Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Head of Sales Division, Head of Branch Management Division & Director Koji Umezawa was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 11
Echo Trading Co., Ltd., Annual General Meeting, May 27, 2026 Echo Trading Co., Ltd., Annual General Meeting, May 27, 2026. Announcement • Apr 03
Echo Trading Co., Ltd. to Report Fiscal Year 2026 Results on Apr 10, 2026 Echo Trading Co., Ltd. announced that they will report fiscal year 2026 results on Apr 10, 2026 Buy Or Sell Opportunity • Mar 24
Now 20% overvalued Over the last 90 days, the stock has fallen 2.8% to JP¥877. The fair value is estimated to be JP¥730, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 3.0%. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 29 May 2026. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Reported Earnings • Jan 10
Third quarter 2026 earnings released: EPS: JP¥6.27 (vs JP¥16.90 in 3Q 2025) Third quarter 2026 results: EPS: JP¥6.27 (down from JP¥16.90 in 3Q 2025). Revenue: JP¥27.0b (down 1.2% from 3Q 2025). Net income: JP¥38.0m (down 63% from 3Q 2025). Profit margin: 0.1% (down from 0.4% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 06
Echo Trading Co., Ltd. to Report Q3, 2026 Results on Jan 09, 2026 Echo Trading Co., Ltd. announced that they will report Q3, 2026 results on Jan 09, 2026 Reported Earnings • Oct 11
Second quarter 2026 earnings released: EPS: JP¥53.52 (vs JP¥82.52 in 2Q 2025) Second quarter 2026 results: EPS: JP¥53.52 (down from JP¥82.52 in 2Q 2025). Revenue: JP¥26.4b (down 1.0% from 2Q 2025). Net income: JP¥323.0m (down 35% from 2Q 2025). Profit margin: 1.2% (down from 1.9% in 2Q 2025). 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 20% per year. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 10 November 2025. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Jul 30
Echo Trading Co., Ltd. to Report Q2, 2026 Results on Oct 10, 2025 Echo Trading Co., Ltd. announced that they will report Q2, 2026 results on Oct 10, 2025 Reported Earnings • Jul 14
First quarter 2026 earnings released: EPS: JP¥21.70 (vs JP¥35.24 in 1Q 2025) First quarter 2026 results: EPS: JP¥21.70 (down from JP¥35.24 in 1Q 2025). Revenue: JP¥26.5b (flat on 1Q 2025). Net income: JP¥131.0m (down 38% from 1Q 2025). Profit margin: 0.5% (down from 0.8% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 04
Full year 2025 earnings released: EPS: JP¥166 (vs JP¥202 in FY 2024) Full year 2025 results: EPS: JP¥166 (down from JP¥202 in FY 2024). Revenue: JP¥106.4b (flat on FY 2024). Net income: JP¥1.00b (down 18% from FY 2024). Profit margin: 0.9% (down from 1.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 30
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.1% to JP¥857. The fair value is estimated to be JP¥712, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 37%. Announcement • Apr 29
Echo Trading Co., Ltd. to Report Q1, 2026 Results on Jul 11, 2025 Echo Trading Co., Ltd. announced that they will report Q1, 2026 results on Jul 11, 2025 New Risk • Apr 15
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: 3.6% 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: Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥4.88b market cap, or US$34.1m). Reported Earnings • Apr 12
Full year 2025 earnings released: EPS: JP¥166 (vs JP¥202 in FY 2024) Full year 2025 results: EPS: JP¥166 (down from JP¥202 in FY 2024). Revenue: JP¥106.4b (flat on FY 2024). Net income: JP¥1.00b (down 18% from FY 2024). Profit margin: 0.9% (down from 1.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Apr 11
Echo Trading Co., Ltd., Annual General Meeting, May 28, 2025 Echo Trading Co., Ltd., Annual General Meeting, May 28, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥712, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 12x in the Consumer Retailing industry in Japan. Total returns to shareholders of 37% over the past three years. Announcement • Feb 26
Echo Trading Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2025 Echo Trading Co., Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Apr 11, 2025 Upcoming Dividend • Feb 20
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥16.90 (vs JP¥41.49 in 3Q 2024) Third quarter 2025 results: EPS: JP¥16.90 (down from JP¥41.49 in 3Q 2024). Revenue: JP¥27.3b (down 1.0% from 3Q 2024). Net income: JP¥102.0m (down 59% from 3Q 2024). Profit margin: 0.4% (down from 0.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Nov 09
Echo Trading Co., Ltd. to Report Q3, 2025 Results on Jan 10, 2025 Echo Trading Co., Ltd. announced that they will report Q3, 2025 results on Jan 10, 2025 Reported Earnings • Oct 15
Second quarter 2025 earnings released: EPS: JP¥82.52 (vs JP¥68.20 in 2Q 2024) Second quarter 2025 results: EPS: JP¥82.52 (up from JP¥68.20 in 2Q 2024). Revenue: JP¥26.6b (down 1.2% from 2Q 2024). Net income: JP¥497.0m (up 21% from 2Q 2024). Profit margin: 1.9% (up from 1.5% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 11 November 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Buy Or Sell Opportunity • Aug 07
Now 21% overvalued Over the last 90 days, the stock has fallen 30% to JP¥852. The fair value is estimated to be JP¥703, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 56%. 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 6.6% 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 (6.6% average weekly change). Market cap is less than US$100m (JP¥4.52b market cap, or US$31.7m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to JP¥748, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 12x in the Consumer Retailing industry in Japan. Total returns to shareholders of 26% over the past three years. Announcement • Aug 03
Echo Trading Co., Ltd. to Report Q2, 2025 Results on Oct 09, 2024 Echo Trading Co., Ltd. announced that they will report Q2, 2025 results on Oct 09, 2024 Reported Earnings • Jul 12
First quarter 2025 earnings released: EPS: JP¥35.24 (vs JP¥54.76 in 1Q 2024) First quarter 2025 results: EPS: JP¥35.24 (down from JP¥54.76 in 1Q 2024). Revenue: JP¥26.7b (flat on 1Q 2024). Net income: JP¥211.0m (down 36% from 1Q 2024). Profit margin: 0.8% (down from 1.2% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Apr 29
Echo Trading Co., Ltd. to Report Q1, 2025 Results on Jul 10, 2024 Echo Trading Co., Ltd. announced that they will report Q1, 2025 results on Jul 10, 2024 Reported Earnings • Apr 07
Full year 2024 earnings released: EPS: JP¥202 (vs JP¥97.91 in FY 2023) Full year 2024 results: EPS: JP¥202 (up from JP¥97.91 in FY 2023). Revenue: JP¥107.4b (up 11% from FY 2023). Net income: JP¥1.21b (up 106% from FY 2023). Profit margin: 1.1% (up from 0.6% 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 59% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%). Announcement • Jan 31
Echo Trading Co., Ltd. to Report Fiscal Year 2024 Results on Apr 05, 2024 Echo Trading Co., Ltd. announced that they will report fiscal year 2024 results on Apr 05, 2024 Reported Earnings • Jan 13
Third quarter 2024 earnings released: EPS: JP¥41.49 (vs JP¥32.03 in 3Q 2023) Third quarter 2024 results: EPS: JP¥41.49 (up from JP¥32.03 in 3Q 2023). Revenue: JP¥27.6b (up 8.6% from 3Q 2023). Net income: JP¥250.0m (up 30% from 3Q 2023). Profit margin: 0.9% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jan 12
Echo Trading Co., Ltd. (TSE:7427) announces an Equity Buyback for 60,000 shares, representing 1% for ¥82.8 million. Echo Trading Co., Ltd. (TSE:7427) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥82.8 million. The shares will be repurchased at a price of ¥1,380 per share. The purpose of the program is to implement flexible capital policies in response to changes in the business environment and to use it as restricted stock compensation. As of August 31, 2023, the company had 6,026,101 issued shares (excluding treasury stock) and had 10,445 treasury shares. Announcement • Nov 04
Echo Trading Co., Ltd. to Report Q3, 2024 Results on Jan 10, 2024 Echo Trading Co., Ltd. announced that they will report Q3, 2024 results on Jan 10, 2024 Reported Earnings • Oct 07
Second quarter 2024 earnings released: EPS: JP¥68.20 (vs JP¥36.34 in 2Q 2023) Second quarter 2024 results: EPS: JP¥68.20 (up from JP¥36.34 in 2Q 2023). Revenue: JP¥27.0b (up 13% from 2Q 2023). Net income: JP¥411.0m (up 88% from 2Q 2023). Profit margin: 1.5% (up from 0.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥12.00 per share at 1.9% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 10 November 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%). Announcement • Aug 19
Echo Trading Co., Ltd. to Report Q2, 2024 Results on Oct 06, 2023 Echo Trading Co., Ltd. announced that they will report Q2, 2024 results on Oct 06, 2023 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥1,093, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 133% over the past three years. New Risk • Jul 11
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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥5.98b market cap, or US$42.3m). Reported Earnings • Jul 09
First quarter 2024 earnings released: EPS: JP¥54.76 (vs JP¥11.45 in 1Q 2023) First quarter 2024 results: EPS: JP¥54.76 (up from JP¥11.45 in 1Q 2023). Revenue: JP¥26.6b (up 14% from 1Q 2023). Net income: JP¥330.0m (up 378% from 1Q 2023). Profit margin: 1.2% (up from 0.3% 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 47% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 30
Full year 2023 earnings released: EPS: JP¥97.91 (vs JP¥47.79 in FY 2022) Full year 2023 results: EPS: JP¥97.91 (up from JP¥47.79 in FY 2022). Revenue: JP¥97.0b (up 5.5% from FY 2022). Net income: JP¥590.0m (up 105% from FY 2022). Profit margin: 0.6% (up from 0.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Apr 10
Now 22% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be JP¥999, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 46%. Reported Earnings • Apr 08
Full year 2023 earnings released: EPS: JP¥97.91 (vs JP¥47.79 in FY 2022) Full year 2023 results: EPS: JP¥97.91 (up from JP¥47.79 in FY 2022). Revenue: JP¥97.0b (up 5.5% from FY 2022). Net income: JP¥590.0m (up 105% from FY 2022). Profit margin: 0.6% (up from 0.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥13.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Feb 04
Echo Trading Co., Ltd. to Report Fiscal Year 2023 Results on Apr 07, 2023 Echo Trading Co., Ltd. announced that they will report fiscal year 2023 results on Apr 07, 2023 Buying Opportunity • Jan 23
Now 22% undervalued Over the last 90 days, the stock is up 35%. The fair value is estimated to be JP¥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 5.7% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jan 12
Third quarter 2023 earnings released: EPS: JP¥32.03 (vs JP¥1.49 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥32.03 (up from JP¥1.49 loss in 3Q 2022). Revenue: JP¥25.4b (up 8.0% from 3Q 2022). Net income: JP¥193.0m (up JP¥202.0m from 3Q 2022). Profit margin: 0.8% (up from 0% 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 54% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 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. 7 experienced directors. 3 highly experienced directors. No independent directors (10 non-independent directors). President and Representative Director Minoru Toyota was the last 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: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 04
Echo Trading Co., Ltd. to Report Q3, 2023 Results on Jan 11, 2023 Echo Trading Co., Ltd. announced that they will report Q3, 2023 results on Jan 11, 2023 Reported Earnings • Oct 09
Second quarter 2023 earnings released: EPS: JP¥36.34 (vs JP¥21.74 in 2Q 2022) Second quarter 2023 results: EPS: JP¥36.34 (up from JP¥21.74 in 2Q 2022). Revenue: JP¥23.8b (up 2.5% from 2Q 2022). Net income: JP¥219.0m (up 67% from 2Q 2022). Profit margin: 0.9% (up from 0.6% 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 60% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 10 November 2022. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Jul 09
First quarter 2023 earnings released: EPS: JP¥11.45 (vs JP¥7.80 in 1Q 2022) First quarter 2023 results: EPS: JP¥11.45 (up from JP¥7.80 in 1Q 2022). Revenue: JP¥23.3b (flat on 1Q 2022). Net income: JP¥69.0m (up 47% from 1Q 2022). Profit margin: 0.3% (up from 0.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 69% 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 • Jun 01
Full year 2022 earnings released: EPS: JP¥47.79 (vs JP¥40.16 in FY 2021) Full year 2022 results: EPS: JP¥47.79 (up from JP¥40.16 in FY 2021). Revenue: JP¥91.9b (up 7.3% from FY 2021). Net income: JP¥288.0m (up 19% from FY 2021). Profit margin: 0.3% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Echo Trading Co., Ltd. to Report Q1, 2023 Results on Jul 08, 2022 Echo Trading Co., Ltd. announced that they will report Q1, 2023 results on Jul 08, 2022 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. 7 experienced directors. 3 highly experienced directors. No independent directors (10 non-independent directors). President and Representative Director Minoru Toyota was the last 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: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 10
Echo Trading Co., Ltd., Annual General Meeting, May 25, 2022 Echo Trading Co., Ltd., Annual General Meeting, May 25, 2022. Reported Earnings • Apr 10
Full year 2022 earnings released: EPS: JP¥47.79 (vs JP¥40.16 in FY 2021) Full year 2022 results: EPS: JP¥47.79 (up from JP¥40.16 in FY 2021). Revenue: JP¥91.9b (up 7.3% from FY 2021). Net income: JP¥288.0m (up 19% from FY 2021). Profit margin: 0.3% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 80% 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 • Feb 18
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.6%). Announcement • Feb 05
Echo Trading Co., Ltd. to Report Fiscal Year 2022 Results on Apr 08, 2022 Echo Trading Co., Ltd. announced that they will report fiscal year 2022 results on Apr 08, 2022 Reported Earnings • Oct 08
Second quarter 2022 earnings released: EPS JP¥21.74 (vs JP¥27.88 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥23.2b (up 5.7% from 2Q 2021). Net income: JP¥131.0m (down 22% from 2Q 2021). Profit margin: 0.6% (down from 0.8% 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 93% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 10 November 2021. Trailing yield: 3.2%. Within top quartile of Japanese dividend payers (3.1%). Higher than average of industry peers (1.4%). Reported Earnings • Jul 11
First quarter 2022 earnings released: EPS JP¥7.80 (vs JP¥4.15 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥23.2b (up 15% from 1Q 2021). Net income: JP¥47.0m (up JP¥72.0m from 1Q 2021). Profit margin: 0.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
Full year 2021 earnings released: EPS JP¥40.16 (vs JP¥7.80 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥85.7b (up 5.2% from FY 2020). Net income: JP¥242.0m (up 415% from FY 2020). Profit margin: 0.3% (up from 0.1% 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 49% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 12
Full year 2021 earnings released: EPS JP¥40.16 (vs JP¥7.80 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥85.7b (up 5.2% from FY 2020). Net income: JP¥242.0m (up 415% from FY 2020). Profit margin: 0.3% (up from 0.1% 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 49% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 02
New 90-day low: JP¥617 The company is down 1.0% from its price of JP¥623 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is up 2.0% over the same period. Upcoming Dividend • Feb 18
Upcoming Dividend of JP¥10.00 Per Share Will be paid on the 28th of May to those who are registered shareholders by the 25th of February. The trailing yield of 2.9% is in the top quartile of Japanese dividend payers (2.8%), and it is higher than industry peers (1.5%). Announcement • Feb 04
Echo Trading Co., Ltd. to Report Fiscal Year 2021 Results on Apr 09, 2021 Echo Trading Co., Ltd. announced that they will report fiscal year 2021 results on Apr 09, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: JP¥693 The company is up 3.0% from its price of JP¥675 on 06 October 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 2.0% over the same period. Announcement • Aug 24
Echo Trading Co., Ltd. to Report Q2, 2021 Results on Oct 08, 2020 Echo Trading Co., Ltd. announced that they will report Q2, 2021 results on Oct 08, 2020