New Risk • May 31
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 4.4% per year over the past 5 years. Reported Earnings • May 13
Full year 2026 earnings released: JP¥61.37 loss per share (vs JP¥57.51 profit in FY 2025) Full year 2026 results: JP¥61.37 loss per share (down from JP¥57.51 profit in FY 2025). Revenue: JP¥15.1b (down 18% from FY 2025). Net loss: JP¥1.18b (down 207% from profit in FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Announcement • May 12
Wealth Management, Inc., Annual General Meeting, Jun 24, 2026 Wealth Management, Inc., Annual General Meeting, Jun 24, 2026. Announcement • May 09
Wealth Management, Inc. to Report Fiscal Year 2026 Results on May 12, 2026 Wealth Management, Inc. announced that they will report fiscal year 2026 results on May 12, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥1.51 (vs JP¥32.90 loss in 3Q 2025) Third quarter 2026 results: EPS: JP¥1.51 (up from JP¥32.90 loss in 3Q 2025). Revenue: JP¥4.09b (up 36% from 3Q 2025). Net income: JP¥29.0m (up JP¥660.0m from 3Q 2025). Profit margin: 0.7% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Dec 27
Wealth Management, Inc. to Report Q3, 2026 Results on Feb 10, 2026 Wealth Management, Inc. announced that they will report Q3, 2026 results on Feb 10, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: JP¥43.28 loss per share (vs JP¥28.42 profit in 2Q 2025) Second quarter 2026 results: JP¥43.28 loss per share (down from JP¥28.42 profit in 2Q 2025). Revenue: JP¥2.41b (down 38% from 2Q 2025). Net loss: JP¥830.0m (down 252% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% 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. Announcement • Sep 02
Wealth Management, Inc. to Report Q2, 2026 Results on Nov 10, 2025 Wealth Management, Inc. announced that they will report Q2, 2026 results on Nov 10, 2025 New Risk • Aug 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥9.65b (US$65.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (JP¥9.65b market cap, or US$65.5m). Reported Earnings • Aug 11
First quarter 2026 earnings released: JP¥29.93 loss per share (vs JP¥54.01 loss in 1Q 2025) First quarter 2026 results: JP¥29.93 loss per share (improved from JP¥54.01 loss in 1Q 2025). Revenue: JP¥3.57b (up 88% from 1Q 2025). Net loss: JP¥574.0m (loss narrowed 44% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jul 02
Wealth Management, Inc. to Report Q1, 2026 Results on Aug 08, 2025 Wealth Management, Inc. announced that they will report Q1, 2026 results on Aug 08, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥57.51 (vs JP¥96.85 in FY 2024) Full year 2025 results: EPS: JP¥57.51 (down from JP¥96.85 in FY 2024). Revenue: JP¥18.3b (down 36% from FY 2024). Net income: JP¥1.10b (down 40% from FY 2024). Profit margin: 6.0% (down from 6.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • May 13
Wealth Management, Inc., Annual General Meeting, Jun 25, 2025 Wealth Management, Inc., Annual General Meeting, Jun 25, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥851, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total loss to shareholders of 19% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Announcement • Mar 13
Wealth Management, Inc. to Report Fiscal Year 2025 Results on May 13, 2025 Wealth Management, Inc. announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 12
Third quarter 2025 earnings released: JP¥32.90 loss per share (vs JP¥16.29 loss in 3Q 2024) Third quarter 2025 results: JP¥32.90 loss per share (further deteriorated from JP¥16.29 loss in 3Q 2024). Revenue: JP¥3.00b (up 50% from 3Q 2024). Net loss: JP¥631.0m (loss widened 103% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. 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 • Dec 03
Wealth Management, Inc. to Report Q3, 2025 Results on Feb 10, 2025 Wealth Management, Inc. announced that they will report Q3, 2025 results on Feb 10, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥28.42 (vs JP¥25.11 loss in 2Q 2024) Second quarter 2025 results: EPS: JP¥28.42 (up from JP¥25.11 loss in 2Q 2024). Revenue: JP¥3.87b (up 152% from 2Q 2024). Net income: JP¥545.0m (up JP¥1.02b from 2Q 2024). Profit margin: 14% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Sep 03
Wealth Management, Inc. to Report Q2, 2025 Results on Nov 11, 2024 Wealth Management, Inc. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 19
First quarter 2025 earnings released: JP¥54.01 loss per share (vs JP¥24.08 loss in 1Q 2024) First quarter 2025 results: JP¥54.01 loss per share (further deteriorated from JP¥24.08 loss in 1Q 2024). Revenue: JP¥1.90b (up 20% from 1Q 2024). Net loss: JP¥1.03b (loss widened 132% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.0b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (6.4% net profit margin). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Market cap is less than US$100m (JP¥14.0b market cap, or US$98.2m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to JP¥729, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total loss to shareholders of 20% over the past three years. Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to JP¥729. The fair value is estimated to be JP¥930, 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. New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% 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 (72% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (6.4% net profit margin). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Buy Or Sell Opportunity • Jul 01
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.6% to JP¥1,072. The fair value is estimated to be JP¥897, however this is not to be taken as a sell 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. Announcement • Jun 20
Wealth Management, Inc. to Report Q1, 2025 Results on Aug 14, 2024 Wealth Management, Inc. announced that they will report Q1, 2025 results on Aug 14, 2024 Buy Or Sell Opportunity • Jun 20
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.4% to JP¥1,092. The fair value is estimated to be JP¥907, however this is not to be taken as a sell 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. Buy Or Sell Opportunity • Jun 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to JP¥1,073. The fair value is estimated to be JP¥890, however this is not to be taken as a sell 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. Reported Earnings • May 12
Full year 2024 earnings released: EPS: JP¥96.85 (vs JP¥214 in FY 2023) Full year 2024 results: EPS: JP¥96.85 (down from JP¥214 in FY 2023). Revenue: JP¥28.6b (up 93% from FY 2023). Net income: JP¥1.82b (down 51% from FY 2023). Profit margin: 6.4% (down from 25% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Wealth Management, Inc., Annual General Meeting, Jun 25, 2024 Wealth Management, Inc., Annual General Meeting, Jun 25, 2024. Announcement • Mar 29
Wealth Management, Inc. to Report Fiscal Year 2024 Results on May 10, 2024 Wealth Management, Inc. announced that they will report fiscal year 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥17.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%). Reported Earnings • Feb 10
Third quarter 2024 earnings released: JP¥16.29 loss per share (vs JP¥3.22 profit in 3Q 2023) Third quarter 2024 results: JP¥16.29 loss per share (down from JP¥3.22 profit in 3Q 2023). Revenue: JP¥2.00b (up 66% from 3Q 2023). Net loss: JP¥310.0m (down 377% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Feb 01
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 5.5% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (20% accrual ratio). High level of non-cash earnings (20% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.5% average weekly change). Shareholders have been diluted in the past year (6.8% increase in shares outstanding). Shareholders have been diluted in the past year (6.8% increase in shares outstanding). Announcement • Dec 23
Wealth Management, Inc. to Report Q3, 2024 Results on Feb 09, 2024 Wealth Management, Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 New Risk • Nov 28
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 5.5% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Shareholders have been diluted in the past year (8.3% increase in shares outstanding). Reported Earnings • Nov 12
Second quarter 2024 earnings released: JP¥25.11 loss per share (vs JP¥4,479 profit in 2Q 2023) Second quarter 2024 results: JP¥25.11 loss per share (down from JP¥4,479 profit in 2Q 2023). Revenue: JP¥1.53b (up 157% from 2Q 2023). Net loss: JP¥472.0m (down 314% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Sep 08
Wealth Management, Inc. to Report Q2, 2024 Results on Nov 10, 2023 Wealth Management, Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥24.08 loss per share (vs JP¥29.74 loss in 1Q 2023) First quarter 2024 results: JP¥24.08 loss per share (improved from JP¥29.74 loss in 1Q 2023). Revenue: JP¥1.59b (up 176% from 1Q 2023). Net loss: JP¥444.0m (loss narrowed 13% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Wealth Management, Inc. to Report Q1, 2024 Results on Aug 10, 2023 Wealth Management, Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • May 13
Wealth Management, Inc., Annual General Meeting, Jun 27, 2023 Wealth Management, Inc., Annual General Meeting, Jun 27, 2023. Reported Earnings • May 13
Full year 2023 earnings released: EPS: JP¥214 (vs JP¥206 in FY 2022) Full year 2023 results: EPS: JP¥214 (up from JP¥206 in FY 2022). Revenue: JP¥14.8b (down 49% from FY 2022). Net income: JP¥3.73b (up 6.3% from FY 2022). Profit margin: 25% (up from 12% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,473, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 25x in the Hospitality industry in Japan. Total returns to shareholders of 292% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥3.22 (vs JP¥30.38 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥3.22 (up from JP¥30.38 loss in 3Q 2022). Revenue: JP¥1.21b (up 94% from 3Q 2022). Net income: JP¥112.0m (up JP¥630.0m from 3Q 2022). Profit margin: 9.3% (up from net loss in 3Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Jan 06
Wealth Management, Inc. to Report Q3, 2023 Results on Feb 10, 2023 Wealth Management, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Outside Director Tsuneo Yamada was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: JP¥4,479 (vs JP¥181 in 2Q 2022) Second quarter 2023 results: EPS: JP¥4,479. Revenue: JP¥597.0m (down 96% from 2Q 2022). Net income: JP¥221.0m (down 93% from 2Q 2022). Profit margin: 37% (up from 21% in 2Q 2022). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,283, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 24x in the Hospitality industry in Japan. Total returns to shareholders of 16% over the past three years. Announcement • Sep 29
Wealth Management, Inc. to Report Q2, 2023 Results on Nov 09, 2022 Wealth Management, Inc. announced that they will report Q2, 2023 results on Nov 09, 2022 Announcement • Sep 02
Wealth Management, Inc. announced that it has received ¥3.030156 billion in funding On September 1, 2022, Wealth Management, Inc. closed the transaction. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 20% share price gain to JP¥2,966, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 22x in the Hospitality industry in Japan. Total returns to shareholders of 25% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: JP¥59.48 loss per share (vs JP¥55.01 loss in 1Q 2022) First quarter 2023 results: JP¥59.48 loss per share (down from JP¥55.01 loss in 1Q 2022). Revenue: JP¥576.0m (down 54% from 1Q 2022). Net loss: JP¥508.0m (loss widened 8.3% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment deteriorated over the past week After last week's 27% share price decline to JP¥2,466, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 26x in the Hospitality industry in Japan. Total returns to shareholders of 12% over the past three years. Announcement • Jul 02
Wealth Management, Inc. to Report Q1, 2023 Results on Aug 10, 2022 Wealth Management, Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improved over the past week After last week's 23% share price gain to JP¥3,605, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 28x in the Hospitality industry in Japan. Total returns to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥2,951, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 28x in the Hospitality industry in Japan. Total returns to shareholders of 43% over the past three years. Reported Earnings • May 13
Full year 2022 earnings released: EPS: JP¥412 (vs JP¥125 loss in FY 2021) Full year 2022 results: EPS: JP¥412 (up from JP¥125 loss in FY 2021). Revenue: JP¥29.0b (up 447% from FY 2021). Net income: JP¥3.51b (up JP¥4.57b from FY 2021). Profit margin: 12% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 13
Wealth Management, Inc., Annual General Meeting, Jun 27, 2022 Wealth Management, Inc., Annual General Meeting, Jun 27, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Outside Director Tsuneo Yamada was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Wealth Management, Inc. to Report Fiscal Year 2022 Results on May 11, 2022 Wealth Management, Inc. announced that they will report fiscal year 2022 results on May 11, 2022 Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥60.76 loss per share (down from JP¥57.82 loss in 3Q 2021). Revenue: JP¥622.0m (up 109% from 3Q 2021). Net loss: JP¥518.0m (loss widened 5.1% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 68% per year, which means it is well ahead of earnings. Announcement • Feb 03
Wealth Management, Inc. to Report Q3, 2022 Results on Feb 09, 2022 Wealth Management, Inc. announced that they will report Q3, 2022 results on Feb 09, 2022 Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥2,709, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 31x in the Hospitality industry in Japan. Total returns to shareholders of 338% over the past three years. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥362 (vs JP¥65.56 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥14.6b (up 265% from 2Q 2021). Net income: JP¥3.09b (up 452% from 2Q 2021). Profit margin: 21% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings. Reported Earnings • Jun 29
Full year 2021 earnings released: JP¥125 loss per share (vs JP¥292 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¥5.31b (down 60% from FY 2020). Net loss: JP¥1.06b (down 144% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings. Reported Earnings • May 14
Full year 2021 earnings released: JP¥125 loss per share (vs JP¥292 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¥5.31b (down 60% from FY 2020). Net loss: JP¥1.06b (down 144% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Reported Earnings • Feb 11
Third quarter 2021 earnings released: JP¥57.82 loss per share (vs JP¥84.44 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥297.0m (down 89% from 3Q 2020). Net loss: JP¥493.0m (down 170% from profit in 3Q 2020). 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 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 25
Wealth Management, Inc. to Report Q3, 2021 Results on Feb 09, 2021 Wealth Management, Inc. announced that they will report Q3, 2021 results on Feb 09, 2021 Is New 90 Day High Low • Dec 25
New 90-day low: JP¥1,296 The company is down 28% from its price of JP¥1,803 on 25 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 5.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥1,457 The company is down 5.0% from its price of JP¥1,536 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 • Sep 25
Wealth Management, Inc. to Report Q2, 2021 Results on Nov 10, 2020 Wealth Management, Inc. announced that they will report Q2, 2021 results on Nov 10, 2020 Announcement • Jun 28
Wealth Management, Inc. to Report Q1, 2021 Results on Aug 07, 2020 Wealth Management, Inc. announced that they will report Q1, 2021 results on Aug 07, 2020