Announcement • May 09
SFP Holdings Co., Ltd. to Report Q1, 2027 Results on Jul 14, 2026 SFP Holdings Co., Ltd. announced that they will report Q1, 2027 results on Jul 14, 2026 Reported Earnings • Apr 15
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: JP¥47.58 (down from JP¥65.14 in FY 2025). Revenue: JP¥31.1b (up 2.4% from FY 2025). Net income: JP¥1.09b (down 27% from FY 2025). Profit margin: 3.5% (down from 4.9% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Apr 14
SFP Holdings Co., Ltd., Annual General Meeting, May 21, 2026 SFP Holdings Co., Ltd., Annual General Meeting, May 21, 2026. Announcement • Apr 03
SFP Holdings Co., Ltd. to Report Fiscal Year 2026 Results on Apr 14, 2026 SFP Holdings Co., Ltd. announced that they will report fiscal year 2026 results on Apr 14, 2026 Upcoming Dividend • Feb 19
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 07 May 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (0.9%). Reported Earnings • Jan 15
Third quarter 2026 earnings released: EPS: JP¥6.80 (vs JP¥14.47 in 3Q 2025) Third quarter 2026 results: EPS: JP¥6.80 (down from JP¥14.47 in 3Q 2025). Revenue: JP¥7.41b (up 1.8% from 3Q 2025). Net income: JP¥155.0m (down 53% from 3Q 2025). Profit margin: 2.1% (down from 4.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% 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 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jan 14
Sfp Holdings Co., Ltd. Provides Year-End Dividend guidance for the Fiscal Year Ending February 28, 2026 SFP Holdings Co., Ltd. provided Year-End Dividend guidance of JPY 14 per share for the Fiscal year ending February 28, 2026 as compared to last year dividend of JPY 13 per share. Declared Dividend • Nov 11
First half dividend of JP¥14.00 announced Shareholders will receive a dividend of JP¥14.00. Ex-date: 26th February 2026 Payment date: 7th May 2026 Dividend yield will be 1.4%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 01
SFP Holdings Co., Ltd. to Report Q3, 2026 Results on Jan 14, 2026 SFP Holdings Co., Ltd. announced that they will report Q3, 2026 results on Jan 14, 2026 Reported Earnings • Oct 15
Second quarter 2026 earnings released: EPS: JP¥6.32 (vs JP¥10.00 in 2Q 2025) Second quarter 2026 results: EPS: JP¥6.32 (down from JP¥10.00 in 2Q 2025). Revenue: JP¥7.59b (up 3.1% from 2Q 2025). Net income: JP¥144.0m (down 37% from 2Q 2025). Profit margin: 1.9% (down from 3.1% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.4% 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 37% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 28
Now 20% undervalued Over the last 90 days, the stock has risen 5.1% to JP¥2,245. The fair value is estimated to be JP¥2,822, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Announcement • Aug 27
SFP Holdings Co., Ltd. to Report Q2, 2026 Results on Oct 14, 2025 SFP Holdings Co., Ltd. announced that they will report Q2, 2026 results on Oct 14, 2025 Upcoming Dividend • Aug 21
Upcoming dividend of JP¥14.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 10 November 2025. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.7%). Reported Earnings • Jul 15
First quarter 2026 earnings released: EPS: JP¥17.06 (vs JP¥20.93 in 1Q 2025) First quarter 2026 results: EPS: JP¥17.06 (down from JP¥20.93 in 1Q 2025). Revenue: JP¥7.75b (up 1.0% from 1Q 2025). Net income: JP¥389.0m (down 18% from 1Q 2025). Profit margin: 5.0% (down from 6.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.0% 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 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jun 21
Now 20% undervalued Over the last 90 days, the stock has risen 6.1% to JP¥2,225. The fair value is estimated to be JP¥2,798, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Declared Dividend • Jun 18
Final dividend increased to JP¥14.00 Dividend of JP¥14.00 is 7.7% higher than last year. Ex-date: 28th August 2025 Payment date: 10th November 2025 Dividend yield will be 1.2%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 26
SFP Holdings Co., Ltd. to Report Q1, 2026 Results on Jul 14, 2025 SFP Holdings Co., Ltd. announced that they will report Q1, 2026 results on Jul 14, 2025 Buy Or Sell Opportunity • Apr 24
Now 22% undervalued Over the last 90 days, the stock has risen 4.8% to JP¥2,191. The fair value is estimated to be JP¥2,794, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 7.6%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • Apr 16
SFP Holdings Co., Ltd. Announces Year-End Dividend for the Current Fiscal Year 2025, Effective May 2, 2025 SFP Holdings Co., Ltd. announced that it has resolved, at a meeting of the Board of Directors held on April 14, 2025, to pay dividends of surplus (year-end dividends) with a record date of February 28, 2025. Effective date is May 2, 2025. Dividend per share is JPY 13.00; Total amount of dividends: JPY 296,405,000. Effective date is May 2, 2025. Actual results for the fiscal year ended February 29, 2024 of JPY 12.00. Reported Earnings • Apr 15
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: JP¥65.14 (down from JP¥70.98 in FY 2024). Revenue: JP¥30.4b (up 4.5% from FY 2024). Net income: JP¥1.49b (down 14% from FY 2024). Profit margin: 4.9% (down from 6.0% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to grow 7.5% 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 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 14
SFP Holdings Co., Ltd., Annual General Meeting, May 23, 2025 SFP Holdings Co., Ltd., Annual General Meeting, May 23, 2025. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 07 May 2025. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%). Announcement • Feb 03
SFP Holdings Co., Ltd. to Report Fiscal Year 2025 Results on Apr 14, 2025 SFP Holdings Co., Ltd. announced that they will report fiscal year 2025 results on Apr 14, 2025 Buy Or Sell Opportunity • Jan 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to JP¥2,195. The fair value is estimated to be JP¥1,811, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 5.8% in the next 2 years. Reported Earnings • Jan 15
Third quarter 2025 earnings released: EPS: JP¥14.47 (vs JP¥8.42 in 3Q 2024) Third quarter 2025 results: EPS: JP¥14.47 (up from JP¥8.42 in 3Q 2024). Revenue: JP¥7.27b (up 3.5% from 3Q 2024). Net income: JP¥330.0m (up 69% from 3Q 2024). Profit margin: 4.5% (up from 2.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% 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 18% per year whereas the company’s share price has increased by 15% per year. New Risk • Jan 12
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. Announcement • Oct 26
SFP Holdings Co., Ltd. to Report Q3, 2025 Results on Jan 14, 2025 SFP Holdings Co., Ltd. announced that they will report Q3, 2025 results on Jan 14, 2025 Major Estimate Revision • Oct 18
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥76.40 to JP¥67.10. Revenue forecast unchanged from JP¥30.2b at last update. Net income forecast to shrink 6.0% next year vs 13% growth forecast for Hospitality industry in Japan . Consensus price target down from JP¥2,700 to JP¥2,300. Share price was steady at JP¥1,905 over the past week. Reported Earnings • Oct 16
Second quarter 2025 earnings released: EPS: JP¥10.00 (vs JP¥6.32 in 2Q 2024) Second quarter 2025 results: EPS: JP¥10.00 (up from JP¥6.32 in 2Q 2024). Revenue: JP¥7.37b (up 3.3% from 2Q 2024). Net income: JP¥228.0m (up 40% from 2Q 2024). Profit margin: 3.1% (up from 2.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% 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 45% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 11 November 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Buy Or Sell Opportunity • Jul 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 2.0% to JP¥2,097. The fair value is estimated to be JP¥1,747, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 22% in the next 2 years. Announcement • Jul 27
SFP Holdings Co., Ltd. to Report Q2, 2025 Results on Oct 11, 2024 SFP Holdings Co., Ltd. announced that they will report Q2, 2025 results on Oct 11, 2024 Reported Earnings • Jul 16
First quarter 2025 earnings released: EPS: JP¥20.93 (vs JP¥18.96 in 1Q 2024) First quarter 2025 results: EPS: JP¥20.93. Revenue: JP¥7.67b (up 7.2% from 1Q 2024). Net income: JP¥477.0m (down 2.5% from 1Q 2024). Profit margin: 6.2% (down from 6.8% in 1Q 2024). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Announcement • May 03
SFP Holdings Co., Ltd. to Report Q1, 2025 Results on Jul 12, 2024 SFP Holdings Co., Ltd. announced that they will report Q1, 2025 results on Jul 12, 2024 Buy Or Sell Opportunity • Apr 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.2% to JP¥1,925. The fair value is estimated to be JP¥2,430, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Announcement • Apr 14
SFP Holdings Co., Ltd., Annual General Meeting, May 24, 2024 SFP Holdings Co., Ltd., Annual General Meeting, May 24, 2024. Reported Earnings • Apr 14
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥70.98 (up from JP¥21.29 in FY 2023). Revenue: JP¥29.1b (up 27% from FY 2023). Net income: JP¥1.73b (up 215% from FY 2023). Profit margin: 6.0% (up from 2.4% in FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.0%. Revenue is forecast to grow 7.7% 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 95% 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 • Apr 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.5% to JP¥1,939. The fair value is estimated to be JP¥2,434, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 214% in the next 2 years. Buy Or Sell Opportunity • Mar 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to JP¥1,977. The fair value is estimated to be JP¥2,477, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 214% in the next 2 years. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 08 May 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (0.6%). Announcement • Jan 31
SFP Holdings Co., Ltd. to Report Fiscal Year 2024 Results on Apr 12, 2024 SFP Holdings Co., Ltd. announced that they will report fiscal year 2024 results on Apr 12, 2024 Reported Earnings • Jan 14
Third quarter 2024 earnings released: EPS: JP¥8.42 (vs JP¥1.36 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥8.42 (up from JP¥1.36 loss in 3Q 2023). Revenue: JP¥7.02b (up 17% from 3Q 2023). Net income: JP¥195.0m (up JP¥230.0m from 3Q 2023). Profit margin: 2.8% (up from net loss in 3Q 2023). Revenue is forecast to grow 8.2% 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 95% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Dec 05
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 9.6%. The fair value is estimated to be JP¥2,822, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 381% in the next 2 years. Buying Opportunity • Nov 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.3%. The fair value is estimated to be JP¥2,846, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 381% in the next 2 years. Announcement • Oct 29
SFP Holdings Co., Ltd. to Report Q3, 2024 Results on Jan 12, 2024 SFP Holdings Co., Ltd. announced that they will report Q3, 2024 results on Jan 12, 2024 Reported Earnings • Oct 15
Second quarter 2024 earnings released: EPS: JP¥6.32 (vs JP¥12.45 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥6.32 (up from JP¥12.45 loss in 2Q 2023). Revenue: JP¥7.13b (up 30% from 2Q 2023). Net income: JP¥163.0m (up JP¥484.0m from 2Q 2023). Profit margin: 2.3% (up from net loss in 2Q 2023). Revenue is forecast to grow 7.9% 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 89% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥10.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 13 November 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (0.5%). Announcement • Jul 30
SFP Holdings Co., Ltd. to Report Q2, 2024 Results on Oct 13, 2023 SFP Holdings Co., Ltd. announced that they will report Q2, 2024 results on Oct 13, 2023 Announcement • Jul 22
SFP Holdings Co., Ltd. (TSE:3198) announces an Equity Buyback for 3,300,100 shares, representing 12.8% for ¥6,534.2 million. SFP Holdings Co., Ltd. (TSE:3198) announces a share repurchase program. Under the program, the company will repurchase up to 3,300,100 shares (since the number of shares tendered exceeded the number of shares planned to be purchased, and as a result of unit adjustments based on a pro rata basis, the total number of shares to be purchased in the Board of Directors' resolution is one unit (100 shares) added to the number of shares planned to be purchased), representing 12.8% of its share capital, for ¥6,534.2 million at a price of ¥1,980 per share. The company will repurchase its shares in order to improve equity efficiency and return profits to shareholders. The share repurchase program will run until August 21, 2023. As of July 20, 2023, the company had 25,788,304 shares outstanding (excluding treasury shares) and 385 shares in treasury. Reported Earnings • Jul 17
First quarter 2024 earnings released: EPS: JP¥18.96 (vs JP¥43.51 in 1Q 2023) First quarter 2024 results: EPS: JP¥18.96 (down from JP¥43.51 in 1Q 2023). Revenue: JP¥7.16b (up 55% from 1Q 2023). Net income: JP¥489.0m (down 56% from 1Q 2023). Profit margin: 6.8% (down from 24% in 1Q 2023). Revenue is forecast to grow 10% 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 79% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 30
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥21.29 (down from JP¥67.67 in FY 2022). Revenue: JP¥22.9b (up 120% from FY 2022). Net income: JP¥549.0m (down 69% from FY 2022). Profit margin: 2.4% (down from 17% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 30
Price target increased by 35% to JP¥2,300 Up from JP¥1,700, the current price target is provided by 1 analyst. New target price is 12% above last closing price of JP¥2,054. Stock is up 46% over the past year. The company is forecast to post earnings per share of JP¥40.30 for next year compared to JP¥21.29 last year. Reported Earnings • Apr 16
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥21.29 (down from JP¥67.67 in FY 2022). Revenue: JP¥22.9b (up 120% from FY 2022). Net income: JP¥549.0m (down 69% from FY 2022). Profit margin: 2.4% (down from 17% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 12% 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 54% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥10.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 29 May 2023. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%). Announcement • Jan 31
SFP Holdings Co., Ltd. to Report Fiscal Year 2023 Results on Apr 14, 2023 SFP Holdings Co., Ltd. announced that they will report fiscal year 2023 results on Apr 14, 2023 Major Estimate Revision • Jan 20
Consensus EPS estimates fall by 46% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥24.5b to JP¥22.9b. EPS estimate also fell from JP¥73.70 per share to JP¥39.60 per share. Net income forecast to grow 33% next year vs 8.0% growth forecast for Hospitality industry in Japan. Consensus price target down from JP¥1,700 to JP¥1,600. Share price was steady at JP¥1,736 over the past week. Reported Earnings • Jan 14
Third quarter 2023 earnings released: JP¥1.36 loss per share (vs JP¥50.06 profit in 3Q 2022) Third quarter 2023 results: JP¥1.36 loss per share (down from JP¥50.06 profit in 3Q 2022). Revenue: JP¥6.02b (up 92% from 3Q 2022). Net loss: JP¥35.0m (down 103% from profit in 3Q 2022). Revenue is forecast to grow 14% 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 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target increased to JP¥1,700 Up from JP¥1,500, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥1,637. Stock is up 10% over the past year. The company is forecast to post earnings per share of JP¥73.70 for next year compared to JP¥67.67 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. 5 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Chairman of the Audit & Supervisory Board and External Director Kazuhiro Ando 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 • Oct 30
SFP Holdings Co., Ltd. to Report Q3, 2023 Results on Jan 13, 2023 SFP Holdings Co., Ltd. announced that they will report Q3, 2023 results on Jan 13, 2023 Buying Opportunity • Oct 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.0%. The fair value is estimated to be JP¥2,041, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings is also forecast to grow by 2.8% per annum over the same time period. Reported Earnings • Oct 17
Second quarter 2023 earnings released: JP¥12.45 loss per share (vs JP¥40.33 profit in 2Q 2022) Second quarter 2023 results: JP¥12.45 loss per share (down from JP¥40.33 profit in 2Q 2022). Revenue: JP¥5.50b (up 402% from 2Q 2022). Net loss: JP¥321.0m (down 131% from profit in 2Q 2022). Revenue is forecast to grow 19% 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 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Aug 03
SFP Holdings Co., Ltd. to Report Q2, 2023 Results on Oct 14, 2022 SFP Holdings Co., Ltd. announced that they will report Q2, 2023 results on Oct 14, 2022 Reported Earnings • Jul 17
First quarter 2023 earnings released: EPS: JP¥43.51 (vs JP¥5.70 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥43.51 (up from JP¥5.70 loss in 1Q 2022). Revenue: JP¥4.63b (up 108% from 1Q 2022). Net income: JP¥1.12b (up JP¥1.27b from 1Q 2022). Profit margin: 24% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 99%, compared to a 47% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 25% 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. Reported Earnings • Jun 01
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥67.67 (up from JP¥219 loss in FY 2021). Revenue: JP¥10.4b (down 40% from FY 2021). Net income: JP¥1.75b (up JP¥7.40b from FY 2021). Profit margin: 17% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 135%, compared to a 51% 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 57 percentage points per year, which is a significant difference in performance. Announcement • May 02
SFP Holdings Co., Ltd. to Report Q1, 2023 Results on Jul 14, 2022 SFP Holdings Co., Ltd. announced that they will report Q1, 2023 results on Jul 14, 2022 Price Target Changed • Apr 27
Price target decreased to JP¥1,500 Down from JP¥1,800, the current price target is provided by 1 analyst. New target price is 6.2% above last closing price of JP¥1,412. Stock is up 8.8% over the past year. The company is forecast to post earnings per share of JP¥69.80 for next year compared to JP¥67.67 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. 4 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Chairman of the Audit & Supervisory Board and External Director Kazuhiro Ando 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 16
SFP Holdings Co., Ltd., Annual General Meeting, May 26, 2022 SFP Holdings Co., Ltd., Annual General Meeting, May 26, 2022. Reported Earnings • Apr 15
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: JP¥67.67 (up from JP¥219 loss in FY 2021). Revenue: JP¥10.4b (down 40% from FY 2021). Net income: JP¥1.75b (up JP¥7.40b from FY 2021). Profit margin: 17% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) missed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 154%, 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 54 percentage points per year, which is a significant difference in performance. Announcement • Feb 02
SFP Holdings Co., Ltd. to Report Fiscal Year 2022 Results on Apr 14, 2022 SFP Holdings Co., Ltd. announced that they will report fiscal year 2022 results on Apr 14, 2022 Reported Earnings • Jan 16
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥50.06 (up from JP¥47.02 loss in 3Q 2021). Revenue: JP¥3.14b (down 48% from 3Q 2021). Net income: JP¥1.29b (up JP¥2.50b from 3Q 2021). Profit margin: 41% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 35%. Earnings per share (EPS) exceeded analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the next year, revenue is forecast to grow 141%, 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 86 percentage points per year, which is a significant difference in performance. Price Target Changed • Oct 18
Price target increased to JP¥2,000 Up from JP¥1,800, the current price target is provided by 1 analyst. New target price is 29% above last closing price of JP¥1,555. Stock is up 15% over the past year. Reported Earnings • Oct 15
Second quarter 2022 earnings released: EPS JP¥40.33 (vs JP¥32.16 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¥1.10b (down 77% from 2Q 2021). Net income: JP¥1.04b (up JP¥1.87b from 2Q 2021). Profit margin: 95% (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 100 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 16
First quarter 2022 earnings released: JP¥5.70 loss per share (vs JP¥56.84 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¥2.23b (down 27% from 1Q 2021). Net loss: JP¥147.0m (loss narrowed 90% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 16
Full year 2021 earnings released: JP¥219 loss per share (vs JP¥56.73 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¥17.4b (down 57% from FY 2020). Net loss: JP¥5.65b (down 487% 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. Is New 90 Day High Low • Feb 03
New 90-day high: JP¥1,427 The company is up 11% from its price of JP¥1,290 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 8.0% over the same period. Announcement • Feb 03
SFP Holdings Co., Ltd. to Report Fiscal Year 2021 Results on Apr 14, 2021 SFP Holdings Co., Ltd. announced that they will report fiscal year 2021 results on Apr 14, 2021 Announcement • Jan 29
SFP Holdings Co., Ltd. Revises Earnings Guidance for the Full Year Ending February 28, 2021 SFP Holdings Co., Ltd. revised earnings guidance for the full year ending February 28, 2021. For the year, the company expects to report revenues of JPY 18,500 million, operating loss of JPY 4,300 million and net loss attributable to owners of the parent of JPY 3,800 million or JPY 147.42 per basic share compared to previous guidance of revenues of JPY 25,000 million, operating loss of JPY 2,500 million and net loss attributable to owners of the parent of JPY 1,300 million or JPY 50.48 per basic share for the same period. Analyst Estimate Surprise Post Earnings • Jan 19
Revenue and earnings miss expectations Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 18%, compared to a 12% growth forecast for the Hospitality industry in Japan. Analyst Estimate Surprise Post Earnings • Jan 16
Revenue and earnings miss expectations Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 18%, compared to a 12% growth forecast for the Hospitality industry in Japan. Reported Earnings • Jan 15
Third quarter 2021 earnings released: JP¥47.02 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¥5.98b (down 38% from 3Q 2020). Net loss: JP¥1.21b (down JP¥1.45b from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 05
New 90-day low: JP¥1,216 The company is down 13% from its price of JP¥1,404 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 17
New 90-day low: JP¥1,261 The company is down 13% from its price of JP¥1,447 on 18 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 9.0% over the same period. Price Target Changed • Dec 01
Price target lowered to JP¥1,700 Down from JP¥2,100, the current price target is provided by 1 analyst. The new target price is 33% above the current share price of JP¥1,276. As of last close, the stock is down 42% over the past year. Announcement • Aug 29
SFP Holdings Co., Ltd. to Report Q2, 2021 Results on Oct 14, 2020 SFP Holdings Co., Ltd. announced that they will report Q2, 2021 results on Oct 14, 2020 
