Reported Earnings • May 20
Third quarter 2026 earnings released: EPS: JP¥33.82 (vs JP¥30.90 in 3Q 2025) Third quarter 2026 results: EPS: JP¥33.82 (up from JP¥30.90 in 3Q 2025). Revenue: JP¥1.97b (up 17% from 3Q 2025). Net income: JP¥381.0m (up 6.8% from 3Q 2025). Profit margin: 19% (down from 21% in 3Q 2025). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Feb 16
Second quarter 2026 earnings released: EPS: JP¥39.43 (vs JP¥2.45 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥39.43 (up from JP¥2.45 loss in 2Q 2025). Revenue: JP¥1.74b (up 16% from 2Q 2025). Net income: JP¥450.3m (up JP¥477.3m from 2Q 2025). Profit margin: 26% (up from net loss in 2Q 2025). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Feb 15
Solvvy Inc. Announces Interim Dividend for the End of Second Quarter of Fiscal Year Ending June 2026, Payable on March 16, 2026; Provides Dividend Guidance for the Year Ending June 2026 Solvvy Inc. announced interim dividend of JPY 10.00 per share for the end of second quarter of fiscal year ending June 2026. Record Date: December 31, 2025. Effective Date: March 16, 2026. Total Amount of Dividends: JPY 116 million.
The company provided dividend guidance for the year ending June 2026. For the year, the company expects to pay dividend of JPY 10.00 per share. Reported Earnings • Nov 15
First quarter 2026 earnings released: EPS: JP¥21.44 (vs JP¥32.54 in 1Q 2025) First quarter 2026 results: EPS: JP¥21.44 (down from JP¥32.54 in 1Q 2025). Revenue: JP¥1.53b (up 4.1% from 1Q 2025). Net income: JP¥247.0m (down 25% from 1Q 2025). Profit margin: 16% (down from 22% in 1Q 2025). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. New Risk • Oct 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Reported Earnings • Oct 04
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: JP¥114 loss per share (down from JP¥96.91 profit in FY 2024). Revenue: JP¥6.71b (up 25% from FY 2024). Net loss: JP¥628.0m (down 165% from profit in FY 2024). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Oct 02
Solvvy Inc. to Report Q1, 2026 Results on Nov 12, 2025 Solvvy Inc. announced that they will report Q1, 2026 results on Nov 12, 2025 Reported Earnings • Aug 15
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: JP¥114 loss per share (down from JP¥96.91 profit in FY 2024). Revenue: JP¥6.71b (up 25% from FY 2024). Net loss: JP¥628.0m (down 165% from profit in FY 2024). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Announcement • Aug 14
Solvvy Inc., Annual General Meeting, Sep 25, 2025 Solvvy Inc., Annual General Meeting, Sep 25, 2025. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to JP¥2,212, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 143% over the past three years. Announcement • Aug 13
Solvvy Inc. (TSE:7320) announces an Equity Buyback for 250,000 shares, representing 2.09% for ¥500 million. Solvvy Inc. (TSE:7320) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.09% of its common stock for ¥500 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program is valid till August 31, 2025. As of July 31, 2025, the company had 11,934,754 issued shares (excluding treasury stock) and 62,500 shares in treasury. New Risk • Jul 11
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 29
Solvvy Inc. to Report Fiscal Year 2025 Results on Aug 13, 2025 Solvvy Inc. announced that they will report fiscal year 2025 results on Aug 13, 2025 Upcoming Dividend • Jun 20
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 26 September 2025. Payout ratio is a comfortable 6.5% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (2.8%). Reported Earnings • May 15
Third quarter 2025 earnings released: EPS: JP¥61.86 (vs JP¥44.19 in 3Q 2024) Third quarter 2025 results: EPS: JP¥61.86 (up from JP¥44.19 in 3Q 2024). Revenue: JP¥1.68b (up 34% from 3Q 2024). Net income: JP¥357.0m (up 61% from 3Q 2024). Profit margin: 21% (up from 18% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 29% per year. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.0b (US$95.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (JP¥14.0b market cap, or US$95.5m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥2,423, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Consumer Services industry in Japan. Total returns to shareholders of 20% over the past three years. Announcement • Mar 01
Solvvy Inc. to Report Q3, 2025 Results on May 13, 2025 Solvvy Inc. announced that they will report Q3, 2025 results on May 13, 2025 Declared Dividend • Feb 15
Dividend increased to JP¥20.00 Dividend of JP¥20.00 is 33% higher than last year. Ex-date: 27th June 2025 Payment date: 26th September 2025 Dividend yield will be 0.7%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 22%. New Risk • Dec 25
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 7.3% 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 Risk Share price has been highly volatile over the past 3 months (7.3% average weekly change). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). New Risk • Dec 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Nov 26
Solvvy Inc. (TSE:7320) announces an Equity Buyback for 30,000 shares, for ¥111.15 million. Solvvy Inc. (TSE:7320) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 0.5% of its common stock for ¥ 111.15 million. The shares will be repurchased at ¥3,705 per share. The shares will be repurchasedin order to implement a flexible capital policy that responds to changes in the business environment. The repurchases will take place on November 26, 2024. As of November 1, 2024, the company had 5,998,627 issued shares (excluding treasury stock) and no shares in treasury. Announcement • Nov 18
Solvvy Inc. (TSE:7320) announces an Equity Buyback for 200 shares, for ¥0.63 million. Solvvy Inc. (TSE:7320) announces a share repurchase program. Under the program, the company will repurchase up to 200 shares for ¥0.63 million. The shares will be repurchased at ¥3,140 per share. The shares will be repurchased in connection with the processing of fractional shares less than one share as a result of the share exchange. Reported Earnings • Nov 15
First quarter 2025 earnings released: EPS: JP¥64.89 (vs JP¥43.66 in 1Q 2024) First quarter 2025 results: EPS: JP¥64.89 (up from JP¥43.66 in 1Q 2024). Revenue: JP¥1.47b (up 33% from 1Q 2024). Net income: JP¥326.0m (up 49% from 1Q 2024). Profit margin: 22% (up from 20% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,335, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Consumer Services industry in Japan. Total returns to shareholders of 9.0% over the past three years. New Risk • Oct 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.7b (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (JP¥14.7b market cap, or US$99.2m). Announcement • Sep 11
Japan Living Warranty Inc. to Report Q2, 2025 Results on Feb 13, 2025 Japan Living Warranty Inc. announced that they will report Q2, 2025 results on Feb 13, 2025 Reported Earnings • Aug 14
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: JP¥194 (up from JP¥150 in FY 2023). Revenue: JP¥5.36b (up 37% from FY 2023). Net income: JP¥973.0m (up 30% from FY 2023). Profit margin: 18% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Japan Living Warranty Inc., Annual General Meeting, Sep 25, 2024 Japan Living Warranty Inc., Annual General Meeting, Sep 25, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥2,128, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Consumer Services industry in Japan. Total loss to shareholders of 10% over the past three years. Announcement • Jun 28
Japan Living Warranty Inc. to Report Fiscal Year 2024 Results on Aug 09, 2024 Japan Living Warranty Inc. announced that they will report fiscal year 2024 results on Aug 09, 2024 Reported Earnings • May 13
Third quarter 2024 earnings released: EPS: JP¥44.19 (vs JP¥41.66 in 3Q 2023) Third quarter 2024 results: EPS: JP¥44.19 (up from JP¥41.66 in 3Q 2023). Revenue: JP¥1.26b (up 28% from 3Q 2023). Net income: JP¥222.0m (up 6.2% from 3Q 2023). Profit margin: 18% (down from 21% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥2,752, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 38% over the past three years. Announcement • Apr 28
Japan Living Warranty Inc. (TSE:7320) signed a memorandum of understanding to acquire MEDIASEEK,inc. (TSE:4824) from Rakuten Securities, Inc., SBI SECURITIES Co., Ltd., Matsui Securities Co., Ltd. (TSE:8628) , JPMorgan Securities Japan Co., Ltd and others. Japan Living Warranty Inc. (TSE:7320) signed a memorandum of understanding to acquire MEDIASEEK,inc. (TSE:4824) from Rakuten Securities, Inc., SBI SECURITIES Co., Ltd., Matsui Securities Co., Ltd. (TSE:8628) , JPMorgan Securities Japan Co., Ltd and others on April 26, 2024. Transaction is subject to necessary institutional approvals. Transaction is expected to complete on November 1, 2024. Reported Earnings • Feb 11
Second quarter 2024 earnings released: EPS: JP¥44.85 (vs JP¥31.29 in 2Q 2023) Second quarter 2024 results: EPS: JP¥44.85 (up from JP¥31.29 in 2Q 2023). Revenue: JP¥1.19b (up 31% from 2Q 2023). Net income: JP¥225.0m (up 43% from 2Q 2023). Profit margin: 19% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 11
Dividend of JP¥10.00 announced Dividend of JP¥10.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 27th September 2024 Dividend yield will be 0.3%, which is lower than the industry average of 2.4%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 3%. Announcement • Nov 15
Japan Living Warranty Inc. Provides Consolidated Earnings Guidance for the Six Months Ending December 31, 2023 and Full Year Ending June 30, 2024 Japan Living Warranty Inc. provided consolidated earnings guidance for the six months ending December 31, 2023 and full year ending June 30, 2024. For the six months, the company expects net sales of JPY 2,190 million, operating profit of JPY 390 million and profit attributable to owners of parent of JPY 314 million and earnings per share of JPY 62.58.For the full year ending June 30, 2024, the company expects net sales of JPY 4,820 million, operating profit of JPY 840 million and profit attributable to owners of parent of JPY 779 million and earnings per share of JPY 155.27. Reported Earnings • Nov 12
First quarter 2024 earnings released: EPS: JP¥43.66 (vs JP¥23.72 in 1Q 2023) First quarter 2024 results: EPS: JP¥43.66 (up from JP¥23.72 in 1Q 2023). Revenue: JP¥1.11b (up 33% from 1Q 2023). Net income: JP¥219.0m (up 84% from 1Q 2023). Profit margin: 20% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Oct 25
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 7.4% 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 Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risk Market cap is less than US$100m (JP¥14.4b market cap, or US$96.0m). Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,794, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Consumer Services industry in Japan. Total returns to shareholders of 74% over the past three years. New Risk • Aug 17
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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (JP¥13.3b market cap, or US$91.0m). Reported Earnings • Aug 12
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥150 (up from JP¥109 in FY 2022). Revenue: JP¥3.92b (up 19% from FY 2022). Net income: JP¥751.0m (up 38% from FY 2022). Profit margin: 19% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.7%. Revenue is forecast to grow 16% 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, earnings per share has increased by 35% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
Japan Living Warranty Inc., Annual General Meeting, Sep 26, 2023 Japan Living Warranty Inc., Annual General Meeting, Sep 26, 2023. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥10.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 8.6% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.6%). Announcement • Jun 03
Japan Living Warranty Inc. to Report Fiscal Year 2023 Results on Aug 10, 2023 Japan Living Warranty Inc. announced that they will report fiscal year 2023 results on Aug 10, 2023 Announcement • May 13
Japan Living Warranty Inc. Provides Earnings Guidance for the Year Ending June 30, 2023 Japan Living Warranty Inc. provided earning guidance for the fiscal year ending June 30, 2023. For the period, the company expects net sales of JPY 3,953 million, operating profit of JPY 860 million, ordinary profit of JPY 1,010 million, profit attributable to owners of parent of JPY 685 million and earnings per share of JPY 137.23. Announcement • Feb 15
Japan Living Warranty Inc. Provides Earnings Guidance for the Year Ending June 30, 2023 Japan Living Warranty Inc. provided earnings guidance for the year ending June 30, 2023. FOr the year, the company expected Net sales to be JPY 3,953 Million Operating profit to be JPY 860 Million Profit attributable to owners of parent to be JPY 685 Million Earnings per share to be JPY 137.23. Announcement • Feb 14
Japan Living Warranty Inc. Provides Dividend Guidance for the Year Ending June 30, 2023 Japan Living Warranty Inc. provided dividend guidance for the year ending June 30, 2023. FOr the year, the company expected dividend of JPY 10.00 per share. Reported Earnings • Feb 12
Second quarter 2023 earnings released: EPS: JP¥31.29 (vs JP¥23.36 in 2Q 2022) Second quarter 2023 results: EPS: JP¥31.29 (up from JP¥23.36 in 2Q 2022). Revenue: JP¥909.0m (up 28% from 2Q 2022). Net income: JP¥157.0m (up 34% from 2Q 2022). Profit margin: 17% (in line with 2Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Japan Living Warranty Inc. to Report Q2, 2023 Results on Feb 10, 2023 Japan Living Warranty Inc. announced that they will report Q2, 2023 results on Feb 10, 2023 Reported Earnings • Nov 16
First quarter 2023 earnings released: EPS: JP¥23.72 (vs JP¥47.58 in 1Q 2022) First quarter 2023 results: EPS: JP¥23.72 (down from JP¥47.58 in 1Q 2022). Revenue: JP¥835.0m (down 6.7% from 1Q 2022). Net income: JP¥119.0m (down 50% from 1Q 2022). Profit margin: 14% (down from 27% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Consumer Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. 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. 4 experienced directors. No highly experienced directors. No independent directors (4 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: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 15
Japan Living Warranty Inc. Provides Consolidated Earnings Guidance for the Six Months Ending December 31, 2022 and Year Ending June 30, 2023 Japan Living Warranty Inc. provided consolidated earnings guidance for the Six months ending December 31, 2022 and year ending June 30, 2023. For the period, the company expects net sales of JPY 1,733 million, operating profit of JPY 289 million, profit attributable to owners of parent JPY 243 million and basic earnings per share of JPY 48.68.For the year, the company expects net sales of JPY 3,953 million, operating profit of JPY 860 million, profit attributable to owners of parent JPY 685 million and basic earnings per share of JPY 137.23. Announcement • Nov 14
Japan Living Warranty Inc. Provides Dividend Guidance for the Year Ending June 30, 2023 For the year ending June 30, 2023, Japan Living Warranty Inc. expects a dividend of ¥10.00 per share against ¥10.00 per share paid a year ago. Announcement • Sep 28
Japan Living Warranty Inc. to Report Q1, 2023 Results on Nov 11, 2022 Japan Living Warranty Inc. announced that they will report Q1, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,231, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 148% over the past three years. Announcement • Aug 14
Japan Living Warranty Inc., Annual General Meeting, Sep 27, 2022 Japan Living Warranty Inc., Annual General Meeting, Sep 27, 2022. Reported Earnings • Aug 14
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: JP¥109 (up from JP¥72.54 in FY 2021). Revenue: JP¥3.31b (up 18% from FY 2021). Net income: JP¥546.0m (up 51% from FY 2021). Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 12%, compared to a 9.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥1,322, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Consumer Services industry in Japan. Total returns to shareholders of 48% over the past three years. Announcement • Jun 05
Japan Living Warranty Inc. to Report Fiscal Year 2022 Results on Aug 12, 2022 Japan Living Warranty Inc. announced that they will report fiscal year 2022 results on Aug 12, 2022 Reported Earnings • May 13
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: JP¥19.43 (down from JP¥29.73 in 3Q 2021). Revenue: JP¥812.0m (up 8.1% from 3Q 2021). Net income: JP¥97.0m (down 35% from 3Q 2021). Profit margin: 12% (down from 20% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 7.3%, compared to a 10% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • May 12
Japan Living Warranty Inc. Provides Consolidated Financial Guidance for the Year Ending June 30, 2022 Japan Living Warranty Inc. provided consolidated financial guidance for the year ending June 30, 2022. For the year, the company expects net sales of JPY 3,200 million, Operating profit of JPY 700 million, Profit attributable to owners of parent of JPY 530 million and Earnings per share of JPY 105.89. 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. No highly experienced directors. No independent directors (3 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: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 27
Japan Living Warranty Inc. to Report Q3, 2022 Results on May 11, 2022 Japan Living Warranty Inc. announced that they will report Q3, 2022 results on May 11, 2022 Reported Earnings • Feb 12
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: JP¥23.36 (up from JP¥14.59 in 2Q 2021). Revenue: JP¥713.0m (up 13% from 2Q 2021). Net income: JP¥117.0m (up 60% from 2Q 2021). Profit margin: 16% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 6.0%, compared to a 13% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
Japan Living Warranty Inc. (TSE:7320) announces an Equity Buyback for 50,000 shares, representing 1% for ¥100 million. Japan Living Warranty Inc. (TSE:7320) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1% of its share capital, for ¥100 million. The company will repurchase its shares to curb dilution from transfer-restricted stock-based compensation system of utilizing treasury stock when allocating shares. The repurchased shares will be used for the exercise of stock options (stock acquisition rights) in the future. The share repurchase program will run until March 24, 2022. As of December 31, 2022, the company had 5,008,038 shares outstanding (excluding treasury shares) and 50,262 shares in treasury. Reported Earnings • Nov 12
First quarter 2022 earnings released: EPS JP¥47.58 (vs JP¥18.78 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥895.0m (up 53% from 1Q 2021). Net income: JP¥238.0m (up 153% from 1Q 2021). Profit margin: 27% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improved over the past week After last week's 21% share price gain to JP¥3,295, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 22x in the Consumer Services industry in Japan. Total returns to shareholders of 255% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥2,901, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 22x in the Consumer Services industry in Japan. Total returns to shareholders of 227% over the past three years. Reported Earnings • Aug 13
Full year 2021 earnings released: EPS JP¥72.54 (vs JP¥37.25 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥2.80b (up 43% from FY 2020). Net income: JP¥362.0m (up 95% from FY 2020). Profit margin: 13% (up from 9.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 35% per year. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 28 September 2021. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.1%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥2,686, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 25x in the Consumer Services industry in Japan. Total returns to shareholders of 128% over the past three years. Reported Earnings • May 13
Third quarter 2021 earnings released: EPS JP¥29.73 (vs JP¥8.00 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥751.0m (up 51% from 3Q 2020). Net income: JP¥148.0m (up 270% from 3Q 2020). Profit margin: 20% (up from 8.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 28% per year. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 19% share price gain to JP¥2,329, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 29x in the Consumer Services industry in Japan. Total returns to shareholders of 119% over the past three years. Announcement • Mar 03
Japan Living Warranty Inc. to Report Q3, 2021 Results on May 10, 2021 Japan Living Warranty Inc. announced that they will report Q3, 2021 results on May 10, 2021 Is New 90 Day High Low • Mar 02
New 90-day low: JP¥1,958 The company is down 17% from its price of JP¥2,356 on 02 December 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 1.0% over the same period. Reported Earnings • Feb 14
Second quarter 2021 earnings released: EPS JP¥14.59 (vs JP¥11.23 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: JP¥629.0m (up 30% from 2Q 2020). Net income: JP¥73.0m (up 30% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020). Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 16% share price gain to JP¥2,280, the stock is trading at a trailing P/E ratio of 57.3x, up from the previous P/E ratio of 49.5x. This compares to an average P/E of 25x in the Consumer Services industry in Japan. Total returns to shareholders over the past year are 61%. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 23% share price gain to JP¥2,356, the stock is trading at a trailing P/E ratio of 59.2x, up from the previous P/E ratio of 48.2x. This compares to an average P/E of 24x in the Consumer Services industry in Japan. Total returns to shareholders over the past year are 100%. Is New 90 Day High Low • Dec 01
New 90-day high: JP¥2,197 The company is up 66% from its price of JP¥1,326 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.