Reported Earnings • Jun 26
First quarter 2027 earnings released: EPS: JP¥92.61 (vs JP¥99.64 in 1Q 2026) First quarter 2027 results: EPS: JP¥92.61 (down from JP¥99.64 in 1Q 2026). Revenue: JP¥57.9b (up 10% from 1Q 2026). Net income: JP¥1.98b (down 7.2% from 1Q 2026). Profit margin: 3.4% (down from 4.1% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Declared Dividend • Jun 12
Final dividend of JP¥36.00 announced Shareholders will receive a dividend of JP¥36.00. Ex-date: 28th August 2026 Payment date: 5th November 2026 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 8.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 11
Halows Co.,Ltd., Annual General Meeting, May 28, 2026 Halows Co.,Ltd., Annual General Meeting, May 28, 2026. Announcement • Apr 02
Halows Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 10, 2026 Halows Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 10, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.5%). Announcement • Jan 15
Halows Co.,Ltd. Announces Change in Directorate Composition of Hidenori Hanaoka, Effective January 15, 2026 Halows Co. Ltd. at a meeting of its Board of Directors held on January 15, 2026, it has resolved to change the duties of a Director. Effective January 15, 2026, Hidenori Hanaoka's new position is Senior Managing Director, General Manager, Administrative Groups, General Manager, General Affairs Div. and in charge of BCP; Former position: Senior Managing Director, General Manager, Administrative Groups and in charge of BCP. Reported Earnings • Dec 27
Third quarter 2026 earnings released: EPS: JP¥107 (vs JP¥91.11 in 3Q 2025) Third quarter 2026 results: EPS: JP¥107 (up from JP¥91.11 in 3Q 2025). Revenue: JP¥55.8b (up 9.5% from 3Q 2025). Net income: JP¥2.29b (up 18% from 3Q 2025). Profit margin: 4.1% (up from 3.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 16% per year. Declared Dividend • Nov 06
First half dividend of JP¥34.00 announced Shareholders will receive a dividend of JP¥34.00. Ex-date: 26th February 2026 Payment date: 1st June 2026 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (1% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 27
Second quarter 2026 earnings released: EPS: JP¥91.54 (vs JP¥91.04 in 2Q 2025) Second quarter 2026 results: EPS: JP¥91.54 (up from JP¥91.04 in 2Q 2025). Revenue: JP¥59.0b (up 10% from 2Q 2025). Net income: JP¥1.95b (flat on 2Q 2025). Profit margin: 3.3% (down from 3.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥34.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 06 November 2025. Payout ratio is a comfortable 1.4% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.6%). Announcement • Jun 27
Halows Co.,Ltd. (TSE:2742) announces an Equity Buyback for 75,000 shares, representing 0.35% for ¥359.63 million. Halows Co.,Ltd. (TSE:2742) announces a share repurchase program. Under the program, the company will repurchase 75,000 shares, representing 0.35% of the outstanding shares for ¥359.63 million. The shares will be purchased at ¥4,795 per share. The purpose of the program is to enable the implementation of flexible capital policies in response to changes in the business environment. As of May 31, 2025, the company had 21,459,400 shares outstanding and 72,318 shares in treasury. Declared Dividend • Jun 18
Final dividend of JP¥34.00 announced Shareholders will receive a dividend of JP¥34.00. Ex-date: 28th August 2025 Payment date: 6th November 2025 Dividend yield will be 1.4%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (1% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 17% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥417 (vs JP¥402 in FY 2024) Full year 2025 results: EPS: JP¥417 (up from JP¥402 in FY 2024). Revenue: JP¥210.8b (up 7.8% from FY 2024). Net income: JP¥8.91b (up 3.8% from FY 2024). Profit margin: 4.2% (down from 4.4% 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 18% per year whereas the company’s share price has increased by 13% per year. Announcement • May 27
Halows Co.,Ltd. to Report Q1, 2026 Results on Jun 26, 2025 Halows Co.,Ltd. announced that they will report Q1, 2026 results on Jun 26, 2025 Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: JP¥417 (vs JP¥402 in FY 2024) Full year 2025 results: EPS: JP¥417 (up from JP¥402 in FY 2024). Revenue: JP¥210.8b (up 7.8% from FY 2024). Net income: JP¥8.91b (up 3.8% from FY 2024). Profit margin: 4.2% (down from 4.4% 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 18% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 26 May 2025. Payout ratio is a comfortable 1.4% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.6%). Announcement • Jan 29
Halows Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2025 Halows Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2025 Reported Earnings • Dec 28
Third quarter 2025 earnings released: EPS: JP¥91.11 (vs JP¥86.92 in 3Q 2024) Third quarter 2025 results: EPS: JP¥91.11 (up from JP¥86.92 in 3Q 2024). Revenue: JP¥52.5b (up 6.9% from 3Q 2024). Net income: JP¥1.95b (up 5.0% from 3Q 2024). Profit margin: 3.7% (down from 3.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year. Declared Dividend • Nov 07
First half dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.6%. Sustainability & Growth The dividend has increased by an average of 13% per year over the past 3 years and payments have been stable during that time. Declared Dividend • Sep 30
First half dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 1.2%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (1% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 13% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Sep 28
Second quarter 2025 earnings released: EPS: JP¥91.04 (vs JP¥83.07 in 2Q 2024) Second quarter 2025 results: EPS: JP¥91.04 (up from JP¥83.07 in 2Q 2024). Revenue: JP¥53.6b (up 8.2% from 2Q 2024). Net income: JP¥1.95b (up 9.6% from 2Q 2024). Profit margin: 3.6% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year and the company’s share price has also increased by 16% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,705, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 12x in the Consumer Retailing industry in Japan. Total returns to shareholders of 34% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to JP¥3,705. The fair value is estimated to be JP¥4,646, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.7% over the last 3 years. Earnings per share has grown by 13%. Reported Earnings • Jun 28
First quarter 2025 earnings released: EPS: JP¥95.98 (vs JP¥77.79 in 1Q 2024) First quarter 2025 results: EPS: JP¥95.98 (up from JP¥77.79 in 1Q 2024). Revenue: JP¥49.7b (up 8.1% from 1Q 2024). Net income: JP¥2.05b (up 23% from 1Q 2024). Profit margin: 4.1% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year. Announcement • Jun 27
Halows Co.,Ltd. Provides Non-Consolidated Earnings Guidance for the First Half and Full Fiscal Year Ending February 28, 2025 Halows Co.,Ltd. provided non-consolidated earnings guidance for the first half and full fiscal year ending February 28, 2025. For the first half, the company expects operating income of JPY 99,196 million, operating profit of JPY 5,270 million, profit of JPY 3,560 million and basic earnings per share of JPY 166.59.For the year ending February 28, 2025, the company expects operating income of JPY 201,755 million, operating profit of JPY 10,960 million, profit of JPY 7,420 million and basic earnings per share of JPY 347.22. Declared Dividend • Jun 06
Final dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 29th August 2024 Payment date: 5th November 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.6%. Sustainability & Growth Reported Earnings • Apr 12
Full year 2024 earnings released: EPS: JP¥402 (vs JP¥290 in FY 2023) Full year 2024 results: EPS: JP¥402 (up from JP¥290 in FY 2023). Revenue: JP¥195.4b (up 12% from FY 2023). Net income: JP¥8.59b (up 39% from FY 2023). Profit margin: 4.4% (up from 3.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Buy Or Sell Opportunity • Apr 12
Now 21% undervalued Over the last 90 days, the stock has risen 10% to JP¥4,655. The fair value is estimated to be JP¥5,928, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 9.6%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to decline by 10% in the next 2 years. Announcement • Mar 01
Halows Co.,Ltd. to Report Q1, 2025 Results on Jun 28, 2024 Halows Co.,Ltd. announced that they will report Q1, 2025 results on Jun 28, 2024 Upcoming Dividend • Feb 21
Upcoming dividend of JP¥24.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.5%). Reported Earnings • Dec 28
Third quarter 2024 earnings released: EPS: JP¥86.92 (vs JP¥72.82 in 3Q 2023) Third quarter 2024 results: EPS: JP¥86.92 (up from JP¥72.82 in 3Q 2023). Revenue: JP¥47.7b (up 11% from 3Q 2023). Net income: JP¥1.86b (up 19% from 3Q 2023). Profit margin: 3.9% (up from 3.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Sep 29
Second quarter 2024 earnings released: EPS: JP¥83.07 (vs JP¥69.08 in 2Q 2023) Second quarter 2024 results: EPS: JP¥83.07 (up from JP¥69.08 in 2Q 2023). Revenue: JP¥49.5b (up 14% from 2Q 2023). Net income: JP¥1.78b (up 20% from 2Q 2023). Profit margin: 3.6% (up from 3.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Sep 29
Halows Co.,Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 29, 2024 Halows Co.,Ltd. provided dividend guidance for the fiscal year ending February 29, 2024. For the year-end, the company expects to pay dividend of JPY 22.00 per share against JPY 20.00 per share paid a year ago. Announcement • Sep 13
Halows Co.,Ltd. (TSE:2742) announces an Equity Buyback for 15,000 shares, for ¥69 million. Halows Co.,Ltd. (TSE:2742) announces a share repurchase program. Under the program, the company will repurchase 15,000 shares, representing 0.07% of the outstanding shares for ¥69 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will be valid till September 15, 2023. As of May 31, 2023, the company had 21,423,900 shares outstanding and 57,255 shares in treasury. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥20.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 02 November 2023. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.6%). Reported Earnings • Jun 29
First quarter 2024 earnings released: EPS: JP¥77.79 (vs JP¥69.24 in 1Q 2023) First quarter 2024 results: EPS: JP¥77.79 (up from JP¥69.24 in 1Q 2023). Revenue: JP¥46.0b (up 10% from 1Q 2023). Net income: JP¥1.66b (up 12% from 1Q 2023). Profit margin: 3.6% (in line with 1Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • May 30
Full year 2023 earnings released: EPS: JP¥290 (vs JP¥278 in FY 2022) Full year 2023 results: EPS: JP¥290 (up from JP¥278 in FY 2022). Revenue: JP¥174.1b (up 6.6% from FY 2022). Net income: JP¥6.20b (up 4.5% from FY 2022). Profit margin: 3.6% (in line with FY 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 13
Full year 2023 earnings released: EPS: JP¥290 (vs JP¥278 in FY 2022) Full year 2023 results: EPS: JP¥290 (up from JP¥278 in FY 2022). Revenue: JP¥174.1b (up 6.6% from FY 2022). Net income: JP¥6.20b (up 4.5% from FY 2022). Profit margin: 3.6% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥20.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Announcement • Jan 31
Halows Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 11, 2023 Halows Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 11, 2023 Reported Earnings • Dec 28
Third quarter 2023 earnings released: EPS: JP¥72.82 (vs JP¥65.82 in 3Q 2022) Third quarter 2023 results: EPS: JP¥72.82 (up from JP¥65.82 in 3Q 2022). Revenue: JP¥41.8b (up 3.5% from 3Q 2022). Net income: JP¥1.56b (up 11% from 3Q 2022). Profit margin: 3.7% (up from 3.5% 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 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Outside Director Yoshinori Fujii was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 29
Second quarter 2023 earnings released: EPS: JP¥69.08 (vs JP¥64.65 in 2Q 2022) Second quarter 2023 results: EPS: JP¥69.08 (up from JP¥64.65 in 2Q 2022). Revenue: JP¥42.2b (up 1.0% from 2Q 2022). Net income: JP¥1.48b (up 6.9% from 2Q 2022). Profit margin: 3.5% (up from 3.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 07 November 2022. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: JP¥278 (vs JP¥277 in FY 2021) Full year 2022 results: EPS: JP¥278 (up from JP¥277 in FY 2021). Revenue: JP¥163.4b (up 7.5% from FY 2021). Net income: JP¥5.93b (up 7.9% from FY 2021). Profit margin: 3.6% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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 not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director Yoshinori Fujii was the last independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 14
Halows Co.,Ltd., Annual General Meeting, May 26, 2022 Halows Co.,Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 14
Full year 2022 earnings released: EPS: JP¥278 (vs JP¥277 in FY 2021) Full year 2022 results: EPS: JP¥278 (up from JP¥277 in FY 2021). Revenue: JP¥163.4b (up 7.5% from FY 2021). Net income: JP¥5.93b (up 7.9% from FY 2021). Profit margin: 3.6% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 18
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 28 May 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.6%). Announcement • Jan 28
Halows Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 13, 2022 Halows Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 13, 2022 Reported Earnings • Dec 28
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥65.82 (up from JP¥54.32 in 3Q 2021). Revenue: JP¥37.3b (flat on 3Q 2021). Net income: JP¥1.41b (up 31% from 3Q 2021). Profit margin: 3.8% (up from 2.9% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Dec 27
Halows Co.,Ltd. Provides Non-Consolidated Earnings Guidance for the Fiscal Full Year Ending February 28, 2022 Halows Co.,Ltd. provided non-consolidated earnings guidance for the fiscal full year ending February 28, 2022. For the year, the company expected Operating income of JPY 156,800 million, Operating profit of JPY 7,330 million, Profit of JPY 4,920 million, Basic earnings per share of JPY 230.36. Announcement • Oct 01
Halows Co.,Ltd. Provides Non-Consolidated Financial Results Forecasts for the Fiscal Year Ending February 28, 2022 Halows Co.,Ltd. provided Non-consolidated Financial Results Forecasts for the Fiscal Year Ending February 28, 2022. For the period, the company expected Operating income of JPY 156,800 million, Operating profit of JPY 7,330 million, Profit of JPY 4,920 million and Basic earnings per share of JPY 230.39. Reported Earnings • Sep 29
Second quarter 2022 earnings released: EPS JP¥64.65 (vs JP¥68.72 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥41.8b (up 8.2% from 2Q 2021). Net income: JP¥1.38b (up 1.5% from 2Q 2021). Profit margin: 3.3% (down from 3.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 06 November 2021. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (1.4%). Announcement • Jun 30
Halows Co.,Ltd. Provides Non-Consolidated Earnings Guidance for the First Half Year and Fiscal Year Ending February 28, 2022 Halows Co.,Ltd. provided non-consolidated earnings guidance for the first half year and fiscal year ending February 28, 2022. For the first half year, the company expected operating income of JPY 76,500 million, operating profit of JPY 3,260 million, profit of JPY 2,190 million or basic earnings per share of JPY 102.58.
For the year, the company expected operating income of JPY 156,800 million, operating profit of JPY 7,300 million, profit of JPY 4,920 million or basic earnings per share of JPY 230.45. Reported Earnings • Jun 29
First quarter 2022 earnings released: EPS JP¥63.09 (vs JP¥67.00 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: JP¥39.1b (up 2.8% from 1Q 2021). Net income: JP¥1.35b (up 1.6% from 1Q 2021). Profit margin: 3.4% (down from 3.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2021 earnings released: EPS JP¥277 (vs JP¥179 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥151.9b (up 13% from FY 2020). Net income: JP¥5.50b (up 55% from FY 2020). Profit margin: 3.6% (up from 2.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.