Declared Dividend • Jun 16
First half dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 29th September 2026 Payment date: 21st December 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 9.9% per year over the past 5 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 7.0% EPS decline seen over the last 5 years. Announcement • Jun 13
Global Kids Company Corp. to Report Q3, 2026 Results on Aug 10, 2026 Global Kids Company Corp. announced that they will report Q3, 2026 results on Aug 10, 2026 Reported Earnings • May 20
Second quarter 2026 earnings released: EPS: JP¥22.99 (vs JP¥5.37 in 2Q 2025) Second quarter 2026 results: EPS: JP¥22.99 (up from JP¥5.37 in 2Q 2025). Revenue: JP¥8.93b (up 17% from 2Q 2025). Net income: JP¥219.0m (up 329% from 2Q 2025). Profit margin: 2.5% (up from 0.7% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. 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: 02 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.8%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%). New Risk • Mar 03
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 5.7% 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 10% per year over the past 5 years. Minor Risks High level of debt (53% net debt to equity). Dividend is not well covered by earnings (209% payout ratio). Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥9.34b market cap, or US$59.2m). Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥980, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 40% over the past three years. Reported Earnings • Feb 14
First quarter 2026 earnings released: EPS: JP¥22.00 (vs JP¥10.48 in 1Q 2025) First quarter 2026 results: EPS: JP¥22.00 (up from JP¥10.48 in 1Q 2025). Revenue: JP¥7.94b (up 26% from 1Q 2025). Net income: JP¥209.0m (up 111% from 1Q 2025). Profit margin: 2.6% (up from 1.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jan 08
Final dividend of JP¥20.00 announced Dividend of JP¥20.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 2nd June 2026 Dividend yield will be 5.2%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 5x earnings). However, it is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 486% to bring the payout ratio under control. However, EPS has declined by 31% over the last 5 years so the company would need to reverse this trend. Board Change • Dec 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Outside Independent Audit & Supervisory Board Member Rieko Kataoka is the most experienced director on the board, commencing their role in 2015. Independent Outside Director Maya Nakayama was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Dec 27
Global Kids Company Corp. to Report Q1, 2026 Results on Feb 12, 2026 Global Kids Company Corp. announced that they will report Q1, 2026 results on Feb 12, 2026 New Risk • Nov 17
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 52% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (52% net debt to equity). Dividend is not well covered by earnings (113% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (JP¥6.86b market cap, or US$44.3m). Reported Earnings • Nov 17
Full year 2025 earnings released: EPS: JP¥7.59 (vs JP¥27.14 in FY 2024) Full year 2025 results: EPS: JP¥7.59 (down from JP¥27.14 in FY 2024). Revenue: JP¥27.0b (up 2.1% from FY 2024). Net income: JP¥72.0m (down 72% from FY 2024). Profit margin: 0.3% (down from 1.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Nov 13
Global Kids Company Corp., Annual General Meeting, Dec 18, 2025 Global Kids Company Corp., Annual General Meeting, Dec 18, 2025. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 22 December 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.1%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.4%). Announcement • Sep 06
Global Kids Company Corp. to Report Fiscal Year 2025 Results on Nov 13, 2025 Global Kids Company Corp. announced that they will report fiscal year 2025 results on Nov 13, 2025 Reported Earnings • Aug 02
Third quarter 2025 earnings released: EPS: JP¥21.05 (vs JP¥4.87 loss in 3Q 2024) Third quarter 2025 results: EPS: JP¥21.05 (up from JP¥4.87 loss in 3Q 2024). Revenue: JP¥6.53b (up 2.4% from 3Q 2024). Net income: JP¥200.0m (up JP¥246.0m from 3Q 2024). Profit margin: 3.1% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
Global Kids Company Corp. (TSE:6189) acquired Associe Academy Inc. from Tokyo Relationship No. 1 Fund and JPE Private Equity No. 5 Fund, managed by Japan Private Equity Co., Ltd. and others. Global Kids Company Corp. (TSE:6189) agreed to acquire Associe Academy Inc. from Tokyo Relationship No. 1 Fund and JPE Private Equity No. 5 Fund, managed by Japan Private Equity Co., Ltd. and others for ¥3.2 billion on June 20, 2025. A cash consideration will be paid for the acquisition of 0.03 million shares in Associe Academy Inc. With this share acquisition, Associe International Inc. is expected to become a sub-subsidiary of Global Kids Company Corp.
For the period ending March 31, 2025, Associe Academy Inc. reported EBIT of ¥174 million, net income of ¥64 million and EBITDA of ¥414 million. As of March 31, 2025, Associe Academy Inc. reported total assets of ¥5.48 billion and total common equity of ¥3.33 billion.
The expected completion of the transaction is July 31, 2025. Ernst & Young Japan acted as financial advisor and due diligence provider to Japan Private Equity Co., Ltd.
Global Kids Company Corp. (TSE:6189) completed the acquisition of Associe Academy Inc. from Tokyo Relationship No. 1 Fund and JPE Private Equity No. 5 Fund, managed by Japan Private Equity Co., Ltd. and others on July 31, 2025. Upon completion, Associe Academy Inc. will be a subsidiary of Global Kids Company Corp. Announcement • Jun 27
Global Kids Company Corp. to Report Q3, 2025 Results on Jul 31, 2025 Global Kids Company Corp. announced that they will report Q3, 2025 results on Jul 31, 2025 Declared Dividend • Jun 03
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 29th September 2025 Payment date: 22nd December 2025 Dividend yield will be 5.9%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not covered by earnings (241% earnings payout ratio). However, it is well covered by cash flows (36% cash payout ratio). The dividend has increased by an average of 12% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 168% to bring the payout ratio under control. However, EPS has declined by 29% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 01
Second quarter 2025 earnings released: EPS: JP¥5.37 (vs JP¥8.27 in 2Q 2024) Second quarter 2025 results: EPS: JP¥5.37 (down from JP¥8.27 in 2Q 2024). Revenue: JP¥7.64b (up 5.5% from 2Q 2024). Net income: JP¥51.0m (down 35% from 2Q 2024). Profit margin: 0.7% (down from 1.1% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 07
Global Kids Company Corp. to Report Q2, 2025 Results on Apr 30, 2025 Global Kids Company Corp. announced that they will report Q2, 2025 results on Apr 30, 2025 Reported Earnings • Feb 01
First quarter 2025 earnings released: EPS: JP¥10.48 (vs JP¥11.90 in 1Q 2024) First quarter 2025 results: EPS: JP¥10.48 (down from JP¥11.90 in 1Q 2024). Revenue: JP¥6.33b (down 3.6% from 1Q 2024). Net income: JP¥99.0m (down 12% from 1Q 2024). Profit margin: 1.6% (down from 1.7% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jan 03
Global Kids Company Corp. to Report Q1, 2025 Results on Jan 31, 2025 Global Kids Company Corp. announced that they will report Q1, 2025 results on Jan 31, 2025 Announcement • Nov 14
Global Kids Company Corp., Annual General Meeting, Dec 19, 2024 Global Kids Company Corp., Annual General Meeting, Dec 19, 2024. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 20 December 2024. The company is paying out more than 100% of its profits and is paying out 94% of its cash flow. Trailing yield: 4.7%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.7%). Announcement • Aug 29
Global Kids Company Corp. to Report Fiscal Year 2024 Results on Nov 14, 2024 Global Kids Company Corp. announced that they will report fiscal year 2024 results on Nov 14, 2024 Reported Earnings • Aug 02
Third quarter 2024 earnings released: JP¥4.87 loss per share (vs JP¥27.09 loss in 3Q 2023) Third quarter 2024 results: JP¥4.87 loss per share (improved from JP¥27.09 loss in 3Q 2023). Revenue: JP¥6.38b (up 2.6% from 3Q 2023). Net loss: JP¥46.0m (loss narrowed 82% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% 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. Buy Or Sell Opportunity • Jul 01
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at JP¥681. The fair value is estimated to be JP¥553, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jun 27
Now 22% overvalued Over the last 90 days, the stock has fallen 3.1% to JP¥678. The fair value is estimated to be JP¥554, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jun 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.7% to JP¥669. The fair value is estimated to be JP¥555, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Meanwhile, the company has become profitable. Declared Dividend • May 02
Dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 27th September 2024 Payment date: 20th December 2024 Dividend yield will be 4.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 7x earnings). However, it is well covered by cash flows (35% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 748% to bring the payout ratio under control. However, EPS has declined by 42% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 01
Second quarter 2024 earnings released: EPS: JP¥8.27 (vs JP¥2.13 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥8.27 (up from JP¥2.13 loss in 2Q 2023). Revenue: JP¥7.25b (up 15% from 2Q 2023). Net income: JP¥78.0m (up JP¥98.0m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Feb 24
Global Kids Company Corp. to Report Q2, 2024 Results on Apr 30, 2024 Global Kids Company Corp. announced that they will report Q2, 2024 results on Apr 30, 2024 Announcement • Feb 09
Global Kids Company Corp. Provides Dividend Guidance for the Full Year Ending September 30, 2024 Global Kids Company Corp. provided dividend guidance for the full year ending September 30, 2024. for the year, the company expects to pay JPY 30.00 against JPY 30.00 reported a year ago. Reported Earnings • Feb 02
First quarter 2024 earnings released: EPS: JP¥11.90 (vs JP¥12.55 in 1Q 2023) First quarter 2024 results: EPS: JP¥11.90 (down from JP¥12.55 in 1Q 2023). Revenue: JP¥6.56b (up 8.0% from 1Q 2023). Net income: JP¥112.0m (down 5.1% from 1Q 2023). Profit margin: 1.7% (down from 1.9% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Dec 28
Global Kids Company Corp. to Report Q1, 2024 Results on Jan 31, 2024 Global Kids Company Corp. announced that they will report Q1, 2024 results on Jan 31, 2024 Announcement • Nov 13
Global Kids Company Corp., Annual General Meeting, Dec 19, 2023 Global Kids Company Corp., Annual General Meeting, Dec 19, 2023. Reported Earnings • Nov 12
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: JP¥5.85 loss per share (improved from JP¥33.51 loss in FY 2022). Revenue: JP¥25.1b (up 3.2% from FY 2022). Net loss: JP¥55.0m (loss narrowed 83% from FY 2022). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥30.00 per share at 4.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 21 December 2023. Trailing yield: 4.2%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.6%). Announcement • Sep 02
Global Kids Company Corp. to Report Fiscal Year 2023 Results on Nov 10, 2023 Global Kids Company Corp. announced that they will report fiscal year 2023 results on Nov 10, 2023 Announcement • Aug 23
Global Kids Company Corp. Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2023 Global Kids Company Corp. provided consolidated earnings guidance for the fiscal year ending September 30, 2023. The company expects net sales to be JPY 25,400 million, Operating profit to be JPY 300 million, loss attributable to owners of parent to be JPY 150 million or JPY 15.94 per basic share. Announcement • Aug 22
Global Kids Company Corp. Provides Dividend Guidance for the Full Year Ending Sep. 30, 2023 Global Kids Company Corp. provides dividend guidance for the full year ending Sep. 30, 2023. The company expects to pay JPY 30.00 against JPY 25.00 reported a year ago. Reported Earnings • Aug 12
Third quarter 2023 earnings released: JP¥27.09 loss per share (vs JP¥74.91 loss in 3Q 2022) Third quarter 2023 results: JP¥27.09 loss per share (improved from JP¥74.91 loss in 3Q 2022). Revenue: JP¥6.22b (up 3.5% from 3Q 2022). Net loss: JP¥255.0m (loss narrowed 64% from 3Q 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Consumer Services industry in Japan. 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. Announcement • Jun 10
Global Kids Company Corp. to Report Q3, 2023 Results on Aug 10, 2023 Global Kids Company Corp. announced that they will report Q3, 2023 results on Aug 10, 2023 Reported Earnings • Apr 29
Second quarter 2023 earnings released: JP¥2.13 loss per share (vs JP¥14.72 profit in 2Q 2022) Second quarter 2023 results: JP¥2.13 loss per share (down from JP¥14.72 profit in 2Q 2022). Revenue: JP¥6.30b (up 1.1% from 2Q 2022). Net loss: JP¥20.0m (down 115% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 01
First quarter 2023 earnings released: EPS: JP¥12.55 (vs JP¥8.90 in 1Q 2022) First quarter 2023 results: EPS: JP¥12.55 (up from JP¥8.90 in 1Q 2022). Revenue: JP¥6.08b (flat on 1Q 2022). Net income: JP¥118.0m (up 42% from 1Q 2022). Profit margin: 1.9% (up from 1.4% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Dec 28
Global Kids Company Corp. to Report Q1, 2023 Results on Jan 31, 2023 Global Kids Company Corp. announced that they will report Q1, 2023 results on Jan 31, 2023 Reported Earnings • Dec 27
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: JP¥33.51 loss per share (down from JP¥51.87 profit in FY 2021). Revenue: JP¥24.4b (up 3.5% from FY 2021). Net loss: JP¥314.0m (down 165% from profit in FY 2021). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 13
Global Kids Company Corp., Annual General Meeting, Dec 20, 2022 Global Kids Company Corp., Annual General Meeting, Dec 20, 2022. Reported Earnings • Nov 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: JP¥33.51 loss per share (down from JP¥51.87 profit in FY 2021). Revenue: JP¥24.4b (up 3.5% from FY 2021). Net loss: JP¥314.0m (down 165% from profit in FY 2021). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Consumer Services industry in Japan. 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 • Sep 24
Global Kids Company Corp. to Report Fiscal Year 2022 Results on Nov 11, 2022 Global Kids Company Corp. announced that they will report fiscal year 2022 results on Nov 11, 2022 Announcement • Aug 17
Global Kids Company Corp. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2022 Global Kids Company Corp. provided earning guidance for the fiscal year ending September 30, 2022. For the period, the company expects net sales of JPY 24,300 million, operating profit of JPY 650 million, ordinary profit of JPY 1,130 million, loss attributable to owners of parent of JPY 380 million and loss per share JPY 40.56. Announcement • Aug 16
Global Kids Company Corp. Provides Dividend Guidance for the Fiscal Year Ending September 30, 2022 Global Kids Company Corp. provided dividend guidance for the fiscal year ending September 30, 2022. For the period, the company expects dividend of JPY 25 per share against JPY 0 per share a year ago. Reported Earnings • Jul 31
Third quarter 2022 earnings released: JP¥74.91 loss per share (vs JP¥14.01 profit in 3Q 2021) Third quarter 2022 results: JP¥74.91 loss per share (down from JP¥14.01 profit in 3Q 2021). Revenue: JP¥6.01b (up 2.0% from 3Q 2021). Net loss: JP¥703.0m (down JP¥833.0m from profit in 3Q 2021). Over the next year, revenue is forecast to grow 6.1%, compared to a 7.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 52% 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. Buying Opportunity • Jul 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.4%. The fair value is estimated to be JP¥849, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 86% in the next 2 years. Announcement • Jun 04
Global Kids Company Corp. to Report Q3, 2022 Results on Jul 29, 2022 Global Kids Company Corp. announced that they will report Q3, 2022 results on Jul 29, 2022 Reported Earnings • Apr 30
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥14.72 (up from JP¥11.11 in 2Q 2021). Revenue: JP¥6.23b (up 4.7% from 2Q 2021). Net income: JP¥138.0m (up 34% from 2Q 2021). Profit margin: 2.2% (up from 1.7% in 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 6.8%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 1 independent director (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 08
Global Kids Company Corp. to Report Q2, 2022 Results on Apr 28, 2022 Global Kids Company Corp. announced that they will report Q2, 2022 results on Apr 28, 2022 Reported Earnings • Feb 02
First quarter 2022 earnings: EPS in line with expectations, revenues disappoint First quarter 2022 results: EPS: JP¥8.90 (down from JP¥10.07 in 1Q 2021). Revenue: JP¥6.03b (up 5.9% from 1Q 2021). Net income: JP¥83.0m (down 11% from 1Q 2021). Profit margin: 1.4% (down from 1.6% in 1Q 2021). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.4%, compared to a 14% growth forecast for the industry in Japan. 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 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥51.87 (up from JP¥47.64 in FY 2020). Revenue: JP¥23.5b (up 6.2% from FY 2020). Net income: JP¥481.0m (up 9.8% from FY 2020). Profit margin: 2.0% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 9.7%, compared to a 14% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Nov 24
Global Kids Company Corp. Provides Earnings Guidance for the Fiscal Year Ending September 30, 2022 Global Kids Company Corp. provided earnings guidance for the fiscal year ending September 30, 2022. The company expected net sales to be JPY 24,900 million, Operating profit to be JPY 940 million, profit attributable to owners of parent to be JPY 800 million or JPY 85.82 per share. Reported Earnings • Nov 15
Full year 2021 earnings released: EPS JP¥51.87 (vs JP¥47.64 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: JP¥23.5b (up 6.2% from FY 2020). Net income: JP¥481.0m (up 9.8% from FY 2020). Profit margin: 2.0% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥927, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 22x in the Consumer Services industry in Japan. Total loss to shareholders of 36% over the past three years. Reported Earnings • Aug 04
Third quarter 2021 earnings released: EPS JP¥14.01 (vs JP¥33.04 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: JP¥5.89b (up 5.5% from 3Q 2020). Net income: JP¥130.0m (down 57% from 3Q 2020). Profit margin: 2.2% (down from 5.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥756, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 23x in the Consumer Services industry in Japan. Total loss to shareholders of 57% over the past three years. Announcement • Jun 02
Global Kids Company Corp. Provides Earnings Forecast for the Full Year 2021 Global Kids Company Corp. provided earnings forecast for the full year 2021. For the period, the company expects Net sales of JPY 23,800 Million. Operating
profit of JPY 700 Million. Profit of JPY 680 Million. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,190, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 29x in the Consumer Services industry in Japan. Total loss to shareholders of 8.5% over the past three years. Announcement • Mar 04
Global Kids Company Corp. to Report Q2, 2021 Results on May 14, 2021 Global Kids Company Corp. announced that they will report Q2, 2021 results on May 14, 2021 Reported Earnings • Feb 02
First quarter 2021 earnings released: EPS JP¥10.07 (vs JP¥8.72 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥5.69b (up 5.7% from 1Q 2020). Net income: JP¥93.0m (up 16% from 1Q 2020). Profit margin: 1.6% (up from 1.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 02
Revenue beats expectations Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 6.6% growth forecast for the Consumer Services industry in Japan. Announcement • Jan 08
Global Kids Company Corp. to Report Q1, 2021 Results on Jan 29, 2021 Global Kids Company Corp. announced that they will report Q1, 2021 results on Jan 29, 2021 Reported Earnings • Dec 27
Full year 2020 earnings released: EPS JP¥47.64 The company reported a soft full year result with weaker earnings and profit margins, although revenues were improved. Full year 2020 results: Revenue: JP¥22.2b (up 13% from FY 2019). Net income: JP¥438.0m (down 61% from FY 2019). Profit margin: 2.0% (down from 5.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Dec 27
Revenue beats expectations Revenue exceeded analyst estimates by 0.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 6.2% growth forecast for the Consumer Services industry in Japan. Valuation Update With 7 Day Price Move • Dec 03
Market bids up stock over the past week After last week's 19% share price gain to JP¥1,040, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.4x. This compares to an average P/E of 24x in the Consumer Services industry in Japan. Total return to shareholders over the past three years is a loss of 45%. Is New 90 Day High Low • Dec 01
New 90-day high: JP¥1,004 The company is up 43% from its price of JP¥700 on 02 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 2.0% over the same period. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 20% share price gain to JP¥1,004, the stock is trading at a trailing P/E ratio of 21.1x, up from the previous P/E ratio of 17.5x. This compares to an average P/E of 24x in the Consumer Services industry in Japan. Total return to shareholders over the past three years is a loss of 44%.