Reported Earnings • Aug 20
First quarter 2027 earnings released: EPS: JP¥52.74 (vs JP¥79.11 in 1Q 2026) First quarter 2027 results: EPS: JP¥52.74 (down from JP¥79.11 in 1Q 2026). Revenue: JP¥17.9b (flat on 1Q 2026). Net income: JP¥244.0m (down 33% from 1Q 2026). Profit margin: 1.4% (down from 2.1% in 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jun 01
Kuze Co., Ltd. to Report Q1, 2027 Results on Aug 14, 2026 Kuze Co., Ltd. announced that they will report Q1, 2027 results on Aug 14, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥380 (vs JP¥379 in FY 2025) Full year 2026 results: EPS: JP¥380 (up from JP¥379 in FY 2025). Revenue: JP¥73.5b (up 7.2% from FY 2025). Net income: JP¥1.76b (flat on FY 2025). Profit margin: 2.4% (down from 2.6% in FY 2025). The decrease in margin was driven by higher expenses. 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 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Kuze Co., Ltd., Annual General Meeting, Jun 24, 2026 Kuze Co., Ltd., Annual General Meeting, Jun 24, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 29 June 2026. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than 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: EPS: JP¥141 (vs JP¥144 in 3Q 2025) Third quarter 2026 results: EPS: JP¥141 (down from JP¥144 in 3Q 2025). Revenue: JP¥19.9b (up 7.2% from 3Q 2025). Net income: JP¥651.0m (down 2.1% from 3Q 2025). Profit margin: 3.3% (down from 3.6% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 29
Kuze Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Kuze Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: JP¥74.36 (vs JP¥58.80 in 2Q 2025) Second quarter 2026 results: EPS: JP¥74.36 (up from JP¥58.80 in 2Q 2025). Revenue: JP¥18.4b (up 12% from 2Q 2025). Net income: JP¥344.0m (up 27% from 2Q 2025). Profit margin: 1.9% (up from 1.7% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 02
Kuze Co., Ltd. to Report Q2, 2026 Results on Nov 13, 2025 Kuze Co., Ltd. announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: JP¥79.11 (vs JP¥135 in 1Q 2025) First quarter 2026 results: EPS: JP¥79.11 (down from JP¥135 in 1Q 2025). Revenue: JP¥17.8b (up 4.4% from 1Q 2025). Net income: JP¥366.0m (down 41% from 1Q 2025). Profit margin: 2.1% (down from 3.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year whereas the company’s share price has increased by 39% per year. New Risk • Jun 05
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥7.43b market cap, or US$52.0m). Announcement • May 31
Kuze Co., Ltd. to Report Q1, 2026 Results on Aug 13, 2025 Kuze Co., Ltd. announced that they will report Q1, 2026 results on Aug 13, 2025 Reported Earnings • May 20
Full year 2025 earnings released: EPS: JP¥379 (vs JP¥434 in FY 2024) Full year 2025 results: EPS: JP¥379 (down from JP¥434 in FY 2024). Revenue: JP¥68.6b (up 6.3% from FY 2024). Net income: JP¥1.75b (down 13% from FY 2024). Profit margin: 2.6% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • May 15
Kuze Co., Ltd., Annual General Meeting, Jun 26, 2025 Kuze Co., Ltd., Annual General Meeting, Jun 26, 2025. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,689, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 13x in the Consumer Retailing industry in Japan. Total returns to shareholders of 165% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥42.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 4.3% but the company is paying out more than the cash it is generating. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). Announcement • Mar 01
Kuze Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Kuze Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 New Risk • Feb 16
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: 2.4% Last year net profit margin: 3.5% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (JP¥8.76b market cap, or US$57.5m). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥144 (vs JP¥152 in 3Q 2024) Third quarter 2025 results: EPS: JP¥144 (down from JP¥152 in 3Q 2024). Revenue: JP¥18.5b (up 5.8% from 3Q 2024). Net income: JP¥665.0m (down 5.7% from 3Q 2024). Profit margin: 3.6% (down from 4.0% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • Nov 30
Kuze Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Kuze Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Nov 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% 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 (8.5% average weekly change). High level of non-cash earnings (34% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥7.57b market cap, or US$48.9m). New Risk • Oct 01
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 11% 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 (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥8.28b market cap, or US$57.6m). Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥1,663, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 13x in the Consumer Retailing industry in Japan. Total returns to shareholders of 162% over the past three years. Announcement • Aug 28
Kuze Co., Ltd. to Report Q2, 2025 Results on Nov 14, 2024 Kuze Co., Ltd. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 19
First quarter 2025 earnings released: EPS: JP¥135 (vs JP¥133 in 1Q 2024) First quarter 2025 results: EPS: JP¥135 (up from JP¥133 in 1Q 2024). Revenue: JP¥17.0b (up 9.9% from 1Q 2024). Net income: JP¥624.0m (up 1.6% from 1Q 2024). Profit margin: 3.7% (down from 4.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.0% 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 (9.0% average weekly change). Minor Risk Market cap is less than US$100m (JP¥4.52b market cap, or US$31.7m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to JP¥976, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 12x in the Consumer Retailing industry in Japan. Total returns to shareholders of 42% over the past three years. Announcement • Jun 02
Kuze Co., Ltd. to Report Q1, 2025 Results on Aug 14, 2024 Kuze Co., Ltd. announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥434 (vs JP¥181 in FY 2023) Full year 2024 results: EPS: JP¥434 (up from JP¥181 in FY 2023). Revenue: JP¥64.5b (up 14% from FY 2023). Net income: JP¥2.01b (up 141% from FY 2023). Profit margin: 3.1% (up from 1.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Kuze Co., Ltd., Annual General Meeting, Jun 27, 2024 Kuze Co., Ltd., Annual General Meeting, Jun 27, 2024. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥1,595, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,120, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 194% over the past three years. Announcement • Mar 28
Kuze Co., Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 Kuze Co., Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥42.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.5%). Reported Earnings • Feb 19
Third quarter 2024 earnings released: EPS: JP¥152 (vs JP¥96.40 in 3Q 2023) Third quarter 2024 results: EPS: JP¥152 (up from JP¥96.40 in 3Q 2023). Revenue: JP¥17.5b (up 9.7% from 3Q 2023). Net income: JP¥705.0m (up 58% from 3Q 2023). Profit margin: 4.0% (up from 2.8% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥2,784, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 292% over the past three years. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,469, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 252% over the past three years. Announcement • Nov 29
Kuze Co., Ltd. to Report Q3, 2024 Results on Feb 14, 2024 Kuze Co., Ltd. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 19
Second quarter 2024 earnings released: EPS: JP¥135 (vs JP¥16.21 in 2Q 2023) Second quarter 2024 results: EPS: JP¥135 (up from JP¥16.21 in 2Q 2023). Revenue: JP¥16.1b (up 22% from 2Q 2023). Net income: JP¥625.0m (up JP¥550.0m from 2Q 2023). Profit margin: 3.9% (up from 0.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥2,299, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 224% over the past three years. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥2,268, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 215% over the past three years. Announcement • Sep 13
Kuze Co., Ltd. to Report Q2, 2024 Results on Nov 14, 2023 Kuze Co., Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: JP¥133 (vs JP¥6.42 in 1Q 2023) First quarter 2024 results: EPS: JP¥133 (up from JP¥6.42 in 1Q 2023). Revenue: JP¥15.5b (up 19% from 1Q 2023). Net income: JP¥614.0m (up JP¥585.0m from 1Q 2023). Profit margin: 4.0% (up from 0.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 33% 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 46% After last week's 46% share price gain to JP¥1,345, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 94% over the past three years. Announcement • Jun 29
Kuze Co., Ltd. to Report Q1, 2024 Results on Aug 14, 2023 Kuze Co., Ltd. announced that they will report Q1, 2024 results on Aug 14, 2023 Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥929, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 21% over the past three years. Reported Earnings • May 19
Full year 2023 earnings released: EPS: JP¥181 (vs JP¥196 loss in FY 2022) Full year 2023 results: EPS: JP¥181 (up from JP¥196 loss in FY 2022). Revenue: JP¥56.5b (up 29% from FY 2022). Net income: JP¥832.0m (up JP¥1.56b from FY 2022). Profit margin: 1.5% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥812, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,030, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 25% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥96.40 (vs JP¥51.06 in 3Q 2022) Third quarter 2023 results: EPS: JP¥96.40 (up from JP¥51.06 in 3Q 2022). Revenue: JP¥16.0b (up 15% from 3Q 2022). Net income: JP¥446.0m (up 136% from 3Q 2022). Profit margin: 2.8% (up from 1.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥734, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 13x in the Consumer Retailing industry in Japan. Total loss to shareholders of 19% over the past three years. Announcement • Nov 30
Kuze Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Kuze Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥16.21 (vs JP¥92.40 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥16.21 (up from JP¥92.40 loss in 2Q 2022). Revenue: JP¥13.1b (up 32% from 2Q 2022). Net income: JP¥75.0m (up JP¥417.0m from 2Q 2022). Profit margin: 0.6% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than 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. 3 experienced directors. 5 highly experienced directors. 1 independent director (4 non-independent directors). Independent Outside Director Isao Hirakawa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Aug 31
Kuze Co., Ltd. to Report Q2, 2023 Results on Nov 14, 2022 Kuze Co., Ltd. announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: JP¥6.42 (vs JP¥123 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥6.42 (up from JP¥123 loss in 1Q 2022). Revenue: JP¥13.1b (up 41% from 1Q 2022). Net income: JP¥29.0m (up JP¥484.0m from 1Q 2022). Profit margin: 0.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% 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 • Jun 29
Kuze Co., Ltd. to Report Q1, 2023 Results on Aug 12, 2022 Kuze Co., Ltd. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 17
Full year 2022 earnings released: JP¥196 loss per share (vs JP¥503 loss in FY 2021) Full year 2022 results: JP¥196 loss per share (up from JP¥503 loss in FY 2021). Revenue: JP¥43.9b (up 16% from FY 2021). Net loss: JP¥727.0m (loss narrowed 61% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 57% 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. Announcement • May 15
Kuze Co., Ltd., Annual General Meeting, Jun 24, 2022 Kuze Co., Ltd., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Outside Director Isao Hirakawa was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 12
Kuze Co., Ltd. announced that it has received ¥700.183365 million in funding from KOKUBU GROUP CORP. On April 11, 2022, Kuze Co., Ltd. closed he transaction. Announcement • Apr 08
Kuze Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Kuze Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥51.06 (up from JP¥10.81 loss in 3Q 2021). Revenue: JP¥13.8b (up 10% from 3Q 2021). Net income: JP¥189.0m (up JP¥229.0m from 3Q 2021). Profit margin: 1.4% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Second quarter 2022 earnings released: JP¥92.40 loss per share (vs JP¥106 loss in 2Q 2021) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥9.97b (down 4.5% from 2Q 2021). Net loss: JP¥342.0m (loss narrowed 13% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • May 19
Full year 2021 earnings released: JP¥503 loss per share (vs JP¥78.35 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¥37.9b (down 41% from FY 2020). Net loss: JP¥1.86b (loss widened JP¥1.57b from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 14
Third quarter 2021 earnings released: JP¥10.81 loss per share (vs JP¥60.79 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¥12.6b (down 28% from 3Q 2020). Net loss: JP¥40.0m (down 118% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 03
New 90-day high: JP¥745 The company is up 5.0% from its price of JP¥708 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: JP¥734 The company is up 4.0% from its price of JP¥708 on 30 September 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Consumer Retailing industry, which is also up 4.0% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: JP¥106 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥10.4b (down 38% from 2Q 2020). Net loss: JP¥393.0m (down JP¥439.0m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 111% 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.