Announcement • Jun 12
Estelle Holdings Co.,Ltd. to Report Q1, 2027 Results on Aug 10, 2026 Estelle Holdings Co.,Ltd. announced that they will report Q1, 2027 results on Aug 10, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥4.39 (vs JP¥32.93 loss in FY 2025) Full year 2026 results: EPS: JP¥4.39 (up from JP¥32.93 loss in FY 2025). Revenue: JP¥33.9b (up 8.4% from FY 2025). Net income: JP¥46.0m (up JP¥391.0m from FY 2025). Profit margin: 0.1% (up from net loss in FY 2025). Over the last 3 years on average, earnings per share has fallen by 14% 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. Announcement • May 15
Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 26, 2026 Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 26, 2026. Announcement • May 10
Estelle Holdings Co.,Ltd. to Report Fiscal Year 2026 Results on May 15, 2026 Estelle Holdings Co.,Ltd. announced that they will report fiscal year 2026 results on May 15, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 15 June 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 16
Third quarter 2026 earnings released Third quarter 2026 results: Revenue: JP¥8.66b (up 7.9% from 3Q 2025). Net income: JP¥0 (up JP¥79.0m from 3Q 2025). Profit margin: 0% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Dec 13
Estelle Holdings Co.,Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Estelle Holdings Co.,Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Announcement • Sep 16
Estelle Holdings Co.,Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Estelle Holdings Co.,Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 11
First quarter 2026 earnings released: JP¥59.27 loss per share (vs JP¥37.80 loss in 1Q 2025) First quarter 2026 results: JP¥59.27 loss per share (further deteriorated from JP¥37.80 loss in 1Q 2025). Revenue: JP¥6.93b (flat on 1Q 2025). Net loss: JP¥621.0m (loss widened 57% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 05
Full year 2025 earnings released: JP¥32.93 loss per share (vs JP¥93.25 loss in FY 2024) Full year 2025 results: JP¥32.93 loss per share (improved from JP¥93.25 loss in FY 2024). Revenue: JP¥31.3b (down 1.4% from FY 2024). Net loss: JP¥345.0m (loss narrowed 65% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Jun 24
Estelle Holdings Co.,Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Estelle Holdings Co.,Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 19
Full year 2025 earnings released: JP¥32.93 loss per share (vs JP¥93.25 loss in FY 2024) Full year 2025 results: JP¥32.93 loss per share (improved from JP¥93.25 loss in FY 2024). Revenue: JP¥31.3b (down 1.4% from FY 2024). Net loss: JP¥345.0m (loss narrowed 65% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • May 14
Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2025 Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2025. Announcement • Apr 10
Estelle Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Estelle Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 13 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%). New Risk • Feb 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 64% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (JP¥6.38b market cap, or US$41.8m). Announcement • Jan 17
Estelle Holdings Co.,Ltd. to Report Q3, 2025 Results on Feb 10, 2025 Estelle Holdings Co.,Ltd. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: JP¥4.58 (vs JP¥16.70 in 2Q 2024) Second quarter 2025 results: EPS: JP¥4.58 (down from JP¥16.70 in 2Q 2024). Revenue: JP¥7.97b (flat on 2Q 2024). Net income: JP¥48.0m (down 73% from 2Q 2024). Profit margin: 0.6% (down from 2.2% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Oct 31
Now 22% overvalued Over the last 90 days, the stock has fallen 3.7% to JP¥607. The fair value is estimated to be JP¥497, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Announcement • Sep 21
Estelle Holdings Co.,Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Estelle Holdings Co.,Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Buy Or Sell Opportunity • Aug 13
Now 20% overvalued Over the last 90 days, the stock has fallen 4.5% to JP¥622. The fair value is estimated to be JP¥517, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 10
First quarter 2025 earnings released: JP¥37.80 loss per share (vs JP¥26.79 loss in 1Q 2024) First quarter 2025 results: JP¥37.80 loss per share (further deteriorated from JP¥26.79 loss in 1Q 2024). Revenue: JP¥6.96b (down 1.3% from 1Q 2024). Net loss: JP¥396.0m (loss widened 40% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Announcement • Jun 20
Estelle Holdings Co.,Ltd. to Report Q1, 2025 Results on Aug 08, 2024 Estelle Holdings Co.,Ltd. announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 21
Full year 2024 earnings released: JP¥93.24 loss per share (vs JP¥9.41 profit in FY 2023) Full year 2024 results: JP¥93.24 loss per share (down from JP¥9.41 profit in FY 2023). Revenue: JP¥31.7b (up 7.0% from FY 2023). Net loss: JP¥979.0m (down JP¥1.08b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Announcement • May 17
Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2024 Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 21
Estelle Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Estelle Holdings Co.,Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 14 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: JP¥55.64 loss per share (vs JP¥10.63 profit in 3Q 2023) Third quarter 2024 results: JP¥55.64 loss per share (down from JP¥10.63 profit in 3Q 2023). Revenue: JP¥8.14b (up 3.4% from 3Q 2023). Net loss: JP¥583.0m (down JP¥696.0m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Announcement • Dec 16
Estelle Holdings Co.,Ltd. to Report Q3, 2024 Results on Feb 08, 2024 Estelle Holdings Co.,Ltd. announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥16.70 (vs JP¥11.39 in 2Q 2023) Second quarter 2024 results: EPS: JP¥16.70 (up from JP¥11.39 in 2Q 2023). Revenue: JP¥8.00b (up 8.5% from 2Q 2023). Net income: JP¥175.0m (up 45% from 2Q 2023). Profit margin: 2.2% (up from 1.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Sep 23
Estelle Holdings Co.,Ltd. to Report Q2, 2024 Results on Nov 09, 2023 Estelle Holdings Co.,Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023 Reported Earnings • Aug 11
First quarter 2024 earnings released: JP¥26.79 loss per share (vs JP¥11.76 loss in 1Q 2023) First quarter 2024 results: JP¥26.79 loss per share (further deteriorated from JP¥11.76 loss in 1Q 2023). Revenue: JP¥7.05b (up 7.5% from 1Q 2023). Net loss: JP¥283.0m (loss widened 126% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% 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. Announcement • Jun 15
Estelle Holdings Co.,Ltd. to Report Q1, 2024 Results on Aug 09, 2023 Estelle Holdings Co.,Ltd. announced that they will report Q1, 2024 results on Aug 09, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥9.41 (vs JP¥6.87 in FY 2022) Full year 2023 results: EPS: JP¥9.41 (up from JP¥6.87 in FY 2022). Revenue: JP¥29.6b (down 1.2% from FY 2022). Net income: JP¥100.0m (up 37% from FY 2022). Profit margin: 0.3% (up from 0.2% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 16
Estelle Holdings Co.,Ltd. (TSE:7872) announces an Equity Buyback for 180,000 shares, representing 1.69% for ¥120 million. Estelle Holdings Co.,Ltd. (TSE:7872) announces a share repurchase program. Under the program, the company will repurchase up to 180,000 shares, representing 1.69% of its share capital, for ¥120 million. The company will repurchase its shares in order to return profits to all shareholders by improving capital efficiency. The share repurchase program will run until May 31, 2023. As of March 31, 2023, the company had 10,627,720 shares outstanding (excluding treasury shares) and 831,503 shares in treasury. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share at 4.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.9%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥10.63 (vs JP¥27.85 in 3Q 2022) Third quarter 2023 results: EPS: JP¥10.63 (down from JP¥27.85 in 3Q 2022). Revenue: JP¥7.87b (down 2.5% from 3Q 2022). Net income: JP¥113.0m (down 62% from 3Q 2022). Profit margin: 1.4% (down from 3.7% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Dec 26
Estelle Holdings Co.,Ltd. to Report Q3, 2023 Results on Feb 09, 2023 Estelle Holdings Co.,Ltd. announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥11.39 (vs JP¥11.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.39 (up from JP¥11.10 in 2Q 2022). Revenue: JP¥7.38b (down 3.5% from 2Q 2022). Net income: JP¥121.0m (up 2.5% from 2Q 2022). Profit margin: 1.6% (up from 1.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent External Director Atsunori Shirakawa was the last independent director to join the board, commencing their role in 2012. 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 • Nov 11
Second quarter 2023 earnings released: EPS: JP¥11.39 (vs JP¥11.10 in 2Q 2022) Second quarter 2023 results: EPS: JP¥11.39 (up from JP¥11.10 in 2Q 2022). Revenue: JP¥7.38b (down 3.5% from 2Q 2022). Net income: JP¥121.0m (up 2.5% from 2Q 2022). Profit margin: 1.6% (up from 1.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Sep 18
Estelle Holdings Co.,Ltd. to Report Q2, 2023 Results on Nov 09, 2022 Estelle Holdings Co.,Ltd. announced that they will report Q2, 2023 results on Nov 09, 2022 Reported Earnings • Aug 09
First quarter 2023 earnings released: JP¥11.76 loss per share (vs JP¥14.87 loss in 1Q 2022) First quarter 2023 results: JP¥11.76 loss per share (up from JP¥14.87 loss in 1Q 2022). Revenue: JP¥6.56b (up 2.2% from 1Q 2022). Net loss: JP¥125.0m (loss narrowed 21% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jun 16
Estelle Holdings Co.,Ltd. to Report Q1, 2023 Results on Aug 08, 2022 Estelle Holdings Co.,Ltd. announced that they will report Q1, 2023 results on Aug 08, 2022 Reported Earnings • May 19
Full year 2022 earnings released: EPS: JP¥6.87 (vs JP¥28.80 in FY 2021) Full year 2022 results: EPS: JP¥6.87 (down from JP¥28.80 in FY 2021). Revenue: JP¥30.0b (up 7.2% from FY 2021). Net income: JP¥73.0m (down 76% from FY 2021). Profit margin: 0.2% (down from 1.1% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • May 18
Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 29, 2022 Estelle Holdings Co.,Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent 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. 9 highly experienced directors. 3 independent directors (7 non-independent directors). Independent External Director Atsunori Shirakawa was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
Estelle Holdings Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Estelle Holdings Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥27.85 (up from JP¥26.25 in 3Q 2021). Revenue: JP¥8.07b (flat on 3Q 2021). Net income: JP¥296.0m (up 6.1% from 3Q 2021). Profit margin: 3.7% (up from 3.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Buying Opportunity • Jan 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.3%. The fair value is estimated to be JP¥791, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% per annum over the last 3 years. The company has become profitable over the last year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥11.10 (vs JP¥24.28 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥7.64b (down 3.5% from 2Q 2021). Net income: JP¥118.0m (down 54% from 2Q 2021). Profit margin: 1.5% (down from 3.3% in 2Q 2021). The decrease in margin was driven by lower revenue. 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 2% per year, which means it has not declined as severely as earnings. Reported Earnings • May 15
Full year 2021 earnings released: EPS JP¥28.79 (vs JP¥58.34 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥28.0b (down 13% from FY 2020). Net income: JP¥306.0m (down 51% from FY 2020). Profit margin: 1.1% (down from 1.9% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Mar 20
Estelle Holdings Co.,Ltd. to Report Fiscal Year 2021 Results on May 12, 2021 Estelle Holdings Co.,Ltd. announced that they will report fiscal year 2021 results on May 12, 2021 Is New 90 Day High Low • Feb 25
New 90-day high: JP¥665 The company is up 8.0% from its price of JP¥615 on 27 November 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS JP¥26.25 (vs JP¥16.47 in 3Q 2020) The company reported a solid third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: JP¥8.01b (flat on 3Q 2020). Net income: JP¥279.0m (up 59% from 3Q 2020). Profit margin: 3.5% (up from 2.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 05
New 90-day high: JP¥637 The company is up 5.0% from its price of JP¥604 on 06 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period. Announcement • Dec 05
Estelle Holdings Co.,Ltd. to Report Q3, 2021 Results on Feb 08, 2021 Estelle Holdings Co.,Ltd. announced that they will report Q3, 2021 results on Feb 08, 2021 Announcement • Oct 10
Estelle Holdings Co.,Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Estelle Holdings Co.,Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020 
