Announcement • Apr 22
Lapine Co., Ltd., Annual General Meeting, May 28, 2026 Lapine Co., Ltd., Annual General Meeting, May 28, 2026. Reported Earnings • Apr 21
Full year 2026 earnings released: JP¥110 loss per share (vs JP¥54.57 loss in FY 2025) Full year 2026 results: JP¥110 loss per share (further deteriorated from JP¥54.57 loss in FY 2025). Revenue: JP¥1.87b (down 8.3% from FY 2025). Net loss: JP¥259.0m (loss widened 101% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Apr 07
Lapine Co., Ltd. to Report Fiscal Year 2026 Results on Apr 14, 2026 Lapine Co., Ltd. announced that they will report fiscal year 2026 results on Apr 14, 2026 Reported Earnings • Jan 15
Third quarter 2026 earnings released: JP¥21.14 loss per share (vs JP¥12.69 loss in 3Q 2025) Third quarter 2026 results: JP¥21.14 loss per share (further deteriorated from JP¥12.69 loss in 3Q 2025). Revenue: JP¥486.0m (down 7.4% from 3Q 2025). Net loss: JP¥50.0m (loss widened 67% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Nov 27
Lapine Co., Ltd. to Report Q3, 2026 Results on Jan 14, 2026 Lapine Co., Ltd. announced that they will report Q3, 2026 results on Jan 14, 2026 Reported Earnings • Oct 15
Second quarter 2026 earnings released: JP¥39.34 loss per share (vs JP¥49.92 loss in 2Q 2025) Second quarter 2026 results: JP¥39.34 loss per share (improved from JP¥49.92 loss in 2Q 2025). Revenue: JP¥440.0m (down 2.9% from 2Q 2025). Net loss: JP¥93.0m (loss narrowed 21% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Jul 30
Lapine Co., Ltd. to Report Q2, 2026 Results on Oct 14, 2025 Lapine Co., Ltd. announced that they will report Q2, 2026 results on Oct 14, 2025 Reported Earnings • Jul 17
First quarter 2026 earnings released: JP¥30.46 loss per share (vs JP¥38.49 profit in 1Q 2025) First quarter 2026 results: JP¥30.46 loss per share (down from JP¥38.49 profit in 1Q 2025). Revenue: JP¥478.0m (down 12% from 1Q 2025). Net loss: JP¥72.0m (down 179% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 04
Full year 2025 earnings released: JP¥54.57 loss per share (vs JP¥136 loss in FY 2024) Full year 2025 results: JP¥54.57 loss per share (improved from JP¥136 loss in FY 2024). Revenue: JP¥2.04b (down 13% from FY 2024). Net loss: JP¥129.0m (loss narrowed 60% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Apr 26
Lapine Co., Ltd. to Report Q1, 2026 Results on Jul 11, 2025 Lapine Co., Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025 Reported Earnings • Apr 19
Full year 2025 earnings released: JP¥56.68 loss per share (vs JP¥136 loss in FY 2024) Full year 2025 results: JP¥56.68 loss per share (improved from JP¥136 loss in FY 2024). Revenue: JP¥2.04b (down 13% from FY 2024). Net loss: JP¥134.0m (loss narrowed 58% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Apr 18
Lapine Co., Ltd., Annual General Meeting, May 29, 2025 Lapine Co., Ltd., Annual General Meeting, May 29, 2025. New Risk • Apr 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 12% 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 Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (JP¥666.7m market cap, or US$4.67m). Announcement • Feb 27
Lapine Co., Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2025 Lapine Co., Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Third quarter 2025 earnings released: JP¥12.69 loss per share (vs JP¥30.88 loss in 3Q 2024) Third quarter 2025 results: JP¥12.69 loss per share (improved from JP¥30.88 loss in 3Q 2024). Revenue: JP¥525.0m (down 12% from 3Q 2024). Net loss: JP¥30.0m (loss narrowed 59% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Nov 27
Lapine Co., Ltd. to Report Q3, 2025 Results on Jan 14, 2025 Lapine Co., Ltd. announced that they will report Q3, 2025 results on Jan 14, 2025 Reported Earnings • Oct 16
Second quarter 2025 earnings released: JP¥49.91 loss per share (vs JP¥67.68 loss in 2Q 2024) Second quarter 2025 results: JP¥49.91 loss per share (improved from JP¥67.68 loss in 2Q 2024). Revenue: JP¥453.0m (down 7.6% from 2Q 2024). Net loss: JP¥118.0m (loss narrowed 26% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 14% per year. New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (JP¥562.7m market cap, or US$4.00m). Announcement • Jul 27
Lapine Co., Ltd. to Report Q2, 2025 Results on Oct 11, 2024 Lapine Co., Ltd. announced that they will report Q2, 2025 results on Oct 11, 2024 Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: JP¥38.49 (vs JP¥2.54 in 1Q 2024) First quarter 2025 results: EPS: JP¥38.49 (up from JP¥2.54 in 1Q 2024). Revenue: JP¥545.0m (down 25% from 1Q 2024). Net income: JP¥91.0m (up JP¥85.0m from 1Q 2024). Profit margin: 17% (up from 0.8% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • May 29
Lapine Co., Ltd. to Report Q1, 2025 Results on Jul 11, 2024 Lapine Co., Ltd. announced that they will report Q1, 2025 results on Jul 11, 2024 Announcement • Apr 24
Lapine Co., Ltd., Annual General Meeting, May 29, 2024 Lapine Co., Ltd., Annual General Meeting, May 29, 2024. Reported Earnings • Apr 20
Full year 2024 earnings released: JP¥136 loss per share (vs JP¥66.84 profit in FY 2023) Full year 2024 results: JP¥136 loss per share (down from JP¥66.84 profit in FY 2023). Revenue: JP¥2.34b (down 29% from FY 2023). Net loss: JP¥321.0m (down 303% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Feb 28
Lapine Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024 Lapine Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024 Reported Earnings • Jan 14
Third quarter 2024 earnings released: JP¥30.87 loss per share (vs JP¥7.61 loss in 3Q 2023) Third quarter 2024 results: JP¥30.87 loss per share (further deteriorated from JP¥7.61 loss in 3Q 2023). Revenue: JP¥593.0m (down 29% from 3Q 2023). Net loss: JP¥73.0m (loss widened 306% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Nov 01
Lapine Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024 Lapine Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024 Reported Earnings • Oct 16
Second quarter 2024 earnings released: JP¥67.67 loss per share (vs JP¥78.68 profit in 2Q 2023) Second quarter 2024 results: JP¥67.67 loss per share (down from JP¥78.68 profit in 2Q 2023). Revenue: JP¥490.0m (down 35% from 2Q 2023). Net loss: JP¥160.0m (down 186% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Lapine Co., Ltd. to Report Q2, 2024 Results on Oct 12, 2023 Lapine Co., Ltd. announced that they will report Q2, 2024 results on Oct 12, 2023 New Risk • Jul 18
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: 1.9% Last year net profit margin: 6.2% 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. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (JP¥735.3m market cap, or US$5.30m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.9% net profit margin). Reported Earnings • Jul 16
First quarter 2024 earnings released: EPS: JP¥2.54 (vs JP¥44.84 in 1Q 2023) First quarter 2024 results: EPS: JP¥2.54 (down from JP¥44.84 in 1Q 2023). Revenue: JP¥731.0m (down 30% from 1Q 2023). Net income: JP¥6.00m (down 94% from 1Q 2023). Profit margin: 0.8% (down from 10% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: JP¥66.84 (vs JP¥65.62 in FY 2022) Full year 2023 results: EPS: JP¥66.84 (up from JP¥65.62 in FY 2022). Revenue: JP¥3.30b (down 25% from FY 2022). Net income: JP¥158.0m (up 1.9% from FY 2022). Profit margin: 4.8% (up from 3.5% in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • May 04
Lapine Co., Ltd. to Report Q1, 2024 Results on Jul 13, 2023 Lapine Co., Ltd. announced that they will report Q1, 2024 results on Jul 13, 2023 Reported Earnings • Apr 21
Full year 2023 earnings released: EPS: JP¥66.83 (vs JP¥65.62 in FY 2022) Full year 2023 results: EPS: JP¥66.83 (up from JP¥65.62 in FY 2022). Revenue: JP¥3.30b (down 25% from FY 2022). Net income: JP¥158.0m (up 1.9% from FY 2022). Profit margin: 4.8% (up from 3.5% in FY 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Feb 10
Lapine Co., Ltd. to Report Fiscal Year 2023 Results on Apr 13, 2023 Lapine Co., Ltd. announced that they will report fiscal year 2023 results on Apr 13, 2023 Reported Earnings • Jan 17
Third quarter 2023 earnings released: JP¥7.61 loss per share (vs JP¥51.63 profit in 3Q 2022) Third quarter 2023 results: JP¥7.61 loss per share (down from JP¥51.63 profit in 3Q 2022). Revenue: JP¥831.0m (down 34% from 3Q 2022). Net loss: JP¥18.0m (down 115% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Nov 30
Lapine Co., Ltd. to Report Q3, 2023 Results on Jan 12, 2023 Lapine Co., Ltd. announced that they will report Q3, 2023 results on Jan 12, 2023 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. 4 highly experienced directors. No independent directors (8 non-independent directors). President and Representative Director Yasuhiro Aoi was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 17
Second quarter 2023 earnings released: EPS: JP¥78.66 (vs JP¥32.18 in 2Q 2022) Second quarter 2023 results: EPS: JP¥78.66 (up from JP¥32.18 in 2Q 2022). Revenue: JP¥759.0m (down 16% from 2Q 2022). Net income: JP¥186.0m (up 145% from 2Q 2022). Profit margin: 25% (up from 8.4% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Lapine Co., Ltd. to Report Q2, 2023 Results on Oct 13, 2022 Lapine Co., Ltd. announced that they will report Q2, 2023 results on Oct 13, 2022 Reported Earnings • Jul 15
First quarter 2023 earnings released: EPS: JP¥44.83 (vs JP¥1.70 in 1Q 2022) First quarter 2023 results: EPS: JP¥44.83 (up from JP¥1.70 in 1Q 2022). Revenue: JP¥1.04b (down 16% from 1Q 2022). Net income: JP¥106.0m (up JP¥102.0m from 1Q 2022). Profit margin: 10% (up from 0.3% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥334, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 17x in the Luxury industry in Japan. Total loss to shareholders of 54% over the past three years. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: JP¥65.61 (vs JP¥908 loss in FY 2021) Full year 2022 results: EPS: JP¥65.61 (up from JP¥908 loss in FY 2021). Revenue: JP¥4.37b (down 16% from FY 2021). Net income: JP¥155.0m (up JP¥2.29b from FY 2021). Profit margin: 3.5% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥327, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 16x in the Luxury industry in Japan. Total loss to shareholders of 56% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. No independent directors (8 non-independent directors). President and Representative Director Yasuhiro Aoi was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 15
Lapine Co., Ltd., Annual General Meeting, May 26, 2022 Lapine Co., Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: JP¥65.61 (vs JP¥908 loss in FY 2021) Full year 2022 results: EPS: JP¥65.61 (up from JP¥908 loss in FY 2021). Revenue: JP¥4.37b (down 16% from FY 2021). Net income: JP¥155.0m (up JP¥2.29b from FY 2021). Profit margin: 3.5% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Feb 12
Lapine Co., Ltd. to Report Fiscal Year 2022 Results on Apr 13, 2022 Lapine Co., Ltd. announced that they will report fiscal year 2022 results on Apr 13, 2022 Reported Earnings • Jan 14
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥51.58 (up from JP¥455 loss in 3Q 2021). Revenue: JP¥1.25b (down 24% from 3Q 2021). Net income: JP¥122.0m (up JP¥1.19b from 3Q 2021). Profit margin: 9.7% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 15
Second quarter 2022 earnings released: EPS JP¥32.16 (vs JP¥309 loss in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥904.0m (down 35% from 2Q 2021). Net income: JP¥76.0m (up JP¥802.0m from 2Q 2021). Profit margin: 8.4% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS JP¥1.70 (vs JP¥134 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥1.24b (up 36% from 1Q 2021). Net income: JP¥4.00m (up JP¥319.0m from 1Q 2021). Profit margin: 0.3% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 02
Full year 2021 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥5.23b (down 40% from FY 2020). Net loss: JP¥2.14b (loss widened 41% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 16
Full year 2021 earnings released: JP¥907 loss per share (vs JP¥644 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥5.23b (down 40% from FY 2020). Net loss: JP¥2.14b (loss widened 41% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Feb 20
Lapine Co., Ltd. to Report Fiscal Year 2021 Results on Apr 12, 2021 Lapine Co., Ltd. announced that they will report fiscal year 2021 results on Apr 12, 2021 Reported Earnings • Feb 07
Third quarter 2021 earnings released: JP¥455 loss per share (vs JP¥6.39 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥1.65b (down 33% from 3Q 2020). Net loss: JP¥1.07b (down JP¥1.09b from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 77% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Jan 17
Lapine Co., Ltd. to Report Q3, 2021 Results on Feb 05, 2021 Lapine Co., Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 23
New 90-day low: JP¥341 The company is down 44% from its price of JP¥606 on 24 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day low: JP¥364 The company is down 44% from its price of JP¥653 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 4.0% over the same period.