). Profit margin: 13% (in line with 1Q 2026). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,410, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Luxury industry in Japan. Total returns to shareholders of 191% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,603 per share. Declared Dividend • Jul 25
Final dividend of JP¥39.00 announced Shareholders will receive a dividend of JP¥39.00. Ex-date: 29th September 2026 Payment date: 8th December 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (71% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 01
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to JP¥4,365. The fair value is estimated to be JP¥3,631, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Jun 20
Fujibo Holdings, Inc. to Report Q1, 2027 Results on Jul 31, 2026 Fujibo Holdings, Inc. announced that they will report Q1, 2027 results on Jul 31, 2026 Buy Or Sell Opportunity • May 22
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to JP¥4,410. The fair value is estimated to be JP¥3,594, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Reported Earnings • May 20
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥498 (up from JP¥135 in FY 2025). Revenue: JP¥45.9b (up 7.0% from FY 2025). Net income: JP¥5.61b (up 25% from FY 2025). Profit margin: 12% (up from 10% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 59% per year and the company’s share price has also increased by 59% per year. Announcement • May 15
Fujibo Holdings, Inc., Annual General Meeting, Jun 26, 2026 Fujibo Holdings, Inc., Annual General Meeting, Jun 26, 2026. Announcement • May 09
Fujibo Holdings, Inc. to Report Fiscal Year 2026 Results on May 15, 2026 Fujibo Holdings, Inc. announced that they will report fiscal year 2026 results on May 15, 2026 Price Target Changed • Apr 24
Price target increased by 36% to JP¥4,900 Up from JP¥3,600, the current price target is provided by 1 analyst. New target price is 30% above last closing price of JP¥3,775. Stock is up 141% over the past year. The company is forecast to post earnings per share of JP¥159 for next year compared to JP¥135 last year. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,615, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 21x in the Luxury industry in Japan. Total returns to shareholders of 268% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,451 per share. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥85.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%). Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥135 (vs JP¥137 in 3Q 2025) Third quarter 2026 results: EPS: JP¥135 (down from JP¥137 in 3Q 2025). Revenue: JP¥11.8b (up 6.0% from 3Q 2025). Net income: JP¥1.52b (down 1.7% from 3Q 2025). Profit margin: 13% (down from 14% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jan 07
Price target increased by 7.7% to JP¥8,400 Up from JP¥7,800, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥8,480. Stock is up 60% over the past year. The company is forecast to post earnings per share of JP¥467 for next year compared to JP¥406 last year. New Risk • Dec 19
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. This is currently the only risk that has been identified for the company. Announcement • Dec 18
Fujibo Holdings, Inc. to Report Q3, 2026 Results on Jan 30, 2026 Fujibo Holdings, Inc. announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Dec 09
First half dividend of JP¥85.00 announced Shareholders will receive a dividend of JP¥85.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 2.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥8,000, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Luxury industry in Japan. Total returns to shareholders of 159% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥15,128 per share. Reported Earnings • Nov 01
Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2026 results: EPS: JP¥111 (up from JP¥89.76 in 2Q 2025). Revenue: JP¥11.3b (up 5.6% from 2Q 2025). Net income: JP¥1.25b (up 23% from 2Q 2025). Profit margin: 11% (up from 9.5% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Luxury industry in Japan. 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 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥75.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 29% and the cash payout ratio is 89%. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Board Change • Aug 13
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Takahiro Tsubota was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: JP¥131 (vs JP¥94.98 in 1Q 2025) First quarter 2026 results: EPS: JP¥131 (up from JP¥94.98 in 1Q 2025). Revenue: JP¥11.3b (up 8.4% from 1Q 2025). Net income: JP¥1.48b (up 38% from 1Q 2025). Profit margin: 13% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Japan. 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 20% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jul 10
Price target decreased by 9.9% to JP¥6,400 Down from JP¥7,100, the current price target is provided by 1 analyst. New target price is 9.4% above last closing price of JP¥5,850. Stock is up 22% over the past year. The company is forecast to post earnings per share of JP¥495 for next year compared to JP¥406 last year. Declared Dividend • Jul 09
Final dividend of JP¥75.00 announced Shareholders will receive a dividend of JP¥75.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 24
Fujibo Holdings, Inc. to Report Q1, 2026 Results on Jul 30, 2025 Fujibo Holdings, Inc. announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 20
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥406 (up from JP¥185 in FY 2024). Revenue: JP¥42.9b (up 19% from FY 2024). Net income: JP¥4.48b (up 112% from FY 2024). Profit margin: 10% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • May 16
Fujibo Holdings, Inc. (TSE:3104) announces an Equity Buyback for 150,000 shares, representing 1.32% for ¥500 million. Fujibo Holdings, Inc. (TSE:3104) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 1.32% of its issued share capital, for ¥500 million. The purpose of the plan is to strengthen shareholder returns and improve capital efficiency, as well as to enable the implementation of flexible capital policies. The program is valid till July 31, 2025. As of March 31, 2025, the company had 11,343,267 issued shares (excluding treasury stock) and 10,733 shares in treasury. Announcement • May 15
Fujibo Holdings, Inc., Annual General Meeting, Jun 27, 2025 Fujibo Holdings, Inc., Annual General Meeting, Jun 27, 2025. 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¥4,140, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Luxury industry in Japan. Total returns to shareholders of 47% over the past three years. Announcement • Mar 25
Fujibo Holdings, Inc. to Report Fiscal Year 2025 Results on May 15, 2025 Fujibo Holdings, Inc. announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥137 (vs JP¥66.15 in 3Q 2024) Third quarter 2025 results: EPS: JP¥137 (up from JP¥66.15 in 3Q 2024). Revenue: JP¥11.1b (up 16% from 3Q 2024). Net income: JP¥1.55b (up 105% from 3Q 2024). Profit margin: 14% (up from 7.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in Japan. 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 11% per year, which means it is well ahead of earnings. Announcement • Jan 03
Fujibo Holdings, Inc. to Report Q3, 2025 Results on Jan 31, 2025 Fujibo Holdings, Inc. announced that they will report Q3, 2025 results on Jan 31, 2025 Declared Dividend • Dec 07
First half dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.2%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥89.75 (vs JP¥28.07 in 2Q 2024) Second quarter 2025 results: EPS: JP¥89.75 (up from JP¥28.07 in 2Q 2024). Revenue: JP¥10.7b (up 24% from 2Q 2024). Net income: JP¥1.02b (up 216% from 2Q 2024). Profit margin: 9.5% (up from 3.7% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 06 December 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Major Estimate Revision • Aug 07
Consensus EPS estimates increase by 15% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from JP¥346 to JP¥397. Revenue forecast unchanged at JP¥43.0b. Net income forecast to grow 75% next year vs 14% growth forecast for Luxury industry in Japan. Consensus price target up from JP¥6,800 to JP¥7,050. Share price fell 19% to JP¥4,200 over the past week. Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥94.98 (vs JP¥50.06 in 1Q 2024) First quarter 2025 results: EPS: JP¥94.98 (up from JP¥50.06 in 1Q 2024). Revenue: JP¥10.4b (up 22% from 1Q 2024). Net income: JP¥1.08b (up 88% from 1Q 2024). Profit margin: 10% (up from 6.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. New Risk • Jul 31
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 6.0% 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 (6.0% average weekly change). Profit margins are more than 30% lower than last year (5.9% net profit margin). Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥5,190, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Luxury industry in Japan. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥9,431 per share. Declared Dividend • Jul 11
Final dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 27th September 2024 Payment date: 6th December 2024 Dividend yield will be 2.4%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 6.4% to bring the payout ratio under control. EPS is expected to grow by 107% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Jun 26
Fujibo Holdings, Inc. to Report Q1, 2025 Results on Jul 31, 2024 Fujibo Holdings, Inc. announced that they will report Q1, 2025 results on Jul 31, 2024 Major Estimate Revision • Jun 06
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥39.2b to JP¥41.0b. EPS estimate increased from JP¥275 to JP¥324 per share. Net income forecast to grow 75% next year vs 7.9% growth forecast for Luxury industry in Japan. Consensus price target up from JP¥5,350 to JP¥5,950. Share price rose 6.9% to JP¥4,825 over the past week. Reported Earnings • May 20
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: JP¥185 (down from JP¥296 in FY 2023). Revenue: JP¥36.1b (down 4.1% from FY 2023). Net income: JP¥2.12b (down 38% from FY 2023). Profit margin: 5.9% (down from 9.0% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • May 17
Fujibo Holdings, Inc., Annual General Meeting, Jun 27, 2024 Fujibo Holdings, Inc., Annual General Meeting, Jun 27, 2024. Announcement • Mar 24
Fujibo Holdings, Inc. to Report Fiscal Year 2024 Results on May 15, 2024 Fujibo Holdings, Inc. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥66.15 (vs JP¥67.16 in 3Q 2023) Third quarter 2024 results: EPS: JP¥66.15 (down from JP¥67.16 in 3Q 2023). Revenue: JP¥9.61b (up 2.4% from 3Q 2023). Net income: JP¥757.0m (down 1.7% from 3Q 2023). Profit margin: 7.9% (down from 8.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Price Target Changed • Feb 01
Price target increased by 16% to JP¥5,350 Up from JP¥4,600, the current price target is an average from 2 analysts. New target price is 21% above last closing price of JP¥4,410. Stock is up 39% over the past year. The company is forecast to post earnings per share of JP¥208 for next year compared to JP¥296 last year. Announcement • Dec 22
Fujibo Holdings, Inc. to Report Q3, 2024 Results on Jan 31, 2024 Fujibo Holdings, Inc. announced that they will report Q3, 2024 results on Jan 31, 2024 Major Estimate Revision • Nov 09
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥36.5b to JP¥35.6b. EPS estimate also fell from JP¥216 per share to JP¥194 per share. Net income forecast to grow 28% next year vs 15% growth forecast for Luxury industry in Japan. Consensus price target of JP¥4,450 unchanged from last update. Share price was steady at JP¥3,595 over the past week. Price Target Changed • Nov 03
Price target decreased by 7.3% to JP¥4,450 Down from JP¥4,800, the current price target is an average from 2 analysts. New target price is 25% above last closing price of JP¥3,550. Stock is up 9.4% over the past year. The company is forecast to post earnings per share of JP¥201 for next year compared to JP¥296 last year. Announcement • Nov 02
Fujibo Holdings, Inc. (TSE:3104) announces an Equity Buyback for 200,000 shares, representing 1.74% for ¥500 million. Fujibo Holdings, Inc. (TSE:3104) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.74% of its issued share capital, for ¥500 million. The purpose of the plan is to strengthen shareholder returns and improve capital efficiency, we will also be able to implement flexible capital policies. The program is valid till January 31, 2024. As of September 30, 2023, the company had 11,474,323 issued shares (excluding treasury stock) and 245,677 shares in treasury. Announcement • Sep 22
Fujibo Holdings, Inc. to Report Q2, 2024 Results on Oct 31, 2023 Fujibo Holdings, Inc. announced that they will report Q2, 2024 results on Oct 31, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥55.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 06 December 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.8%). New Risk • Jul 30
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: 7.7% Last year net profit margin: 12% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 29
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: EPS: JP¥50.06 (down from JP¥102 in 1Q 2023). Revenue: JP¥8.51b (down 12% from 1Q 2023). Net income: JP¥574.0m (down 51% from 1Q 2023). Profit margin: 6.7% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 59%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. Announcement • Jun 23
Fujibo Holdings, Inc. to Report Q1, 2024 Results on Jul 28, 2023 Fujibo Holdings, Inc. announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • May 17
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥296 (down from JP¥389 in FY 2022). Revenue: JP¥37.7b (up 4.9% from FY 2022). Net income: JP¥3.40b (down 24% from FY 2022). Profit margin: 9.0% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 12
Fujibo Holdings, Inc., Annual General Meeting, Jun 29, 2023 Fujibo Holdings, Inc., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share at 3.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.9%). Price Target Changed • Feb 03
Price target decreased by 17% to JP¥6,000 Down from JP¥7,200, the current price target is provided by 1 analyst. New target price is 90% above last closing price of JP¥3,155. Stock is down 17% over the past year. The company is forecast to post earnings per share of JP¥323 for next year compared to JP¥389 last year. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥67.15 (vs JP¥97.91 in 3Q 2022) Third quarter 2023 results: EPS: JP¥67.15 (down from JP¥97.91 in 3Q 2022). Revenue: JP¥9.38b (flat on 3Q 2022). Net income: JP¥770.0m (down 31% from 3Q 2022). Profit margin: 8.2% (down from 12% in 3Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Dec 22
Fujibo Holdings, Inc. to Report Q3, 2023 Results on Jan 31, 2023 Fujibo Holdings, Inc. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Outside Directors Hisashi Kobayashi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥98.81 (vs JP¥98.70 in 2Q 2022) Second quarter 2023 results: EPS: JP¥98.81 (up from JP¥98.70 in 2Q 2022). Revenue: JP¥9.97b (up 12% from 2Q 2022). Net income: JP¥1.13b (flat on 2Q 2022). Profit margin: 11% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.0%). Announcement • Sep 18
Fujibo Holdings, Inc. to Report Q2, 2023 Results on Oct 28, 2022 Fujibo Holdings, Inc. announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥102 (vs JP¥98.14 in 1Q 2022) First quarter 2023 results: EPS: JP¥102 (up from JP¥98.14 in 1Q 2022). Revenue: JP¥9.64b (up 11% from 1Q 2022). Net income: JP¥1.17b (up 4.4% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 11%, compared to a 10% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.