Announcement • Oct 30
DD GROUP Co., Ltd. to Delist from Prime Section of the Tokyo Stock Exchange, Effective November 21, 2025 DD GROUP Co., Ltd. will be delisted from Prime section of the Tokyo Stock Exchange effective from November 21, 2025, due to MBO(TOB,Reverse stock split). Announcement • Aug 28
Polaris Private Equity Fund VI, L.P a fund managed by Polaris Capital Group Co., Ltd. and Atsuhisa Matsumura, President and Representative Director of DD GROUP Co., Ltd. completed the acquisition of 91.79% stake in DD GROUP Co., Ltd. (TSE:3073) from Atsuhisa Matsumura and others. Polaris Private Equity Fund VI, L.P a fund managed by Polaris Capital Group Co., Ltd. and Atsuhisa Matsumura, President and Representative Director of DD GROUP Co., Ltd. proposed to acquire 91.79% stake in DD GROUP Co., Ltd. (TSE:3073) from Atsuhisa Matsumura and others for ¥28.3 billion on July 14, 2025. A cash consideration of ¥28.27 billion valued at ¥1700 per share will be paid by Polaris Capital Group Co., Ltd. and the management. As part of consideration, ¥28.27 billion is paid towards common equity of DD GROUP Co., Ltd. As of August 1, 2025, the Amendments are related to the conditions of the offer. As of July 15, 2025, Offeror hereby announces that it commenced a tender offer for common stock of DD Group.
The transaction is subject to minimum tender. The deal is expected to complete on August 27, 2025. SMBC Nikko Securities Inc. acted as a tender offer agent on the deal.
Polaris Private Equity Fund VI, L.P a fund managed by Polaris Capital Group Co., Ltd. and Atsuhisa Matsumura, President and Representative Director of DD GROUP Co., Ltd. completed the acquisition of 91.79% stake in DD GROUP Co., Ltd. (TSE:3073) from Atsuhisa Matsumura and others on August 27, 2025. Settlement Commencement will be on September 3, 2025. Announcement • Jul 30
DD GROUP Co., Ltd. to Report Q2, 2026 Results on Oct 15, 2025 DD GROUP Co., Ltd. announced that they will report Q2, 2026 results on Oct 15, 2025 New Risk • Jul 15
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 High level of debt (88% net debt to equity). Share price has been volatile over the past 3 months (5.7% average weekly change). Reported Earnings • Jul 15
First quarter 2026 earnings released: EPS: JP¥37.43 (vs JP¥39.05 in 1Q 2025) First quarter 2026 results: EPS: JP¥37.43 (down from JP¥39.05 in 1Q 2025). Revenue: JP¥10.1b (up 3.7% from 1Q 2025). Net income: JP¥678.0m (down 4.1% from 1Q 2025). Profit margin: 6.7% (down from 7.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 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 63% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Announcement • Jul 15
Polaris Capital Group Co., Ltd. and Atsuhisa Matsumura, President and Representative Director of DD GROUP Co., Ltd. proposed to acquire 91.79% stake in DD GROUP Co., Ltd. (TSE:3073) from Atsuhisa Matsumura and others for ¥28.3 billion. Polaris Capital Group Co., Ltd. and Atsuhisa Matsumura, President and Representative Director of DD GROUP Co., Ltd. proposed to acquire 91.79% stake in DD GROUP Co., Ltd. (TSE:3073) from Atsuhisa Matsumura and others for ¥28.3 billion on July 14, 2025. A cash consideration of ¥28.27 billion valued at ¥1700 per share will be paid by Polaris Capital Group Co., Ltd. and the management. As part of consideration, ¥28.27 billion is paid towards common equity of DD GROUP Co., Ltd. The transaction is subject to minimum tender. The deal is expected to complete on August 27, 2025. SMBC Nikko Securities Inc. acted as a tender offer agent on the deal. New Risk • Jun 09
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: 6.0% Last year net profit margin: 8.6% 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: Minor Risks High level of debt (102% net debt to equity). Profit margins are more than 30% lower than last year (6.0% net profit margin). Reported Earnings • Jun 04
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥132 (down from JP¥178 in FY 2024). Revenue: JP¥38.6b (up 4.0% from FY 2024). Net income: JP¥2.40b (down 25% from FY 2024). Profit margin: 6.2% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 5.0% 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 80% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • May 27
DD GROUP Co., Ltd. to Report Q1, 2026 Results on Jul 14, 2025 DD GROUP Co., Ltd. announced that they will report Q1, 2026 results on Jul 14, 2025 Major Estimate Revision • Apr 21
Consensus EPS estimates fall by 20% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥172 to JP¥137 per share. Revenue forecast steady at JP¥41.5b. Net income forecast to grow 6.8% next year vs 12% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥3,500 unchanged from last update. Share price fell 8.9% to JP¥1,256 over the past week. Announcement • Apr 15
DD Group Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending August 31, 2025 and Full Year Ending February 28, 2026 DD GROUP Co., Ltd. provided consolidated earnings guidance for the six months ending August 31, 2025 and full year ending February 28, 2026. For the six month, the company expected net sales of JPY 20,250 million, operating profit of JPY 1,790 million and profit attributable to owners of parent of JPY 1,250 million or JPY 66.79 per share.
For the year, the company expected net sales of JPY 41,560 million, operating profit of JPY 4,130 million and profit attributable to owners of parent of JPY 2,410 million or JPY 128.61 per share. Reported Earnings • Apr 15
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥132 (down from JP¥178 in FY 2024). Revenue: JP¥38.6b (up 4.0% from FY 2024). Net income: JP¥2.40b (down 25% from FY 2024). Profit margin: 6.2% (down from 8.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 7.9% 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 79% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Apr 14
DD GROUP Co., Ltd., Annual General Meeting, May 29, 2025 DD GROUP Co., Ltd., Annual General Meeting, May 29, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,120, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Hospitality industry in Japan. Total returns to shareholders of 116% over the past three years. Announcement • Feb 26
DD GROUP Co., Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2025 DD GROUP Co., Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥33.18 (vs JP¥14.36 in 3Q 2024) Third quarter 2025 results: EPS: JP¥33.18 (up from JP¥14.36 in 3Q 2024). Revenue: JP¥9.32b (up 1.5% from 3Q 2024). Net income: JP¥601.0m (up 131% from 3Q 2024). Profit margin: 6.5% (up from 2.8% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Hospitality industry in Japan. 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 35% per year, which means it is significantly lagging earnings growth. Announcement • Nov 20
DD GROUP Co., Ltd. to Report Q3, 2025 Results on Jan 14, 2025 DD GROUP Co., Ltd. announced that they will report Q3, 2025 results on Jan 14, 2025 Reported Earnings • Oct 18
Second quarter 2025 earnings released: EPS: JP¥27.44 (vs JP¥22.70 in 2Q 2024) Second quarter 2025 results: EPS: JP¥27.44 (up from JP¥22.70 in 2Q 2024). Revenue: JP¥9.47b (up 5.9% from 2Q 2024). Net income: JP¥497.0m (up 21% from 2Q 2024). Profit margin: 5.2% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% 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 117% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • Oct 15
DD GROUP Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2025 DD GROUP Co., Ltd. revised consolidated earnings guidance for the fiscal year ending February 28, 2025. For the period, the company expected net sales of JPY 38,780 million, operating profit of JPY 3,760 million and profit attributable to owners of parent of JPY 2,640 million or JPY 134.72 per share. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥1,014, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 146% over the past three years. Announcement • Jul 27
DD GROUP Co., Ltd. to Report Q2, 2025 Results on Oct 15, 2024 DD GROUP Co., Ltd. announced that they will report Q2, 2025 results on Oct 15, 2024 Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,374, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the Hospitality industry in Japan. Total returns to shareholders of 175% over the past three years. Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: JP¥41.81 (vs JP¥55.79 in 1Q 2024) First quarter 2025 results: EPS: JP¥41.81 (down from JP¥55.79 in 1Q 2024). Revenue: JP¥9.73b (up 4.9% from 1Q 2024). Net income: JP¥757.0m (down 25% from 1Q 2024). Profit margin: 7.8% (down from 11% in 1Q 2024). Revenue is forecast to grow 6.7% 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 133% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • May 12
DD GROUP Co., Ltd. to Report Q1, 2025 Results on Jul 12, 2024 DD GROUP Co., Ltd. announced that they will report Q1, 2025 results on Jul 12, 2024 Reported Earnings • Apr 14
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: JP¥178 (up from JP¥37.29 in FY 2023). Revenue: JP¥37.1b (up 15% from FY 2023). Net income: JP¥3.22b (up 376% from FY 2023). Profit margin: 8.7% (up from 2.1% in FY 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 41%. Revenue is forecast to grow 10% 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 138% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Announcement • Apr 12
DD GROUP Co., Ltd., Annual General Meeting, May 29, 2024 DD GROUP Co., Ltd., Annual General Meeting, May 29, 2024. Announcement • Mar 23
Adastria Co., Ltd. (TSE:2685) entered into a letter of intent to acquire remaining 49% stake in Zetton Inc. (NSE:3057) from a group of shareholders. Adastria Co., Ltd. (TSE:2685) entered into a letter of intent to acquire remaining 49% stake in Zetton Inc. (NSE:3057) from a group of shareholders on December 27, 2023. Adastria Co., Ltd. (TSE:2685) entered into a share exchange agreement to acquire remaining 49% stake in Zetton Inc. (NSE:3057) from a group of shareholders for ¥4.4 billion on March 21, 2024. Shares of zetton, which will become a wholly owned subsidiary of Adastria, will be delisted on May 30, 2024 (last trading date to be May 29, 2024) after completion of the designated procedures pursuant to the Nagoya Stock Exchange delisting regulations. To make Zetton a wholly owned subsidiary, Adastria will deliver common shares of Adastria to the minority shareholders of Zetton as consideration. The board of Adastria and Zetton held a meeting to resolved to conduct the share exchange on March 21, 2024 and subsequently the agreement was signed. The transaction is subject to the approval of the agreement by a resolution of the zetton Ordinary General Meeting of Shareholders to be held on April 25, 2024. A Special Committee consisting of independent members who have no interest in the controlling shareholder Adastria has been formed. The board of directors shall make its decisions with the utmost respect for the contents of the committee report. The transaction is expected to close on June 1, 2024. iwaida partners is acting as the legal advisor to Zetton Inc. (NSE:3057) and SATO & Partners is acting the legal advisor to Adastria Co., Ltd. (TSE:2685). AGS Consulting Co., Ltd. acted as the financial and due diligence provider to Zetton. Announcement • Feb 28
DD GROUP Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024 DD GROUP Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024 Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,522, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 26x in the Hospitality industry in Japan. Total returns to shareholders of 165% over the past three years. Reported Earnings • Jan 14
Third quarter 2024 earnings released: EPS: JP¥22.65 (vs JP¥0.83 in 3Q 2023) Third quarter 2024 results: EPS: JP¥22.65 (up from JP¥0.83 in 3Q 2023). Revenue: JP¥9.18b (up 12% from 3Q 2023). Net income: JP¥410.0m (up JP¥395.0m from 3Q 2023). Profit margin: 4.5% (up from 0.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% 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 128% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Jan 12
DD Group Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending February 29, 2024 DD GROUP Co., Ltd. provided consolidated earnings guidance for the full year ending February 29, 2024. For the year ending February 29, 2024, the company expected net sales of JPY 36,400 million, operating profit of JPY 2,950 million and profit attributable to owners of parent of JPY 2,350 million or JPY 118.76 per share. Announcement • Nov 29
DD GROUP Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024 DD GROUP Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024 Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to JP¥1,284, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 25x in the Hospitality industry in Japan. Total returns to shareholders of 76% over the past three years. New Risk • Oct 19
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: JP¥22.70 (vs JP¥14.69 in 2Q 2023) Second quarter 2024 results: EPS: JP¥22.70 (up from JP¥14.69 in 2Q 2023). Revenue: JP¥8.94b (up 18% from 2Q 2023). Net income: JP¥411.0m (up 55% from 2Q 2023). Profit margin: 4.6% (up from 3.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 114% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • Oct 14
DD GROUP Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending February 29, 2024 DD GROUP Co., Ltd. provided consolidated earnings guidance for the full year ending February 29, 2024. For the year ending February 29, 2024, the company expected net sales of JPY 36,400 million, operating profit of JPY 2,950 million and profit attributable to owners of parent of JPY 2,350 million or JPY 118.76 per share. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,930, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Hospitality industry in Japan. Total returns to shareholders of 169% over the past three years. Announcement • Aug 20
DD GROUP Co., Ltd. to Report Q2, 2024 Results on Oct 13, 2023 DD GROUP Co., Ltd. announced that they will report Q2, 2024 results on Oct 13, 2023 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to JP¥1,608, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 29x in the Hospitality industry in Japan. Total returns to shareholders of 139% over the past three years. Reported Earnings • Jul 17
First quarter 2024 earnings released: EPS: JP¥55.79 (vs JP¥0.39 in 1Q 2023) First quarter 2024 results: EPS: JP¥55.79 (up from JP¥0.39 in 1Q 2023). Revenue: JP¥9.28b (up 26% from 1Q 2023). Net income: JP¥1.01b (up JP¥1.00b from 1Q 2023). Profit margin: 11% (up from 0.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 9.1% 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 21% per year, which means it is significantly lagging earnings growth. Announcement • Jul 15
DD GROUP Co., Ltd. Provides Earnings Guidance for the Six Months Ending August 31, 2023 and Year Ending February 29, 2024 DD GROUP Co., Ltd. provided earnings guidance for the six months ending August 31, 2023 and year ending February 29, 2024. For the six months ending August 31, 2023, the company expects net sales of JPY 17,733 million, operating profit of JPY 1,390 million and profit attributable to owners of parent of JPY 1,269 million or JPY 64.57 per share.For the year ending February 29, 2024, the company expects net sales of JPY 34,861 million, operating profit of JPY 2,250 million and profit attributable to owners of parent of JPY 1,835 million or JPY 90.31 per share. Reported Earnings • Jun 02
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥48.33 (up from JP¥20.14 loss in FY 2022). Revenue: JP¥32.2b (up 67% from FY 2022). Net income: JP¥875.0m (up JP¥1.23b from FY 2022). Profit margin: 2.7% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 9.3% 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 7% per year, which means it is significantly lagging earnings growth. Announcement • May 25
DD Holdings Co.,Ltd. to Report Q1, 2024 Results on Jul 14, 2023 DD Holdings Co.,Ltd. announced that they will report Q1, 2024 results on Jul 14, 2023 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥1,064, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 30x in the Hospitality industry in Japan. Total returns to shareholders of 50% over the past three years. Reported Earnings • Apr 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥48.33 (up from JP¥20.14 loss in FY 2022). Revenue: JP¥32.2b (up 67% from FY 2022). Net income: JP¥875.0m (up JP¥1.23b from FY 2022). Profit margin: 2.7% (up from net loss in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 47%. Revenue is forecast to grow 4.7% 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 51% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 02
DD Holdings Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 14, 2023 DD Holdings Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 14, 2023 Reported Earnings • Jan 14
Third quarter 2023 earnings released: EPS: JP¥9.11 (vs JP¥11.24 in 3Q 2022) Third quarter 2023 results: EPS: JP¥9.11 (down from JP¥11.24 in 3Q 2022). Revenue: JP¥8.23b (up 55% from 3Q 2022). Net income: JP¥165.0m (down 18% from 3Q 2022). Profit margin: 2.0% (down from 3.8% in 3Q 2022). Revenue is forecast to grow 7.1% 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 16% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Announcement • Jan 14
DD Holdings Co.,Ltd. Provides Earnings Guidance for the Year Ending February 28, 2023 DD Holdings Co.,Ltd. provided earnings guidance for the year ending February 28, 2023. For the year, the company expected Net sales to be JPY 32,628 Million; Operating profit to be JPY 524 Million; Profit attributable to owners of parent to be JPY 522 Million and Basic earnings per share to be JPY 17.80. Announcement • Nov 27
DD Holdings Co.,Ltd. to Report Q3, 2023 Results on Jan 13, 2023 DD Holdings Co.,Ltd. announced that they will report Q3, 2023 results on Jan 13, 2023 Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. No independent directors (7 non-independent directors). MD & Director Masaaki Saito was the last director to join the board, commencing their role in 2022. 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 17
Second quarter 2023 earnings released: EPS: JP¥20.22 (vs JP¥11.59 in 2Q 2022) Second quarter 2023 results: EPS: JP¥20.22 (up from JP¥11.59 in 2Q 2022). Revenue: JP¥7.56b (up 101% from 2Q 2022). Net income: JP¥366.0m (up 79% from 2Q 2022). Profit margin: 4.8% (down from 5.4% in 2Q 2022). Revenue is forecast to grow 9.7% 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 12% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Announcement • Oct 15
DD Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for Year Ending February 2023 DD Holdings Co.,Ltd. provided consolidated earnings guidance for year ending February 2023. For the period, the company expected net sales of JPY 32,628 million, operating profit of JPY 524 million, profit attributable to owners of parent of JPY 522 million, Basic earnings per share of JPY 17.80 per basic share. Announcement • Aug 19
DD Holdings Co.,Ltd. to Report Q2, 2023 Results on Oct 14, 2022 DD Holdings Co.,Ltd. announced that they will report Q2, 2023 results on Oct 14, 2022 Reported Earnings • Jul 18
First quarter 2023 earnings released: EPS: JP¥3.15 (vs JP¥8.35 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥3.15 (up from JP¥8.35 loss in 1Q 2022). Revenue: JP¥7.35b (up 77% from 1Q 2022). Net income: JP¥57.0m (up JP¥196.0m from 1Q 2022). Profit margin: 0.8% (up from net loss in 1Q 2022). Over the next year, revenue is forecast to grow 44%, compared to a 47% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Jul 16
DD Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 2022 DD Holdings Co.,Ltd. provided consolidated earnings guidance for the fiscal year ending February 2022. For the year, the company expects sales of JPY 32,628 million, Operating profit of JPY 524 million, Profit attributable to owners of parent of JPY 522 million and Basic earnings per share of JPY 17.80. Announcement • Jun 09
DD Holdings Co.,Ltd. (TSE:3073) completed the acquisition of Travel Rent-A-Car, K.K. and Matsumiya Auto Service Inc. DD Holdings Co.,Ltd. (TSE:3073) agreed to acquire Travel Rent-A-Car, K.K. and Matsumiya Auto Service Inc. on May 23, 2022. On January 11, 2022, DD Holdings Co.,Ltd. (TSE:3073) supported the Travel Rent-A-Car Group, which filed a petition for the start of civil rehabilitation with the Civil Affairs Division 20 of the Tokyo District Court.
DD Holdings Co.,Ltd. (TSE:3073) completed the acquisition of Travel Rent-A-Car, K.K. and Matsumiya Auto Service Inc. on June 7, 2022. Reported Earnings • Jun 03
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: JP¥20.14 loss per share (up from JP¥551 loss in FY 2021). Revenue: JP¥19.4b (down 18% from FY 2021). Net loss: JP¥354.0m (loss narrowed 96% from FY 2021). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 66%, compared to a 49% 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 46 percentage points per year, which is a significant difference in performance. Announcement • May 19
DD Holdings Co.,Ltd. to Report Q1, 2022 Results on Jul 15, 2022 DD Holdings Co.,Ltd. announced that they will report Q1, 2022 results on Jul 15, 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. 5 experienced directors. 3 highly experienced directors. No independent directors (5 non-independent directors). General Manager of Administration Division and Director Yasuhiro Higuchi 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 • Apr 15
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: JP¥20.14 loss per share (up from JP¥551 loss in FY 2021). Revenue: JP¥19.4b (down 18% from FY 2021). Net loss: JP¥354.0m (loss narrowed 96% from FY 2021). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 59%, compared to a 68% 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 45 percentage points per year, which is a significant difference in performance. Announcement • Feb 02
DD Holdings Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 14, 2022 DD Holdings Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 14, 2022 Announcement • Jan 25
DD Holdings Co.,Ltd. announced that it expects to receive ¥5 billion in funding from DBJ Regional Investment Co., Ltd. DD Holdings Co.,Ltd. announced a private placement of 50,000 class A preferred shares at an issue price of ¥100,000 per share for gross proceeds of ¥5,000,000,000 on January 24, 2022. The transaction will include participation from DBJ Food and Beverage / Lodging Support Fund L.P., a fund managed by DBJ Regional Investment Co., Ltd. The transaction is expected to close on February 28, 2022. The company will receive funding through third-party allotment method. The transaction is subject to approval of extraordinary general meeting of shareholders scheduled to be held on February 25, 2022. Reported Earnings • Jan 16
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥11.24 (up from JP¥45.87 loss in 3Q 2021). Revenue: JP¥5.33b (down 28% from 3Q 2021). Net income: JP¥202.0m (up JP¥904.0m from 3Q 2021). Profit margin: 3.8% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the next year, revenue is forecast to grow 56%, 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 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 16
Second quarter 2022 earnings released: EPS JP¥11.59 (vs JP¥195 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¥3.76b (down 43% from 2Q 2021). Net income: JP¥204.0m (up JP¥3.19b from 2Q 2021). Profit margin: 5.4% (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 74 percentage points per year, which is a significant difference in performance. Announcement • Aug 17
WESTMAN, INC. acquired Diamond Dining International Corporation from DD Holdings Co.,Ltd. (TSE:3073). WESTMAN, INC. acquired Diamond Dining International Corporation from DD Holdings Co.,Ltd. (TSE:3073) on August 16, 2021. As per terms of transaction, DD Holdings Co.,Ltd. sold 10,000 shares of Diamond Dining International Corporation. , In addition to the transfer price, DD Holdings Co.,Ltd. will enter into a clause to receive conditional transfer consideration (hereinafter referred to as earn-out consideration) from the other party to the transfer of shares of DDIC, depending on the degree of achievement of business performance. As on December 31, 2020, Diamond Dining International Corporation reported Net assets of -¥887 million, Total assets of ¥192 million, Sales of ¥394 million, Operating income of -¥370 million and Net income of -¥359 million. The entire amount of the receivables from the subsidiary has already been recorded as an allowance for doubtful accounts in the previous fiscal year, and the impact on the individual settlement of accounts for the fiscal year ending February 2022 will be minor.
WESTMAN, INC. completed the acquisition of Diamond Dining International Corporation from DD Holdings Co.,Ltd. (TSE:3073) on August 16, 2021. Reported Earnings • Jul 18
First quarter 2022 earnings released: JP¥8.35 loss per share (vs JP¥170 loss in 1Q 2021) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2022 results: Revenue: JP¥4.16b (down 8.9% from 1Q 2021). Net loss: JP¥139.0m (loss narrowed 95% from 1Q 2021). 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 • Apr 17
Full year 2021 earnings released: JP¥551 loss per share (vs JP¥94.22 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¥23.5b (down 59% from FY 2020). Net loss: JP¥8.51b (down JP¥9.95b 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 86 percentage points per year, which is a significant difference in performance. Announcement • Apr 15
DD Holdings Co.,Ltd. Provides Earnings Guidance for the Period Ended February 2022 DD Holdings Co.,Ltd. provided earnings guidance for the period ended February 2022. For the period, the company expects Net sales of JPY 33,297 million, Operating revenues of JPY 318 million, Profit attributable to owners of parent of JPY 230 million or JPY 14.89 per share. Announcement • Feb 20
DD Holdings Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 14, 2021 DD Holdings Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 14, 2021 Is New 90 Day High Low • Feb 09
New 90-day high: JP¥728 The company is up 3.0% from its price of JP¥705 on 11 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 7.0% over the same period. Analyst Estimate Surprise Post Earnings • Jan 19
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 30%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 29%, compared to a 12% growth forecast for the Hospitality industry in Japan. Analyst Estimate Surprise Post Earnings • Jan 16
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 30%. Earnings per share (EPS) exceeded analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 29%, compared to a 12% growth forecast for the Hospitality industry in Japan. Reported Earnings • Jan 15
Third quarter 2021 earnings released: JP¥45.87 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¥7.40b (down 46% from 3Q 2020). Net loss: JP¥702.0m (down JP¥845.0m from profit in 3Q 2020). 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 36% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 05
New 90-day low: JP¥510 The company is down 36% from its price of JP¥798 on 07 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 15
New 90-day low: JP¥586 The company is down 28% from its price of JP¥810 on 16 September 2020. The Japanese market is up 9.0% 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. Price Target Changed • Dec 01
Price target lowered to JP¥800 Down from JP¥3,400, the current price target is provided by 1 analyst. The new target price is 31% above the current share price of JP¥613. As of last close, the stock is down 61% over the past year. Announcement • Oct 27
DD Holdings Co.,Ltd. announced that it expects to receive ¥10.212 million in funding from Morgan Stanley MUFG Securities Co., Ltd., Investment Arm DD Holdings Co.,Ltd. (TSE:3073) announced that it will issue 28,000 6th Stock Acquisition Rights at a price of ¥279 per piece for the gross proceeds of ¥7,812,000 and 7th Stock Acquisition Rights at a price of ¥240 per piece for the gross proceeds of ¥2,400,000; for the aggregate gross proceeds of ¥10,212,000 on October 26, 2020. Each stock acquisition right will be converted into 100 shares. The company will raise ¥3,047,012,000 from issuance of 3,800,000 shares through exercise of acquisition rights. The company will issue acquisition rights on third party allotment basis to Morgan Stanley MUFG Securities Co., Ltd., Investment Arm. The transaction has been approved by board of directors of the company. The Stock Acquisition Rights can be exercise from November 24, 2020 to November 24, 2022. The transaction is expected to close on November 20, 2020. Announcement • Oct 16
DD Holdings Co.,Ltd. Do Not Announce Dividend for the Second Quarter Ended August 2020 and Do Not Provide Dividend Guidance for the Year Ending February 2021 DD Holdings Co.,Ltd. announced dividend of JPY 0.00 per share for the second quarter ended August 2020 against JPY 9.00 per share paid for the same period a year ago and do not provide dividend guidance for the year ending February 2021. Announcement • Sep 21
DD Holdings Co.,Ltd.(TSE:3073) dropped from S&P Global BMI Index DD Holdings Co.,Ltd.(TSE:3073) dropped from S&P Global BMI Index Announcement • Aug 24
DD Holdings Co.,Ltd. to Report Q2, 2021 Results on Oct 15, 2020 DD Holdings Co.,Ltd. announced that they will report Q2, 2021 results on Oct 15, 2020