Declared Dividend • Jun 12
Final dividend of JP¥35.00 announced Shareholders will receive a dividend of JP¥35.00. Ex-date: 28th August 2026 Payment date: 4th November 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 10
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥218 (up from JP¥195 in FY 2025). Revenue: JP¥881.3b (up 3.6% from FY 2025). Net income: JP¥18.8b (up 4.9% from FY 2025). Profit margin: 2.1% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 09
Life Corporation, Annual General Meeting, May 28, 2026 Life Corporation, Annual General Meeting, May 28, 2026. Announcement • Apr 02
Life Corporation to Report Fiscal Year 2026 Results on Apr 09, 2026 Life Corporation announced that they will report fiscal year 2026 results on Apr 09, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥32.50 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 25 May 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Reported Earnings • Jan 14
Third quarter 2026 earnings released: EPS: JP¥41.44 (vs JP¥41.65 in 3Q 2025) Third quarter 2026 results: EPS: JP¥41.44 (down from JP¥41.65 in 3Q 2025). Revenue: JP¥219.3b (up 3.9% from 3Q 2025). Net income: JP¥3.59b (down 8.1% from 3Q 2025). Profit margin: 1.6% (down from 1.8% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.7% 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 but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 05
Life Corporation to Report Q3, 2026 Results on Jan 13, 2026 Life Corporation announced that they will report Q3, 2026 results on Jan 13, 2026 Declared Dividend • Nov 05
First half dividend of JP¥32.50 announced Shareholders will receive a dividend of JP¥32.50. Ex-date: 26th February 2026 Payment date: 25th May 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 08
Second quarter 2026 earnings released: EPS: JP¥43.30 (vs JP¥43.12 in 2Q 2025) Second quarter 2026 results: EPS: JP¥43.30. Revenue: JP¥223.8b (up 3.9% from 2Q 2025). Net income: JP¥3.75b (down 7.4% from 2Q 2025). Profit margin: 1.7% (down from 1.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Retailing industry in Japan. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥32.50 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 04 November 2025. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.6%). Announcement • Jul 30
Life Corporation to Report Q2, 2026 Results on Oct 07, 2025 Life Corporation announced that they will report Q2, 2026 results on Oct 07, 2025 Price Target Changed • Jul 19
Price target increased by 11% to JP¥2,433 Up from JP¥2,200, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of JP¥2,434. Stock is up 35% over the past year. The company is forecast to post earnings per share of JP¥214 for next year compared to JP¥195 last year. Reported Earnings • Jul 10
First quarter 2026 earnings released: EPS: JP¥64.51 (vs JP¥51.85 in 1Q 2025) First quarter 2026 results: EPS: JP¥64.51 (up from JP¥51.85 in 1Q 2025). Revenue: JP¥216.3b (up 4.8% from 1Q 2025). Net income: JP¥5.58b (up 15% from 1Q 2025). Profit margin: 2.6% (up from 2.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 21% per year. Declared Dividend • Jun 18
Final dividend of JP¥32.50 announced Shareholders will receive a dividend of JP¥32.50. Ex-date: 28th August 2025 Payment date: 4th November 2025 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (56% 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 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 26
Life Corporation to Report Q1, 2026 Results on Jul 08, 2025 Life Corporation announced that they will report Q1, 2026 results on Jul 08, 2025 Reported Earnings • Apr 11
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: JP¥390 (up from JP¥180 in FY 2024). Revenue: JP¥850.5b (up 5.0% from FY 2024). Net income: JP¥17.9b (up 6.0% from FY 2024). Profit margin: 2.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Consumer Retailing industry in Japan. 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 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 26 May 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.6%). Announcement • Feb 07
Life Corporation to Report Fiscal Year 2025 Results on Apr 10, 2025 Life Corporation announced that they will report fiscal year 2025 results on Apr 10, 2025 Reported Earnings • Jan 12
Third quarter 2025 earnings released: EPS: JP¥83.29 (vs JP¥101 in 3Q 2024) Third quarter 2025 results: EPS: JP¥83.29 (down from JP¥101 in 3Q 2024). Revenue: JP¥211.0b (up 4.3% from 3Q 2024). Net income: JP¥3.90b (down 18% from 3Q 2024). Profit margin: 1.8% (down from 2.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.8% 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 but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jan 09
Price target decreased by 8.4% to JP¥4,100 Down from JP¥4,475, the current price target is an average from 3 analysts. New target price is 19% above last closing price of JP¥3,435. Stock is down 1.4% over the past year. The company is forecast to post earnings per share of JP¥370 for next year compared to JP¥361 last year. Buy Or Sell Opportunity • Dec 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.6% to JP¥3,470. The fair value is estimated to be JP¥4,368, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has grown by 4.9%. Revenue is forecast to grow by 9.4% in 2 years. Earnings are forecast to grow by 9.9% in the next 2 years. Announcement • Nov 08
Life Corporation to Report Q3, 2025 Results on Jan 10, 2025 Life Corporation announced that they will report Q3, 2025 results on Jan 10, 2025 Declared Dividend • Nov 02
First half dividend of JP¥50.00 announced Dividend of JP¥50.00 is the same as last year. Ex-date: 27th February 2025 Payment date: 26th May 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 16
Life Corporation Provides Dividend Guidance for the Fiscal Year Ending February 28, 2025 Life Corporation provided dividend guidance of JPY 50.00 per share for the fiscal year ending February 28, 2025 against JPY 50.00 per share paid a year ago. Reported Earnings • Oct 09
Second quarter 2025 earnings released: EPS: JP¥86.23 (vs JP¥87.71 in 2Q 2024) Second quarter 2025 results: EPS: JP¥86.23 (down from JP¥87.71 in 2Q 2024). Revenue: JP¥215.5b (up 5.5% from 2Q 2024). Net income: JP¥4.05b (down 1.7% from 2Q 2024). Profit margin: 1.9% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Consumer Retailing industry in Japan. 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 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Jul 31
Life Corporation to Report Q2, 2025 Results on Oct 07, 2024 Life Corporation announced that they will report Q2, 2025 results on Oct 07, 2024 Reported Earnings • Jul 10
First quarter 2025 earnings released: EPS: JP¥104 (vs JP¥94.14 in 1Q 2024) First quarter 2025 results: EPS: JP¥104 (up from JP¥94.14 in 1Q 2024). Revenue: JP¥206.4b (up 5.4% from 1Q 2024). Net income: JP¥4.87b (up 10% from 1Q 2024). Profit margin: 2.4% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 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 remained flat and the company’s share price has also remained flat. Declared Dividend • Jun 06
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th August 2024 Payment date: 1st November 2024 Dividend yield will be 2.5%, 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 (18% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jun 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Outside Director Takashi Katayama was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • May 15
Price target increased by 7.9% to JP¥4,425 Up from JP¥4,100, the current price target is an average from 4 analysts. New target price is 14% above last closing price of JP¥3,880. Stock is up 25% over the past year. The company is forecast to post earnings per share of JP¥364 for next year compared to JP¥361 last year. Announcement • May 03
Life Corporation to Report Q1, 2025 Results on Jul 08, 2024 Life Corporation announced that they will report Q1, 2025 results on Jul 08, 2024 Reported Earnings • Apr 11
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥361 (up from JP¥284 in FY 2023). Revenue: JP¥809.7b (up 5.8% from FY 2023). Net income: JP¥16.9b (up 27% from FY 2023). Profit margin: 2.1% (up from 1.7% 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 10%. Revenue is forecast to grow 3.6% 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 fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Apr 05
Life Corporation Announces Board Retirements Life Corporation announced the retiring directors and corporate auditors to be scheduled to retire after the 69th AGM to be held on May 23, 2024. Retirement of positions: Nobuyuki Kawai as Director and Managing Executive Officer; and Haruhiko Yahagi as Outside Director. Announcement • Apr 04
Life Corporation, Annual General Meeting, May 23, 2024 Life Corporation, Annual General Meeting, May 23, 2024. Agenda: To consider the candidates for Directors (excluding Directors who are Audit and Supervisory Committee Members); to consider the candidates for Directors who are Audit and Supervisory Committee Members; and to consider the retiring Directors and Corporate Auditors. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 27 May 2024. Payout ratio is a comfortable 21% 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 • Feb 01
Life Corporation to Report Fiscal Year 2024 Results on Apr 10, 2024 Life Corporation announced that they will report fiscal year 2024 results on Apr 10, 2024 Reported Earnings • Jan 13
Third quarter 2024 earnings released: EPS: JP¥101 (vs JP¥69.12 in 3Q 2023) Third quarter 2024 results: EPS: JP¥101 (up from JP¥69.12 in 3Q 2023). Revenue: JP¥202.3b (up 5.9% from 3Q 2023). Net income: JP¥4.74b (up 46% from 3Q 2023). Profit margin: 2.3% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% 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 fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Price Target Changed • Nov 02
Price target increased by 9.0% to JP¥4,033 Up from JP¥3,700, the current price target is an average from 3 analysts. New target price is 14% above last closing price of JP¥3,540. Stock is up 62% over the past year. The company is forecast to post earnings per share of JP¥308 for next year compared to JP¥284 last year. Announcement • Oct 29
Life Corporation to Report Q3, 2024 Results on Jan 11, 2024 Life Corporation announced that they will report Q3, 2024 results on Jan 11, 2024 Reported Earnings • Oct 11
Second quarter 2024 earnings released: EPS: JP¥87.71 (vs JP¥51.87 in 2Q 2023) Second quarter 2024 results: EPS: JP¥87.71 (up from JP¥51.87 in 2Q 2023). Revenue: JP¥204.3b (up 6.5% from 2Q 2023). Net income: JP¥4.12b (up 69% from 2Q 2023). Profit margin: 2.0% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥40.00 per share at 2.2% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 01 November 2023. Payout ratio is a comfortable 24% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%). Announcement • Aug 03
Life Corporation to Report Q2, 2024 Results on Oct 10, 2023 Life Corporation announced that they will report Q2, 2024 results on Oct 10, 2023 Reported Earnings • Jul 10
First quarter 2024 earnings released: EPS: JP¥94.14 (vs JP¥84.94 in 1Q 2023) First quarter 2024 results: EPS: JP¥94.14 (up from JP¥84.94 in 1Q 2023). Revenue: JP¥195.9b (up 5.4% from 1Q 2023). Net income: JP¥4.42b (up 11% from 1Q 2023). Profit margin: 2.3% (up from 2.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 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 fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • May 30
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥284 (down from JP¥324 in FY 2022). Revenue: JP¥765.4b (flat on FY 2022). Net income: JP¥13.3b (down 12% from FY 2022). Profit margin: 1.7% (down from 2.0% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Announcement • May 12
Life Corporation to Report Q1, 2024 Results on Jul 07, 2023 Life Corporation announced that they will report Q1, 2024 results on Jul 07, 2023 Reported Earnings • Apr 12
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥284 (down from JP¥324 in FY 2022). Revenue: JP¥765.4b (flat on FY 2022). Net income: JP¥13.3b (down 12% from FY 2022). Profit margin: 1.7% (down from 2.0% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥35.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Announcement • Feb 08
Life Corporation to Report Fiscal Year 2023 Results on Apr 10, 2023 Life Corporation announced that they will report fiscal year 2023 results on Apr 10, 2023 Reported Earnings • Jan 12
Third quarter 2023 earnings released: EPS: JP¥69.12 (vs JP¥62.50 in 3Q 2022) Third quarter 2023 results: EPS: JP¥69.12 (up from JP¥62.50 in 3Q 2022). Revenue: JP¥191.1b (up 1.8% from 3Q 2022). Net income: JP¥3.24b (up 11% from 3Q 2022). Profit margin: 1.7% (up from 1.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Retailing industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Takashi Katayama was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 10
Life Corporation to Report Q3, 2023 Results on Jan 11, 2023 Life Corporation announced that they will report Q3, 2023 results on Jan 11, 2023 Announcement • Oct 22
Life Corporation Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending February 28, 2023 Life Corporation provided consolidated and non-consolidated earnings guidance for the year ending February 28, 2023. For the year, on consolidated basis, the company expects operating revenue of ¥763,000 million, operating profit of ¥17,000 million, profit attributable to owners of parent of ¥11,500 or earnings per share of ¥245.36.For the year, on non-consolidated basis, the company expects operating revenue of ¥762,800 million, operating profit of ¥17,700 million, profit of ¥11,200 or earnings per share of ¥238.96. Announcement • Oct 21
Life Corporation Declares Dividend for the Second Quarter Ended August 31, 2022, Payable on November 1, 2022 Life Corporation declared dividend of ¥35.00 per share for the second quarter ended August 31, 2022 against ¥30.00 paid last year. The dividend payable on November 1, 2022. Major Estimate Revision • Oct 21
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from JP¥330 to JP¥245 per share. Revenue forecast steady at JP¥760.4b. Net income forecast to grow 48% next year vs 7.0% growth forecast for Consumer Retailing industry in Japan. Consensus price target of JP¥3,800 unchanged from last update. Share price was steady at JP¥2,282 over the past week. Reported Earnings • Oct 13
Second quarter 2023 earnings released: EPS: JP¥51.87 (vs JP¥101 in 2Q 2022) Second quarter 2023 results: EPS: JP¥51.87 (down from JP¥101 in 2Q 2022). Revenue: JP¥191.8b (down 2.2% from 2Q 2022). Net income: JP¥2.43b (down 48% from 2Q 2022). Profit margin: 1.3% (down from 2.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.4% 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 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 28
Life Corporation to Report Q2, 2023 Results on Oct 11, 2022 Life Corporation announced that they will report Q2, 2023 results on Oct 11, 2022 Upcoming Dividend • Aug 23
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 01 November 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%). Price Target Changed • Aug 05
Price target decreased to JP¥3,800 Down from JP¥4,313, the current price target is an average from 4 analysts. New target price is 46% above last closing price of JP¥2,595. Stock is down 34% over the past year. The company is forecast to post earnings per share of JP¥330 for next year compared to JP¥324 last year. Reported Earnings • Jul 10
First quarter 2023 earnings released: EPS: JP¥84.94 (vs JP¥129 in 1Q 2022) First quarter 2023 results: EPS: JP¥84.94 (down from JP¥129 in 1Q 2022). Revenue: JP¥185.8b (down 2.7% from 1Q 2022). Net income: JP¥3.98b (down 34% from 1Q 2022). Profit margin: 2.1% (down from 3.2% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 1.3%, compared to a 17% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥324 (down from JP¥380 in FY 2021). Revenue: JP¥768.3b (up 1.2% from FY 2021). Net income: JP¥15.2b (down 15% from FY 2021). Profit margin: 2.0% (down from 2.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Over the next year, revenue is forecast to stay flat compared to a 21% growth forecast for the retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. 
