Announcement • Apr 21
Wellnet Corporation to Report Q3, 2026 Results on Apr 30, 2026 Wellnet Corporation announced that they will report Q3, 2026 results on Apr 30, 2026 Declared Dividend • Mar 08
First half dividend of JP¥17.50 announced Shareholders will receive a dividend of JP¥17.50. Ex-date: 29th June 2026 Payment date: 29th September 2026 Dividend yield will be 4.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (439% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 03
Second quarter 2026 earnings released: EPS: JP¥13.31 (vs JP¥14.48 in 2Q 2025) Second quarter 2026 results: EPS: JP¥13.31 (down from JP¥14.48 in 2Q 2025). Revenue: JP¥2.52b (down 9.6% from 2Q 2025). Net income: JP¥251.0m (down 6.9% from 2Q 2025). Profit margin: 10.0% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 06
Wellnet Corporation to Report Q2, 2026 Results on Jan 30, 2026 Wellnet Corporation announced that they will report Q2, 2026 results on Jan 30, 2026 Announcement • Oct 10
Wellnet Corporation to Report Q1, 2026 Results on Oct 30, 2025 Wellnet Corporation announced that they will report Q1, 2026 results on Oct 30, 2025 Announcement • Sep 02
Wellnet Corporation (TSE:2428) acquired an unknown minority stake in SouSou, Inc. for ¥15 million. Wellnet Corporation (TSE:2428) acquired an unknown minority stake in SouSou, Inc. for ¥15 million on August 31, 2025. A cash consideration of ¥15 million will be paid by Wellnet Corporation. As part of consideration, ¥15 million is paid towards common equity of SouSou, Inc.
Wellnet Corporation (TSE:2428) completed the acquisition of an unknown minority stake in SouSou, Inc. on August 31, 2025. Reported Earnings • Aug 12
Full year 2025 earnings released: EPS: JP¥57.56 (vs JP¥44.29 in FY 2024) Full year 2025 results: EPS: JP¥57.56 (up from JP¥44.29 in FY 2024). Revenue: JP¥10.9b (up 7.8% from FY 2024). Net income: JP¥1.08b (up 29% from FY 2024). Profit margin: 9.9% (up from 8.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Aug 08
Wellnet Corporation, Annual General Meeting, Sep 26, 2025 Wellnet Corporation, Annual General Meeting, Sep 26, 2025. Buy Or Sell Opportunity • Jul 10
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.6% to JP¥722. The fair value is estimated to be JP¥601, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 25%. Announcement • Jul 06
Wellnet Corporation to Report Fiscal Year 2025 Results on Aug 08, 2025 Wellnet Corporation announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on Aug 08, 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 38% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Japanese dividend payers (4.0%). In line with average of industry peers (3.7%). Buy Or Sell Opportunity • May 07
Now 21% overvalued Over the last 90 days, the stock has fallen 4.7% to JP¥715. The fair value is estimated to be JP¥593, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 24%. Announcement • Apr 18
Wellnet Corporation to Report Q3, 2025 Results on Apr 30, 2025 Wellnet Corporation announced that they will report Q3, 2025 results on Apr 30, 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 6.1% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥11.0b market cap, or US$75.4m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥589, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 11x in the Diversified Financial industry in Japan. Total returns to shareholders of 31% over the past three years. Reported Earnings • Feb 04
First half 2025 earnings released: EPS: JP¥30.13 (vs JP¥20.39 in 1H 2024) First half 2025 results: EPS: JP¥30.13 (up from JP¥20.39 in 1H 2024). Revenue: JP¥5.60b (up 14% from 1H 2024). Net income: JP¥563.6m (up 46% from 1H 2024). Profit margin: 10% (up from 7.9% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Declared Dividend • Feb 03
Dividend of JP¥26.46 announced Shareholders will receive a dividend of JP¥26.46. Ex-date: 27th June 2025 Payment date: 26th September 2025 Dividend yield will be 3.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 17
Wellnet Corporation to Report Q2, 2025 Results on Jan 31, 2025 Wellnet Corporation announced that they will report Q2, 2025 results on Jan 31, 2025 New Risk • Dec 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.0b (US$98.0m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (JP¥15.0b market cap, or US$98.0m). Board Change • Dec 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Yoshinori Urata 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. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to JP¥872, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 13x in the Diversified Financial industry in Japan. Total returns to shareholders of 90% over the past three years. Buy Or Sell Opportunity • Oct 31
Now 35% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to JP¥796. The fair value is estimated to be JP¥592, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 21%. Announcement • Oct 29
Wellnet Corporation to Report Q1, 2025 Results on Oct 30, 2024 Wellnet Corporation announced that they will report Q1, 2025 results on Oct 30, 2024 New Risk • Sep 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.2b (US$98.4m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (JP¥14.2b market cap, or US$98.4m). Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥830, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 12x in the Diversified Financial industry in Japan. Total returns to shareholders of 86% over the past three years. Announcement • Aug 15
Wellnet Corporation (TSE:2428) announces an Equity Buyback for 500,000 shares, representing 2.65% for ¥300 million. Wellnet Corporation (TSE:2428) announces a share repurchase program. Under the plan, the company will repurchase up to 500,000 shares, representing 2.65% of its share capital, for ¥300 million. The purpose of the program is to increase the level of shareholder returns and improve capital efficiency. The share repurchase program will run until September 30, 2024. As of June 30, 2024, the company had 18,901,684 shares outstanding (excluding treasury shares) and 498,316 shares in treasury. Announcement • Aug 14
Wellnet Corporation, Annual General Meeting, Sep 25, 2024 Wellnet Corporation, Annual General Meeting, Sep 25, 2024. Buy Or Sell Opportunity • Aug 13
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to JP¥688. The fair value is estimated to be JP¥564, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 20%. New Risk • Aug 05
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 6.1% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (JP¥10.7b market cap, or US$75.1m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥566, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 11x in the Diversified Financial industry in Japan. Total returns to shareholders of 25% over the past three years. Announcement • Aug 03
Wellnet Corporation to Report Fiscal Year 2024 Results on Aug 14, 2024 Wellnet Corporation announced that they will report fiscal year 2024 results on Aug 14, 2024 Buy Or Sell Opportunity • May 24
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to JP¥603. The fair value is estimated to be JP¥500, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 20%. Announcement • May 03
Wellnet Corporation to Report Q3, 2024 Results on May 08, 2024 Wellnet Corporation announced that they will report Q3, 2024 results on May 08, 2024 Buy Or Sell Opportunity • Apr 24
Now 20% overvalued Over the last 90 days, the stock has fallen 3.3% to JP¥552. The fair value is estimated to be JP¥458, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 19%. Buy Or Sell Opportunity • Mar 15
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at JP¥551. The fair value is estimated to be JP¥457, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 19%. Buy Or Sell Opportunity • Feb 27
Now 20% overvalued Over the last 90 days, the stock has fallen 2.0% to JP¥551. The fair value is estimated to be JP¥458, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 19%. Reported Earnings • Feb 03
Second quarter 2024 earnings released: EPS: JP¥10.95 (vs JP¥12.02 in 2Q 2023) Second quarter 2024 results: EPS: JP¥10.95 (down from JP¥12.02 in 2Q 2023). Revenue: JP¥2.58b (down 2.5% from 2Q 2023). Net income: JP¥206.6m (down 8.9% from 2Q 2023). Profit margin: 8.0% (down from 8.6% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 5% per year, which means it is significantly lagging earnings growth. Announcement • Feb 03
Wellnet Corporation Provides Dividend Guidance for the Year Ending June 30, 2024 Wellnet Corporation provided dividend guidance for the year ending June 30, 2024. For the year, the company expected to pay dividend of JPY 21.00 against JPY 16.84 per share paid a year ago. Announcement • Jan 25
Wellnet Corporation to Report Q2, 2024 Results on Feb 02, 2024 Wellnet Corporation announced that they will report Q2, 2024 results on Feb 02, 2024 Reported Earnings • Oct 31
First quarter 2024 earnings released: EPS: JP¥9.46 (vs JP¥11.56 in 1Q 2023) First quarter 2024 results: EPS: JP¥9.46 (down from JP¥11.56 in 1Q 2023). Revenue: JP¥2.32b (up 1.9% from 1Q 2023). Net income: JP¥178.5m (down 18% from 1Q 2023). Profit margin: 7.7% (down from 9.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Oct 26
Wellnet Corporation to Report Q1, 2024 Results on Oct 30, 2023 Wellnet Corporation announced that they will report Q1, 2024 results on Oct 30, 2023 Reported Earnings • Aug 17
Full year 2023 earnings released: EPS: JP¥33.69 (vs JP¥28.25 in FY 2022) Full year 2023 results: EPS: JP¥33.69 (up from JP¥28.25 in FY 2022). Revenue: JP¥9.42b (up 5.3% from FY 2022). Net income: JP¥635.5m (up 19% from FY 2022). Profit margin: 6.7% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 15
Wellnet Corporation, Annual General Meeting, Sep 21, 2023 Wellnet Corporation, Annual General Meeting, Sep 21, 2023. Announcement • Aug 05
Wellnet Corporation to Report Fiscal Year 2023 Results on Aug 14, 2023 Wellnet Corporation announced that they will report fiscal year 2023 results on Aug 14, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥16.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (3.1%). Reported Earnings • Feb 07
Second quarter 2023 earnings released: EPS: JP¥12.02 (vs JP¥9.21 in 2Q 2022) Second quarter 2023 results: EPS: JP¥12.02 (up from JP¥9.21 in 2Q 2022). Revenue: JP¥2.65b (up 12% from 2Q 2022). Net income: JP¥226.7m (up 31% from 2Q 2022). Profit margin: 8.6% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jan 13
Wellnet Corporation to Report Q2, 2023 Results on Feb 03, 2023 Wellnet Corporation announced that they will report Q2, 2023 results on Feb 03, 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. 7 non-independent directors. Independent Outside Director Ryuzo Yokouchi 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 01
First quarter 2023 earnings released: EPS: JP¥11.68 (vs JP¥5.77 in 1Q 2022) First quarter 2023 results: EPS: JP¥11.68 (up from JP¥5.77 in 1Q 2022). Revenue: JP¥2.27b (up 8.5% from 1Q 2022). Net income: JP¥217.9m (up 101% from 1Q 2022). Profit margin: 9.6% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Oct 26
Wellnet Corporation to Report Q1, 2023 Results on Oct 31, 2022 Wellnet Corporation announced that they will report Q1, 2023 results at 3:00 PM, Tokyo Standard Time on Oct 31, 2022 Reported Earnings • Aug 14
Full year 2022 earnings released: EPS: JP¥28.25 (vs JP¥20.94 in FY 2021) Full year 2022 results: EPS: JP¥28.25 (up from JP¥20.94 in FY 2021). Revenue: JP¥8.95b (up 1.2% from FY 2021). Net income: JP¥532.2m (up 35% from FY 2021). Profit margin: 5.9% (up from 4.5% in FY 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Aug 10
Wellnet Corporation to Report Q4, 2022 Results on Aug 12, 2022 Wellnet Corporation announced that they will report Q4, 2022 results at 3:00 PM, Tokyo Standard Time on Aug 12, 2022 Upcoming Dividend • Jun 22
Upcoming dividend of JP¥13.29 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Reported Earnings • May 02
Third quarter 2022 earnings released: EPS: JP¥7.30 (vs JP¥6.80 in 3Q 2021) Third quarter 2022 results: EPS: JP¥7.30 (up from JP¥6.80 in 3Q 2021). Revenue: JP¥2.28b (up 4.9% from 3Q 2021). Net income: JP¥137.5m (up 7.4% from 3Q 2021). Profit margin: 6.0% (up from 5.9% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
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. 7 non-independent directors. Independent Outside Director Ryuzo Yokouchi 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. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥538, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 18x in the IT industry in Japan. Total loss to shareholders of 45% over the past three years. Announcement • Feb 27
Wellnet Corporation to Report Q3, 2022 Results on Apr 28, 2022 Wellnet Corporation announced that they will report Q3, 2022 results on Apr 28, 2022 Reported Earnings • Feb 04
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥9.21 (up from JP¥7.70 in 2Q 2021). Revenue: JP¥2.36b (up 1.1% from 2Q 2021). Net income: JP¥173.6m (up 20% from 2Q 2021). Profit margin: 7.4% (up from 6.2% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 01
First quarter 2022 earnings released: EPS JP¥5.77 (vs JP¥5.44 in 1Q 2021) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: JP¥2.10b (down 5.5% from 1Q 2021). Net income: JP¥108.5m (up 6.2% from 1Q 2021). Profit margin: 5.2% (up from 4.6% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 11
Full year 2021 earnings released: EPS JP¥20.93 (vs JP¥26.31 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥8.84b (down 5.7% from FY 2020). Net income: JP¥393.9m (down 20% from FY 2020). Profit margin: 4.5% (down from 5.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Announcement • Mar 03
Wellnet Corporation to Report Q3, 2021 Results on Apr 30, 2021 Wellnet Corporation announced that they will report Q3, 2021 results on Apr 30, 2021 Is New 90 Day High Low • Feb 22
New 90-day high: JP¥529 The company is up 3.0% from its price of JP¥516 on 24 November 2020. The Japanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: JP¥480 The company is down 22% from its price of JP¥619 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 9.0% over the same period. Announcement • Oct 06
Wellnet Corporation to Report Q1, 2021 Results on Oct 30, 2020 Wellnet Corporation announced that they will report Q1, 2021 results on Oct 30, 2020 Announcement • Jul 05
Wellnet Corporation to Report Fiscal Year 2020 Results on Aug 07, 2020 Wellnet Corporation announced that they will report fiscal year 2020 results on Aug 07, 2020 
