Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥32.51 (vs JP¥31.44 in FY 2025) Full year 2026 results: EPS: JP¥32.51 (up from JP¥31.44 in FY 2025). Revenue: JP¥7.82b (up 14% from FY 2025). Net income: JP¥146.0m (up 2.8% from FY 2025). Profit margin: 1.9% (down from 2.1% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Announcement • May 15
Foodison, Inc., Annual General Meeting, Jun 25, 2026 Foodison, Inc., Annual General Meeting, Jun 25, 2026. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥20.10 (vs JP¥13.54 in 3Q 2025) Third quarter 2026 results: EPS: JP¥20.10 (up from JP¥13.54 in 3Q 2025). Revenue: JP¥2.21b (up 15% from 3Q 2025). Net income: JP¥90.0m (up 48% from 3Q 2025). Profit margin: 4.1% (up from 3.2% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: JP¥2.43 (vs JP¥13.77 in 1Q 2025) First quarter 2026 results: EPS: JP¥2.43 (down from JP¥13.77 in 1Q 2025). Revenue: JP¥1.83b (up 12% from 1Q 2025). Net income: JP¥11.0m (down 82% from 1Q 2025). Profit margin: 0.6% (down from 3.8% in 1Q 2025). The decrease in margin was driven by higher expenses. New Risk • Jul 09
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 5.7% 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 (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (JP¥4.21b market cap, or US$28.6m). Reported Earnings • Jul 04
Full year 2025 earnings released: EPS: JP¥31.44 (vs JP¥42.94 in FY 2024) Full year 2025 results: EPS: JP¥31.44 (down from JP¥42.94 in FY 2024). Revenue: JP¥6.87b (up 8.1% from FY 2024). Net income: JP¥142.0m (down 26% from FY 2024). Profit margin: 2.1% (down from 3.0% in FY 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥868, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 12x in the Consumer Retailing industry in Japan. Total loss to shareholders of 40% over the past year. Announcement • May 26
Foodison, Inc. (TSE:7114) announces an Equity Buyback for 280,000 shares, representing 6.17% for ¥200 million. Foodison, Inc. (TSE:7114) announces a share repurchase program. Under the program, the company will repurchase up to 280,000 shares, representing 6.17% of its issued share capital (excluding treasury stock), for ¥200 million. The purpose of the program is to enable a flexible capital policy in response to changes in the business environment and to return profits to its shareholders. The program will expire on February 27, 2026. As of April 30, 2025, the company had 4,535,007 shares in issue (excluding treasury stock) and 60,133 shares in treasury. Reported Earnings • May 19
Full year 2025 earnings released: EPS: JP¥31.44 (vs JP¥42.94 in FY 2024) Full year 2025 results: EPS: JP¥31.44 (down from JP¥42.94 in FY 2024). Revenue: JP¥6.87b (up 8.1% from FY 2024). Net income: JP¥142.0m (down 26% from FY 2024). Profit margin: 2.1% (down from 3.0% in FY 2024). The decrease in margin was driven by higher expenses. Announcement • May 14
Foodison, Inc., Annual General Meeting, Jun 27, 2025 Foodison, Inc., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥731, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 12x in the Consumer Retailing industry in Japan. Total loss to shareholders of 52% over the past year. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to JP¥960, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Consumer Retailing industry in Japan. Total loss to shareholders of 38% over the past year. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥13.56 (vs JP¥18.23 in 3Q 2024) Third quarter 2025 results: EPS: JP¥13.56 (down from JP¥18.23 in 3Q 2024). Revenue: JP¥1.91b (up 8.3% from 3Q 2024). Net income: JP¥61.0m (down 25% from 3Q 2024). Profit margin: 3.2% (down from 4.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Consumer Retailing industry in Japan. New Risk • Feb 14
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 5.4% 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 Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (JP¥4.61b market cap, or US$30.2m). Reported Earnings • Nov 18
Second quarter 2025 earnings released: EPS: JP¥2.78 (vs JP¥6.09 in 2Q 2024) Second quarter 2025 results: EPS: JP¥2.78 (down from JP¥6.09 in 2Q 2024). Revenue: JP¥1.58b (up 5.2% from 2Q 2024). Net income: JP¥12.6m (down 54% from 2Q 2024). Profit margin: 0.8% (down from 1.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Consumer Retailing industry in Japan. Reported Earnings • Aug 19
First quarter 2025 earnings released: EPS: JP¥13.77 (vs JP¥6.81 in 1Q 2024) First quarter 2025 results: EPS: JP¥13.77 (up from JP¥6.81 in 1Q 2024). Revenue: JP¥1.63b (up 11% from 1Q 2024). Net income: JP¥62.4m (up 108% from 1Q 2024). Profit margin: 3.8% (up from 2.0% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Consumer Retailing industry in Japan. Announcement • Aug 16
Foodison, Inc. (TSE:7114) announces an Equity Buyback for 72,000 shares, representing 1.59% for ¥106.49 million. Foodison, Inc. (TSE:7114) announces a share repurchase program. Under the program, the company will repurchase up to 72,000 shares, representing 1.59% of its issued share capital (excluding treasury stock), for ¥106.49 million. The shares will be repurchased at a price of ¥1,479 per share. The purpose of the program is to enable a flexible capital policy in response to changes in the business environment and to return profits to its shareholders. As of February 28, 2022, the company had 4,541,238 shares in issue (excluding treasury stock) and 102 shares in treasury. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to JP¥1,156, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Consumer Retailing industry in Japan. Total loss to shareholders of 42% over the past year. New Risk • Jul 02
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 5.4% 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 Share price has been volatile over the past 3 months (5.4% average weekly change). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (JP¥6.71b market cap, or US$41.5m). New Risk • May 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 30% 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 Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Market cap is less than US$100m (JP¥7.25b market cap, or US$46.5m). Announcement • May 15
Foodison, Inc., Annual General Meeting, Jun 24, 2024 Foodison, Inc., Annual General Meeting, Jun 24, 2024. Announcement • Mar 02
Foodison, Inc. to Report Q4, 2024 Results on May 14, 2024 Foodison, Inc. announced that they will report Q4, 2024 results on May 14, 2024 New Risk • Feb 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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 Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (JP¥6.90b market cap, or US$45.9m). Reported Earnings • Feb 19
Third quarter 2024 earnings released: EPS: JP¥18.23 (vs JP¥5.93 in 3Q 2023) Third quarter 2024 results: EPS: JP¥18.23 (up from JP¥5.93 in 3Q 2023). Revenue: JP¥1.77b (up 28% from 3Q 2023). Net income: JP¥81.0m (up 212% from 3Q 2023). Profit margin: 4.6% (up from 1.9% in 3Q 2023). Buy Or Sell Opportunity • Feb 05
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to JP¥1,740. The fair value is estimated to be JP¥1,439, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last year. Earnings per share has grown by 156%. Announcement • Dec 01
Foodison, Inc. to Report Q3, 2024 Results on Feb 14, 2024 Foodison, Inc. announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Nov 16
Second quarter 2024 earnings released: EPS: JP¥6.09 (vs JP¥5.93 in 2Q 2023) Second quarter 2024 results: EPS: JP¥6.09 (up from JP¥5.93 in 2Q 2023). Revenue: JP¥1.50b (up 8.5% from 2Q 2023). Net income: JP¥27.0m (up 3.8% from 2Q 2023). Profit margin: 1.8% (down from 1.9% in 2Q 2023). Announcement • Sep 03
Foodison, Inc. to Report Q2, 2024 Results on Nov 13, 2023 Foodison, Inc. announced that they will report Q2, 2024 results on Nov 13, 2023 Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,838, the stock trades at a trailing P/E ratio of 72.1x. Average trailing P/E is 14x in the Consumer Retailing industry in Japan. Reported Earnings • Aug 11
First quarter 2024 earnings released First quarter 2024 results: EPS: JP¥6.95. Net income: JP¥30.6m (up JP¥30.6m from 1Q 2023). Announcement • May 28
Foodison, Inc. to Report Q1, 2024 Results on Aug 09, 2023 Foodison, Inc. announced that they will report Q1, 2024 results on Aug 09, 2023 Announcement • May 16
Foodison, Inc., Annual General Meeting, Jun 29, 2023 Foodison, Inc., Annual General Meeting, Jun 29, 2023. Announcement • Dec 28
Foodison, Inc. to Report Q3, 2023 Results on Feb 13, 2023 Foodison, Inc. announced that they will report Q3, 2023 results on Feb 13, 2023 Announcement • Dec 17
Foodison, Inc. has completed an IPO in the amount of ¥2.45364 billion. Foodison, Inc. has completed an IPO in the amount of ¥2.45364 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,066,800
Price\Range: ¥2300
Discount Per Security: ¥184 
