Reported Earnings • May 12
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥157 (up from JP¥123 in FY 2025). Revenue: JP¥44.0b (up 21% from FY 2025). Net income: JP¥6.07b (up 31% from FY 2025). Profit margin: 14% (up from 13% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Announcement • May 11
Premium Group Co., Ltd., Annual General Meeting, Jun 24, 2026 Premium Group Co., Ltd., Annual General Meeting, Jun 24, 2026. Announcement • May 10
Premium Group Co., Ltd. to Report Fiscal Year 2026 Results on May 11, 2026 Premium Group Co., Ltd. announced that they will report fiscal year 2026 results on May 11, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 11 June 2026. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.7%). Reported Earnings • Feb 11
Third quarter 2026 earnings released: EPS: JP¥37.71 (vs JP¥35.30 in 3Q 2025) Third quarter 2026 results: EPS: JP¥37.71 (up from JP¥35.30 in 3Q 2025). Revenue: JP¥10.5b (up 12% from 3Q 2025). Net income: JP¥1.47b (up 9.9% from 3Q 2025). Profit margin: 14% (in line with 3Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Announcement • Feb 10
Premium Group Co., Ltd. (TSE:7199) announces an Equity Buyback for 700,000 shares, representing 1.79% for ¥1,000 million. Premium Group Co., Ltd. (TSE:7199) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 1.79% of its share capital, for ¥1,000 million. The repurchase program is aimed at returning profits to shareholders, improving capital efficiency, and implementing a flexible capital policy in accordance with the business environment. The program will expire on December 30, 2026. As of January 31, 2026, the company had 39,026,868 shares in issue (excluding treasury stock) and 1,660,434 shares in treasury. Announcement • Dec 23
Premium Group Co., Ltd. to Report Q3, 2026 Results on Feb 10, 2026 Premium Group Co., Ltd. announced that they will report Q3, 2026 results on Feb 10, 2026 Declared Dividend • Dec 06
First half dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 30th March 2026 Payment date: 11th June 2026 Dividend yield will be 3.0%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: JP¥35.81 (vs JP¥39.46 in 2Q 2025) Second quarter 2026 results: EPS: JP¥35.81 (down from JP¥39.46 in 2Q 2025). Revenue: JP¥10.6b (up 13% from 2Q 2025). Net income: JP¥1.38b (down 8.1% from 2Q 2025). Profit margin: 13% (down from 16% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Finance industry in Japan. 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 1% per year, which means it is significantly lagging earnings. Announcement • Sep 26
Premium Group Co., Ltd. to Report Q2, 2026 Results on Nov 14, 2025 Premium Group Co., Ltd. announced that they will report Q2, 2026 results on Nov 14, 2025 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥27.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 05 December 2025. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.7%). Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: JP¥31.92 (vs JP¥33.63 in 1Q 2025) First quarter 2026 results: EPS: JP¥31.92 (down from JP¥33.63 in 1Q 2025). Revenue: JP¥10.3b (up 19% from 1Q 2025). Net income: JP¥1.21b (down 4.7% from 1Q 2025). Profit margin: 12% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Price Target Changed • Jul 22
Price target increased by 8.6% to JP¥4,200 Up from JP¥3,867, the current price target is an average from 3 analysts. New target price is 90% above last closing price of JP¥2,210. Stock is up 5.0% over the past year. The company is forecast to post earnings per share of JP¥157 for next year compared to JP¥123 last year. Declared Dividend • Jul 09
Final dividend of JP¥27.00 announced Shareholders will receive a dividend of JP¥27.00. Ex-date: 29th September 2025 Payment date: 5th December 2025 Dividend yield will be 2.3%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 84% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 30
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥123 (up from JP¥119 in FY 2024). Revenue: JP¥36.4b (up 15% from FY 2024). Net income: JP¥4.65b (flat on FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year. Announcement • Jun 25
Premium Group Co., Ltd. to Report Q1, 2026 Results on Aug 08, 2025 Premium Group Co., Ltd. announced that they will report Q1, 2026 results on Aug 08, 2025 Buy Or Sell Opportunity • May 27
Now 21% overvalued Over the last 90 days, the stock has fallen 7.0% to JP¥2,005. The fair value is estimated to be JP¥1,656, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Reported Earnings • May 20
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥123 (up from JP¥119 in FY 2024). Revenue: JP¥36.4b (up 15% from FY 2024). Net income: JP¥4.65b (flat on FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year. Announcement • May 15
Premium Group Co., Ltd., Annual General Meeting, Jun 25, 2025 Premium Group Co., Ltd., Annual General Meeting, Jun 25, 2025. Announcement • Apr 11
Premium Group Co., Ltd. to Report Fiscal Year 2025 Results on May 15, 2025 Premium Group Co., Ltd. announced that they will report fiscal year 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to JP¥1,764, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Consumer Finance industry in Japan. Total returns to shareholders of 38% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 06 June 2025. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (3.3%). New Risk • Feb 26
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (1.9% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: JP¥35.30 (vs JP¥29.51 in 3Q 2024) Third quarter 2025 results: EPS: JP¥35.30 (up from JP¥29.51 in 3Q 2024). Revenue: JP¥9.34b (up 18% from 3Q 2024). Net income: JP¥1.34b (up 18% from 3Q 2024). Profit margin: 14% (in line with 3Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year. Declared Dividend • Dec 06
First half dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 28th March 2025 Payment date: 6th June 2025 Dividend yield will be 1.6%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Dec 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 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (5.3% average weekly change). Reported Earnings • Oct 26
Second quarter 2025 earnings released: EPS: JP¥39.46 (vs JP¥25.48 in 2Q 2024) Second quarter 2025 results: EPS: JP¥39.46 (up from JP¥25.48 in 2Q 2024). Revenue: JP¥9.42b (up 20% from 2Q 2024). Net income: JP¥1.50b (up 51% from 2Q 2024). Profit margin: 16% (up from 13% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 22% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (3.4%). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,590, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Finance industry in Japan. Total returns to shareholders of 47% over the past three years. Reported Earnings • Jul 28
First quarter 2025 earnings released: EPS: JP¥33.63 (vs JP¥27.57 in 1Q 2024) First quarter 2025 results: EPS: JP¥33.63 (up from JP¥27.57 in 1Q 2024). Revenue: JP¥8.67b (up 20% from 1Q 2024). Net income: JP¥1.27b (up 19% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 23% per year. Declared Dividend • Jul 11
Final dividend of JP¥20.00 announced Shareholders will receive a dividend of JP¥20.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 1.7%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but not covered by cash flows (426% cash payout ratio). The dividend has increased by an average of 19% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 68% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. Director & Managing Executive Officer Tomohiro Kanazawa was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • May 28
Premium Group Co., Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 6, 2024 Premium Group Co., Ltd. announced dividend for the fiscal year ended March 31, 2024. For the year, the company announced dividend of JPY 15.00 per share against JPY 11.00 per share paid for the same period a year ago. Effective date is June 6, 2024. The record date is March 31, 2024. Buy Or Sell Opportunity • May 13
Now 21% undervalued Over the last 90 days, the stock has risen 34% to JP¥2,245. The fair value is estimated to be JP¥2,847, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. New Risk • May 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 5.9% 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: Major Risk Debt is not well covered by operating cash flow (5.9% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (426% cash payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Announcement • Apr 29
Premium Group Co., Ltd., Annual General Meeting, Jun 26, 2024 Premium Group Co., Ltd., Annual General Meeting, Jun 26, 2024. Reported Earnings • Apr 28
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥119 (up from JP¥103 in FY 2023). Revenue: JP¥31.5b (up 25% from FY 2023). Net income: JP¥4.61b (up 15% from FY 2023). Profit margin: 15% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 9.0%. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Finance 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 increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 22
Premium Group Co., Ltd. to Report Fiscal Year 2024 Results on May 01, 2024 Premium Group Co., Ltd. announced that they will report fiscal year 2024 results on May 01, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥13.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (3.0%). Price Target Changed • Feb 05
Price target increased by 8.0% to JP¥3,025 Up from JP¥2,800, the current price target is an average from 2 analysts. New target price is 73% above last closing price of JP¥1,747. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of JP¥110 for next year compared to JP¥103 last year. Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥29.48 (vs JP¥22.09 in 3Q 2023) Third quarter 2024 results: EPS: JP¥29.48 (up from JP¥22.09 in 3Q 2023). Revenue: JP¥7.92b (up 22% from 3Q 2023). Net income: JP¥1.14b (up 33% from 3Q 2023). Profit margin: 14% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 27% per year. Announcement • Feb 01
Premium Group Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 Premium Group Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. for the year, the company expects dividend of JPY 13.00 per share against JPY 11.00 per share a year ago. Announcement • Dec 28
Premium Group Co., Ltd. to Report Q3, 2024 Results on Jan 31, 2024 Premium Group Co., Ltd. announced that they will report Q3, 2024 results on Jan 31, 2024 Price Target Changed • Nov 15
Price target decreased by 7.5% to JP¥2,775 Down from JP¥3,000, the current price target is an average from 2 analysts. New target price is 66% above last closing price of JP¥1,674. Stock is down 3.7% over the past year. The company is forecast to post earnings per share of JP¥109 for next year compared to JP¥103 last year. New Risk • Oct 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (12% net profit margin). Announcement • Sep 29
Premium Group Co., Ltd. to Report Q2, 2024 Results on Oct 27, 2023 Premium Group Co., Ltd. announced that they will report Q2, 2024 results on Oct 27, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥13.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 07 December 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (3.2%). Buying Opportunity • Aug 01
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 31% in the next 2 years. Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥27.57 (vs JP¥21.76 in 1Q 2023) First quarter 2024 results: EPS: JP¥27.57 (up from JP¥21.76 in 1Q 2023). Revenue: JP¥7.23b (up 27% from 1Q 2023). Net income: JP¥1.07b (up 28% from 1Q 2023). Profit margin: 15% (in line with 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 47% per year. New Risk • Jul 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 5.2% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (33% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.2% average weekly change). Announcement • Jun 28
Premium Group Co., Ltd. to Report Q1, 2024 Results on Jul 28, 2023 Premium Group Co., Ltd. announced that they will report Q1, 2024 results on Jul 28, 2023 Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,874, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 8x in the Consumer Finance industry in Japan. Total returns to shareholders of 188% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,091 per share. Buying Opportunity • Jun 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 4.3%. The fair value is estimated to be JP¥2,047, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 17% per annum over the same time period. Buying Opportunity • May 08
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥2,105, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 47%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings is also forecast to grow by 15% per annum over the same time period. Reported Earnings • May 05
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: JP¥103 (up from JP¥76.46 in FY 2022). Revenue: JP¥25.3b (up 21% from FY 2022). Net income: JP¥4.01b (up 36% from FY 2022). Profit margin: 16% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 43% per year. Buying Opportunity • Apr 04
Now 23% undervalued Over the last 90 days, the stock is up 1.2%. The fair value is estimated to be JP¥2,131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥10.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (3.0%). Buying Opportunity • Mar 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be JP¥1,994, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Buying Opportunity • Feb 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be JP¥1,928, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Reported Earnings • Feb 04
Third quarter 2023 earnings released: EPS: JP¥22.12 (vs JP¥17.92 in 3Q 2022) Third quarter 2023 results: EPS: JP¥22.12 (up from JP¥17.92 in 3Q 2022). Revenue: JP¥6.50b (up 24% from 3Q 2022). Net income: JP¥857.0m (up 24% from 3Q 2022). Profit margin: 13% (in line with 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
Premium Group Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023 Premium Group Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: JP¥46.51 (vs JP¥19.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥46.51 (up from JP¥19.54 in 2Q 2022). Revenue: JP¥6.17b (up 18% from 2Q 2022). Net income: JP¥1.80b (up 140% from 2Q 2022). Profit margin: 29% (up from 14% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year and the company’s share price has also increased by 29% per year. Price Target Changed • Nov 16
Price target increased to JP¥2,144 Up from JP¥1,983, the current price target is an average from 3 analysts. New target price is 23% above last closing price of JP¥1,738. Stock is up 40% over the past year. The company is forecast to post earnings per share of JP¥105 for next year compared to JP¥76.46 last year. Price Target Changed • Nov 04
Price target increased to JP¥2,144 Up from JP¥1,983, the current price target is an average from 3 analysts. New target price is 20% above last closing price of JP¥1,788. Stock is up 65% over the past year. The company is forecast to post earnings per share of JP¥105 for next year compared to JP¥76.46 last year. Major Estimate Revision • Nov 04
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥88.33 to JP¥102. Revenue forecast unchanged at JP¥24.6b. Net income forecast to shrink 3.9% next year vs 11% growth forecast for Consumer Finance industry in Japan . Consensus price target of JP¥2,044 unchanged from last update. Share price rose 12% to JP¥1,826 over the past week. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥46.48 (vs JP¥19.54 in 2Q 2022) Second quarter 2023 results: EPS: JP¥46.48 (up from JP¥19.54 in 2Q 2022). Revenue: JP¥6.21b (up 19% from 2Q 2022). Net income: JP¥1.80b (up 140% from 2Q 2022). Profit margin: 29% (up from 14% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Finance industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 29
Premium Group Co., Ltd. to Report Q2, 2023 Results on Nov 04, 2022 Premium Group Co., Ltd. announced that they will report Q2, 2023 results on Nov 04, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 07 December 2022. Payout ratio is a comfortable 21% and the cash payout ratio is 99%. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.5%). Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥65.36 (vs JP¥47.48 in 1Q 2022) First quarter 2023 results: EPS: JP¥65.36 (up from JP¥47.48 in 1Q 2022). Revenue: JP¥5.68b (up 16% from 1Q 2022). Net income: JP¥841.0m (up 38% from 1Q 2022). Profit margin: 15% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 1.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. 
