Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥24.01 (vs JP¥10.39 in FY 2025) Full year 2026 results: EPS: JP¥24.01 (up from JP¥10.39 in FY 2025). Revenue: JP¥5.16b (up 23% from FY 2025). Net income: JP¥215.0m (up 131% from FY 2025). Profit margin: 4.2% (up from 2.2% in FY 2025). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 14
SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 25, 2026 SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 25, 2026. Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥9.38 (vs JP¥3.02 in 3Q 2025) Third quarter 2026 results: EPS: JP¥9.38 (up from JP¥3.02 in 3Q 2025). Revenue: JP¥1.36b (up 27% from 3Q 2025). Net income: JP¥84.0m (up 211% from 3Q 2025). Profit margin: 6.2% (up from 2.5% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 27
SD ENTERTAINMENT,Inc. to Report Q3, 2026 Results on Feb 12, 2026 SD ENTERTAINMENT,Inc. announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: JP¥4.69 (vs JP¥0.45 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.69 (up from JP¥0.45 loss in 2Q 2025). Revenue: JP¥1.20b (up 22% from 2Q 2025). Net income: JP¥42.0m (up JP¥46.0m from 2Q 2025). Profit margin: 3.5% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Oct 01
SD ENTERTAINMENT,Inc. to Report Q2, 2026 Results on Nov 13, 2025 SD ENTERTAINMENT,Inc. announced that they will report Q2, 2026 results on Nov 13, 2025 Reported Earnings • Aug 16
First quarter 2026 earnings released: JP¥12.06 loss per share (vs JP¥2.01 loss in 1Q 2025) First quarter 2026 results: JP¥12.06 loss per share (further deteriorated from JP¥2.01 loss in 1Q 2025). Revenue: JP¥1.11b (up 22% from 1Q 2025). Net loss: JP¥108.0m (loss widened JP¥90.0m from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 01
SD ENTERTAINMENT,Inc. to Report Q1, 2026 Results on Aug 14, 2025 SD ENTERTAINMENT,Inc. announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥10.39 (vs JP¥13.07 in FY 2024) Full year 2025 results: EPS: JP¥10.39 (down from JP¥13.07 in FY 2024). Revenue: JP¥4.20b (up 13% from FY 2024). Net income: JP¥93.0m (down 21% from FY 2024). Profit margin: 2.2% (down from 3.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
Full year 2025 earnings released: EPS: JP¥10.39 (vs JP¥13.07 in FY 2024) Full year 2025 results: EPS: JP¥10.39 (down from JP¥13.07 in FY 2024). Revenue: JP¥4.20b (up 13% from FY 2024). Net income: JP¥93.0m (down 21% from FY 2024). Profit margin: 2.2% (down from 3.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • May 15
SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 25, 2025 SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 25, 2025. Announcement • Apr 18
SD ENTERTAINMENT,Inc. to Report Fiscal Year 2025 Results on May 15, 2025 SD ENTERTAINMENT,Inc. announced that they will report fiscal year 2025 results on May 15, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥3.02 (vs JP¥0.78 in 3Q 2024) Third quarter 2025 results: EPS: JP¥3.02 (up from JP¥0.78 in 3Q 2024). Revenue: JP¥1.07b (up 17% from 3Q 2024). Net income: JP¥27.0m (up 286% from 3Q 2024). Profit margin: 2.5% (up from 0.8% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jan 17
SD ENTERTAINMENT,Inc. to Report Q3, 2025 Results on Feb 14, 2025 SD ENTERTAINMENT,Inc. announced that they will report Q3, 2025 results on Feb 14, 2025 Buy Or Sell Opportunity • Jan 16
Now 22% undervalued Over the last 90 days, the stock has risen 1.8% to JP¥280. The fair value is estimated to be JP¥357, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Announcement • Oct 30
SD ENTERTAINMENT,Inc. to Report Q2, 2025 Results on Nov 14, 2024 SD ENTERTAINMENT,Inc. announced that they will report Q2, 2025 results on Nov 14, 2024 Reported Earnings • Aug 19
First quarter 2025 earnings released: JP¥2.01 loss per share (vs JP¥1.90 loss in 1Q 2024) First quarter 2025 results: JP¥2.01 loss per share (further deteriorated from JP¥1.90 loss in 1Q 2024). Revenue: JP¥907.0m (flat on 1Q 2024). Net loss: JP¥18.0m (loss widened 5.9% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jul 11
SD ENTERTAINMENT,Inc. to Report Q1, 2025 Results on Aug 14, 2024 SD ENTERTAINMENT,Inc. announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • May 21
Full year 2024 earnings released: EPS: JP¥13.07 (vs JP¥22.90 loss in FY 2023) Full year 2024 results: EPS: JP¥13.07 (up from JP¥22.90 loss in FY 2023). Revenue: JP¥3.74b (down 1.0% from FY 2023). Net income: JP¥117.0m (up JP¥322.0m from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • May 17
SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 25, 2024 SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 25, 2024. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: JP¥0.78 (vs JP¥2.01 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥0.78 (up from JP¥2.01 loss in 3Q 2023). Revenue: JP¥913.0m (down 5.0% from 3Q 2023). Net income: JP¥7.00m (up JP¥25.0m from 3Q 2023). Profit margin: 0.8% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Jan 09
SD ENTERTAINMENT,Inc. to Report Q3, 2024 Results on Feb 13, 2024 SD ENTERTAINMENT,Inc. announced that they will report Q3, 2024 results on Feb 13, 2024 New Risk • Nov 21
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Market cap is less than US$100m (JP¥2.50b market cap, or US$16.8m). Announcement • Sep 24
SD ENTERTAINMENT,Inc. to Report Q2, 2024 Results on Nov 14, 2023 SD ENTERTAINMENT,Inc. announced that they will report Q2, 2024 results on Nov 14, 2023 Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥1.90 loss per share (vs JP¥9.61 loss in 1Q 2023) First quarter 2024 results: JP¥1.90 loss per share (improved from JP¥9.61 loss in 1Q 2023). Revenue: JP¥907.0m (up 3.9% from 1Q 2023). Net loss: JP¥17.0m (loss narrowed 80% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Aug 09
SD ENTERTAINMENT,Inc. to Report Q1, 2024 Results on Aug 10, 2023 SD ENTERTAINMENT,Inc. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: JP¥22.00 loss per share (vs JP¥7.15 profit in FY 2022) Full year 2023 results: JP¥22.00 loss per share (down from JP¥7.15 profit in FY 2022). Revenue: JP¥3.77b (down 5.3% from FY 2022). Net loss: JP¥197.0m (down 408% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥0.89 loss per share (vs JP¥1.68 loss in 3Q 2022) Third quarter 2023 results: JP¥0.89 loss per share (improved from JP¥1.68 loss in 3Q 2022). Revenue: JP¥961.0m (down 6.2% from 3Q 2022). Net loss: JP¥8.00m (loss narrowed 47% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥334, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 24x in the Hospitality industry in Japan. Total loss to shareholders of 33% over the past three years. Announcement • Dec 09
SD ENTERTAINMENT,Inc. to Report Q3, 2023 Results on Feb 10, 2023 SD ENTERTAINMENT,Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: JP¥14.97 loss per share (vs JP¥9.27 loss in 2Q 2022) Second quarter 2023 results: JP¥14.97 loss per share (further deteriorated from JP¥9.27 loss in 2Q 2022). Revenue: JP¥923.0m (down 6.4% from 2Q 2022). Net loss: JP¥134.0m (loss widened 61% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. 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. 3 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). External Auditor Daisuke Kawamorita was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Second quarter 2023 earnings released: JP¥14.97 loss per share (vs JP¥9.27 loss in 2Q 2022) Second quarter 2023 results: JP¥14.97 loss per share (further deteriorated from JP¥9.27 loss in 2Q 2022). Revenue: JP¥923.0m (down 6.4% from 2Q 2022). Net loss: JP¥134.0m (loss widened 61% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Sep 23
SD ENTERTAINMENT,Inc. to Report Q2, 2023 Results on Nov 10, 2022 SD ENTERTAINMENT,Inc. announced that they will report Q2, 2023 results on Nov 10, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: JP¥8.49 loss per share (vs JP¥22.11 loss in 1Q 2022) First quarter 2023 results: JP¥8.49 loss per share (up from JP¥22.11 loss in 1Q 2022). Revenue: JP¥873.0m (down 4.8% from 1Q 2022). Net loss: JP¥76.0m (loss narrowed 62% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Jun 29
SD ENTERTAINMENT,Inc. to Report Q1, 2023 Results on Aug 10, 2022 SD ENTERTAINMENT,Inc. announced that they will report Q1, 2023 results on Aug 10, 2022 Reported Earnings • May 15
Full year 2022 earnings released: EPS: JP¥7.15 (vs JP¥65.89 loss in FY 2021) Full year 2022 results: EPS: JP¥7.15 (up from JP¥65.89 loss in FY 2021). Revenue: JP¥3.99b (up 8.9% from FY 2021). Net income: JP¥64.0m (up JP¥654.0m from FY 2021). Profit margin: 1.6% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year. Announcement • May 14
SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 22, 2022 SD ENTERTAINMENT,Inc., Annual General Meeting, Jun 22, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. No independent directors (4 non-independent directors). External Auditor Daisuke Kawamorita 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 08
SD ENTERTAINMENT,Inc. to Report Fiscal Year 2022 Results on May 12, 2022 SD ENTERTAINMENT,Inc. announced that they will report fiscal year 2022 results on May 12, 2022 Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: JP¥1.68 loss per share (up from JP¥12.51 loss in 3Q 2021). Revenue: JP¥1.03b (up 8.6% from 3Q 2021). Net loss: JP¥15.0m (loss narrowed 87% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 17
Second quarter 2022 earnings released: JP¥9.27 loss per share (vs JP¥21.33 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥986.0m (up 4.0% from 2Q 2021). Net loss: JP¥83.0m (loss narrowed 56% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 12
First quarter 2022 earnings released: JP¥22.11 loss per share (vs JP¥22.67 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥917.0m (up 14% from 1Q 2021). Net loss: JP¥198.0m (loss narrowed 2.5% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Reported Earnings • May 18
Full year 2021 earnings released: JP¥65.89 loss per share (vs JP¥9.05 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¥3.66b (down 20% from FY 2020). Net loss: JP¥590.0m (down JP¥671.0m 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 50 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 15
New 90-day high: JP¥454 The company is up 16% from its price of JP¥390 on 17 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 6.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: JP¥12.51 loss per share (vs JP¥0.22 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¥944.0m (down 19% from 3Q 2020). Net loss: JP¥112.0m (down JP¥114.0m from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 27
New 90-day high: JP¥442 The company is up 15% from its price of JP¥385 on 29 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 4.0% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: JP¥407 The company is up 1.0% from its price of JP¥403 on 08 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Hospitality industry, which is also up 1.0% over the same period. Announcement • Jan 01
SD ENTERTAINMENT,Inc. to Report Q3, 2021 Results on Feb 10, 2021 SD ENTERTAINMENT,Inc. announced that they will report Q3, 2021 results on Feb 10, 2021 Reported Earnings • Nov 16
Second quarter 2021 earnings released: JP¥21.33 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥948.0m (down 18% from 2Q 2020). Net loss: JP¥191.0m (down JP¥218.0m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 07
New 90-day high: JP¥407 The company is up 8.0% from its price of JP¥377 on 09 July 2020. The Japanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 7.0% over the same period. Announcement • Sep 25
SD ENTERTAINMENT,Inc. to Report Q2, 2021 Results on Nov 12, 2020 SD ENTERTAINMENT,Inc. announced that they will report Q2, 2021 results on Nov 12, 2020 Announcement • Jul 26
SD ENTERTAINMENT,Inc. to Report Q1, 2021 Results on Aug 11, 2020 SD ENTERTAINMENT,Inc. announced that they will report Q1, 2021 results on Aug 11, 2020