Announcement • 16h
MICREED Co.,Ltd., Annual General Meeting, Jun 23, 2026 MICREED Co.,Ltd., Annual General Meeting, Jun 23, 2026. Announcement • May 10
MICREED Co.,Ltd. to Report Fiscal Year 2026 Results on May 14, 2026 MICREED Co.,Ltd. announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.20 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Jan 30
Third quarter 2026 earnings released: EPS: JP¥15.12 (vs JP¥15.92 in 3Q 2025) Third quarter 2026 results: EPS: JP¥15.12 (down from JP¥15.92 in 3Q 2025). Revenue: JP¥2.03b (up 11% from 3Q 2025). Net income: JP¥100.0m (down 4.8% from 3Q 2025). Profit margin: 4.9% (down from 5.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to JP¥492. The fair value is estimated to be JP¥621, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 6.5%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 25% in the next 2 years. Announcement • Dec 02
MICREED Co.,Ltd. to Report Q3, 2026 Results on Jan 29, 2026 MICREED Co.,Ltd. announced that they will report Q3, 2026 results on Jan 29, 2026 Buy Or Sell Opportunity • Nov 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to JP¥494. The fair value is estimated to be JP¥621, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 6.5%. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 25% in the next 2 years. Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: JP¥12.26 (vs JP¥9.86 in 2Q 2025) Second quarter 2026 results: EPS: JP¥12.26 (up from JP¥9.86 in 2Q 2025). Revenue: JP¥1.95b (up 14% from 2Q 2025). Net income: JP¥81.0m (up 25% from 2Q 2025). Profit margin: 4.2% (up from 3.8% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 29 December 2025. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Announcement • Sep 03
MICREED Co.,Ltd. to Report Q2, 2026 Results on Oct 30, 2025 MICREED Co.,Ltd. announced that they will report Q2, 2026 results on Oct 30, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥11.53 (vs JP¥8.95 in 1Q 2025) First quarter 2026 results: EPS: JP¥11.53 (up from JP¥8.95 in 1Q 2025). Revenue: JP¥1.81b (up 13% from 1Q 2025). Net income: JP¥76.0m (up 29% from 1Q 2025). Profit margin: 4.2% (up from 3.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
MICREED Co.,Ltd. to Report Q1, 2026 Results on Jul 31, 2025 MICREED Co.,Ltd. announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥39.13 (vs JP¥101 in FY 2024) Full year 2025 results: EPS: JP¥39.13. Revenue: JP¥6.78b (up 14% from FY 2024). Net income: JP¥258.0m (up 16% from FY 2024). Profit margin: 3.8% (up from 3.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Announcement • May 16
MICREED Co.,Ltd., Annual General Meeting, Jun 24, 2025 MICREED Co.,Ltd., Annual General Meeting, Jun 24, 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¥403, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Retailing industry in Japan. Total returns to shareholders of 58% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥3.70 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Mar 01
MICREED Co.,Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 MICREED Co.,Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥480, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Retailing industry in Japan. Total returns to shareholders of 78% over the past three years. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥15.92 (vs JP¥40.97 in 3Q 2024) Third quarter 2025 results: EPS: JP¥15.92. Revenue: JP¥1.84b (up 16% from 3Q 2024). Net income: JP¥105.0m (up 17% from 3Q 2024). Profit margin: 5.7% (in line with 3Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Retailing industry in Japan. Announcement • Nov 30
MICREED Co.,Ltd. to Report Q3, 2025 Results on Jan 30, 2025 MICREED Co.,Ltd. announced that they will report Q3, 2025 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥516, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Consumer Retailing industry in Japan. Total returns to shareholders of 50% over the past three years. New Risk • Nov 03
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 8.1% 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 (8.1% average weekly change). Market cap is less than US$100m (JP¥2.88b market cap, or US$18.8m). Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥9.86 (vs JP¥24.70 in 2Q 2024) Second quarter 2025 results: EPS: JP¥9.86. Revenue: JP¥1.72b (up 16% from 2Q 2024). Net income: JP¥65.0m (up 20% from 2Q 2024). Profit margin: 3.8% (up from 3.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Consumer Retailing industry in Japan. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥3.40 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 30 December 2024. The average dividend yield among industry peers is 1.6%. Announcement • Aug 28
MICREED Co.,Ltd. to Report Q2, 2025 Results on Oct 31, 2024 MICREED Co.,Ltd. announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥415, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥331, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Retailing industry in Japan. Negligible returns to shareholders over past three years. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.6% average weekly change). Minor Risk Market cap is less than US$100m (JP¥1.98b market cap, or US$13.9m). Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥8.95 (vs JP¥25.71 in 1Q 2024) First quarter 2025 results: EPS: JP¥8.95. Revenue: JP¥1.59b (up 12% from 1Q 2024). Net income: JP¥59.0m (up 5.4% from 1Q 2024). Profit margin: 3.7% (down from 3.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Retailing industry in Japan. Announcement • May 18
MICREED Co.,Ltd., Annual General Meeting, Jun 25, 2024 MICREED Co.,Ltd., Annual General Meeting, Jun 25, 2024. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥435, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 33% over the past three years. Upcoming Dividend • Mar 21
Inaugural dividend of JP¥8.10 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. This is the first dividend for MICREEDLtd since going public. The average dividend yield among industry peers is 1.5%. Announcement • Mar 02
MICREED Co.,Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 MICREED Co.,Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,797, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Consumer Retailing industry in Japan. Total returns to shareholders of 64% over the past three years. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥40.93 (vs JP¥25.26 in 3Q 2023) Third quarter 2024 results: EPS: JP¥40.93 (up from JP¥25.26 in 3Q 2023). Revenue: JP¥1.59b (up 23% from 3Q 2023). Net income: JP¥90.0m (up 64% from 3Q 2023). Profit margin: 5.7% (up from 4.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 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 113% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Dec 02
MICREED Co.,Ltd. to Report Q3, 2024 Results on Jan 31, 2024 MICREED Co.,Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥24.68 (vs JP¥7.81 in 2Q 2023) Second quarter 2024 results: EPS: JP¥24.68 (up from JP¥7.81 in 2Q 2023). Revenue: JP¥1.48b (up 38% from 2Q 2023). Net income: JP¥54.0m (up 218% from 2Q 2023). Profit margin: 3.6% (up from 1.6% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 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 122% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥1,710, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Consumer Retailing industry in Japan. Total returns to shareholders of 51% over the past three years. Announcement • Aug 27
MICREED Co.,Ltd. to Report Q2, 2024 Results on Oct 31, 2023 MICREED Co.,Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023 Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥1,556, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Consumer Retailing industry in Japan. Total returns to shareholders of 113% over the past three years. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risk Market cap is less than US$100m (JP¥3.36b market cap, or US$23.7m). Reported Earnings • Aug 01
First quarter 2024 earnings released: EPS: JP¥25.70 (vs JP¥14.24 in 1Q 2023) First quarter 2024 results: EPS: JP¥25.70 (up from JP¥14.24 in 1Q 2023). Revenue: JP¥1.42b (up 35% from 1Q 2023). Net income: JP¥56.0m (up 81% from 1Q 2023). Profit margin: 3.9% (up from 2.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% 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 • Jun 24
Full year 2023 earnings released: EPS: JP¥61.53 (vs JP¥17.01 loss in FY 2022) Full year 2023 results: EPS: JP¥61.53 (up from JP¥17.01 loss in FY 2022). Revenue: JP¥4.67b (up 54% from FY 2022). Net income: JP¥134.0m (up JP¥171.0m from FY 2022). Profit margin: 2.9% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Jun 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 5.3% 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 (5.3% average weekly change). Market cap is less than US$100m (JP¥2.53b market cap, or US$18.2m). Announcement • May 31
MICREED Co.,Ltd. to Report Q1, 2024 Results on Jul 31, 2023 MICREED Co.,Ltd. announced that they will report Q1, 2024 results on Jul 31, 2023 Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥25.24 (vs JP¥14.26 in 3Q 2022) Third quarter 2023 results: EPS: JP¥25.24 (up from JP¥14.26 in 3Q 2022). Revenue: JP¥1.30b (up 23% from 3Q 2022). Net income: JP¥55.0m (up 77% from 3Q 2022). Profit margin: 4.2% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Announcement • Nov 27
MICREED Co.,Ltd. to Report Q3, 2023 Results on Jan 31, 2023 MICREED Co.,Ltd. announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Outside Director Koji Nishitani was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥7.80 (vs JP¥13.34 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥7.80 (up from JP¥13.34 loss in 2Q 2022). Revenue: JP¥1.07b (up 74% from 2Q 2022). Net income: JP¥17.0m (up JP¥46.0m from 2Q 2022). Profit margin: 1.6% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Announcement • Aug 31
MICREED Co.,Ltd. to Report Q2, 2023 Results on Oct 31, 2022 MICREED Co.,Ltd. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥14.24 (vs JP¥10.58 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥14.24 (up from JP¥10.58 loss in 1Q 2022). Revenue: JP¥1.06b (up 70% from 1Q 2022). Net income: JP¥31.0m (up JP¥54.0m from 1Q 2022). Profit margin: 2.9% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Reported Earnings • Jun 26
Full year 2022 earnings released: JP¥17.01 loss per share (vs JP¥40.04 loss in FY 2021) Full year 2022 results: JP¥17.01 loss per share (up from JP¥40.04 loss in FY 2021). Revenue: JP¥3.03b (up 8.9% from FY 2021). Net loss: JP¥37.0m (loss narrowed 56% from FY 2021). Announcement • Jun 04
MICREED Co.,Ltd. to Report Q1, 2023 Results on Jul 29, 2022 MICREED Co.,Ltd. announced that they will report Q1, 2023 results on Jul 29, 2022 Announcement • May 18
MICREED Co.,Ltd., Annual General Meeting, Jun 21, 2022 MICREED Co.,Ltd., Annual General Meeting, Jun 21, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Outside Director Koji Nishitani was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
MICREED Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 MICREED Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥14.24 (up from JP¥2.83 in 3Q 2021). Revenue: JP¥1.05b (up 20% from 3Q 2021). Net income: JP¥31.0m (up 417% from 3Q 2021). Profit margin: 2.9% (up from 0.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Reported Earnings • Nov 01
Second quarter 2022 earnings released: JP¥13.33 loss per share (vs JP¥2.83 profit in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2022 results: Revenue: JP¥616.0m (down 30% from 2Q 2021). Net loss: JP¥29.0m (down JP¥35.0m from profit in 2Q 2021). Reported Earnings • Jun 26
Full year 2021 earnings released: JP¥40.04 loss per share (vs JP¥52.27 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥2.78b (down 32% from FY 2020). Net loss: JP¥85.0m (down 181% from profit in FY 2020). Announcement • Mar 04
MICREED Co.,Ltd. to Report Fiscal Year 2021 Results on May 14, 2021 MICREED Co.,Ltd. announced that they will report fiscal year 2021 results on May 14, 2021 Is New 90 Day High Low • Feb 24
New 90-day high: JP¥1,101 The company is up 33% from its price of JP¥828 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥1,030, the stock is trading at a trailing P/E ratio of 19.7x, up from the previous P/E ratio of 16.8x. This compares to an average P/E of 26x in the Online Retail industry in Japan. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥820 The company is down 24% from its price of JP¥1,079 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is down 5.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥821 The company is down 28% from its price of JP¥1,136 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is flat over the same period. Announcement • Aug 30
MICREED Co.,Ltd. to Report Q2, 2021 Results on Oct 30, 2020 MICREED Co.,Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020