Buy Or Sell Opportunity • 20h
Now 21% undervalued Over the last 90 days, the stock has risen 41% to JP¥1,246. The fair value is estimated to be JP¥1,568, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • Jun 30
Round One Corporation to Report Q1, 2027 Results on Aug 10, 2026 Round One Corporation announced that they will report Q1, 2027 results on Aug 10, 2026 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,136, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Hospitality industry in Japan. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,516 per share. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,003, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 77% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,594 per share. Announcement • May 28
Round One Corporation announces Quarterly dividend, payable on September 07, 2026 Round One Corporation announced Quarterly dividend of JPY 4.5000 per share payable on September 07, 2026, ex-date on June 29, 2026 and record date on June 30, 2026. Reported Earnings • May 14
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: JP¥63.30 (up from JP¥57.37 in FY 2025). Revenue: JP¥189.5b (up 7.1% from FY 2025). Net income: JP¥16.6b (up 7.9% from FY 2025). Profit margin: 8.8% (up from 8.7% in FY 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Announcement • May 13
Round One Corporation, Annual General Meeting, Jun 27, 2026 Round One Corporation, Annual General Meeting, Jun 27, 2026. Announcement • May 10
Round One Corporation to Report Fiscal Year 2026 Results on May 13, 2026 Round One Corporation announced that they will report fiscal year 2026 results on May 13, 2026 Live News • May 10
Round One Subsidiary Eyes U S Public Listing With Confidential SEC Filing Round One’s U.S.-focused subsidiary, Round One Entertainment Inc., has confidentially filed a draft registration statement with the SEC for a proposed IPO.
The potential U.S. listing is intended to surface value from Round One’s overseas operations and could provide access to growth capital.
The size, timing and final terms of the offering are not yet set and will depend on SEC review and market conditions.
For you as an investor, the key point is that Round One is exploring a separate listing for its U.S. entertainment business. A U.S. IPO can help clarify how the market values this subsidiary on a stand-alone basis, which may highlight how much of Round One’s overall business is tied to overseas operations. It can also broaden the company’s funding options if the offer proceeds.
At this stage, everything is preliminary. A confidential filing means detailed terms are not public, and there is no certainty the IPO will move ahead as currently envisaged. It is worth watching future company announcements for information on structure, potential ownership dilution, and how any proceeds might be used within the broader Round One group. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). Declared Dividend • Mar 06
Third quarter dividend of JP¥4.50 announced Shareholders will receive a dividend of JP¥4.50. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.8%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 11
Third quarter 2026 earnings: EPS exceeds analyst expectations Third quarter 2026 results: EPS: JP¥9.48. Revenue: JP¥43.7b (up 7.6% from 3Q 2025). Net income: JP¥2.49b (down 1.3% from 3Q 2025). Profit margin: 5.7% (down from 6.2% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Announcement • Feb 11
Round One Corporation announces Quarterly dividend, payable on June 30, 2026 Round One Corporation announced Quarterly dividend of JPY 4.5000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Announcement • Dec 23
Round One Corporation to Report Q3, 2026 Results on Feb 10, 2026 Round One Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 06 March 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). Declared Dividend • Dec 04
Second quarter dividend of JP¥4.50 announced Shareholders will receive a dividend of JP¥4.50. Ex-date: 29th December 2025 Payment date: 6th March 2026 Dividend yield will be 1.6%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Nov 21
Price target decreased by 10.0% to JP¥1,470 Down from JP¥1,633, the current price target is an average from 6 analysts. New target price is 47% above last closing price of JP¥999. Stock is down 0.5% over the past year. The company is forecast to post earnings per share of JP¥67.72 for next year compared to JP¥57.37 last year. Reported Earnings • Nov 08
Second quarter 2026 earnings: EPS misses analyst expectations Second quarter 2026 results: EPS: JP¥20.76. Revenue: JP¥48.5b (up 6.3% from 2Q 2025). Net income: JP¥5.45b (flat on 2Q 2025). Profit margin: 11% (in line with 2Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Japan. Announcement • Nov 08
Round One Corporation announces Quarterly dividend, payable on March 06, 2026 Round One Corporation announced Quarterly dividend of JPY 4.5000 per share payable on March 06, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Buy Or Sell Opportunity • Oct 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to JP¥1,254. The fair value is estimated to be JP¥1,618, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥4.50 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 03 December 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.8%). Announcement • Sep 21
Round One Corporation to Report Q2, 2026 Results on Nov 07, 2025 Round One Corporation announced that they will report Q2, 2026 results on Nov 07, 2025 Declared Dividend • Sep 06
First quarter dividend of JP¥4.50 announced Shareholders will receive a dividend of JP¥4.50. Ex-date: 29th September 2025 Payment date: 3rd December 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 (29% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Sep 04
Now 20% undervalued Over the last 90 days, the stock has risen 6.8% to JP¥1,386. The fair value is estimated to be JP¥1,740, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Reported Earnings • Aug 09
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: JP¥12.99 (up from JP¥11.96 in 1Q 2025). Revenue: JP¥43.5b (up 7.7% from 1Q 2025). Net income: JP¥3.41b (up 5.5% from 1Q 2025). Profit margin: 7.8% (down from 8.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 09
Round One Corporation announces Quarterly dividend, payable on December 03, 2025 Round One Corporation announced Quarterly dividend of JPY 4.5000 per share payable on December 03, 2025, ex-date on September 29, 2025 and record date on September 30, 2025. Buy Or Sell Opportunity • Jul 23
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 76% to JP¥1,546. The fair value is estimated to be JP¥1,284, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Board Change • Jun 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Satomi Kawabata was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,439, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,372 per share. Announcement • Jun 19
Round One Corporation to Report Q1, 2026 Results on Aug 08, 2025 Round One Corporation announced that they will report Q1, 2026 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,266, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Hospitality industry in Japan. Total returns to shareholders of 152% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,369 per share. Buy Or Sell Opportunity • May 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to JP¥1,048. The fair value is estimated to be JP¥1,352, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Announcement • May 13
Round One Corporation announces Quarterly dividend, payable on September 08, 2025 Round One Corporation announced Quarterly dividend of JPY 4.5000 per share payable on September 08, 2025, ex-date on June 27, 2025 and record date on June 30, 2025. Reported Earnings • May 10
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: JP¥59.71 (up from JP¥57.99 in FY 2024). Revenue: JP¥177.1b (up 11% from FY 2024). Net income: JP¥16.0b (up 2.3% from FY 2024). Profit margin: 9.1% (in line with FY 2024). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 9.0%. Revenue is forecast to grow 6.9% 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 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • May 09
Round One Corporation, Annual General Meeting, Jun 28, 2025 Round One Corporation, Annual General Meeting, Jun 28, 2025. Announcement • Apr 04
Round One Corporation to Report Fiscal Year 2025 Results on May 09, 2025 Round One Corporation announced that they will report fiscal year 2025 results on May 09, 2025 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥854, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 92% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Price Target Changed • Feb 22
Price target increased by 7.5% to JP¥1,486 Up from JP¥1,381, the current price target is an average from 7 analysts. New target price is 27% above last closing price of JP¥1,171. Stock is up 70% over the past year. The company is forecast to post earnings per share of JP¥67.15 for next year compared to JP¥57.99 last year. Price Target Changed • Feb 18
Price target increased by 7.6% to JP¥1,471 Up from JP¥1,367, the current price target is an average from 7 analysts. New target price is 14% above last closing price of JP¥1,286. Stock is up 85% over the past year. The company is forecast to post earnings per share of JP¥67.17 for next year compared to JP¥57.99 last year. Reported Earnings • Feb 11
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: JP¥9.36 (up from JP¥6.51 in 3Q 2024). Revenue: JP¥40.6b (up 11% from 3Q 2024). Net income: JP¥2.52b (up 44% from 3Q 2024). Profit margin: 6.2% (up from 4.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 40% per year. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 06 March 2025. Payout ratio is a comfortable 24% 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 • Dec 05
Round One Corporation to Report Q3, 2025 Results on Feb 10, 2025 Round One Corporation announced that they will report Q3, 2025 results on Feb 10, 2025 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,225, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 163% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,427 per share. Announcement • Nov 29
Round One Corporation (TSE:4680) announces an Equity Buyback for 20,000,000 shares, representing 7.4% for ¥10,000 million. Round One Corporation (TSE:4680) announces a share repurchase program. Under the program, the company will repurchase 20,000,000 shares, representing 7.40% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to to execute a flexible capital strategy that responds to changes in the business environment. The program will run until April 30, 2025. As of October 31, 2024, the company had 270,145,692 shares outstanding (excluding treasury shares) and 18,093,450 shares in treasury. Board Change • Nov 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent External Director Ayako Takaguchi was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Second quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2025 results: EPS: JP¥20.22 (up from JP¥19.22 in 2Q 2024). Revenue: JP¥45.6b (up 12% from 2Q 2024). Net income: JP¥5.46b (up 5.5% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 6.7% 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 64% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,089, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Hospitality industry in Japan. Total returns to shareholders of 123% over the past three years. Price Target Changed • Nov 03
Price target increased by 11% to JP¥1,274 Up from JP¥1,147, the current price target is an average from 7 analysts. New target price is 35% above last closing price of JP¥943. Stock is up 76% over the past year. The company is forecast to post earnings per share of JP¥66.41 for next year compared to JP¥57.99 last year. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (0.8%). Announcement • Aug 28
Round One Corporation to Report Q2, 2025 Results on Nov 08, 2024 Round One Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to JP¥662, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Hospitality industry in Japan. Total returns to shareholders of 93% over the past three years. New Risk • Jul 08
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 5.3% 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. This is currently the only risk that has been identified for the company. Announcement • Jun 30
Round One Corporation to Report Q1, 2025 Results on Aug 07, 2024 Round One Corporation announced that they will report Q1, 2025 results on Aug 07, 2024 Reported Earnings • Jun 28
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥57.99 (up from JP¥34.03 in FY 2023). Revenue: JP¥159.2b (up 12% from FY 2023). Net income: JP¥15.7b (up 61% from FY 2023). Profit margin: 9.8% (up from 6.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥4.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 06 September 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (0.7%). Announcement • May 10
Round One Corporation, Annual General Meeting, Jun 22, 2024 Round One Corporation, Annual General Meeting, Jun 22, 2024. Reported Earnings • May 09
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥57.99 (up from JP¥34.03 in FY 2023). Revenue: JP¥159.2b (up 12% from FY 2023). Net income: JP¥15.7b (up 61% from FY 2023). Profit margin: 9.8% (up from 6.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥3.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%). Announcement • Mar 03
Round One Corporation to Report Fiscal Year 2024 Results on May 08, 2024 Round One Corporation announced that they will report fiscal year 2024 results on May 08, 2024 Price Target Changed • Feb 19
Price target increased by 7.5% to JP¥935 Up from JP¥870, the current price target is an average from 6 analysts. New target price is 36% above last closing price of JP¥687. Stock is up 43% over the past year. The company is forecast to post earnings per share of JP¥49.80 for next year compared to JP¥34.03 last year. Reported Earnings • Feb 10
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: EPS: JP¥6.51 (up from JP¥1.30 in 3Q 2023). Revenue: JP¥36.6b (up 7.9% from 3Q 2023). Net income: JP¥1.75b (up 101% from 3Q 2023). Profit margin: 4.8% (up from 2.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Price Target Changed • Dec 16
Price target decreased by 15% to JP¥840 Down from JP¥992, the current price target is an average from 6 analysts. New target price is 51% above last closing price of JP¥558. Stock is up 5.1% over the past year. The company is forecast to post earnings per share of JP¥47.74 for next year compared to JP¥34.03 last year. Announcement • Dec 01
Round One Corporation to Report Q3, 2024 Results on Feb 09, 2024 Round One Corporation announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: JP¥19.22 (vs JP¥11.19 in 2Q 2023) Second quarter 2024 results: EPS: JP¥19.22 (up from JP¥11.19 in 2Q 2023). Revenue: JP¥40.9b (up 12% from 2Q 2023). Net income: JP¥5.18b (up 61% from 2Q 2023). Profit margin: 13% (up from 8.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Announcement • Aug 27
Round One Corporation to Report Q2, 2024 Results on Nov 10, 2023 Round One Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥9.59 (vs JP¥7.07 in 1Q 2023) First quarter 2024 results: EPS: JP¥9.59 (up from JP¥7.07 in 1Q 2023). Revenue: JP¥36.0b (up 16% from 1Q 2023). Net income: JP¥2.61b (up 29% from 1Q 2023). Profit margin: 7.3% (up from 6.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Jun 21
Round One Corporation to Report Q1, 2024 Results on Aug 07, 2023 Round One Corporation announced that they will report Q1, 2024 results on Aug 07, 2023 Reported Earnings • May 10
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥34.03 (up from JP¥14.00 in FY 2022). Revenue: JP¥142.1b (up 47% from FY 2022). Net income: JP¥9.74b (up 147% from FY 2022). Profit margin: 6.9% (up from 4.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥4.00 per share at 1.6% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.5%).