Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥3.10 (vs JP¥21.67 in FY 2025) Full year 2026 results: EPS: JP¥3.10 (down from JP¥21.67 in FY 2025). Revenue: JP¥9.88b (down 7.3% from FY 2025). Net income: JP¥219.0m (down 86% from FY 2025). Profit margin: 2.2% (down from 14% in FY 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • May 14
Hiramatsu Inc., Annual General Meeting, Jun 29, 2026 Hiramatsu Inc., Annual General Meeting, Jun 29, 2026. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥6.96 (vs JP¥5.03 in 3Q 2025) Third quarter 2026 results: EPS: JP¥6.96 (up from JP¥5.03 in 3Q 2025). Revenue: JP¥3.11b (up 8.3% from 3Q 2025). Net income: JP¥492.0m (up 39% from 3Q 2025). Profit margin: 16% (up from 12% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Dec 27
Hiramatsu Inc. to Report Q3, 2026 Results on Feb 12, 2026 Hiramatsu Inc. announced that they will report Q3, 2026 results on Feb 12, 2026 New Risk • Dec 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (JP¥8.34b market cap, or US$53.5m). Reported Earnings • Nov 18
Second quarter 2026 earnings released: JP¥1.23 loss per share (vs JP¥24.72 profit in 2Q 2025) Second quarter 2026 results: JP¥1.23 loss per share (down from JP¥24.72 profit in 2Q 2025). Revenue: JP¥2.04b (down 8.5% from 2Q 2025). Net loss: JP¥87.0m (down 105% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Sep 27
Hiramatsu Inc. to Report Q2, 2026 Results on Nov 14, 2025 Hiramatsu Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥0.84 (vs JP¥0.98 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥0.84 (up from JP¥0.98 loss in 1Q 2025). Revenue: JP¥2.43b (down 27% from 1Q 2025). Net income: JP¥59.0m (up JP¥128.0m from 1Q 2025). Profit margin: 2.4% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 03
Hiramatsu Inc. to Report Q1, 2026 Results on Aug 08, 2025 Hiramatsu Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥21.67 (vs JP¥2.17 loss in FY 2024) Full year 2025 results: EPS: JP¥21.67 (up from JP¥2.17 loss in FY 2024). Revenue: JP¥10.7b (down 23% from FY 2024). Net income: JP¥1.53b (up JP¥1.68b from FY 2024). Profit margin: 14% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • May 15
Hiramatsu Inc., Annual General Meeting, Jun 25, 2025 Hiramatsu Inc., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥142, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total loss to shareholders of 28% over the past three years. Announcement • Apr 01
Hiramatsu Inc. to Report Fiscal Year 2025 Results on May 15, 2025 Hiramatsu Inc. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: JP¥5.03 (vs JP¥7.07 in 3Q 2024) Third quarter 2025 results: EPS: JP¥5.03 (down from JP¥7.07 in 3Q 2024). Revenue: JP¥2.87b (down 32% from 3Q 2024). Net income: JP¥355.0m (down 29% from 3Q 2024). Profit margin: 12% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Jan 22
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 5.2% 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 High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (JP¥11.5b market cap, or US$73.8m). Announcement • Jan 17
Hiramatsu Inc. to Report Q3, 2025 Results on Feb 13, 2025 Hiramatsu Inc. announced that they will report Q3, 2025 results on Feb 13, 2025 Announcement • Sep 27
Hiramatsu Inc. to Report Q2, 2025 Results on Nov 14, 2024 Hiramatsu Inc. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 17
First quarter 2025 earnings released: JP¥0.98 loss per share (vs JP¥0.59 loss in 1Q 2024) First quarter 2025 results: JP¥0.98 loss per share (further deteriorated from JP¥0.59 loss in 1Q 2024). Revenue: JP¥3.33b (up 1.1% from 1Q 2024). Net loss: JP¥69.0m (loss widened 64% from 1Q 2024). Revenue is forecast to grow 8.0% 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 94% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Market cap is less than US$100m (JP¥11.8b market cap, or US$82.8m). Announcement • Jul 04
Hiramatsu Inc. to Report Q1, 2025 Results on Aug 14, 2024 Hiramatsu Inc. announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 19
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: JP¥2.17 loss per share (improved from JP¥12.79 loss in FY 2023). Revenue: JP¥13.9b (up 12% from FY 2023). Net loss: JP¥153.0m (loss narrowed 83% from FY 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 17
Hiramatsu Inc., Annual General Meeting, Jun 28, 2024 Hiramatsu Inc., Annual General Meeting, Jun 28, 2024. Announcement • Mar 29
Hiramatsu Inc. to Report Fiscal Year 2024 Results on May 14, 2024 Hiramatsu Inc. announced that they will report fiscal year 2024 results on May 14, 2024 Board Change • Mar 12
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Kazuyasu Misu was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥7.07 (vs JP¥2.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥7.07 (up from JP¥2.08 in 3Q 2023). Revenue: JP¥4.19b (up 14% from 3Q 2023). Net income: JP¥499.0m (up 240% from 3Q 2023). Profit margin: 12% (up from 4.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jan 06
Hiramatsu Inc. to Report Q3, 2024 Results on Feb 13, 2024 Hiramatsu Inc. announced that they will report Q3, 2024 results on Feb 13, 2024 Reported Earnings • Nov 19
Second quarter 2024 earnings released: JP¥2.31 loss per share (vs JP¥3.11 loss in 2Q 2023) Second quarter 2024 results: JP¥2.31 loss per share (improved from JP¥3.11 loss in 2Q 2023). Revenue: JP¥3.16b (up 7.2% from 2Q 2023). Net loss: JP¥163.0m (loss narrowed 26% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 28
Hiramatsu Inc. to Report Q2, 2024 Results on Nov 14, 2023 Hiramatsu Inc. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 16
First quarter 2024 earnings released: JP¥0.59 loss per share (vs JP¥3.71 loss in 1Q 2023) First quarter 2024 results: JP¥0.59 loss per share (improved from JP¥3.71 loss in 1Q 2023). Revenue: JP¥3.30b (up 14% from 1Q 2023). Net loss: JP¥42.0m (loss narrowed 84% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 17
Full year 2023 earnings released: JP¥12.79 loss per share (vs JP¥41.71 loss in FY 2022) Full year 2023 results: JP¥12.79 loss per share (improved from JP¥41.71 loss in FY 2022). Revenue: JP¥12.4b (up 34% from FY 2022). Net loss: JP¥904.0m (loss narrowed 63% from FY 2022). 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 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥2.08 (vs JP¥4.98 in 3Q 2022) Third quarter 2023 results: EPS: JP¥2.08 (down from JP¥4.98 in 3Q 2022). Revenue: JP¥3.66b (up 23% from 3Q 2022). Net income: JP¥147.0m (down 58% from 3Q 2022). Profit margin: 4.0% (down from 12% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Hiramatsu Inc. to Report Q3, 2023 Results on Feb 10, 2023 Hiramatsu Inc. announced that they will report Q3, 2023 results on Feb 10, 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. 4 experienced directors. 6 highly experienced directors. No independent directors (8 non-independent directors). External Director Hideo Nagatsuyu was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥3.11 loss per share (vs JP¥18.09 loss in 2Q 2022) Second quarter 2023 results: JP¥3.11 loss per share (improved from JP¥18.09 loss in 2Q 2022). Revenue: JP¥2.95b (up 40% from 2Q 2022). Net loss: JP¥220.0m (loss narrowed 77% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Oct 05
Hiramatsu Inc. to Report Q2, 2023 Results on Nov 11, 2022 Hiramatsu Inc. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: JP¥3.71 loss per share (vs JP¥17.76 loss in 1Q 2022) First quarter 2023 results: JP¥3.71 loss per share (up from JP¥17.76 loss in 1Q 2022). Revenue: JP¥2.88b (up 52% from 1Q 2022). Net loss: JP¥262.0m (loss narrowed 66% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 17% per year. Announcement • Jun 29
Hiramatsu Inc. to Report Q1, 2023 Results on Aug 12, 2022 Hiramatsu Inc. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 19
Full year 2022 earnings released: JP¥41.71 loss per share (vs JP¥94.21 loss in FY 2021) Full year 2022 results: JP¥41.71 loss per share (up from JP¥94.21 loss in FY 2021). Revenue: JP¥9.22b (up 47% from FY 2021). Net loss: JP¥2.47b (loss narrowed 40% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • May 18
Hiramatsu Inc., Annual General Meeting, Jun 24, 2022 Hiramatsu Inc., Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. No independent directors (8 non-independent directors). External Director Hideo Nagatsuyu was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 09
Hiramatsu Inc. to Report Fiscal Year 2022 Results on May 13, 2022 Hiramatsu Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥4.98 (up from JP¥17.78 loss in 3Q 2021). Revenue: JP¥2.97b (up 21% from 3Q 2021). Net income: JP¥349.0m (up JP¥1.14b from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). 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 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Second quarter 2022 earnings released: JP¥18.09 loss per share (vs JP¥15.70 loss in 2Q 2021) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: JP¥2.11b (up 24% from 2Q 2021). Net loss: JP¥955.0m (loss widened 41% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Aug 31
Hiramatsu Inc. announced that it has received ¥4.621491292 billion in funding from Maruhan Taiheiyo Club Investment Co., Ltd., Taiheiyo Club, Inc. On August 30, 2021, Hiramatsu Inc. closed the transaction. Reported Earnings • May 30
Full year 2021 earnings released: JP¥94.21 loss per share (vs JP¥48.57 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥6.27b (down 37% from FY 2020). Net loss: JP¥4.11b (loss widened 96% from FY 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 • Mar 08
Third quarter 2021 earnings released: JP¥17.78 loss per share (vs JP¥34.95 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥2.46b (down 15% from 3Q 2020). Net loss: JP¥787.0m (loss narrowed 48% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 01
New 90-day high: JP¥192 The company is up 4.0% from its price of JP¥185 on 01 December 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 6.0% over the same period. Announcement • Jan 22
Hiramatsu Inc. to Report Q3, 2021 Results on Feb 15, 2021 Hiramatsu Inc. announced that they will report Q3, 2021 results on Feb 15, 2021 Is New 90 Day High Low • Dec 22
New 90-day low: JP¥162 The company is down 31% from its price of JP¥235 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. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥180 The company is down 15% from its price of JP¥211 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 12% over the same period. Announcement • Oct 13
Hiramatsu Inc. announced that it has received ¥29.197896 million in funding from Advantage Partners, Inc. On October 12, 2020, Hiramatsu Inc. closed the transaction. Announcement • Sep 30
Hiramatsu Inc. announced that it expects to receive ¥29.197896 million in funding from Advantage Partners, Inc. SymBio Pharmaceuticals Limited (JASDAQ:4582) announced a private placement to issue 106,952 units of 50th stock acquisition rights at issue price of ¥273 per stock acquisition right for gross proceeds of ¥29,197,896 on September 25, 2020. The transaction will include participation from returning investor, Inflexion II Fund L.P. for 27,391 stock acquisition rights , Flagship Asset Management Investment Association No. 89 for 9,251 stock acquisition rights, Investment Limited Partnership InfleXion II for 70,310, The transaction is expected to close on October 12, 2020. The stock acquisition rights are convertible into 2,000,002,400 common shares of the company at an initial exercise price of ¥187 yen per share. The company will issue stock acquisition rights through third-party allotment. The transaction has been approved by the board of directors of the company. 