Announcement • May 13
Kourakuen Corporation, Annual General Meeting, Jun 18, 2026 Kourakuen Corporation, Annual General Meeting, Jun 18, 2026. Announcement • May 10
Kourakuen Corporation to Report Fiscal Year 2026 Results on May 13, 2026 Kourakuen Corporation announced that they will report fiscal year 2026 results on May 13, 2026 Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: JP¥10.20 (vs JP¥10.56 in 3Q 2024) Third quarter 2025 results: EPS: JP¥10.20 (down from JP¥10.56 in 3Q 2024). Net income: JP¥163.1m (down 1.7% from 3Q 2024). Announcement • Dec 25
Kourakuen Corporation to Report Q3, 2026 Results on Feb 10, 2026 Kourakuen Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 New Risk • Nov 15
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2024 fiscal period end). Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). Announcement • Sep 25
Kourakuen Corporation to Report Q2, 2026 Results on Nov 12, 2025 Kourakuen Corporation announced that they will report Q2, 2026 results on Nov 12, 2025 Announcement • Jun 25
Kourakuen Corporation to Report Q1, 2026 Results on Aug 07, 2025 Kourakuen Corporation announced that they will report Q1, 2026 results on Aug 07, 2025 Announcement • Jun 20
Kourakuen Corporation Announces Board Changes, Effective June 19, 2025 KOURAKUEN CORPORATION announced that the 55th Annual General Meeting of Shareholders held on June 19, 2025, and the subsequent Board of Directors' resolution have officially decided on the new management structure effective June 19, 2025. Masahiko Haga has been promoted to Executive Managing Director and Senior General Manager of Sales and Marketing Division. Atsushi Sano has been promoted to Executive Director and General Manager of President's Office. Masahiko Kano has been newly appointed as Director, Deputy Senior General Manager of Sales and Marketing Division, General Manager of 1st Store Management Department, and Store Management Planning Department. Masahiro Hoshino has been newly appointed as an Outside Director. New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Shareholders have been diluted in the past year (22% increase in shares outstanding). Announcement • Mar 25
Kourakuen Corporation to Report Fiscal Year 2025 Results on May 12, 2025 Kourakuen Corporation announced that they will report fiscal year 2025 results on May 12, 2025 New Risk • Jan 22
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 (5.9% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Jan 03
Kourakuen Corporation to Report Q3, 2025 Results on Feb 12, 2025 Kourakuen Corporation announced that they will report Q3, 2025 results on Feb 12, 2025 Buy Or Sell Opportunity • Dec 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥1,029. The fair value is estimated to be JP¥1,308, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥1,083, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 22x in the Hospitality industry in Japan. Total loss to shareholders of 26% over the past three years. Announcement • Dec 11
Kourakuen Corporation has filed a Follow-on Equity Offering in the amount of ¥3.678543 billion. Kourakuen Corporation has filed a Follow-on Equity Offering in the amount of ¥3.678543 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,033,700
Price\Range: ¥1212.56 New Risk • Dec 10
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 5.6% 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. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: JP¥25.00 (vs JP¥15.54 in 2Q 2024) Second quarter 2025 results: EPS: JP¥25.00 (up from JP¥15.54 in 2Q 2024). Revenue: JP¥7.13b (up 3.7% from 2Q 2024). Net income: JP¥393.0m (up 63% from 2Q 2024). Profit margin: 5.5% (up from 3.5% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Sep 25
Kourakuen Holdings Corporation to Report Q2, 2025 Results on Nov 11, 2024 Kourakuen Holdings Corporation announced that they will report Q2, 2025 results on Nov 11, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: JP¥7.57 (vs JP¥32.82 loss in 1Q 2024) First quarter 2025 results: EPS: JP¥7.57 (up from JP¥32.82 loss in 1Q 2024). Revenue: JP¥6.58b (up 6.3% from 1Q 2024). Net income: JP¥119.0m (up JP¥613.0m from 1Q 2024). Profit margin: 1.8% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 41% 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 • Jun 28
Full year 2024 earnings released: EPS: JP¥6.07 (vs JP¥190 loss in FY 2023) Full year 2024 results: EPS: JP¥6.07 (up from JP¥190 loss in FY 2023). Revenue: JP¥26.8b (up 5.3% from FY 2023). Net income: JP¥94.0m (up JP¥2.95b from FY 2023). Profit margin: 0.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jun 26
Kourakuen Holdings Corporation to Report Q1, 2025 Results on Aug 08, 2024 Kourakuen Holdings Corporation announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥6.07 (vs JP¥190 loss in FY 2023) Full year 2024 results: EPS: JP¥6.07 (up from JP¥190 loss in FY 2023). Revenue: JP¥26.8b (up 5.3% from FY 2023). Net income: JP¥94.0m (up JP¥2.95b from FY 2023). Profit margin: 0.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • May 15
Kourakuen Holdings Corporation, Annual General Meeting, Jun 21, 2024 Kourakuen Holdings Corporation, Annual General Meeting, Jun 21, 2024. Announcement • Mar 24
Kourakuen Holdings Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Kourakuen Holdings Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: JP¥10.56 (vs JP¥37.34 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥10.56 (up from JP¥37.34 loss in 3Q 2023). Revenue: JP¥6.85b (up 4.4% from 3Q 2023). Net income: JP¥166.0m (up JP¥728.0m from 3Q 2023). Profit margin: 2.4% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Dec 24
Kourakuen Holdings Corporation to Report Q3, 2024 Results on Feb 08, 2024 Kourakuen Holdings Corporation announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥15.54 (vs JP¥70.30 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥15.54 (up from JP¥70.30 loss in 2Q 2023). Revenue: JP¥6.87b (up 6.4% from 2Q 2023). Net income: JP¥241.0m (up JP¥1.30b from 2Q 2023). Profit margin: 3.5% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Sep 24
Kourakuen Holdings Corporation to Report Q2, 2024 Results on Nov 10, 2023 Kourakuen Holdings Corporation announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 Risk Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Reported Earnings • Aug 12
First quarter 2024 earnings released: JP¥32.82 loss per share (vs JP¥0.86 loss in 1Q 2023) First quarter 2024 results: JP¥32.82 loss per share (further deteriorated from JP¥0.86 loss in 1Q 2023). Revenue: JP¥6.19b (flat on 1Q 2023). Net loss: JP¥494.0m (loss widened JP¥481.0m from 1Q 2023). 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 15% per year, which means it has not declined as severely as earnings. New Risk • Aug 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.5% 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. This is currently the only risk that has been identified for the company. Announcement • Jul 13
Kourakuen Holdings Corporation announced that it expects to receive ¥680.373 million in funding from a group of investors Kourakuen Holdings Corporation announced a private placement of 669,000 shares at an issue price of ¥1,017 per share for proceeds of ¥680,373,000 on July 12, 2023. The transaction is expected to close on July 31, 2023. The transaction was approved by the board of directors of the company. The transaction will include participation from new investors ARIAKE JAPAN Co., Ltd. for 294,900 shares, Nn Asset Management Co., Ltd. for 196,600 shares, yamamori inc. for 98,300 shares, Asahi Group Holdings, Ltd. for 29,400 shares, Mikuro Co., Ltd. for 30,000 shares, Hanamaruki Foods Inc. for 9,800 shares, Tamanoi Vinegar Corporation for 5,000 shares and Tsutomu Harino for 5,000 shares. The company will receive net proceeds of ¥674,338,000. Reported Earnings • Jun 28
Full year 2023 earnings released: JP¥190 loss per share (vs JP¥24.87 profit in FY 2022) Full year 2023 results: JP¥190 loss per share (down from JP¥24.87 profit in FY 2022). Revenue: JP¥25.5b (up 1.8% from FY 2022). Net loss: JP¥2.86b (down JP¥3.23b from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Announcement • Jun 22
Kourakuen Holdings Corporation to Report Q1, 2024 Results on Aug 10, 2023 Kourakuen Holdings Corporation announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 18
Full year 2023 earnings released: JP¥190 loss per share (vs JP¥24.87 profit in FY 2022) Full year 2023 results: JP¥190 loss per share (down from JP¥24.87 profit in FY 2022). Revenue: JP¥25.5b (up 1.8% from FY 2022). Net loss: JP¥2.86b (down JP¥3.23b from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 12
Third quarter 2023 earnings released: JP¥37.34 loss per share (vs JP¥34.04 profit in 3Q 2022) Third quarter 2023 results: JP¥37.34 loss per share (down from JP¥34.04 profit in 3Q 2022). Revenue: JP¥6.56b (down 2.0% from 3Q 2022). Net loss: JP¥562.0m (down 210% from profit in 3Q 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Dec 17
Kourakuen Holdings Corporation to Report Q3, 2023 Results on Feb 08, 2023 Kourakuen Holdings Corporation announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Kanako Iwase was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥70.30 loss per share (vs JP¥26.26 profit in 2Q 2022) Second quarter 2023 results: JP¥70.30 loss per share (down from JP¥26.26 profit in 2Q 2022). Revenue: JP¥6.46b (up 3.6% from 2Q 2022). Net loss: JP¥1.06b (down 368% from profit in 2Q 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality 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 fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Nov 06
Kourakuen Holdings Corporation to Report Q2, 2023 Results on Nov 11, 2022 Kourakuen Holdings Corporation announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 05
First quarter 2023 earnings released: JP¥0.86 loss per share (vs JP¥3.59 loss in 1Q 2022) First quarter 2023 results: JP¥0.86 loss per share (up from JP¥3.59 loss in 1Q 2022). Revenue: JP¥6.22b (flat on 1Q 2022). Net loss: JP¥13.0m (loss narrowed 76% from 1Q 2022). Over the next year, revenue is forecast to grow 13%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Kourakuen Holdings Corporation to Report Q1, 2023 Results on Aug 12, 2022 Kourakuen Holdings Corporation announced that they will report Q1, 2023 results on Aug 12, 2022 Reported Earnings • May 19
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥24.87 (up from JP¥55.95 loss in FY 2021). Revenue: JP¥25.0b (down 5.8% from FY 2021). Net income: JP¥374.0m (up JP¥1.22b from FY 2021). Profit margin: 1.5% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 14%, compared to a 49% growth forecast for the restaurants industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • May 18
Kourakuen Holdings Corporation, Annual General Meeting, Jun 24, 2022 Kourakuen Holdings Corporation, Annual General Meeting, Jun 24, 2022. Board Change • Apr 27
No independent directors There are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. 1 highly experienced director. No independent directors (5 non-independent directors). MD & Director Hideo Watanabe is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Apr 08
Kourakuen Holdings Corporation to Report Fiscal Year 2022 Results on May 11, 2022 Kourakuen Holdings Corporation announced that they will report fiscal year 2022 results on May 11, 2022 Reported Earnings • Feb 17
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥34.04 (up from JP¥6.85 loss in 3Q 2021). Revenue: JP¥6.69b (down 7.3% from 3Q 2021). Net income: JP¥512.0m (up JP¥615.0m from 3Q 2021). Profit margin: 7.6% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 10.0%, compared to a 69% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥26.26 (vs JP¥13.44 loss in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥6.23b (down 15% from 2Q 2021). Net income: JP¥395.0m (up JP¥597.0m from 2Q 2021). Profit margin: 6.3% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year. Reported Earnings • Aug 06
First quarter 2022 earnings released: EPS JP¥1.86 (vs JP¥49.32 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥6.26b (up 11% from 1Q 2021). Net income: JP¥28.0m (up JP¥769.0m from 1Q 2021). Profit margin: 0.4% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 26
Full year 2021 earnings released: JP¥55.95 loss per share (vs JP¥45.01 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: JP¥26.6b (down 31% from FY 2020). Net loss: JP¥841.0m (loss widened 24% from FY 2020). Total stores: 466 (down by 16 from FY 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 10
New 90-day high: JP¥1,802 The company is up 3.0% from its price of JP¥1,747 on 10 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 Hospitality industry, which is up 4.0% over the same period. Announcement • Mar 04
Kourakuen Holdings Corporation to Report Fiscal Year 2021 Results on May 13, 2021 Kourakuen Holdings Corporation announced that they will report fiscal year 2021 results on May 13, 2021 Analyst Estimate Surprise Post Earnings • Feb 05
Revenue and earnings miss expectations Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 11%, compared to a 42% growth forecast for the Hospitality industry in Japan. Reported Earnings • Feb 05
Third quarter 2021 earnings released: JP¥6.85 loss per share (vs JP¥40.95 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥7.22b (down 19% from 3Q 2020). Net loss: JP¥103.0m (loss narrowed 83% from 3Q 2020). 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 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 28
New 90-day low: JP¥1,617 The company is down 12% from its price of JP¥1,845 on 29 September 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 4.0% over the same period. Announcement • Nov 29
Kourakuen Holdings Corporation to Report Q3, 2021 Results on Feb 03, 2021 Kourakuen Holdings Corporation announced that they will report Q3, 2021 results on Feb 03, 2021 Announcement • Jul 05
Kourakuen Holdings Corporation to Report Q1, 2021 Results on Aug 05, 2020 Kourakuen Holdings Corporation announced that they will report Q1, 2021 results on Aug 05, 2020 
