Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: JP¥12.75 (vs JP¥20.97 in 2Q 2025) Second quarter 2026 results: EPS: JP¥12.75 (down from JP¥20.97 in 2Q 2025). Revenue: JP¥4.97b (down 2.8% from 2Q 2025). Net income: JP¥231.2m (down 39% from 2Q 2025). Profit margin: 4.7% (down from 7.4% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Sep 25
TAC Co.,Ltd. to Report Q2, 2026 Results on Nov 06, 2025 TAC Co.,Ltd. announced that they will report Q2, 2026 results on Nov 06, 2025 Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥17.43 (vs JP¥10.85 in 1Q 2025) First quarter 2026 results: EPS: JP¥17.43 (up from JP¥10.85 in 1Q 2025). Revenue: JP¥5.38b (up 7.2% from 1Q 2025). Net income: JP¥316.0m (up 61% from 1Q 2025). Profit margin: 5.9% (up from 3.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. New Risk • Aug 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥5.78b market cap, or US$39.3m). Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to JP¥319, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 63% over the past three years. Announcement • Aug 07
Tomoki Saito proposed to acquire an additional 63.63% stake in TAC Co.,Ltd. (TSE:4319) for ¥4.0 billion. Tomoki Saito proposed to acquire an additional 63.63% stake in TAC Co.,Ltd. (TSE:4319) for ¥4.0 billion on August 6, 2025. A cash consideration of ¥4.04 billion valued at ¥350 per share will be paid by the buyer. As part of consideration, ¥4.04 billion is paid towards common equity of TAC Co.,Ltd. The transaction will be financed through senior debt of ¥6.5 billion. The transaction is subject to approval of merger agreement by target board and minimum tender. The Board of Directors of TAC Co.,Ltd. formed a special committee for the transaction. The deal has been approved by the board. The expected completion of the transaction is September 19, 2025. If Tomoki Saito is unable to acquire the shares in the offer, then Tomoki Saito will request TAC Co.,Ltd. to carry out the share consolidation after the tender offer is completed and implement the squeeze-out procedures. The squeeze-out procedures are expected to be completed around late December 2025.
TMI Associates acted as legal advisor for TAC Co.,Ltd. AGS Consulting Co., Ltd. acted as financial advisor for TAC Co.,Ltd. Tomoki Saito appointed Clifix FAS Co., Ltd. and Clifix certified public tax accountant corporation to perform financial and tax due diligence. Daiwa Securities Co., Ltd. acted as a financial advisor while City Yuwa Law acted as a legal advisor to Tomoki Saito. Daiwa Securities Co., Ltd. also acted as a tender offer agent. Declared Dividend • Jul 09
Final dividend of JP¥3.00 announced Shareholders will receive a dividend of JP¥3.00. Ex-date: 29th September 2025 Payment date: 3rd December 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥25.75 (up from JP¥12.08 loss in FY 2024). Revenue: JP¥19.2b (up 1.0% from FY 2024). Net income: JP¥467.0m (up JP¥686.0m from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jun 26
TAC Co.,Ltd. to Report Q1, 2026 Results on Aug 06, 2025 TAC Co.,Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • May 21
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥25.75 (up from JP¥12.08 loss in FY 2024). Revenue: JP¥19.2b (up 1.0% from FY 2024). Net income: JP¥467.0m (up JP¥686.0m from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • May 15
TAC Co.,Ltd., Annual General Meeting, Jun 25, 2025 TAC Co.,Ltd., 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¥171, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 15x in the Consumer Services industry in Japan. Total loss to shareholders of 14% over the past three years. Announcement • Mar 26
TAC Co.,Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 TAC Co.,Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥2.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Reported Earnings • Feb 08
Third quarter 2025 earnings released: JP¥15.94 loss per share (vs JP¥22.56 loss in 3Q 2024) Third quarter 2025 results: JP¥15.94 loss per share (improved from JP¥22.56 loss in 3Q 2024). Revenue: JP¥4.30b (up 1.3% from 3Q 2024). Net loss: JP¥289.0m (loss narrowed 29% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% 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 • Jan 03
TAC Co.,Ltd. to Report Q3, 2025 Results on Feb 06, 2025 TAC Co.,Ltd. announced that they will report Q3, 2025 results on Feb 06, 2025 Declared Dividend • Dec 04
First half dividend of JP¥2.00 announced Shareholders will receive a dividend of JP¥2.00. Ex-date: 28th March 2025 Payment date: 27th June 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 46% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥20.97 (vs JP¥4.96 in 2Q 2024) Second quarter 2025 results: EPS: JP¥20.97 (up from JP¥4.96 in 2Q 2024). Revenue: JP¥5.11b (up 3.9% from 2Q 2024). Net income: JP¥380.3m (up 323% from 2Q 2024). Profit margin: 7.4% (up from 1.8% in 2Q 2024). The increase in margin was primarily driven by higher revenue. 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. New Risk • Nov 06
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 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (JP¥3.64b market cap, or US$24.1m). Announcement • Sep 25
TAC Co.,Ltd. to Report Q2, 2025 Results on Nov 06, 2024 TAC Co.,Ltd. announced that they will report Q2, 2025 results on Nov 06, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥2.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%). Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: JP¥10.81 (vs JP¥4.58 in 1Q 2024) First quarter 2025 results: EPS: JP¥10.81 (up from JP¥4.58 in 1Q 2024). Revenue: JP¥5.02b (down 3.5% from 1Q 2024). Net income: JP¥196.0m (up 136% from 1Q 2024). Profit margin: 3.9% (up from 1.6% in 1Q 2024). The increase in margin was driven by lower expenses. 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. Declared Dividend • Jul 11
Final dividend of JP¥2.00 announced Shareholders will receive a dividend of JP¥2.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Jun 26
TAC Co.,Ltd. to Report Q1, 2025 Results on Aug 06, 2024 TAC Co.,Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024 Reported Earnings • May 21
Full year 2024 earnings released: JP¥12.08 loss per share (vs JP¥11.65 profit in FY 2023) Full year 2024 results: JP¥12.08 loss per share (down from JP¥11.65 profit in FY 2023). Revenue: JP¥19.0b (down 3.6% from FY 2023). Net loss: JP¥219.0m (down 202% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • May 17
TAC Co.,Ltd., Annual General Meeting, Jun 26, 2024 TAC Co.,Ltd., Annual General Meeting, Jun 26, 2024. Announcement • Mar 23
TAC Co.,Ltd. to Report Fiscal Year 2024 Results on May 15, 2024 TAC Co.,Ltd. announced that they will report fiscal year 2024 results on May 15, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%). Reported Earnings • Feb 08
Third quarter 2024 earnings released: JP¥22.56 loss per share (vs JP¥22.38 loss in 3Q 2023) Third quarter 2024 results: JP¥22.56 loss per share. Revenue: JP¥4.24b (up 1.4% from 3Q 2023). Net loss: JP¥409.0m (flat on 3Q 2023). Announcement • Dec 24
TAC Co.,Ltd. to Report Q3, 2024 Results on Feb 06, 2024 TAC Co.,Ltd. announced that they will report Q3, 2024 results on Feb 06, 2024 Reported Earnings • Nov 07
Second quarter 2024 earnings released: EPS: JP¥4.96 (vs JP¥14.21 in 2Q 2023) Second quarter 2024 results: EPS: JP¥4.96 (down from JP¥14.21 in 2Q 2023). Revenue: JP¥4.92b (down 5.2% from 2Q 2023). Net income: JP¥90.0m (down 66% from 2Q 2023). Profit margin: 1.8% (down from 5.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Sep 27
TAC Co.,Ltd. to Report Q2, 2024 Results on Nov 06, 2023 TAC Co.,Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥3.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.6%). New Risk • Aug 06
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: 3.0% 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 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 6.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥3.64b market cap, or US$25.7m). Reported Earnings • Aug 06
First quarter 2024 earnings released: EPS: JP¥4.59 (vs JP¥18.97 in 1Q 2023) First quarter 2024 results: EPS: JP¥4.59 (down from JP¥18.97 in 1Q 2023). Revenue: JP¥5.21b (down 6.6% from 1Q 2023). Net income: JP¥83.3m (down 76% from 1Q 2023). Profit margin: 1.6% (down from 6.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jun 26
TAC Co.,Ltd. to Report Q1, 2024 Results on Aug 04, 2023 TAC Co.,Ltd. announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥11.65 (vs JP¥24.00 in FY 2022) Full year 2023 results: EPS: JP¥11.65 (down from JP¥24.00 in FY 2022). Revenue: JP¥19.7b (down 3.7% from FY 2022). Net income: JP¥214.0m (down 52% from FY 2022). Profit margin: 1.1% (down from 2.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.5%). Reported Earnings • Feb 08
Third quarter 2023 earnings released: JP¥22.38 loss per share (vs JP¥17.24 loss in 3Q 2022) Third quarter 2023 results: JP¥22.38 loss per share (further deteriorated from JP¥17.24 loss in 3Q 2022). Revenue: JP¥4.19b (down 5.8% from 3Q 2022). Net loss: JP¥410.0m (loss widened 28% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Dec 24
TAC Co.,Ltd. to Report Q3, 2023 Results on Feb 06, 2023 TAC Co.,Ltd. announced that they will report Q3, 2023 results on Feb 06, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: JP¥14.21 (vs JP¥18.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.21 (down from JP¥18.54 in 2Q 2022). Revenue: JP¥5.19b (down 4.3% from 2Q 2022). Net income: JP¥263.0m (down 23% from 2Q 2022). Profit margin: 5.1% (down from 6.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Nov 16
TAC Co.,Ltd. (TSE:4319) announces an Equity Buyback for 400,000 shares, representing 2.16% for ¥81.2 million. TAC Co.,Ltd. (TSE:4319) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.16% of its share capital, for ¥81.2 million. The shares will be repurchased at a price of ¥203 per share. The purpose of the program is to enable the execution of a flexible capital policy in response to changes in the business environment. The program will expire on November 16, 2022. As of September 30, 2022, the company had 18,503,932 shares in issue (excluding treasury stock) and 68 shares in treasury. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: JP¥14.21 (vs JP¥18.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.21 (down from JP¥18.54 in 2Q 2022). Revenue: JP¥5.19b (down 4.3% from 2Q 2022). Net income: JP¥263.0m (down 23% from 2Q 2022). Profit margin: 5.1% (down from 6.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Sep 24
TAC Co.,Ltd. to Report Q2, 2023 Results on Nov 07, 2022 TAC Co.,Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥18.97 (vs JP¥23.35 in 1Q 2022) First quarter 2023 results: EPS: JP¥18.97 (down from JP¥23.35 in 1Q 2022). Revenue: JP¥5.58b (down 2.8% from 1Q 2022). Net income: JP¥351.0m (down 19% from 1Q 2022). Profit margin: 6.3% (down from 7.5% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥24.00 (vs JP¥21.89 in FY 2021) Full year 2022 results: EPS: JP¥24.00 (up from JP¥21.89 in FY 2021). Revenue: JP¥20.5b (up 3.7% from FY 2021). Net income: JP¥444.0m (up 9.6% from FY 2021). Profit margin: 2.2% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 22% 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 08
TAC Co.,Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 TAC Co.,Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.2%). Announcement • Feb 08
TAC Co.,Ltd. Provides Earning Guidance for the Year Ending March 31, 2022 TAC Co.,Ltd. provided earning guidance for the year ending March 31, 2022. For the period, the company expects net sales of JPY 20,500 million, operating profit of JPY 600 million, ordinary profit of JPY 578 million, profit attributable to owners of parent JPY 380 million and profit per share JPY 20.54. Reported Earnings • Feb 08
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥17.24 loss per share (down from JP¥13.84 loss in 3Q 2021). Revenue: JP¥4.44b (down 2.4% from 3Q 2021). Net loss: JP¥319.0m (loss widened 25% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS JP¥18.54 (vs JP¥20.70 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥5.42b (up 7.6% from 2Q 2021). Net income: JP¥343.0m (down 10% from 2Q 2021). Profit margin: 6.3% (down from 7.6% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 03 December 2021. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS JP¥23.35 (vs JP¥18.92 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥5.74b (up 12% from 1Q 2021). Net income: JP¥432.0m (up 23% from 1Q 2021). Profit margin: 7.5% (up from 6.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • May 18
Full year 2021 earnings released: EPS JP¥21.89 (vs JP¥5.57 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥19.7b (down 2.9% from FY 2020). Net income: JP¥405.0m (up 293% from FY 2020). Profit margin: 2.1% (up from 0.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥3.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 26 June 2021. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.9%). Is New 90 Day High Low • Feb 22
New 90-day high: JP¥276 The company is up 27% from its price of JP¥218 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is flat over the same period. Reported Earnings • Feb 08
Third quarter 2021 earnings released: JP¥13.84 loss per share (vs JP¥25.99 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥4.55b (up 2.9% from 3Q 2020). Net loss: JP¥256.2m (loss narrowed 47% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 25
New 90-day high: JP¥267 The company is up 19% from its price of JP¥225 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is down 6.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: JP¥263 The company is up 17% from its price of JP¥225 on 30 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is down 13% over the same period. Announcement • Dec 26
TAC Co.,Ltd. to Report Q3, 2021 Results on Feb 05, 2021 TAC Co.,Ltd. announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 10
New 90-day high: JP¥238 The company is up 3.0% from its price of JP¥231 on 11 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 5.0% over the same period. Announcement • Oct 01
TAC Co.,Ltd. to Report Q2, 2021 Results on Nov 05, 2020 TAC Co.,Ltd. announced that they will report Q2, 2021 results on Nov 05, 2020