Reported Earnings • Jun 17
Full year 2026 earnings: EPS exceeds analyst expectations Full year 2026 results: EPS: JP¥61.82 (down from JP¥84.50 in FY 2025). Revenue: JP¥37.7b (up 6.7% from FY 2025). Net income: JP¥1.27b (down 27% from FY 2025). Profit margin: 3.4% (down from 4.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.1%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jun 16
Amiyaki Tei Co., Ltd. Announces Directorate Appointments Amiyaki Tei Co., Ltd. announced appointment of Kazuhiro Sawada as Executive Officer, General Manager of Sales Division and Takamori Takeuchi as Executive Officer, General Manager of Internal Audit Office. Buy Or Sell Opportunity • Apr 09
Now 20% undervalued Over the last 90 days, the stock has risen 3.0% to JP¥1,441. The fair value is estimated to be JP¥1,808, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Apr 05
Full year 2026 earnings released: EPS: JP¥61.81 (vs JP¥84.50 in FY 2025) Full year 2026 results: EPS: JP¥61.81 (down from JP¥84.50 in FY 2025). Revenue: JP¥37.7b (up 6.7% from FY 2025). Net income: JP¥1.27b (down 27% from FY 2025). Profit margin: 3.4% (down from 4.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Apr 03
Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 16, 2026 Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 16, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). Reported Earnings • Jan 06
Third quarter 2026 earnings released: EPS: JP¥13.97 (vs JP¥17.96 in 3Q 2025) Third quarter 2026 results: EPS: JP¥13.97 (down from JP¥17.96 in 3Q 2025). Revenue: JP¥9.48b (up 11% from 3Q 2025). Net income: JP¥287.0m (down 22% from 3Q 2025). Profit margin: 3.0% (down from 4.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.6% to JP¥1,388. The fair value is estimated to be JP¥1,752, 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 64%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 4.6% in the next 2 years. Declared Dividend • Dec 17
First half dividend of JP¥17.00 announced Dividend of JP¥17.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 2.5%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 29
Amiyaki Tei Co., Ltd. to Report Q3, 2026 Results on Jan 05, 2026 Amiyaki Tei Co., Ltd. announced that they will report Q3, 2026 results on Jan 05, 2026 Major Estimate Revision • Oct 10
Consensus EPS estimates fall by 36% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥41.2b to JP¥38.6b. EPS estimate also fell from JP¥93.00 per share to JP¥59.40 per share. Net income forecast to shrink 12% next year vs 14% growth forecast for Hospitality industry in Japan . Consensus price target of JP¥2,200 unchanged from last update. Share price fell 4.6% to JP¥1,366 over the past week. Reported Earnings • Oct 04
Second quarter 2026 earnings released: EPS: JP¥13.04 (vs JP¥19.13 in 2Q 2025) Second quarter 2026 results: EPS: JP¥13.04 (down from JP¥19.13 in 2Q 2025). Revenue: JP¥9.16b (up 3.5% from 2Q 2025). Net income: JP¥268.0m (down 32% from 2Q 2025). Profit margin: 2.9% (down from 4.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Sep 27
Amiyaki Tei Co., Ltd. to Report Q2, 2026 Results on Oct 03, 2025 Amiyaki Tei Co., Ltd. announced that they will report Q2, 2026 results on Oct 03, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 16 December 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%). Declared Dividend • Jul 09
Dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 29th September 2025 Payment date: 16th December 2025 Dividend yield will be 2.3%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 27
Amiyaki Tei Co., Ltd. to Report Q1, 2026 Results on Jul 03, 2025 Amiyaki Tei Co., Ltd. announced that they will report Q1, 2026 results on Jul 03, 2025 Reported Earnings • Jun 25
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥84.50 (up from JP¥63.62 in FY 2024). Revenue: JP¥35.3b (up 6.2% from FY 2024). Net income: JP¥1.74b (up 33% from FY 2024). Profit margin: 4.9% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Apr 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to JP¥1,432. The fair value is estimated to be JP¥1,817, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 65%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period. Reported Earnings • Apr 05
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥84.50 (up from JP¥63.62 in FY 2024). Revenue: JP¥35.3b (up 6.2% from FY 2024). Net income: JP¥1.74b (up 33% from FY 2024). Profit margin: 4.9% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 2.4%. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Apr 04
Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 24, 2025 Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 24, 2025. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 19 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Announcement • Mar 10
Amiyaki Tei Co., Ltd. to Report Fiscal Year 2025 Results on Apr 04, 2025 Amiyaki Tei Co., Ltd. announced that they will report fiscal year 2025 results on Apr 04, 2025 Reported Earnings • Jan 07
Third quarter 2025 earnings released: EPS: JP¥17.96 (vs JP¥11.63 in 3Q 2024) Third quarter 2025 results: EPS: JP¥17.96 (up from JP¥11.63 in 3Q 2024). Revenue: JP¥8.55b (up 4.3% from 3Q 2024). Net income: JP¥369.0m (up 54% from 3Q 2024). Profit margin: 4.3% (up from 2.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Jan 03
Amiyaki Tei Co., Ltd. to Report Q3, 2025 Results on Jan 06, 2025 Amiyaki Tei Co., Ltd. announced that they will report Q3, 2025 results on Jan 06, 2025 Declared Dividend • Dec 17
First half dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 28th March 2025 Payment date: 19th June 2025 Dividend yield will be 4.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Declared Dividend • Oct 04
Dividend of JP¥17.00 announced Shareholders will receive a dividend of JP¥17.00. Ex-date: 28th March 2025 Payment date: 19th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Reported Earnings • Oct 03
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: JP¥8.84b (up 5.5% from 2Q 2024). Net income: JP¥393.0m (up 9.2% from 2Q 2024). Profit margin: 4.4% (up from 4.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. New Risk • Sep 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.1b (US$91.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥51.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 December 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥4,730, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 74% over the past three years. Declared Dividend • Jul 11
Dividend of JP¥51.00 announced Shareholders will receive a dividend of JP¥51.00. Ex-date: 27th September 2024 Payment date: 18th December 2024 Dividend yield will be 1.7%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 05
First quarter 2025 earnings released: EPS: JP¥62.21 (vs JP¥25.70 in 1Q 2024) First quarter 2025 results: EPS: JP¥62.21 (up from JP¥25.70 in 1Q 2024). Revenue: JP¥8.74b (up 15% from 1Q 2024). Net income: JP¥426.0m (up 142% from 1Q 2024). Profit margin: 4.9% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Amiyaki Tei Co., Ltd. to Report Q1, 2025 Results on Jul 03, 2024 Amiyaki Tei Co., Ltd. announced that they will report Q1, 2025 results on Jul 03, 2024 New Risk • Jun 15
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 7.5% 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. This is currently the only risk that has been identified for the company. Major Estimate Revision • Apr 11
Consensus EPS estimates increase by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥36.6b to JP¥37.4b. EPS estimate increased from JP¥202 to JP¥245 per share. Net income forecast to grow 29% next year vs 33% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥4,600 to JP¥7,800. Share price rose 3.5% to JP¥6,480 over the past week. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥6,900, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Hospitality industry in Japan. Total returns to shareholders of 153% over the past three years. Announcement • Apr 04
Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 18, 2024 Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 18, 2024. Reported Earnings • Apr 03
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: JP¥191 (up from JP¥19.28 in FY 2023). Revenue: JP¥33.3b (up 17% from FY 2023). Net income: JP¥1.31b (up JP¥1.18b from FY 2023). Profit margin: 3.9% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 22%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Mar 28
Amiyaki Tei Co., Ltd. to Report Fiscal Year 2024 Results on Apr 02, 2024 Amiyaki Tei Co., Ltd. announced that they will report fiscal year 2024 results on Apr 02, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%). Major Estimate Revision • Jan 11
Consensus EPS estimates increase by 10% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from JP¥142 to JP¥156. Revenue forecast unchanged at JP¥34.5b. Net income forecast to grow 31% next year vs 32% growth forecast for Hospitality industry in Japan. Consensus price target up from JP¥4,200 to JP¥4,600. Share price rose 2.2% to JP¥4,200 over the past week. Reported Earnings • Jan 06
Third quarter 2024 earnings released: EPS: JP¥34.90 (vs JP¥0.58 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥34.90 (up from JP¥0.58 loss in 3Q 2023). Revenue: JP¥8.20b (up 14% from 3Q 2023). Net income: JP¥239.0m (up JP¥243.0m from 3Q 2023). Profit margin: 2.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jan 05
Price target increased by 15% to JP¥4,600 Up from JP¥4,000, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥4,410. Stock is up 53% over the past year. The company is forecast to post earnings per share of JP¥156 for next year compared to JP¥19.28 last year. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥4,410, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 26x in the Hospitality industry in Japan. Total returns to shareholders of 57% over the past three years. Announcement • Dec 28
Amiyaki Tei Co., Ltd. to Report Q3, 2024 Results on Jan 04, 2024 Amiyaki Tei Co., Ltd. announced that they will report Q3, 2024 results on Jan 04, 2024 Reported Earnings • Oct 05
Second quarter 2024 earnings released: EPS: JP¥52.57 (vs JP¥23.07 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥52.57 (up from JP¥23.07 loss in 2Q 2023). Revenue: JP¥8.38b (up 25% from 2Q 2023). Net income: JP¥360.0m (up JP¥518.0m from 2Q 2023). Profit margin: 4.3% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Sep 28
Amiyaki Tei Co., Ltd. to Report Q2, 2024 Results on Oct 02, 2023 Amiyaki Tei Co., Ltd. announced that they will report Q2, 2024 results on Oct 02, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥20.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 18 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.5%). Reported Earnings • Aug 17
First quarter 2024 earnings released: EPS: JP¥25.70 (vs JP¥10.37 in 1Q 2023) First quarter 2024 results: EPS: JP¥25.70 (up from JP¥10.37 in 1Q 2023). Revenue: JP¥7.61b (up 10% from 1Q 2023). Net income: JP¥176.0m (up 148% from 1Q 2023). Profit margin: 2.3% (up from 1.0% in 1Q 2023). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 05
First quarter 2024 earnings released: EPS: JP¥25.70 (vs JP¥10.37 in 1Q 2023) First quarter 2024 results: EPS: JP¥25.70 (up from JP¥10.37 in 1Q 2023). Revenue: JP¥7.61b (up 10% from 1Q 2023). Net income: JP¥176.0m (up 148% from 1Q 2023). Profit margin: 2.3% (up from 1.0% in 1Q 2023). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Amiyaki Tei Co., Ltd. to Report Q1, 2024 Results on Jul 03, 2023 Amiyaki Tei Co., Ltd. announced that they will report Q1, 2024 results on Jul 03, 2023 Reported Earnings • Apr 04
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥19.28 (down from JP¥91.56 in FY 2022). Revenue: JP¥28.5b (up 32% from FY 2022). Net income: JP¥132.0m (down 79% from FY 2022). Profit margin: 0.5% (down from 2.9% in FY 2022). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: JP¥7.16b (up 11% from 3Q 2022). Net loss: JP¥4.00m (down 103% from profit in 3Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 05
Third quarter 2023 earnings released: JP¥0.58 loss per share (vs JP¥19.28 profit in 3Q 2022) Third quarter 2023 results: JP¥0.58 loss per share (down from JP¥19.28 profit in 3Q 2022). Revenue: JP¥7.16b (up 11% from 3Q 2022). Net loss: JP¥4.00m (down 103% from profit in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Second quarter 2023 earnings released: JP¥23.07 loss per share (vs JP¥57.54 profit in 2Q 2022) Second quarter 2023 results: JP¥23.07 loss per share (down from JP¥57.54 profit in 2Q 2022). Revenue: JP¥6.74b (up 51% from 2Q 2022). Net loss: JP¥158.0m (down 140% from profit in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Price Target Changed • Nov 16
Price target increased to JP¥4,000 Up from JP¥2,700, the current price target is provided by 1 analyst. New target price is 38% above last closing price of JP¥2,892. Stock is down 4.1% over the past year. The company is forecast to post earnings per share of JP¥94.90 for next year compared to JP¥91.56 last year. 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. 3 experienced directors. 6 highly experienced directors. No independent directors (6 non-independent directors). External Full-Time Auditor Toshiyuki Yasui was the last director to join the board, commencing their role in 2016. 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 • Oct 05
Second quarter 2023 earnings released: JP¥23.07 loss per share (vs JP¥57.54 profit in 2Q 2022) Second quarter 2023 results: JP¥23.07 loss per share (down from JP¥57.54 profit in 2Q 2022). Revenue: JP¥6.74b (up 51% from 2Q 2022). Net loss: JP¥158.0m (down 140% from profit in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 17 December 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.5%). Reported Earnings • Aug 17
First quarter 2023 earnings released First quarter 2023 results: Revenue: JP¥6.91b (up 49% from 1Q 2022). Net income: JP¥71.0m (up 11% from 1Q 2022). Profit margin: 1.0% (down from 1.4% in 1Q 2022). Over the next year, revenue is forecast to grow 28%, compared to a 38% growth forecast for the Hospitality industry in Japan. Major Estimate Revision • Jul 11
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥80.30 to JP¥94.90. Revenue forecast unchanged at JP¥29.7b. Net income forecast to grow 16% next year vs 2.1% decline forecast for Hospitality industry in Japan. Consensus price target of JP¥4,000 unchanged from last update. Share price was steady at JP¥2,981 over the past week. Reported Earnings • Jul 07
First quarter 2023 earnings released: EPS: JP¥10.37 (vs JP¥9.35 in 1Q 2022) First quarter 2023 results: EPS: JP¥10.37 (up from JP¥9.35 in 1Q 2022). Revenue: JP¥6.91b (up 49% from 1Q 2022). Net income: JP¥71.0m (up 11% from 1Q 2022). Profit margin: 1.0% (down from 1.4% in 1Q 2022). Over the next year, revenue is forecast to grow 28%, compared to a 47% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Price Target Changed • Apr 27
Price target increased to JP¥4,000 Up from JP¥2,700, the current price target is provided by 1 analyst. New target price is 36% above last closing price of JP¥2,932. Stock is up 5.2% over the past year. The company is forecast to post earnings per share of JP¥80.30 for next year compared to JP¥91.55 last year. 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. 3 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). External Full-Time Auditor Toshiyuki Yasui was the last director to join the board, commencing their role in 2016. 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 07
Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 16, 2022 Amiyaki Tei Co., Ltd., Annual General Meeting, Jun 16, 2022. Reported Earnings • Apr 06
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥91.56 (up from JP¥209 loss in FY 2021). Revenue: JP¥21.6b (down 2.6% from FY 2021). Net income: JP¥627.0m (up JP¥2.06b from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) exceeded analyst estimates by 21%. Over the next year, revenue is forecast to grow 36%, compared to a 69% growth forecast for the restaurants industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 20
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥19.28 (up from JP¥34.76 loss in 3Q 2021). Revenue: JP¥6.43b (down 6.1% from 3Q 2021). Net income: JP¥132.0m (up JP¥370.0m from 3Q 2021). Profit margin: 2.1% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 68% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 07
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥19.27 (up from JP¥34.76 loss in 3Q 2021). Revenue: JP¥6.43b (down 6.1% from 3Q 2021). Net income: JP¥132.0m (up JP¥370.0m from 3Q 2021). Profit margin: 2.1% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) exceeded analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the next year, revenue is forecast to grow 44%, compared to a 56% growth forecast for the industry in Japan. 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. Reported Earnings • Nov 19
Second quarter 2022 earnings released: EPS JP¥57.54 (vs JP¥19.57 loss in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥4.47b (down 23% from 2Q 2021). Net income: JP¥394.0m (up JP¥528.0m from 2Q 2021). Profit margin: 8.8% (up from net loss in 2Q 2021). 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 • Oct 05
Second quarter 2022 earnings released: EPS JP¥57.53 (vs JP¥19.57 loss in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥4.47b (down 23% from 2Q 2021). Net income: JP¥394.0m (up JP¥528.0m from 2Q 2021). Profit margin: 8.8% (up from net loss in 2Q 2021). 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. Price Target Changed • Jul 08
Price target increased to JP¥3,000 Up from JP¥2,700, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥2,971. Stock is up 3.2% over the past year. Reported Earnings • Apr 04
Full year 2021 earnings released: JP¥209 loss per share (vs JP¥134 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¥22.1b (down 31% from FY 2020). Net loss: JP¥1.43b (down 256% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Third quarter 2021 earnings released: JP¥34.76 loss per share (vs JP¥15.19 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥6.85b (down 13% from 3Q 2020). Net loss: JP¥238.0m (down 329% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 17
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) missed analyst estimates by 23%. Over the next year, revenue is expected to shrink by 2.6% compared to a 43% growth forecast for the Hospitality industry in Japan. Is New 90 Day High Low • Feb 12
New 90-day high: JP¥2,981 The company is up 2.0% from its price of JP¥2,936 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 8.0% over the same period. Major Estimate Revision • Jan 15
Analysts lower EPS estimates to -JP¥231 The 2021 consensus revenue estimate was lowered from JP¥23.1b to JP¥21.0b. The company's losses are expected to worsen with analysts lowering their EPS forecasts from -JP¥150 to -JP¥231 for the same period. The Hospitality industry in Japan is expected to see an average net income growth of 29% next year. The consensus price target was lowered from JP¥3,000 to JP¥2,700. Share price stayed mostly flat at JP¥2,914 over the past week. Is New 90 Day High Low • Jan 12
New 90-day high: JP¥2,980 The company is up 1.0% from its price of JP¥2,950 on 14 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 2.0% over the same period. Reported Earnings • Jan 06
Third quarter 2021 earnings released: JP¥34.75 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥6.85b (down 13% from 3Q 2020). Net loss: JP¥238.0m (down 329% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Jan 06
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) missed analyst estimates by 23%. Over the next year, revenue is forecast to grow 1.4%, compared to a 11% growth forecast for the Hospitality industry in Japan. Is New 90 Day High Low • Dec 22
New 90-day low: JP¥2,821 The company is down 6.0% from its price of JP¥2,998 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 Hospitality industry, which is up 4.0% over the same period. Price Target Changed • Dec 01
Price target lowered to JP¥3,000 Down from JP¥3,400, the current price target is provided by 1 analyst. The new target price is 5.2% above the current share price of JP¥2,853. As of last close, the stock is down 22% over the past year.