Announcement • Jun 03
TSUKADA GLOBAL HOLDINGS Inc. to Report Q2, 2026 Results on Aug 10, 2026 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q2, 2026 results on Aug 10, 2026 Reported Earnings • May 13
First quarter 2026 earnings released: EPS: JP¥17.70 (vs JP¥5.79 in 1Q 2025) First quarter 2026 results: EPS: JP¥17.70 (up from JP¥5.79 in 1Q 2025). Revenue: JP¥17.2b (up 8.8% from 1Q 2025). Net income: JP¥836.0m (up 204% from 1Q 2025). Profit margin: 4.9% (up from 1.7% in 1Q 2025). The increase in margin was driven by higher revenue. 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 13% per year. Declared Dividend • Apr 11
Final dividend of JP¥7.00 announced Shareholders will receive a dividend of JP¥7.00. Ex-date: 29th June 2026 Payment date: 3rd September 2026 Dividend yield will be 2.0%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 35% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥696, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total returns to shareholders of 86% over the past three years. Reported Earnings • Feb 11
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥101 (down from JP¥108 in FY 2024). Revenue: JP¥73.1b (up 15% from FY 2024). Net income: JP¥4.77b (down 7.4% from FY 2024). Profit margin: 6.5% (down from 8.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to JP¥588. The fair value is estimated to be JP¥738, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 6.2% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years. Buy Or Sell Opportunity • Jan 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥566. The fair value is estimated to be JP¥709, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 6.2% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 8.4% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.6%). Buy Or Sell Opportunity • Dec 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to JP¥554. The fair value is estimated to be JP¥702, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 6.2% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years. Announcement • Dec 03
TSUKADA GLOBAL HOLDINGS Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026 Buy Or Sell Opportunity • Nov 10
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥566. The fair value is estimated to be JP¥762, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 6.2% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years. Reported Earnings • Nov 08
Third quarter 2025 earnings released: JP¥9.29 loss per share (vs JP¥15.56 loss in 3Q 2024) Third quarter 2025 results: JP¥9.29 loss per share (improved from JP¥15.56 loss in 3Q 2024). Revenue: JP¥15.4b (up 8.0% from 3Q 2024). Net loss: JP¥440.0m (loss narrowed 41% from 3Q 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Declared Dividend • Sep 04
First half dividend of JP¥6.00 announced Shareholders will receive a dividend of JP¥6.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (9% 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 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 1.9% over the next 3 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range. Announcement • Sep 02
TSUKADA GLOBAL HOLDINGS Inc. to Report Q3, 2025 Results on Nov 07, 2025 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q3, 2025 results on Nov 07, 2025 New Risk • Sep 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: JP¥86.81 (vs JP¥42.70 in 2Q 2024) Second quarter 2025 results: EPS: JP¥86.81 (up from JP¥42.70 in 2Q 2024). Revenue: JP¥17.9b (up 18% from 2Q 2024). Net income: JP¥4.11b (up 102% from 2Q 2024). Profit margin: 23% (up from 14% in 2Q 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 26% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 03 September 2025. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.8%). Announcement • Jun 03
TSUKADA GLOBAL HOLDINGS Inc. to Report Q2, 2025 Results on Aug 08, 2025 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q2, 2025 results on Aug 08, 2025 New Risk • May 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.7% Last year net profit margin: 9.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (6.7% net profit margin). Declared Dividend • Apr 11
Final dividend of JP¥6.00 announced Shareholders will receive a dividend of JP¥6.00. Ex-date: 27th June 2025 Payment date: 3rd September 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (10% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥479, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total returns to shareholders of 69% over the past three years. Announcement • Mar 01
TSUKADA GLOBAL HOLDINGS Inc. to Report Q1, 2025 Results on May 09, 2025 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: JP¥108 (vs JP¥99.16 in FY 2023) Full year 2024 results: EPS: JP¥108 (up from JP¥99.16 in FY 2023). Revenue: JP¥63.5b (up 11% from FY 2023). Net income: JP¥5.15b (up 8.8% from FY 2023). Profit margin: 8.1% (down from 8.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • Feb 13
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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 7x cash flows per share). Share price has been volatile over the past 3 months (5.4% average weekly change). Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥542, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 75% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. Payout ratio is a comfortable 10% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.8%). Announcement • Dec 03
TSUKADA GLOBAL HOLDINGS Inc. to Report Fiscal Year 2024 Results on Feb 12, 2025 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report fiscal year 2024 results on Feb 12, 2025 Reported Earnings • Nov 10
Third quarter 2024 earnings released: JP¥15.56 loss per share (vs JP¥5.98 profit in 3Q 2023) Third quarter 2024 results: JP¥15.56 loss per share (down from JP¥5.98 profit in 3Q 2023). Revenue: JP¥14.2b (up 11% from 3Q 2023). Net loss: JP¥742.0m (down 360% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
TSUKADA GLOBAL HOLDINGS Inc. to Report Q3, 2024 Results on Nov 08, 2024 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q3, 2024 results on Nov 08, 2024 Announcement • Aug 21
Tsukada Global Holdings Inc. Provides Earning Guidance for the Full Year Ending December 31, 2024 TSUKADA GLOBAL HOLDINGS Inc. provided earning guidance for the full year ending December 31, 2024. For the year the company expects Net sales of JPY 63,380 million; Operating income of JPY 6,847 million; Profit Attributable to Owners of the Parent of JPY 5,024 million; Profit Per Share of JPY 105.33. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: JP¥42.70 (vs JP¥41.91 in 2Q 2023) Second quarter 2024 results: EPS: JP¥42.70 (up from JP¥41.91 in 2Q 2023). Revenue: JP¥15.1b (up 3.6% from 2Q 2023). Net income: JP¥2.04b (up 1.9% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 12
Dividend of JP¥5.00 announced Dividend of JP¥5.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (8% 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 remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Aug 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 5.9% 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 Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.9% average weekly change). Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥413, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 49% over the past three years. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 8.4% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%). Announcement • Jun 02
TSUKADA GLOBAL HOLDINGS Inc. to Report Q2, 2024 Results on Aug 09, 2024 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 13
First quarter 2024 earnings released: EPS: JP¥20.96 (vs JP¥0.78 in 1Q 2023) First quarter 2024 results: EPS: JP¥20.96 (up from JP¥0.78 in 1Q 2023). Revenue: JP¥13.4b (up 9.6% from 1Q 2023). Net income: JP¥1.00b (up JP¥963.0m from 1Q 2023). Profit margin: 7.4% (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 120% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥488, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Consumer Services industry in Japan. Total returns to shareholders of 55% over the past three years. Declared Dividend • Apr 11
Final dividend of JP¥5.00 announced Dividend of JP¥5.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (14% 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 remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 17
Full year 2023 earnings released: EPS: JP¥99.16 (vs JP¥31.41 in FY 2022) Full year 2023 results: EPS: JP¥99.16 (up from JP¥31.41 in FY 2022). Revenue: JP¥57.5b (up 11% from FY 2022). Net income: JP¥4.73b (up 216% from FY 2022). Profit margin: 8.2% (up from 2.9% 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 114% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Feb 16
TSUKADA GLOBAL HOLDINGS Inc., Annual General Meeting, Mar 28, 2024 TSUKADA GLOBAL HOLDINGS Inc., Annual General Meeting, Mar 28, 2024. Announcement • Dec 28
TSUKADA GLOBAL HOLDINGS Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of JP¥5.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 31 March 2024. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.5%). Announcement • Nov 17
TSUKADA GLOBAL HOLDINGS Inc. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023 TSUKADA GLOBAL HOLDINGS Inc. provided dividend guidance for the fiscal year ending December 31, 2023. For the year, the company expects to pay dividend of JPY 5.00 per share against JPY 5.00 per share paid a year ago. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: JP¥5.98 (vs JP¥5.98 in 3Q 2022) Third quarter 2023 results: EPS: JP¥5.98 (in line with 3Q 2022). Revenue: JP¥12.8b (up 6.0% from 3Q 2022). Net income: JP¥285.0m (flat on 3Q 2022). Profit margin: 2.2% (down from 2.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
TSUKADA GLOBAL HOLDINGS Inc. to Report Q3, 2023 Results on Nov 09, 2023 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q3, 2023 results on Nov 09, 2023 Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: JP¥41.91 (vs JP¥26.94 in 2Q 2022) Second quarter 2023 results: EPS: JP¥41.91 (up from JP¥26.94 in 2Q 2022). Revenue: JP¥14.6b (up 5.4% from 2Q 2022). Net income: JP¥2.00b (up 56% from 2Q 2022). Profit margin: 14% (up from 9.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Jun 03
TSUKADA GLOBAL HOLDINGS Inc. to Report Q2, 2023 Results on Aug 09, 2023 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report Q2, 2023 results on Aug 09, 2023 Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥478, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 35% over the past three years. Reported Earnings • May 16
First quarter 2023 earnings released: EPS: JP¥0.78 (vs JP¥26.90 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥0.78 (up from JP¥26.90 loss in 1Q 2022). Revenue: JP¥12.3b (up 41% from 1Q 2022). Net income: JP¥37.0m (up JP¥1.32b from 1Q 2022). Profit margin: 0.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Full year 2022 earnings released: EPS: JP¥31.41 (vs JP¥129 loss in FY 2021) Full year 2022 results: EPS: JP¥31.41 (up from JP¥129 loss in FY 2021). Revenue: JP¥51.7b (up 55% from FY 2021). Net income: JP¥1.50b (up JP¥7.64b from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Dec 06
TSUKADA GLOBAL HOLDINGS Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023 TSUKADA GLOBAL HOLDINGS Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023 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. 6 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). Director Kento Taukada was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: JP¥5.98 (vs JP¥29.87 loss in 3Q 2021) Third quarter 2022 results: EPS: JP¥5.98 (up from JP¥29.87 loss in 3Q 2021). Revenue: JP¥12.1b (up 51% from 3Q 2021). Net income: JP¥285.0m (up JP¥1.71b from 3Q 2021). Profit margin: 2.4% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: JP¥26.94 (vs JP¥34.91 loss in 2Q 2021) Second quarter 2022 results: EPS: JP¥26.94 (up from JP¥34.91 loss in 2Q 2021). Revenue: JP¥13.8b (up 73% from 2Q 2021). Net income: JP¥1.29b (up JP¥2.95b from 2Q 2021). Profit margin: 9.3% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
First quarter 2022 earnings released: JP¥26.90 loss per share (vs JP¥58.43 loss in 1Q 2021) First quarter 2022 results: JP¥26.90 loss per share (up from JP¥58.43 loss in 1Q 2021). Revenue: JP¥8.70b (up 69% from 1Q 2021). Net loss: JP¥1.28b (loss narrowed 54% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. 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. 6 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). Director Kento Taukada was the last 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: JP¥129 loss per share (up from JP¥223 loss in FY 2020). Revenue: JP¥33.4b (up 23% from FY 2020). Net loss: JP¥6.14b (loss narrowed 42% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 12
Third quarter 2021 earnings released: JP¥29.87 loss per share (vs JP¥41.89 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥7.99b (up 51% from 3Q 2020). Net loss: JP¥1.43b (loss narrowed 29% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 13
Second quarter 2021 earnings released: JP¥34.91 loss per share (vs JP¥90.19 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: JP¥7.99b (up 412% from 2Q 2020). Net loss: JP¥1.67b (loss narrowed 61% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2021 earnings released: JP¥58.43 loss per share (vs JP¥50.67 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: JP¥5.14b (down 50% from 1Q 2020). Net loss: JP¥2.79b (loss widened 15% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 04
Full year 2020 earnings released: JP¥223 loss per share (vs JP¥53.77 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: JP¥27.1b (down 56% from FY 2019). Net loss: JP¥10.6b (down JP¥13.2b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 22
New 90-day high: JP¥354 The company is up 30% from its price of JP¥272 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is flat over the same period. Reported Earnings • Feb 14
Full year 2020 earnings released: JP¥223 loss per share (vs JP¥53.77 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: JP¥27.1b (down 56% from FY 2019). Net loss: JP¥10.6b (down JP¥13.2b from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 99% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 02
New 90-day high: JP¥292 The company is up 18% from its price of JP¥247 on 04 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is down 3.0% over the same period.