Reported Earnings • May 19
Full year 2026 earnings released: EPS: JP¥146 (vs JP¥203 in FY 2025) Full year 2026 results: EPS: JP¥146 (down from JP¥203 in FY 2025). Revenue: JP¥51.4b (flat on FY 2025). Net income: JP¥1.11b (down 28% from FY 2025). Profit margin: 2.2% (down from 3.0% in FY 2025). Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year. Announcement • May 14
Ahjikan Co., Ltd., Annual General Meeting, Jun 26, 2026 Ahjikan Co., Ltd., Annual General Meeting, Jun 26, 2026. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥52.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.0%). Announcement • Mar 03
Ahjikan Co., Ltd. (TSE:2907) announces an Equity Buyback for 140,000 shares, representing 1.84% for ¥207.2 million. Ahjikan Co., Ltd. (TSE:2907) announces a share repurchase program. Under the program, the company will repurchase up to 140,000 shares, representing 1.84% of its issued share capital (excluding treasury stock), for ¥207.2 million. The shares will be repurchased at ¥1,480 per share. The purpose of the program is to enable the implementation of flexible capital policies in response to changes in the business environment. As of March 2, 2026, the company had 7,610,947 shares in issue (excluding treasury stock) and 89,053 shares in treasury. Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: JP¥57.29 (vs JP¥93.02 in 3Q 2025) Third quarter 2026 results: EPS: JP¥57.29 (down from JP¥93.02 in 3Q 2025). Revenue: JP¥13.8b (flat on 3Q 2025). Net income: JP¥436.0m (down 38% from 3Q 2025). Profit margin: 3.2% (down from 5.2% in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Announcement • Dec 13
Ahjikan Co., Ltd. to Report Q3, 2026 Results on Feb 02, 2026 Ahjikan Co., Ltd. announced that they will report Q3, 2026 results on Feb 02, 2026 Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: JP¥30.88 (vs JP¥58.73 in 2Q 2025) Second quarter 2026 results: EPS: JP¥30.88 (down from JP¥58.73 in 2Q 2025). Revenue: JP¥12.8b (flat on 2Q 2025). Net income: JP¥235.0m (down 47% from 2Q 2025). Profit margin: 1.8% (down from 3.5% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Aug 21
Ahjikan Co., Ltd. to Report Q2, 2026 Results on Nov 11, 2025 Ahjikan Co., Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025 Reported Earnings • Aug 02
First quarter 2026 earnings released: JP¥7.36 loss per share (vs JP¥62.41 profit in 1Q 2025) First quarter 2026 results: JP¥7.36 loss per share (down from JP¥62.41 profit in 1Q 2025). Revenue: JP¥12.1b (flat on 1Q 2025). Net loss: JP¥56.0m (down 112% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 30
Full year 2025 earnings released: EPS: JP¥203 (vs JP¥198 in FY 2024) Full year 2025 results: EPS: JP¥203 (up from JP¥198 in FY 2024). Revenue: JP¥51.0b (up 1.6% from FY 2024). Net income: JP¥1.55b (up 2.6% from FY 2024). Profit margin: 3.0% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jun 10
Ahjikan Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025 Ahjikan Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025 Reported Earnings • May 18
Full year 2025 earnings released: EPS: JP¥203 (vs JP¥198 in FY 2024) Full year 2025 results: EPS: JP¥203 (up from JP¥198 in FY 2024). Revenue: JP¥51.0b (up 1.6% from FY 2024). Net income: JP¥1.55b (up 2.6% from FY 2024). Profit margin: 3.0% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Ahjikan Co., Ltd., Annual General Meeting, Jun 27, 2025 Ahjikan Co., Ltd., Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,020, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 15x in the Food industry in Japan. Total returns to shareholders of 31% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 5.6% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Announcement • Mar 08
Ahjikan Co., Ltd. to Report Fiscal Year 2025 Results on May 14, 2025 Ahjikan Co., Ltd. announced that they will report fiscal year 2025 results on May 14, 2025 Reported Earnings • Feb 04
Third quarter 2025 earnings released: EPS: JP¥93.02 (vs JP¥60.05 in 3Q 2024) Third quarter 2025 results: EPS: JP¥93.02 (up from JP¥60.05 in 3Q 2024). Revenue: JP¥13.7b (up 1.8% from 3Q 2024). Net income: JP¥708.0m (up 55% from 3Q 2024). Profit margin: 5.2% (up from 3.4% in 3Q 2024). 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 13% per year, which means it is significantly lagging earnings growth. Announcement • Dec 05
Ahjikan Co., Ltd. to Report Q3, 2025 Results on Feb 03, 2025 Ahjikan Co., Ltd. announced that they will report Q3, 2025 results on Feb 03, 2025 Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: JP¥58.73 (vs JP¥50.32 in 2Q 2024) Second quarter 2025 results: EPS: JP¥58.73 (up from JP¥50.32 in 2Q 2024). Revenue: JP¥12.9b (up 4.0% from 2Q 2024). Net income: JP¥447.0m (up 17% from 2Q 2024). Profit margin: 3.5% (up from 3.1% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Sep 05
Ahjikan Co., Ltd. to Report Q2, 2025 Results on Nov 11, 2024 Ahjikan Co., Ltd. announced that they will report Q2, 2025 results on Nov 11, 2024 Reported Earnings • Aug 03
First quarter 2025 earnings released: EPS: JP¥62.41 (vs JP¥36.00 in 1Q 2024) First quarter 2025 results: EPS: JP¥62.41 (up from JP¥36.00 in 1Q 2024). Revenue: JP¥12.2b (up 3.0% from 1Q 2024). Net income: JP¥475.0m (up 73% from 1Q 2024). Profit margin: 3.9% (up from 2.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Jun 21
Ahjikan Co., Ltd. to Report Q1, 2025 Results on Aug 01, 2024 Ahjikan Co., Ltd. announced that they will report Q1, 2025 results on Aug 01, 2024 Reported Earnings • May 18
Full year 2024 earnings released: EPS: JP¥198 (vs JP¥35.08 in FY 2023) Full year 2024 results: EPS: JP¥198 (up from JP¥35.08 in FY 2023). Revenue: JP¥50.2b (up 5.9% from FY 2023). Net income: JP¥1.51b (up 465% from FY 2023). Profit margin: 3.0% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Announcement • May 16
Ahjikan Co., Ltd., Annual General Meeting, Jun 27, 2024 Ahjikan Co., Ltd., Annual General Meeting, Jun 27, 2024. Announcement • Mar 29
Ahjikan Co., Ltd. to Report Fiscal Year 2024 Results on May 14, 2024 Ahjikan Co., Ltd. announced that they will report fiscal year 2024 results on May 14, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 12% 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 (1.7%). Reported Earnings • Feb 03
Third quarter 2024 earnings released: EPS: JP¥60.05 (vs JP¥5.65 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥60.05 (up from JP¥5.65 loss in 3Q 2023). Revenue: JP¥13.5b (up 6.8% from 3Q 2023). Net income: JP¥457.0m (up JP¥500.0m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,257, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 18x in the Food industry in Japan. Total returns to shareholders of 57% over the past three years. Announcement • Dec 03
Ahjikan Co., Ltd. to Report Q3, 2024 Results on Feb 01, 2024 Ahjikan Co., Ltd. announced that they will report Q3, 2024 results on Feb 01, 2024 New Risk • Dec 01
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 5.5% 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 Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (JP¥7.57b market cap, or US$51.1m). Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥50.32 (vs JP¥31.14 in 2Q 2023) Second quarter 2024 results: EPS: JP¥50.32 (up from JP¥31.14 in 2Q 2023). Revenue: JP¥12.4b (up 6.1% from 2Q 2023). Net income: JP¥383.0m (up 62% from 2Q 2023). Profit margin: 3.1% (up from 2.0% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥1,030, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 20x in the Food industry in Japan. Total returns to shareholders of 37% over the past three years. Announcement • Sep 08
Ahjikan Co., Ltd. to Report Q2, 2024 Results on Nov 10, 2023 Ahjikan Co., Ltd. announced that they will report Q2, 2024 results on Nov 10, 2023 New Risk • Aug 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 38% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Market cap is less than US$100m (JP¥6.69b market cap, or US$46.7m). Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: JP¥36.00 (vs JP¥33.24 in 1Q 2023) First quarter 2024 results: EPS: JP¥36.00 (up from JP¥33.24 in 1Q 2023). Revenue: JP¥11.8b (up 5.5% from 1Q 2023). Net income: JP¥274.0m (up 8.3% from 1Q 2023). Profit margin: 2.3% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year. Announcement • Jun 07
Ahjikan Co., Ltd. to Report Q1, 2024 Results on Aug 01, 2023 Ahjikan Co., Ltd. announced that they will report Q1, 2024 results on Aug 01, 2023 Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥35.08 (vs JP¥83.43 in FY 2022) Full year 2023 results: EPS: JP¥35.08 (down from JP¥83.43 in FY 2022). Revenue: JP¥47.4b (up 4.7% from FY 2022). Net income: JP¥267.0m (down 58% from FY 2022). Profit margin: 0.6% (down from 1.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • May 14
Ahjikan Co., Ltd., Annual General Meeting, Jun 29, 2023 Ahjikan Co., Ltd., Annual General Meeting, Jun 29, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥16.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.6%). In line with average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2023 earnings released: JP¥5.65 loss per share (vs JP¥42.70 profit in 3Q 2022) Third quarter 2023 results: JP¥5.65 loss per share (down from JP¥42.70 profit in 3Q 2022). Revenue: JP¥12.6b (up 2.9% from 3Q 2022). Net loss: JP¥43.0m (down 113% from profit in 3Q 2022). 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 2% per year, which means it is significantly lagging earnings growth. Announcement • Dec 02
Ahjikan Co., Ltd. to Report Q3, 2023 Results on Feb 01, 2023 Ahjikan Co., Ltd. announced that they will report Q3, 2023 results on Feb 01, 2023 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director & Audit and Supervisory Committee Member Takuya Inaba was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Second quarter 2023 earnings released: EPS: JP¥31.14 (vs JP¥16.29 in 2Q 2022) Second quarter 2023 results: EPS: JP¥31.14 (up from JP¥16.29 in 2Q 2022). Revenue: JP¥11.7b (up 4.9% from 2Q 2022). Net income: JP¥237.0m (up 91% from 2Q 2022). Profit margin: 2.0% (up from 1.1% 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 22% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Sep 07
Ahjikan Co., Ltd. to Report Q2, 2023 Results on Nov 08, 2022 Ahjikan Co., Ltd. announced that they will report Q2, 2023 results on Nov 08, 2022 Reported Earnings • Aug 02
First quarter 2023 earnings released: EPS: JP¥33.24 (vs JP¥7.75 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥33.24 (up from JP¥7.75 loss in 1Q 2022). Revenue: JP¥11.2b (up 6.6% from 1Q 2022). Net income: JP¥253.0m (up JP¥312.0m from 1Q 2022). Profit margin: 2.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jul 03
Ahjikan Co., Ltd. to Report Q1, 2023 Results on Aug 01, 2022 Ahjikan Co., Ltd. announced that they will report Q1, 2023 results on Aug 01, 2022 Announcement • May 15
Ahjikan Co., Ltd., Annual General Meeting, Jun 29, 2022 Ahjikan Co., Ltd., Annual General Meeting, Jun 29, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 2 independent directors (8 non-independent directors). Independent Outside Director & Audit and Supervisory Committee Member Takuya Inaba was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 07
Ahjikan Co., Ltd. to Report Fiscal Year 2022 Results on May 13, 2022 Ahjikan Co., Ltd. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.4%). In line with average of industry peers (1.7%). Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥42.70 (up from JP¥32.85 in 3Q 2021). Revenue: JP¥12.2b (up 4.3% from 3Q 2021). Net income: JP¥325.0m (up 30% from 3Q 2021). Profit margin: 2.7% (up from 2.1% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Reported Earnings • Nov 10
Second quarter 2022 earnings released: EPS JP¥16.29 (vs JP¥17.21 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥11.2b (up 6.1% from 2Q 2021). Net income: JP¥124.0m (down 5.3% from 2Q 2021). Profit margin: 1.1% (down from 1.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year. Reported Earnings • Aug 03
First quarter 2022 earnings released: JP¥7.75 loss per share (vs JP¥20.50 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥10.5b (up 8.1% from 1Q 2021). Net loss: JP¥59.0m (loss narrowed 62% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 19% per year. Reported Earnings • May 17
Full year 2021 earnings released: EPS JP¥78.83 (vs JP¥72.46 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥42.6b (down 4.8% from FY 2020). Net income: JP¥600.0m (up 8.9% from FY 2020). Profit margin: 1.4% (up from 1.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.6%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.5%). Is New 90 Day High Low • Feb 24
New 90-day high: JP¥867 The company is up 10.0% from its price of JP¥791 on 26 November 2020. The Japanese market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Food industry, which is up 1.0% over the same period. Reported Earnings • Feb 02
Third quarter 2021 earnings released: EPS JP¥32.85 (vs JP¥38.66 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥11.7b (down 2.8% from 3Q 2020). Net income: JP¥250.0m (down 15% from 3Q 2020). Profit margin: 2.1% (down from 2.4% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 25
New 90-day high: JP¥840 The company is up 6.0% from its price of JP¥790 on 27 October 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Food industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: JP¥826 The company is up 4.0% from its price of JP¥798 on 09 October 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Food industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: JP¥806 The company is up 2.0% from its price of JP¥792 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Food industry, which is flat over the same period. Announcement • Oct 04
Ahjikan Co., Ltd. to Report Q2, 2021 Results on Nov 09, 2020 Ahjikan Co., Ltd. announced that they will report Q2, 2021 results on Nov 09, 2020