Reported Earnings • Jun 19
Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2026 results: EPS: JP¥109 (up from JP¥96.18 in FY 2025). Revenue: JP¥53.5b (up 2.5% from FY 2025). Net income: JP¥5.80b (up 14% from FY 2025). Profit margin: 11% (up from 9.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 1.7%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Hospitality 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 22% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,400, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Hospitality industry in Japan. Total loss to shareholders of 52% over the past three years. Announcement • Jun 09
Fuji Kyuko Co., Ltd. to Report Q1, 2027 Results on Aug 05, 2026 Fuji Kyuko Co., Ltd. announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • May 18
Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2026 results: EPS: JP¥109 (up from JP¥96.18 in FY 2025). Revenue: JP¥53.5b (up 2.5% from FY 2025). Net income: JP¥5.80b (up 14% from FY 2025). Profit margin: 11% (up from 9.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 1.7%. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 8.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • May 13
Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 17, 2026 Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 17, 2026. Announcement • May 10
Fuji Kyuko Co., Ltd. to Report Fiscal Year 2026 Results on May 13, 2026 Fuji Kyuko Co., Ltd. announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 19 June 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (0.9%). Buy Or Sell Opportunity • Feb 12
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at JP¥2,211. The fair value is estimated to be JP¥1,841, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: JP¥31.40 (vs JP¥32.35 in 3Q 2025) Third quarter 2026 results: EPS: JP¥31.40 (down from JP¥32.35 in 3Q 2025). Revenue: JP¥14.1b (up 3.6% from 3Q 2025). Net income: JP¥1.67b (down 2.9% from 3Q 2025). Profit margin: 12% (in line with 3Q 2025). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Price Target Changed • Feb 05
Price target decreased by 8.5% to JP¥4,300 Down from JP¥4,700, the current price target is provided by 1 analyst. New target price is 105% above last closing price of JP¥2,102. Stock is down 17% over the past year. The company is forecast to post earnings per share of JP¥104 for next year compared to JP¥96.18 last year. Declared Dividend • Jan 08
Dividend of JP¥30.00 announced Shareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 19th June 2026 Dividend yield will be 1.4%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 07
Fuji Kyuko Co., Ltd. announces Annual dividend, payable on June 19, 2026 Fuji Kyuko Co., Ltd. announced Annual dividend of JPY 30.0000 per share payable on June 19, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Announcement • Dec 13
Fuji Kyuko Co., Ltd. to Report Q3, 2026 Results on Feb 04, 2026 Fuji Kyuko Co., Ltd. announced that they will report Q3, 2026 results on Feb 04, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: JP¥33.35 (vs JP¥26.35 in 2Q 2025) Second quarter 2026 results: EPS: JP¥33.35 (up from JP¥26.35 in 2Q 2025). Revenue: JP¥14.3b (up 5.0% from 2Q 2025). Net income: JP¥1.77b (up 27% from 2Q 2025). Profit margin: 12% (up from 10% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality 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 fallen by 22% per year, which means it is significantly lagging earnings. New Risk • Nov 06
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: Minor Risks High level of debt (83% net debt to equity). Share price has been volatile over the past 3 months (5.7% average weekly change). Announcement • Sep 11
Fuji Kyuko Co., Ltd. to Report Q2, 2026 Results on Nov 05, 2025 Fuji Kyuko Co., Ltd. announced that they will report Q2, 2026 results on Nov 05, 2025 Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,401, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Hospitality industry in Japan. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,356 per share. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: JP¥20.21 (vs JP¥23.92 in 1Q 2025) First quarter 2026 results: EPS: JP¥20.21 (down from JP¥23.92 in 1Q 2025). Revenue: JP¥12.3b (flat on 1Q 2025). Net income: JP¥1.07b (down 16% from 1Q 2025). Profit margin: 8.7% (down from 10% in 1Q 2025). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 20
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥96.18 (up from JP¥86.09 in FY 2024). Revenue: JP¥52.2b (up 3.0% from FY 2024). Net income: JP¥5.11b (up 12% from FY 2024). Profit margin: 9.8% (in line with FY 2024). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 7.6%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Jun 06
Fuji Kyuko Co., Ltd. to Report Q1, 2026 Results on Aug 06, 2025 Fuji Kyuko Co., Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • May 09
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥96.18 (up from JP¥86.09 in FY 2024). Revenue: JP¥52.2b (up 3.0% from FY 2024). Net income: JP¥5.11b (up 12% from FY 2024). Profit margin: 9.8% (in line with FY 2024). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 7.6%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • May 08
Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 18, 2025 Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 18, 2025. New Risk • Apr 07
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. Currently, the following risks have been identified for the company: Minor Risks High level of debt (89% net debt to equity). Share price has been volatile over the past 3 months (5.6% average weekly change). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥29.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (0.8%). Price Target Changed • Mar 14
Price target decreased by 7.4% to JP¥5,000 Down from JP¥5,400, the current price target is provided by 1 analyst. New target price is 126% above last closing price of JP¥2,210. Stock is down 43% over the past year. The company is forecast to post earnings per share of JP¥89.38 for next year compared to JP¥86.09 last year. Announcement • Mar 06
Fuji Kyuko Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025 Fuji Kyuko Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025 New Risk • Feb 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 89% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: JP¥32.36 (vs JP¥28.68 in 3Q 2024) Third quarter 2025 results: EPS: JP¥32.36 (up from JP¥28.68 in 3Q 2024). Revenue: JP¥13.6b (up 3.9% from 3Q 2024). Net income: JP¥1.72b (up 13% from 3Q 2024). Profit margin: 13% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Declared Dividend • Jan 06
Dividend of JP¥29.00 announced Shareholders will receive a dividend of JP¥29.00. Ex-date: 28th March 2025 Payment date: 20th June 2025 Dividend yield will be 1.3%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 04
Fuji Kyuko Co., Ltd. to Report Q3, 2025 Results on Feb 05, 2025 Fuji Kyuko Co., Ltd. announced that they will report Q3, 2025 results on Feb 05, 2025 Major Estimate Revision • Nov 27
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from JP¥54.7b to JP¥53.2b. EPS estimate also fell from JP¥100 per share to JP¥86.88 per share. Net income forecast to grow 26% next year vs 13% growth forecast for Hospitality industry in Japan. Consensus price target of JP¥5,200 unchanged from last update. Share price was steady at JP¥2,341 over the past week. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: JP¥26.35 (vs JP¥43.99 in 2Q 2024) Second quarter 2025 results: EPS: JP¥26.35 (down from JP¥43.99 in 2Q 2024). Revenue: JP¥13.6b (down 7.2% from 2Q 2024). Net income: JP¥1.40b (down 40% from 2Q 2024). Profit margin: 10% (down from 16% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Sep 26
Now 20% overvalued Over the last 90 days, the stock has fallen 13% to JP¥2,789. The fair value is estimated to be JP¥2,318, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. Announcement • Sep 23
Fuji Kyuko Co., Ltd.(TSE:9010) dropped from FTSE All-World Index (USD) Fuji Kyuko Co., Ltd.(TSE:9010) dropped from FTSE All-World Index (USD) Announcement • Aug 30
Fuji Kyuko Co., Ltd. to Report Q2, 2025 Results on Nov 06, 2024 Fuji Kyuko Co., Ltd. announced that they will report Q2, 2025 results on Nov 06, 2024 Buy Or Sell Opportunity • Aug 24
Now 20% overvalued Over the last 90 days, the stock has fallen 8.3% to JP¥2,819. The fair value is estimated to be JP¥2,342, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. Reported Earnings • Aug 12
First quarter 2025 earnings released: EPS: JP¥23.92 (vs JP¥15.86 in 1Q 2024) First quarter 2025 results: EPS: JP¥23.92 (up from JP¥15.86 in 1Q 2024). Revenue: JP¥12.2b (up 8.5% from 1Q 2024). Net income: JP¥1.27b (up 51% from 1Q 2024). Profit margin: 10% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to JP¥2,544, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Hospitality industry in Japan. Total loss to shareholders of 44% over the past three years. Reported Earnings • Jun 25
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥86.09 (up from JP¥43.65 in FY 2023). Revenue: JP¥50.7b (up 18% from FY 2023). Net income: JP¥4.57b (up 97% from FY 2023). Profit margin: 9.0% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Fuji Kyuko Co., Ltd. to Report Q1, 2025 Results on Aug 07, 2024 Fuji Kyuko Co., Ltd. announced that they will report Q1, 2025 results on Aug 07, 2024 Announcement • May 10
Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 19, 2024 Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 19, 2024. Reported Earnings • May 09
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥86.09 (up from JP¥43.65 in FY 2023). Revenue: JP¥50.7b (up 18% from FY 2023). Net income: JP¥4.57b (up 97% from FY 2023). Profit margin: 9.0% (up from 5.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (0.6%). Announcement • Mar 02
Fuji Kyuko Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024 Fuji Kyuko Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024 New Risk • Feb 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 are forecast to decline by an average of 3.0% per year for the foreseeable future. Minor Risk High level of debt (109% net debt to equity). Buy Or Sell Opportunity • Feb 08
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.0% to JP¥4,005. The fair value is estimated to be JP¥5,379, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to decline by 4.4% in the next 2 years. Buying Opportunity • Dec 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be JP¥4,886, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to decline by 4.4% in the next 2 years. Announcement • Nov 29
Fuji Kyuko Co., Ltd. to Report Q3, 2024 Results on Feb 07, 2024 Fuji Kyuko Co., Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024 Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: JP¥43.99 (vs JP¥23.13 in 2Q 2023) Second quarter 2024 results: EPS: JP¥43.99 (up from JP¥23.13 in 2Q 2023). Revenue: JP¥14.6b (up 27% from 2Q 2023). Net income: JP¥2.34b (up 90% from 2Q 2023). Profit margin: 16% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Sep 06
Fuji Kyuko Co., Ltd. to Report Q2, 2024 Results on Nov 01, 2023 Fuji Kyuko Co., Ltd. announced that they will report Q2, 2024 results on Nov 01, 2023 Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: JP¥15.87 (vs JP¥5.41 loss in 1Q 2023) First quarter 2024 results: EPS: JP¥15.87 (up from JP¥5.41 loss in 1Q 2023). Revenue: JP¥11.3b (up 24% from 1Q 2023). Net income: JP¥842.5m (up JP¥1.13b from 1Q 2023). Profit margin: 7.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 28
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: JP¥43.65 (up from JP¥7.08 in FY 2022). Revenue: JP¥42.9b (up 22% from FY 2022). Net income: JP¥2.32b (up JP¥1.94b from FY 2022). Profit margin: 5.4% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jun 02
Fuji Kyuko Co., Ltd. to Report Q1, 2024 Results on Aug 02, 2023 Fuji Kyuko Co., Ltd. announced that they will report Q1, 2024 results on Aug 02, 2023 Reported Earnings • May 12
Full year 2023 earnings released: EPS: JP¥43.65 (vs JP¥7.08 in FY 2022) Full year 2023 results: EPS: JP¥43.65 (up from JP¥7.08 in FY 2022). Revenue: JP¥42.9b (up 22% from FY 2022). Net income: JP¥2.32b (up JP¥1.94b from FY 2022). Profit margin: 5.4% (up from 1.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Hospitality industry in Japan. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • May 11
Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 21, 2023 Fuji Kyuko Co., Ltd., Annual General Meeting, Jun 21, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥12.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (0.5%). Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: JP¥15.65 (vs JP¥7.38 in 3Q 2022) Third quarter 2023 results: EPS: JP¥15.65 (up from JP¥7.38 in 3Q 2022). Revenue: JP¥11.3b (up 14% from 3Q 2022). Net income: JP¥831.0m (up 112% from 3Q 2022). Profit margin: 7.4% (up from 4.0% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 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 • Feb 09
Fuji Kyuko Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 Fuji Kyuko Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expects operating revenues to be JPY 41,640 million, operating profit to be JPY 3,520 million, profit attributable to owners of parent to be JPY 1,450 million and basic earnings per share to be JPY 27.31. Announcement • Feb 08
Fuji Kyuko Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023 Fuji Kyuko Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the period, the company expects dividend to be JPY 12.00 per share compared to JPY 10.00 per share a year ago. Announcement • Dec 01
Fuji Kyuko Co., Ltd. to Report Q3, 2023 Results on Feb 08, 2023 Fuji Kyuko Co., Ltd. announced that they will report Q3, 2023 results on Feb 08, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: JP¥23.13 (vs JP¥12.11 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.13 (up from JP¥12.11 in 2Q 2022). Revenue: JP¥11.5b (up 21% from 2Q 2022). Net income: JP¥1.23b (up 91% from 2Q 2022). Profit margin: 11% (up from 6.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 fallen by 18% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent External Director Hiroshi Shimizu 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 04
Second quarter 2023 earnings released: EPS: JP¥23.13 (vs JP¥12.11 in 2Q 2022) Second quarter 2023 results: EPS: JP¥23.13 (up from JP¥12.11 in 2Q 2022). Revenue: JP¥11.5b (up 21% from 2Q 2022). Net income: JP¥1.23b (up 91% from 2Q 2022). Profit margin: 11% (up from 6.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% 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 fallen by 18% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 04
First quarter 2023 earnings released: JP¥5.41 loss per share (vs JP¥9.59 loss in 1Q 2022) First quarter 2023 results: JP¥5.41 loss per share (up from JP¥9.59 loss in 1Q 2022). Revenue: JP¥9.10b (up 23% from 1Q 2022). Net loss: JP¥287.0m (loss narrowed 44% from 1Q 2022). Over the next year, revenue is forecast to grow 18%, compared to a 38% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 47% 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. Major Estimate Revision • Jun 02
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥45.6b to JP¥41.7b. EPS estimate also fell from JP¥32.23 per share to JP¥27.75 per share. Net income forecast to grow 292% next year vs 0.5% decline forecast for Hospitality industry in Japan. Consensus price target of JP¥6,980 unchanged from last update. Share price was steady at JP¥4,020 over the past week. Reported Earnings • May 13
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥7.08 (up from JP¥52.46 loss in FY 2021). Revenue: JP¥35.1b (up 15% from FY 2021). Net income: JP¥376.0m (up JP¥3.16b from FY 2021). Profit margin: 1.1% (up from net loss in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 72%. Over the next year, revenue is forecast to grow 30%, compared to a 49% growth forecast for the restaurants industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 27
Price target increased to JP¥6,980 Up from JP¥6,500, the current price target is an average from 3 analysts. New target price is 74% above last closing price of JP¥4,005. Stock is down 24% over the past year. The company is forecast to post earnings per share of JP¥4.13 next year compared to a net loss per share of JP¥52.46 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent External Director Hiroshi Shimizu 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. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 21 June 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (0.4%). Reported Earnings • Feb 03
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥7.38 (down from JP¥10.77 in 3Q 2021). Revenue: JP¥9.86b (down 6.2% from 3Q 2021). Net income: JP¥392.0m (down 32% from 3Q 2021). Profit margin: 4.0% (down from 5.4% in 3Q 2021). Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 31%, compared to a 66% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS JP¥12.11 (vs JP¥1.75 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥9.52b (up 3.7% from 2Q 2021). Net income: JP¥643.0m (up JP¥550.0m from 2Q 2021). Profit margin: 6.8% (up from 1.0% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 26
Full year 2021 earnings released: JP¥52.46 loss per share (vs JP¥29.77 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥30.5b (down 42% from FY 2020). Net loss: JP¥2.79b (down 276% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
Full year 2021 earnings released: JP¥52.46 loss per share (vs JP¥29.77 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥30.5b (down 42% from FY 2020). Net loss: JP¥2.79b (down 276% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥6.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 18 June 2021. Trailing yield: 0.2%. Lower than top quartile of Japanese dividend payers (2.7%). Lower than average of industry peers (0.5%). Is New 90 Day High Low • Mar 16
New 90-day high: JP¥6,000 The company is up 32% from a price of JP¥4,545 on 16 December 2020. Outperformed the Japanese market which is up 10.0% over the last 90 days. Exceeded the Hospitality industry, which is up 4.0% over the same period. Reported Earnings • Feb 05
Third quarter 2021 earnings released: EPS JP¥10.77 (vs JP¥2.37 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥10.5b (down 15% from 3Q 2020). Net income: JP¥572.0m (up JP¥698.0m from 3Q 2020). Profit margin: 5.4% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 05
Revenue and earnings miss expectations Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 28%, compared to a 42% growth forecast for the Hospitality industry in Japan. Is New 90 Day High Low • Feb 03
New 90-day high: JP¥5,290 The company is up 13% from its price of JP¥4,670 on 05 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥2,266 per share. Announcement • Dec 03
Fuji Kyuko Co., Ltd. to Report Q3, 2021 Results on Feb 03, 2021 Fuji Kyuko Co., Ltd. announced that they will report Q3, 2021 results on Feb 03, 2021 Announcement • Sep 03
Fuji Kyuko Co., Ltd. to Report Q2, 2021 Results on Nov 04, 2020 Fuji Kyuko Co., Ltd. announced that they will report Q2, 2021 results on Nov 04, 2020