Buy Or Sell Opportunity • Jun 15
Now 22% overvalued Over the last 90 days, the stock has fallen 11% to JP¥655. The fair value is estimated to be JP¥535, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 21%. Announcement • Jun 01
O'will Corporation to Report Q1, 2027 Results on Aug 10, 2026 O'will Corporation announced that they will report Q1, 2027 results on Aug 10, 2026 New Risk • May 13
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥6.14b market cap, or US$38.9m). Reported Earnings • May 13
Full year 2026 earnings released: EPS: JP¥88.02 (vs JP¥102 in FY 2025) Full year 2026 results: EPS: JP¥88.02 (down from JP¥102 in FY 2025). Revenue: JP¥41.9b (up 7.0% from FY 2025). Net income: JP¥793.0m (down 13% from FY 2025). Profit margin: 1.9% (down from 2.3% 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 21% per year whereas the company’s share price has increased by 20% per year. Announcement • May 11
O'will Corporation, Annual General Meeting, Jun 25, 2026 O'will Corporation, Annual General Meeting, Jun 25, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: JP¥24.51 (vs JP¥22.15 in 3Q 2025) Third quarter 2026 results: EPS: JP¥24.51 (up from JP¥22.15 in 3Q 2025). Revenue: JP¥10.7b (up 8.4% from 3Q 2025). Net income: JP¥221.0m (up 11% from 3Q 2025). Profit margin: 2.1% (up from 2.0% 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 26% per year whereas the company’s share price has increased by 24% per year. Announcement • Nov 29
O'will Corporation to Report Q3, 2026 Results on Feb 09, 2026 O'will Corporation announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: JP¥10.9b (down 2.2% from 2Q 2025). Net income: JP¥247.0m (down 22% from 2Q 2025). Profit margin: 2.3% (down from 2.8% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Sep 01
O'will Corporation to Report Q2, 2026 Results on Nov 10, 2025 O'will Corporation announced that they will report Q2, 2026 results on Nov 10, 2025 Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: JP¥128 (vs JP¥77.60 in 1Q 2025) First quarter 2026 results: EPS: JP¥128 (up from JP¥77.60 in 1Q 2025). Revenue: JP¥10.7b (up 14% from 1Q 2025). Net income: JP¥383.0m (up 65% from 1Q 2025). Profit margin: 3.6% (up from 2.5% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 24% per year. New Risk • Aug 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (JP¥6.30b market cap, or US$42.5m). Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥2,136, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 13x in the Consumer Retailing industry in Japan. Total returns to shareholders of 115% over the past three years. Buy Or Sell Opportunity • Jun 09
Now 23% overvalued Over the last 90 days, the stock has fallen 2.6% to JP¥1,757. The fair value is estimated to be JP¥1,423, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 22%. Announcement • Jun 03
O'will Corporation to Report Q1, 2026 Results on Aug 12, 2025 O'will Corporation announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 14
Full year 2025 earnings released: EPS: JP¥306 (vs JP¥221 in FY 2024) Full year 2025 results: EPS: JP¥306 (up from JP¥221 in FY 2024). Revenue: JP¥39.2b (up 23% from FY 2024). Net income: JP¥915.0m (up 34% from FY 2024). Profit margin: 2.3% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Buy Or Sell Opportunity • May 13
Now 22% overvalued Over the last 90 days, the stock has fallen 5.3% to JP¥1,735. The fair value is estimated to be JP¥1,423, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 18%. Announcement • May 12
O'will Corporation, Annual General Meeting, Jun 24, 2025 O'will Corporation, Annual General Meeting, Jun 24, 2025. Announcement • Apr 17
O'will Corporation acquired an additional unknown minority stake in Niitakaya Usa, Inc. O'will Corporation acquired an additional unknown minority stake in Niitakaya Usa, Inc. on April 16, 2025.
O'will Corporation completed the acquisition of an additional unknown minority stake in Niitakaya Usa, Inc. on April 16, 2025. Buy Or Sell Opportunity • Apr 11
Now 23% overvalued Over the last 90 days, the stock has fallen 3.1% to JP¥1,745. The fair value is estimated to be JP¥1,423, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 18%. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥60.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 01
O'will Corporation to Report Fiscal Year 2025 Results on May 12, 2025 O'will Corporation announced that they will report fiscal year 2025 results on May 12, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥66.46 (vs JP¥56.00 in 3Q 2024) Third quarter 2025 results: EPS: JP¥66.46 (up from JP¥56.00 in 3Q 2024). Revenue: JP¥9.91b (up 26% from 3Q 2024). Net income: JP¥199.0m (up 16% from 3Q 2024). Profit margin: 2.0% (down from 2.2% 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 18% per year whereas the company’s share price has increased by 17% per year. Announcement • Jan 30
sanko-shokuhin Co., Ltd completed the acquisition of Sun honest Co. Ltd. from O'will Corporation (TSE:3143). sanko-shokuhin Co., Ltd agreed to acquire Sun honest Co. Ltd. from O'will Corporation (TSE:3143) for approximately ¥180 million on January 14, 2025.
For the period ending March 31, 2024, Sun honest Co. Ltd. reported total revenue of ¥911.09 million, EBIT of ¥8.86 million and net income of ¥20.5 million. As of March 31, 2024, Sun honest Co. Ltd. reported total assets of ¥777.53 million and total common equity of ¥10.42 million.
The transaction is subject to approval of offer by acquirer board. the approval has been granted. The expected completion of the transaction is January 30, 2025.
sanko-shokuhin Co., Ltd completed the acquisition of Sun honest Co. Ltd. from O'will Corporation (TSE:3143) on January 30, 2025. Announcement • Jan 15
sanko-shokuhin Co., Ltd agreed to acquire Sun honest Co. Ltd. from O'will Corporation (TSE:3143) for approximately ¥180 million. sanko-shokuhin Co., Ltd agreed to acquire Sun honest Co. Ltd. from O'will Corporation (TSE:3143) for approximately ¥180 million on January 14, 2025.
For the period ending March 31, 2024, Sun honest Co. Ltd. reported total revenue of ¥911.09 million, EBIT of ¥8.86 million and net income of ¥20.5 million. As of March 31, 2024, Sun honest Co. Ltd. reported total assets of ¥777.53 million and total common equity of ¥10.42 million.
The transaction is subject to approval of offer by acquirer board. the approval has been granted. The expected completion of the transaction is January 30, 2025. Announcement • Nov 30
O'will Corporation to Report Q3, 2025 Results on Feb 10, 2025 O'will Corporation announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: JP¥106 (vs JP¥64.13 in 2Q 2024) Second quarter 2025 results: EPS: JP¥106 (up from JP¥64.13 in 2Q 2024). Revenue: JP¥11.2b (up 32% from 2Q 2024). Net income: JP¥318.0m (up 57% from 2Q 2024). Profit margin: 2.8% (up from 2.4% in 2Q 2024). 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 and the company’s share price has also increased by 15% per year. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.4% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (245% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (JP¥5.61b market cap, or US$36.3m). Announcement • Aug 27
O'will Corporation to Report Q2, 2025 Results on Nov 11, 2024 O'will Corporation announced that they will report Q2, 2025 results on Nov 11, 2024 New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (245% cash payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (JP¥4.10b market cap, or US$28.8m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥1,370, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 12x in the Consumer Retailing industry in Japan. Total returns to shareholders of 49% over the past three years. Announcement • Jun 02
O'will Corporation to Report Q1, 2025 Results on Aug 13, 2024 O'will Corporation announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥221 (vs JP¥184 in FY 2023) Full year 2024 results: EPS: JP¥221 (up from JP¥184 in FY 2023). Revenue: JP¥31.8b (up 1.7% from FY 2023). Net income: JP¥681.0m (up 17% from FY 2023). Profit margin: 2.1% (up from 1.9% 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 12% per year whereas the company’s share price has increased by 15% per year. Announcement • May 15
O'will Corporation, Annual General Meeting, Jun 25, 2024 O'will Corporation, Annual General Meeting, Jun 25, 2024. Announcement • Apr 03
O'will Corporation (TSE:3143) completed the acquisition of Kaisen Co., Ltd. from Hiroshi Kishiwada. O'will Corporation (TSE:3143) agreed to acquire Kaisen Co., Ltd. from Hiroshi Kishiwada on March 25, 2024. As per the transaction, O'will Corporation will acquire 310 shares of Kaisen Co., Ltd. As of March 31, 2023, Kaisen Co., Ltd. generated net assets of ¥506.7 million, total assets of ¥2.7 billion, sales of ¥4.7 billion, operating income of ¥144.4 million and net income of ¥95.9 million. The transaction is expected to close on April 1, 2024.O'will Corporation (TSE:3143) completed the acquisition of Kaisen Co., Ltd. from Hiroshi Kishiwada on April 1, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.5%. Within top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.5%). Announcement • Mar 02
O'will Corporation to Report Fiscal Year 2024 Results on May 13, 2024 O'will Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥56.00 (vs JP¥40.96 in 3Q 2023) Third quarter 2024 results: EPS: JP¥56.00 (up from JP¥40.96 in 3Q 2023). Revenue: JP¥7.84b (down 2.6% from 3Q 2023). Net income: JP¥171.0m (up 33% from 3Q 2023). Profit margin: 2.2% (up from 1.6% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Nov 29
O'will Corporation to Report Q3, 2024 Results on Feb 13, 2024 O'will Corporation announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥64.13 (vs JP¥64.77 in 2Q 2023) Second quarter 2024 results: EPS: JP¥64.13 (down from JP¥64.77 in 2Q 2023). Revenue: JP¥8.47b (down 1.1% from 2Q 2023). Net income: JP¥202.0m (down 1.0% from 2Q 2023). Profit margin: 2.4% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
O'will Corporation to Report Q2, 2024 Results on Nov 13, 2023 O'will Corporation announced that they will report Q2, 2024 results on Nov 13, 2023 Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: JP¥55.88 (vs JP¥56.20 in 1Q 2023) First quarter 2024 results: EPS: JP¥55.88 (down from JP¥56.20 in 1Q 2023). Revenue: JP¥8.12b (up 2.2% from 1Q 2023). Net income: JP¥176.0m (flat on 1Q 2023). Profit margin: 2.2% (in line with 1Q 2023). 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 6% per year, which means it is significantly lagging earnings growth. Announcement • May 28
O'will Corporation to Report Q1, 2024 Results on Aug 14, 2023 O'will Corporation announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥184 (vs JP¥183 in FY 2022) Full year 2023 results: EPS: JP¥184 (up from JP¥183 in FY 2022). Revenue: JP¥31.3b (up 10% from FY 2022). Net income: JP¥580.0m (flat on FY 2022). Profit margin: 1.9% (down from 2.0% in FY 2022). 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 but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 14
O'will Corporation, Annual General Meeting, Jun 22, 2023 O'will Corporation, Annual General Meeting, Jun 22, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥47.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 26 June 2023. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: JP¥40.96 (vs JP¥40.00 in 3Q 2022) Third quarter 2023 results: EPS: JP¥40.96 (up from JP¥40.00 in 3Q 2022). Revenue: JP¥8.05b (up 19% from 3Q 2022). Net income: JP¥129.0m (up 2.4% from 3Q 2022). Profit margin: 1.6% (down from 1.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Nov 27
O'will Corporation to Report Q3, 2023 Results on Feb 13, 2023 O'will Corporation announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥64.77 (vs JP¥53.97 in 2Q 2022) Second quarter 2023 results: EPS: JP¥64.77 (up from JP¥53.97 in 2Q 2022). Revenue: JP¥8.56b (up 14% from 2Q 2022). Net income: JP¥204.0m (up 20% from 2Q 2022). Profit margin: 2.4% (up from 2.3% in 2Q 2022). The increase in margin was driven by higher revenue. 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 8% per year, which means it is significantly lagging earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Tomoaki Hisatsuka was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 28
O'will Corporation to Report Q2, 2023 Results on Nov 14, 2022 O'will Corporation announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 09
First quarter 2023 earnings released: EPS: JP¥56.20 (vs JP¥77.47 in 1Q 2022) First quarter 2023 results: EPS: JP¥56.20 (down from JP¥77.47 in 1Q 2022). Revenue: JP¥7.94b (up 5.1% from 1Q 2022). Net income: JP¥177.0m (down 28% from 1Q 2022). Profit margin: 2.2% (down from 3.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • May 29
O'will Corporation to Report Q1, 2023 Results on Aug 08, 2022 O'will Corporation announced that they will report Q1, 2023 results on Aug 08, 2022 Announcement • May 12
O'will Corporation, Annual General Meeting, Jun 23, 2022 O'will Corporation, Annual General Meeting, Jun 23, 2022. Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥183 (vs JP¥110 in FY 2021) Full year 2022 results: EPS: JP¥183 (up from JP¥110 in FY 2021). Revenue: JP¥28.3b (down 4.1% from FY 2021). Net income: JP¥575.0m (up 66% from FY 2021). Profit margin: 2.0% (up from 1.2% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors 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. 5 experienced directors. 2 highly experienced directors. No independent directors (8 non-independent directors). Director Satoru Asada was the last 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: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 07
O'will Corporation to Report Fiscal Year 2022 Results on May 10, 2022 O'will Corporation announced that they will report fiscal year 2022 results on May 10, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 24% 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 (1.6%). Reported Earnings • Feb 18
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥40.00 (up from JP¥18.41 in 3Q 2021). Revenue: JP¥6.75b (down 3.0% from 3Q 2021). Net income: JP¥126.0m (up 117% from 3Q 2021). Profit margin: 1.9% (up from 0.8% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥53.97 (vs JP¥49.85 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¥7.50b (down 12% from 2Q 2021). Net income: JP¥170.0m (up 8.3% from 2Q 2021). Profit margin: 2.3% (up from 1.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS JP¥77.47 (vs JP¥28.26 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥7.56b (up 2.2% from 1Q 2021). Net income: JP¥244.0m (up 174% from 1Q 2021). Profit margin: 3.2% (up from 1.2% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥110 (vs JP¥150 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥29.5b (down 9.7% from FY 2020). Net income: JP¥347.0m (down 27% from FY 2020). Profit margin: 1.2% (down from 1.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥110 (vs JP¥150 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥29.5b (down 9.7% from FY 2020). Net income: JP¥347.0m (down 27% from FY 2020). Profit margin: 1.2% (down from 1.4% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 4.1%. Within top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.4%). Announcement • Mar 04
O'will Corporation to Report Fiscal Year 2021 Results on May 10, 2021 O'will Corporation announced that they will report fiscal year 2021 results on May 10, 2021 Is New 90 Day High Low • Mar 03
New 90-day high: JP¥1,069 The company is up 5.0% from its price of JP¥1,014 on 03 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 2.0% over the same period. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥18.41 (vs JP¥34.29 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥6.96b (down 15% from 3Q 2020). Net income: JP¥58.0m (down 46% from 3Q 2020). Profit margin: 0.8% (down from 1.3% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 15
New 90-day high: JP¥1,055 The company is up 6.0% from its price of JP¥992 on 16 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: JP¥1,037 The company is up 6.0% from its price of JP¥981 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 4.0% over the same period. Announcement • Nov 29
O'will Corporation to Report Q3, 2021 Results on Feb 08, 2021 O'will Corporation announced that they will report Q3, 2021 results at 1:00 AM, GMT Standard Time on Feb 08, 2021 Announcement • Aug 30
O'will Corporation to Report Q2, 2021 Results on Nov 09, 2020 O'will Corporation announced that they will report Q2, 2021 results at 1:00 AM, GMT Standard Time on Nov 09, 2020 
