New Risk • Apr 22
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: 1.7% 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. This is currently the only risk that has been identified for the company. Declared Dividend • Apr 11
First half dividend of JP¥12.00 announced Shareholders will receive a dividend of JP¥12.00. Ex-date: 30th July 2026 Payment date: 30th October 2026 Dividend yield will be 1.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 17
Second quarter 2026 earnings released: EPS: JP¥38.52 (vs JP¥42.05 in 2Q 2025) Second quarter 2026 results: EPS: JP¥38.52 (down from JP¥42.05 in 2Q 2025). Revenue: JP¥53.5b (up 9.7% from 2Q 2025). Net income: JP¥1.96b (down 8.4% from 2Q 2025). Profit margin: 3.7% (down from 4.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Consumer Retailing industry in Japan. 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 19% per year. Upcoming Dividend • Jan 22
Upcoming dividend of JP¥12.00 per share Eligible shareholders must have bought the stock before 29 January 2026. Payment date: 10 April 2026. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (1.5%). Reported Earnings • Dec 16
First quarter 2026 earnings released: EPS: JP¥21.39 (vs JP¥13.19 in 1Q 2025) First quarter 2026 results: EPS: JP¥21.39. Revenue: JP¥47.7b (up 8.2% from 1Q 2025). Net income: JP¥545.0m (down 21% from 1Q 2025). Profit margin: 1.1% (down from 1.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Japan. Declared Dividend • Nov 14
Final dividend of JP¥12.00 announced Shareholders will receive a dividend of JP¥12.00. Ex-date: 29th January 2026 Payment date: 10th April 2026 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 19% per year over the past 9 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 2 years, which should provide support to the dividend and adequate earnings cover. New Risk • Oct 29
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 94% 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. This is currently the only risk that has been identified for the company. Announcement • Oct 28
JM Holdings Co.,Ltd. to Report Q1, 2026 Results on Dec 12, 2025 JM Holdings Co.,Ltd. announced that they will report Q1, 2026 results on Dec 12, 2025 Reported Earnings • Sep 14
Full year 2025 earnings released: EPS: JP¥252 (vs JP¥205 in FY 2024) Full year 2025 results: EPS: JP¥252 (up from JP¥205 in FY 2024). Revenue: JP¥186.2b (up 8.1% from FY 2024). Net income: JP¥6.46b (up 18% from FY 2024). Profit margin: 3.5% (up from 3.2% 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 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 12
JM Holdings Co.,Ltd., Annual General Meeting, Oct 29, 2025 JM Holdings Co.,Ltd., Annual General Meeting, Oct 29, 2025. Announcement • Jul 29
JM Holdings Co.,Ltd. to Report Fiscal Year 2025 Results on Sep 12, 2025 JM Holdings Co.,Ltd. announced that they will report fiscal year 2025 results on Sep 12, 2025 Upcoming Dividend • Jul 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 July 2025. Payment date: 29 October 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.9%). In line with average of industry peers (1.7%). Buy Or Sell Opportunity • Jul 04
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to JP¥2,642. The fair value is estimated to be JP¥2,198, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 13%. Buy Or Sell Opportunity • Jun 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.0% to JP¥2,589. The fair value is estimated to be JP¥2,135, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 13%. Announcement • Apr 29
JM Holdings Co.,Ltd. to Report Q3, 2025 Results on Jun 12, 2025 JM Holdings Co.,Ltd. announced that they will report Q3, 2025 results on Jun 12, 2025 Declared Dividend • Apr 11
First half dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 30th July 2025 Payment date: 29th October 2025 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 (21% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 18% per year over the past 9 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 • Mar 15
Second quarter 2025 earnings released: EPS: JP¥84.11 (vs JP¥68.07 in 2Q 2024) Second quarter 2025 results: EPS: JP¥84.11 (up from JP¥68.07 in 2Q 2024). Revenue: JP¥48.8b (up 7.0% from 2Q 2024). Net income: JP¥2.14b (up 18% from 2Q 2024). Profit margin: 4.4% (up from 4.0% 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 12% per year whereas the company’s share price has increased by 11% per year. Announcement • Jan 28
JM Holdings Co.,Ltd. to Report Q2, 2025 Results on Mar 14, 2025 JM Holdings Co.,Ltd. announced that they will report Q2, 2025 results on Mar 14, 2025 Upcoming Dividend • Jan 23
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 30 January 2025. Payment date: 10 April 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 13
First quarter 2025 earnings released: EPS: JP¥26.38 (vs JP¥35.38 in 1Q 2024) First quarter 2025 results: EPS: JP¥26.38 (down from JP¥35.38 in 1Q 2024). Revenue: JP¥44.1b (up 6.4% from 1Q 2024). Net income: JP¥687.0m (down 27% from 1Q 2024). Profit margin: 1.6% (down from 2.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year. Announcement • Nov 27
Japan Meat Co.,Ltd. Common Stock to Be Deleted from OTC Equity Japan Meat Co.,Ltd. Common Stock will be deleted from OTC Equity effective November 26, 2024, due to Inactive Security. Declared Dividend • Nov 07
Final dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 30th January 2025 Payment date: 10th April 2025 Dividend yield will be 1.5%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 20% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Oct 30
JM Holdings Co.,Ltd. to Report Q1, 2025 Results on Dec 12, 2024 JM Holdings Co.,Ltd. announced that they will report Q1, 2025 results on Dec 12, 2024 Reported Earnings • Sep 17
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥205 (up from JP¥166 in FY 2023). Revenue: JP¥172.3b (up 11% from FY 2023). Net income: JP¥5.47b (up 24% from FY 2023). Profit margin: 3.2% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.5%. 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. Announcement • Sep 14
JM Holdings Co.,Ltd. (TSE:3539) announces an Equity Buyback for 1,400,000 shares, representing 5.25% for ¥4,277 million. JM Holdings Co.,Ltd. (TSE:3539) announces a share repurchase program. Under the program, the company will repurchase up to 1,400,000 shares, representing 5.25% of its issued share capital (excluding treasury stock), for a total purchase price of ¥4,277 million. The shares will be repurchased at a price of ¥3,055 per share. The purpose of the program is to enhancing shareholder returns and improving capital efficiency, as well as implementing flexible capital policies that respond to changes in the business environment and increasing corporate value. The repurchased shares will be cancelled. As of July 31, 2024, the company has 26,678,941 issued shares (excluding treasury stock) and 559 treasury shares. Announcement • Jul 27
JM Holdings Co.,Ltd. to Report Fiscal Year 2024 Results on Sep 12, 2024 JM Holdings Co.,Ltd. announced that they will report fiscal year 2024 results on Sep 12, 2024 Upcoming Dividend • Jul 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 24 October 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.7%). Reported Earnings • Jun 15
Third quarter 2024 earnings released: EPS: JP¥44.83 (vs JP¥37.97 in 3Q 2023) Third quarter 2024 results: EPS: JP¥44.83 (up from JP¥37.97 in 3Q 2023). Revenue: JP¥42.4b (up 9.1% from 3Q 2023). Net income: JP¥1.20b (up 18% from 3Q 2023). Profit margin: 2.8% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 9% per year. Announcement • Apr 29
JM Holdings Co.,Ltd. to Report Q3, 2024 Results on Jun 12, 2024 JM Holdings Co.,Ltd. announced that they will report Q3, 2024 results on Jun 12, 2024 Declared Dividend • Mar 15
First half dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 30th July 2024 Payment date: 24th October 2024 Dividend yield will be 1.5%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 2.2% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 14
Second quarter 2024 earnings released: EPS: JP¥68.07 (vs JP¥53.04 in 2Q 2023) Second quarter 2024 results: EPS: JP¥68.07 (up from JP¥53.04 in 2Q 2023). Revenue: JP¥45.6b (up 17% from 2Q 2023). Net income: JP¥1.82b (up 28% from 2Q 2023). Profit margin: 4.0% (up from 3.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 2.7% 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 4% per year. Announcement • Jan 28
JM Holdings Co.,Ltd. to Report Q2, 2024 Results on Mar 13, 2024 JM Holdings Co.,Ltd. announced that they will report Q2, 2024 results on Mar 13, 2024 Upcoming Dividend • Jan 23
Upcoming dividend of JP¥20.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 30 January 2024. Payment date: 10 April 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). In line with average of industry peers (1.6%). Reported Earnings • Dec 15
First quarter 2024 earnings released: EPS: JP¥35.38 (vs JP¥24.29 in 1Q 2023) First quarter 2024 results: EPS: JP¥35.38 (up from JP¥24.29 in 1Q 2023). Revenue: JP¥41.4b (up 17% from 1Q 2023). Net income: JP¥944.0m (up 46% from 1Q 2023). Profit margin: 2.3% (up from 1.8% 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 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 02
Full year 2023 earnings released: EPS: JP¥166 (vs JP¥160 in FY 2022) Full year 2023 results: EPS: JP¥166 (up from JP¥160 in FY 2022). Revenue: JP¥154.8b (up 9.9% from FY 2022). Net income: JP¥4.42b (up 3.5% from FY 2022). Profit margin: 2.9% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Oct 29
JM Holdings Co.,Ltd. to Report Q1, 2024 Results on Dec 12, 2023 JM Holdings Co.,Ltd. announced that they will report Q1, 2024 results on Dec 12, 2023 Reported Earnings • Sep 17
Full year 2023 earnings released: EPS: JP¥166 (vs JP¥160 in FY 2022) Full year 2023 results: EPS: JP¥166 (up from JP¥160 in FY 2022). Revenue: JP¥154.8b (up 9.9% from FY 2022). Net income: JP¥4.42b (up 3.5% from FY 2022). Profit margin: 2.9% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Sep 12
JM Holdings Co.,Ltd., Annual General Meeting, Oct 23, 2023 JM Holdings Co.,Ltd., Annual General Meeting, Oct 23, 2023. Announcement • Jul 29
JM Holdings Co.,Ltd. to Report Fiscal Year 2023 Results on Sep 12, 2023 JM Holdings Co.,Ltd. announced that they will report fiscal year 2023 results on Sep 12, 2023 Upcoming Dividend • Jul 21
Upcoming dividend of JP¥20.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.7%). Reported Earnings • Jun 13
Third quarter 2023 earnings released: EPS: JP¥37.97 (vs JP¥36.17 in 3Q 2022) Third quarter 2023 results: EPS: JP¥37.97 (up from JP¥36.17 in 3Q 2022). Revenue: JP¥38.9b (up 13% from 3Q 2022). Net income: JP¥1.01b (up 5.0% from 3Q 2022). Profit margin: 2.6% (down from 2.8% 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 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 15
Second quarter 2023 earnings released: EPS: JP¥53.04 (vs JP¥50.34 in 2Q 2022) Second quarter 2023 results: EPS: JP¥53.04 (up from JP¥50.34 in 2Q 2022). Revenue: JP¥39.1b (up 6.4% from 2Q 2022). Net income: JP¥1.42b (up 5.4% from 2Q 2022). Profit margin: 3.6% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year. Announcement • Jan 28
JM Holdings Co.,Ltd. to Report Q2, 2023 Results on Feb 14, 2023 JM Holdings Co.,Ltd. announced that they will report Q2, 2023 results on Feb 14, 2023 Upcoming Dividend • Jan 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 January 2023. Payment date: 10 April 2023. Payout ratio is a comfortable 22% and the cash payout ratio is 86%. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 14
First quarter 2023 earnings released: EPS: JP¥24.29 (vs JP¥22.53 in 1Q 2022) First quarter 2023 results: EPS: JP¥24.29 (up from JP¥22.53 in 1Q 2022). Revenue: JP¥35.3b (up 2.9% from 1Q 2022). Net income: JP¥648.0m (up 7.8% from 1Q 2022). Profit margin: 1.8% (in line with 1Q 2022). 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 No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . 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 • Sep 14
Full year 2022 earnings released: EPS: JP¥160 (vs JP¥159 in FY 2021) Full year 2022 results: EPS: JP¥160 (up from JP¥159 in FY 2021). Revenue: JP¥140.8b (up 8.5% from FY 2021). Net income: JP¥4.27b (flat on FY 2021). Profit margin: 3.0% (down from 3.3% in FY 2021). 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 fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%). Announcement • Jul 15
JM Holdings Co.,Ltd. to Report Fiscal Year 2022 Results on Sep 12, 2022 JM Holdings Co.,Ltd. announced that they will report fiscal year 2022 results on Sep 12, 2022 Reported Earnings • Jun 13
Third quarter 2022 earnings released: EPS: JP¥36.17 (vs JP¥45.54 in 3Q 2021) Third quarter 2022 results: EPS: JP¥36.17 (down from JP¥45.54 in 3Q 2021). Revenue: JP¥34.6b (up 12% from 3Q 2021). Net income: JP¥965.0m (down 21% from 3Q 2021). Profit margin: 2.8% (down from 3.9% in 3Q 2021). 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 4% per year, which means it is significantly lagging earnings. 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. 12 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . 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 • Mar 15
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥50.34 (down from JP¥52.67 in 2Q 2021). Revenue: JP¥36.8b (up 6.7% from 2Q 2021). Net income: JP¥1.34b (down 4.3% from 2Q 2021). Profit margin: 3.7% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jan 28
JM Holdings Co.,Ltd. to Report Q2, 2022 Results on Mar 14, 2022 JM Holdings Co.,Ltd. announced that they will report Q2, 2022 results on Mar 14, 2022 Upcoming Dividend • Jan 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 January 2022. Payment date: 11 April 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 19
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥22.53 (down from JP¥28.21 in 1Q 2021). Revenue: JP¥34.3b (up 9.0% from 1Q 2021). Net income: JP¥601.0m (down 20% from 1Q 2021). Profit margin: 1.8% (down from 2.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 19
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: JP¥22.53 (down from JP¥28.21 in 1Q 2021). Revenue: JP¥34.3b (up 9.0% from 1Q 2021). Net income: JP¥601.0m (down 20% from 1Q 2021). Profit margin: 1.8% (down from 2.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 17
Full year 2021 earnings released: EPS JP¥159 (vs JP¥137 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥129.8b (up 2.3% from FY 2020). Net income: JP¥4.25b (up 16% from FY 2020). Profit margin: 3.3% (up from 2.9% 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 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 20 October 2021. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.0%). In line with average of industry peers (1.5%). Reported Earnings • Jun 13
Third quarter 2021 earnings released: EPS JP¥45.54 (vs JP¥41.41 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥31.0b (down 4.3% from 3Q 2020). Net income: JP¥1.21b (up 10.0% from 3Q 2020). Profit margin: 3.9% (up from 3.4% in 3Q 2020). 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 fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 16
Second quarter 2021 earnings released: EPS JP¥52.67 (vs JP¥45.46 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥34.5b (up 7.2% from 2Q 2020). Net income: JP¥1.40b (up 16% from 2Q 2020). Profit margin: 4.1% (up from 3.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Feb 02
JM Holdings Co.,Ltd. (TSE:3539) agreed to acquire the remaining 92.3% stake in Den'en Toshi Mirai Nitta Co., Ltd. from Organization for Small & Medium Enterprises and Regional Innovation, JAPAN, Ota City, Gunma Prefecture, 48 individual shareholders and corporations. JM Holdings Co.,Ltd. (TSE:3539) agreed to acquire the remaining 92.3% stake in Den'en Toshi Mirai Nitta Co., Ltd. from Organization for Small & Medium Enterprises and Regional Innovation, JAPAN, Ota City, Gunma Prefecture, 48 individual shareholders and corporations on February 1, 2021. Pursuant to the terms, JM Holdings Co.,Ltd. will acquire 0.01203 million shares whereas, Organization for Small & Medium Enterprises and Regional Innovation, JAPAN will sell 29.6% stake, Ota City, Gunma Prefecture will sell 29.6% stake, 48 individual shareholders and corporations will sell 33.1% stake in Den'en Toshi Mirai Nitta Co., Ltd. Den'en Toshi Mirai Nitta Co., Ltd reported net assets of ¥941 million, total assets of ¥1.7 billion, sales of ¥431 million, operating income of ¥122 million and net profit of ¥84 million for the year ended March 31, 2020. The board of directors of JM Holdings Co.,Ltd. approved the transaction. The transaction is expected to complete on February 15, 2021. Announcement • Jan 28
JM Holdings Co.,Ltd. to Report Q2, 2021 Results on Mar 15, 2021 JM Holdings Co.,Ltd. announced that they will report Q2, 2021 results on Mar 15, 2021 Is New 90 Day High Low • Jan 15
New 90-day low: JP¥2,217 The company is down 11% from its price of JP¥2,500 on 16 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: JP¥2,289 The company is down 27% from its price of JP¥3,155 on 18 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 1.0% over the same period. Reported Earnings • Dec 14
First quarter 2021 earnings released: EPS JP¥28.21 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥31.5b (up 5.4% from 1Q 2020). Net income: JP¥752.0m (up 16% from 1Q 2020). Profit margin: 2.4% (up from 2.2% in 1Q 2020). 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 13% per year. Announcement • Jul 26
JM Holdings Co.,Ltd. to Report Fiscal Year 2020 Results on Sep 11, 2020 JM Holdings Co.,Ltd. announced that they will report fiscal year 2020 results on Sep 11, 2020