Reported Earnings • 18h
Full year 2026 earnings released: EPS: JP¥102 (vs JP¥75.90 in FY 2025) Full year 2026 results: EPS: JP¥102 (up from JP¥75.90 in FY 2025). Revenue: JP¥93.3b (up 5.1% from FY 2025). Net income: JP¥4.11b (up 35% from FY 2025). Profit margin: 4.4% (up from 3.4% in FY 2025). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jun 01
Watami Co., Ltd. to Report Q1, 2027 Results on Aug 14, 2026 Watami Co., Ltd. announced that they will report Q1, 2027 results on Aug 14, 2026 Reported Earnings • May 15
Full year 2026 earnings released: EPS: JP¥102 (vs JP¥75.90 in FY 2025) Full year 2026 results: EPS: JP¥102 (up from JP¥75.90 in FY 2025). Revenue: JP¥93.3b (up 5.1% from FY 2025). Net income: JP¥4.11b (up 35% from FY 2025). Profit margin: 4.4% (up from 3.4% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 13
Watami Co., Ltd., Annual General Meeting, Jun 27, 2026 Watami Co., Ltd., Annual General Meeting, Jun 27, 2026. Announcement • May 10
Watami Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Watami Co., Ltd. announced that they will report fiscal year 2026 results at 3:00 PM, Tokyo Standard Time on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). New Risk • Feb 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.5% Last year net profit margin: 5.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: JP¥66.95 (vs JP¥69.63 in 3Q 2025) Third quarter 2026 results: EPS: JP¥66.95 (down from JP¥69.63 in 3Q 2025). Revenue: JP¥24.6b (up 8.3% from 3Q 2025). Net income: JP¥2.69b (down 3.8% from 3Q 2025). Profit margin: 11% (down from 12% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
Watami Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2026 Watami Co., Ltd. provided dividend guidance of JPY 10 per share as against JPY 10 per share a year ago for the Fiscal year ending March 31, 2026. Announcement • Dec 27
Watami Co., Ltd. to Report Q3, 2026 Results on Feb 13, 2026 Watami Co., Ltd. announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: JP¥30.28 (vs JP¥12.60 loss in 2Q 2025) Second quarter 2026 results: EPS: JP¥30.28 (up from JP¥12.60 loss in 2Q 2025). Revenue: JP¥22.6b (up 2.9% from 2Q 2025). Net income: JP¥1.21b (up JP¥1.72b from 2Q 2025). Profit margin: 5.4% (up from net loss in 2Q 2025). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 14
Dividend of JP¥10.00 announced Dividend of JP¥10.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.1%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 68% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 03
Watami Co., Ltd. to Report Q2, 2026 Results on Nov 12, 2025 Watami Co., Ltd. announced that they will report Q2, 2026 results on Nov 12, 2025 Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: JP¥12.56 (vs JP¥42.45 in 1Q 2025) First quarter 2026 results: EPS: JP¥12.56 (down from JP¥42.45 in 1Q 2025). Revenue: JP¥22.1b (up 3.3% from 1Q 2025). Net income: JP¥503.0m (down 70% from 1Q 2025). Profit margin: 2.3% (down from 7.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 05
Full year 2025 earnings released: EPS: JP¥87.90 (vs JP¥92.65 in FY 2024) Full year 2025 results: EPS: JP¥87.90 (down from JP¥92.65 in FY 2024). Revenue: JP¥88.7b (up 7.8% from FY 2024). Net income: JP¥3.52b (down 5.1% from FY 2024). Profit margin: 4.0% (down from 4.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jun 27
Watami Co., Ltd. to Report Q1, 2026 Results on Aug 15, 2025 Watami Co., Ltd. announced that they will report Q1, 2026 results on Aug 15, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: JP¥87.90 (vs JP¥92.65 in FY 2024) Full year 2025 results: EPS: JP¥87.90 (down from JP¥92.65 in FY 2024). Revenue: JP¥88.7b (up 7.8% from FY 2024). Net income: JP¥3.52b (down 5.1% from FY 2024). Profit margin: 4.0% (down from 4.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 14
Now 20% undervalued Over the last 90 days, the stock has risen 8.8% to JP¥1,030. The fair value is estimated to be JP¥1,296, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Meanwhile, the company has become profitable. Announcement • May 13
Watami Co., Ltd., Annual General Meeting, Jun 29, 2025 Watami Co., Ltd., Annual General Meeting, Jun 29, 2025. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥1,126, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total returns to shareholders of 25% over the past three years. Buy Or Sell Opportunity • Apr 04
Now 22% undervalued Over the last 90 days, the stock has risen 1.8% to JP¥992. The fair value is estimated to be JP¥1,272, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Mar 27
Watami Co., Ltd. to Report Fiscal Year 2025 Results on May 13, 2025 Watami Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 24 June 2025. Payout ratio is a comfortable 9.1% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Reported Earnings • Feb 17
Third quarter 2025 earnings released: EPS: JP¥69.63 (vs JP¥12.28 in 3Q 2024) Third quarter 2025 results: EPS: JP¥69.63 (up from JP¥12.28 in 3Q 2024). Revenue: JP¥22.7b (up 2.2% from 3Q 2024). Net income: JP¥2.79b (up 467% from 3Q 2024). Profit margin: 12% (up from 2.2% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Nov 30
Watami Co., Ltd. to Report Q3, 2025 Results on Feb 14, 2025 Watami Co., Ltd. announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,069, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 21x in the Hospitality industry in Japan. Total returns to shareholders of 9.3% over the past three years. Announcement • Oct 25
Watami Co., Ltd. (TSE:7522) acquired Subway Japan Inc. from Subway International B.V. Watami Co., Ltd. (TSE:7522) acquired Subway Japan Inc. from Subway International B.V. on October 25, 2024.
Watami Co., Ltd. (TSE:7522) completed the acquisition of Subway Japan Inc. from Subway International B.V. on October 25, 2024. Buy Or Sell Opportunity • Oct 22
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at JP¥937. The fair value is estimated to be JP¥1,181, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: JP¥42.45 (vs JP¥44.57 in 1Q 2024) First quarter 2025 results: EPS: JP¥42.45 (down from JP¥44.57 in 1Q 2024). Revenue: JP¥21.4b (up 8.8% from 1Q 2024). Net income: JP¥1.70b (down 4.5% from 1Q 2024). Profit margin: 7.9% (down from 9.0% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Jun 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company. Reported Earnings • Jun 28
Full year 2024 earnings released: EPS: JP¥105 (vs JP¥41.26 in FY 2023) Full year 2024 results: EPS: JP¥105 (up from JP¥41.26 in FY 2023). Revenue: JP¥82.3b (up 5.6% from FY 2023). Net income: JP¥4.19b (up 150% from FY 2023). Profit margin: 5.1% (up from 2.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jun 28
Watami Co., Ltd. to Report Q1, 2025 Results on Aug 09, 2024 Watami Co., Ltd. announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥105 (vs JP¥41.26 in FY 2023) Full year 2024 results: EPS: JP¥105 (up from JP¥41.26 in FY 2023). Revenue: JP¥82.3b (up 5.6% from FY 2023). Net income: JP¥4.19b (up 150% from FY 2023). Profit margin: 5.1% (up from 2.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 15
Watami Co., Ltd., Annual General Meeting, Jun 23, 2024 Watami Co., Ltd., Annual General Meeting, Jun 23, 2024. Announcement • Apr 08
Watami Co., Ltd. (TSE:7522) entered into asset purchase agreement to acquire Assets of Sonny Sushi for $4 million. Watami Co., Ltd. (TSE:7522) entered into asset purchase agreement to acquire Assets of Sonny Sushi for $4 million on April 6, 2024. The acquisition funds will be funded by borrowings from financial institutions and paid in a lump sum with cash on hand. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥7.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.6%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥21.28 (vs JP¥32.87 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥21.28 (up from JP¥32.87 loss in 3Q 2023). Revenue: JP¥22.2b (up 11% from 3Q 2023). Net income: JP¥853.0m (up JP¥2.19b from 3Q 2023). Profit margin: 3.8% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 29
Watami Co., Ltd. to Report Q3, 2024 Results on Feb 09, 2024 Watami Co., Ltd. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: JP¥25.40 (vs JP¥57.77 in 2Q 2023) Second quarter 2024 results: EPS: JP¥25.40 (down from JP¥57.77 in 2Q 2023). Revenue: JP¥20.6b (down 2.7% from 2Q 2023). Net income: JP¥1.02b (down 57% from 2Q 2023). Profit margin: 4.9% (down from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Oct 31
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 5.4% 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 (5.4% average weekly change). Large one-off items impacting financial results. Announcement • Sep 17
Watami Co., Ltd. to Report Q2, 2024 Results on Nov 14, 2023 Watami Co., Ltd. announced that they will report Q2, 2024 results on Nov 14, 2023 Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥1,029, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 32x in the Hospitality industry in Japan. Total returns to shareholders of 14% over the past three years. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: JP¥44.57 (vs JP¥21.74 in 1Q 2023) First quarter 2024 results: EPS: JP¥44.57 (up from JP¥21.74 in 1Q 2023). Revenue: JP¥19.7b (up 10% from 1Q 2023). Net income: JP¥1.78b (up 102% from 1Q 2023). Profit margin: 9.0% (up from 4.9% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jul 25
Watami Co., Ltd. announced that it expects to receive ¥89.3 million in funding from S Foods Inc. Watami Co., Ltd. announced a private placement to issue 100,000 common shares at an issue price of ¥893 per share for gross proceeds of ¥89,300,000 on July 24, 2023. The transaction will include participation from new investor, S Foods Inc. The transaction has been approved by the board of directors of the company. The company is raising funds through third-party allotment. The company is expected to close the transaction on August 9, 2023. Announcement • Jun 29
Watami Co., Ltd. to Report Q1, 2024 Results on Aug 10, 2023 Watami Co., Ltd. announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 17
Full year 2023 earnings released: EPS: JP¥41.26 (vs JP¥45.48 loss in FY 2022) Full year 2023 results: EPS: JP¥41.26 (up from JP¥45.48 loss in FY 2022). Revenue: JP¥77.9b (up 21% from FY 2022). Net income: JP¥1.67b (up JP¥3.52b from FY 2022). Profit margin: 2.1% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 14
Watami Co., Ltd., Annual General Meeting, Jun 23, 2023 Watami Co., Ltd., Annual General Meeting, Jun 23, 2023. Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥32.87 loss per share (vs JP¥42.97 profit in 3Q 2022) Third quarter 2023 results: JP¥32.87 loss per share (down from JP¥42.97 profit in 3Q 2022). Revenue: JP¥20.1b (up 11% from 3Q 2022). Net loss: JP¥1.34b (down 177% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Dec 28
Watami Co., Ltd. to Report Q3, 2023 Results on Feb 10, 2023 Watami Co., Ltd. announced that they will report Q3, 2023 results on Feb 10, 2023 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. 6 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). External Auditor Shigeo Nakanishi was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥57.77 (vs JP¥33.80 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥57.77 (up from JP¥33.80 loss in 2Q 2022). Revenue: JP¥21.2b (up 45% from 2Q 2022). Net income: JP¥2.35b (up JP¥3.72b from 2Q 2022). Profit margin: 11% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Sep 28
Watami Co., Ltd. to Report Q2, 2023 Results on Nov 11, 2022 Watami Co., Ltd. announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: JP¥21.74 (vs JP¥43.36 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥21.74 (up from JP¥43.36 loss in 1Q 2022). Revenue: JP¥17.8b (up 28% from 1Q 2022). Net income: JP¥882.0m (up JP¥2.64b from 1Q 2022). Profit margin: 4.9% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Watami Co., Ltd. to Report Q1, 2023 Results on Aug 12, 2022 Watami Co., Ltd. announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 19
Full year 2022 earnings released: JP¥45.48 loss per share (vs JP¥293 loss in FY 2021) Full year 2022 results: JP¥45.48 loss per share (up from JP¥293 loss in FY 2021). Revenue: JP¥64.4b (up 5.8% from FY 2021). Net loss: JP¥1.84b (loss narrowed 84% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • May 15
Watami Co., Ltd., Annual General Meeting, Jun 26, 2022 Watami Co., Ltd., Annual General Meeting, Jun 26, 2022. 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. 7 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). External Auditor Shigeo Nakanishi was the last director to join the board, commencing their role in 2014. 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
Watami Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Watami Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥49.00 (up from JP¥35.01 loss in 3Q 2021). Revenue: JP¥18.1b (up 1.0% from 3Q 2021). Net income: JP¥1.99b (up JP¥3.37b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Second quarter 2022 earnings released: JP¥30.75 loss per share (vs JP¥66.01 loss in 2Q 2021) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥14.6b (down 7.9% from 2Q 2021). Net loss: JP¥1.25b (loss narrowed 52% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • May 25
Watami Co., Ltd. announced that it expects to receive ¥12 billion in funding Watami Co., Ltd. (TSE:7522) announced a private placement of 120 Class A Preferred Shares at a price of ¥100,000,000 per share for gross proceeds of ¥12,000,000,000 on May 24, 2021. The transaction will include participation from new investor DBJ Food and Beverage Support Fund L.P. through third-party allotment. The transaction has been approved in the board of directors meeting and is subject to approval in the Ordinary General Meeting of Shareholders to be held on June 27, 2021. The company will receive net proceeds of ¥11,898,000,000 in the transaction. The payment date is on June 28, 2021. Announcement • Mar 23
Watami Co., Ltd. announced that it has received ¥1.0000962 billion in funding from Arete Ltd. On March 22, 2021, Watami Co., Ltd. (TSE:7522) closed the transaction. Announcement • Mar 06
Watami Co., Ltd. announced that it expects to receive ¥1.0000962 billion in funding from Arete Ltd. Watami Co., Ltd. (TSE:7522) announced a private placement of 998,100 shares for ¥1,002 per share for gross proceeds of ¥1,000,096,200 on March 5, 2021. The transaction will include participation from returning investor Arete Ltd. increasing its stake from 26.47% to 28.28% after completion. The company will issue shares by method of third-party allocation. The company will receive net proceeds of ¥996,096,200 in the transaction. Is New 90 Day High Low • Feb 24
New 90-day high: JP¥1,044 The company is up 16% from its price of JP¥900 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 6.0% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: JP¥35.01 loss per share (vs JP¥5.36 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥17.9b (down 27% from 3Q 2020). Net loss: JP¥1.38b (down JP¥1.60b from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 04
New 90-day low: JP¥828 The company is down 23% from its price of JP¥1,076 on 06 October 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 6.0% over the same period. Is New 90 Day High Low • Dec 14
New 90-day low: JP¥886 The company is down 16% from its price of JP¥1,055 on 15 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 11% over the same period. Announcement • Nov 14
Watami Co., Ltd. to Report Q2, 2021 Results on Nov 13, 2020 Watami Co., Ltd. announced that they will report Q2, 2021 results on Nov 13, 2020