New Risk • Aug 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). Share price has been highly volatile over the past 3 months (9.7% average weekly change). High level of non-cash earnings (50% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (JP¥2.22b market cap, or US$14.1m). New Risk • Jun 17
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 8.5% 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 Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). High level of non-cash earnings (50% accrual ratio). 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 (8.5% average weekly change). Market cap is less than US$100m (JP¥2.10b market cap, or US$13.1m). Announcement • Jun 03
Ivy Cosmetics Corporation to Report Q1, 2027 Results on Aug 05, 2026 Ivy Cosmetics Corporation announced that they will report Q1, 2027 results on Aug 05, 2026 Announcement • May 14
Ivy Cosmetics Corporation, Annual General Meeting, Jun 25, 2026 Ivy Cosmetics Corporation, Annual General Meeting, Jun 25, 2026. Announcement • Dec 02
Ivy Cosmetics Corporation to Report Q3, 2026 Results on Feb 10, 2026 Ivy Cosmetics Corporation announced that they will report Q3, 2026 results on Feb 10, 2026 Announcement • Sep 01
Ivy Cosmetics Corporation to Report Q2, 2026 Results on Nov 11, 2025 Ivy Cosmetics Corporation announced that they will report Q2, 2026 results on Nov 11, 2025 New Risk • Jul 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 5.7% 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: Major Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). High level of non-cash earnings (50% accrual ratio). 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 (5.7% average weekly change). Market cap is less than US$100m (JP¥1.98b market cap, or US$13.6m). Announcement • Jun 27
Ivy Cosmetics Corporation to Report Q1, 2026 Results on Aug 06, 2025 Ivy Cosmetics Corporation announced that they will report Q1, 2026 results on Aug 06, 2025 Announcement • May 15
Ivy Cosmetics Corporation, Annual General Meeting, Jun 26, 2025 Ivy Cosmetics Corporation, Annual General Meeting, Jun 26, 2025. Announcement • Mar 02
Ivy Cosmetics Corporation to Report Fiscal Year 2025 Results on May 14, 2025 Ivy Cosmetics Corporation announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on May 14, 2025 New Risk • Dec 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). High level of non-cash earnings (50% accrual ratio). Market cap is less than US$10m (JP¥1.46b market cap, or US$9.63m). 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 (5.8% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Announcement • Nov 30
Ivy Cosmetics Corporation to Report Q3, 2025 Results on Feb 10, 2025 Ivy Cosmetics Corporation announced that they will report Q3, 2025 results on Feb 10, 2025 New Risk • Oct 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: JP¥1.49b (US$9.97m) This is considered a major 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: Major Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). High level of non-cash earnings (50% accrual ratio). Market cap is less than US$10m (JP¥1.49b market cap, or US$9.97m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Aug 27
Ivy Cosmetics Corporation to Report Q2, 2025 Results on Nov 12, 2024 Ivy Cosmetics Corporation announced that they will report Q2, 2025 results on Nov 12, 2024 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 6.5% 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 Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). High level of non-cash earnings (50% accrual ratio). 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 (6.5% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (JP¥1.47b market cap, or US$10.3m). Announcement • Jun 28
Ivy Cosmetics Corporation to Report Q1, 2025 Results on Aug 06, 2024 Ivy Cosmetics Corporation announced that they will report Q1, 2025 results on Aug 06, 2024 Announcement • May 16
Ivy Cosmetics Corporation, Annual General Meeting, Jun 26, 2024 Ivy Cosmetics Corporation, Annual General Meeting, Jun 26, 2024. Announcement • Mar 02
Ivy Cosmetics Corporation to Report Fiscal Year 2024 Results on May 14, 2024 Ivy Cosmetics Corporation announced that they will report fiscal year 2024 results on May 14, 2024 Announcement • Nov 29
Ivy Cosmetics Corporation to Report Q3, 2024 Results on Feb 08, 2024 Ivy Cosmetics Corporation announced that they will report Q3, 2024 results on Feb 08, 2024 Announcement • Aug 31
Ivy Cosmetics Corporation to Report Q2, 2024 Results on Nov 09, 2023 Ivy Cosmetics Corporation announced that they will report Q2, 2024 results on Nov 09, 2023 New Risk • Aug 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (50% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (JP¥2.99b market cap, or US$20.5m). New Risk • Jul 13
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: Major Risks Latest financial reports are more than 1 year old (reported March 2018 fiscal period end). High level of non-cash earnings (50% accrual ratio). 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 (5.6% average weekly change). Market cap is less than US$100m (JP¥2.69b market cap, or US$19.4m). Announcement • Jun 17
Ivy Cosmetics Corporation to Report Q1, 2024 Results on Aug 07, 2023 Ivy Cosmetics Corporation announced that they will report Q1, 2024 results on Aug 07, 2023 Announcement • May 12
Ivy Cosmetics Corporation, Annual General Meeting, Jun 29, 2023 Ivy Cosmetics Corporation, Annual General Meeting, Jun 29, 2023. Announcement • Feb 10
Ivy Cosmetics Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 2023 Ivy Cosmetics Corporation provided consolidated earnings guidance for the fiscal year ending March 2023. For the year, the company expects Net sales of JPY 3,100 million, Operating loss of JPY 100 million, loss of JPY 150 million and basic loss per share of JPY 37.00. Announcement • Nov 27
Ivy Cosmetics Corporation to Report Q3, 2023 Results on Feb 09, 2023 Ivy Cosmetics Corporation announced that they will report Q3, 2023 results on Feb 09, 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. 9 non-independent directors. Independent Outside Director Takanori Ogata was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 28
Ivy Cosmetics Corporation to Report Q2, 2023 Results on Nov 10, 2022 Ivy Cosmetics Corporation announced that they will report Q2, 2023 results on Nov 10, 2022 Announcement • Jun 01
Ivy Cosmetics Corporation to Report Q1, 2023 Results on Aug 05, 2022 Ivy Cosmetics Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. No independent directors (7 non-independent directors). Director Kazunori Egawa was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 08
Ivy Cosmetics Corporation to Report Fiscal Year 2022 Results on May 12, 2022 Ivy Cosmetics Corporation announced that they will report fiscal year 2022 results on May 12, 2022 Announcement • Feb 17
Ivy Cosmetics Corporation announced that it expects to receive ¥7.513 million in funding from Mita Securities Co., Ltd. Ivy Cosmetics Corporation that it will issue 10,000 stock 3rd acquisition right at issue price of ¥715 per stock acquisition right for gross proceeds of ¥7,150,000 and 2,200 4th stock acquisition right at issue price of ¥165 per stock acquisition right for gross proceeds of ¥363,000 for total gross proceeds of ¥7,513,000 on February 16, 2022. The transaction will include participation from existing investor Mita Securities Co., Ltd. The 3rd stock acquisition right can be exercised to purchase 1,000,000 shares of the company and 4th stock acquisition right can be exercised to purchase 220,000 at an exercise price of ¥600 per share. The company will raise funds through third party allotment. The exercise period shall start from March 8, 2022 to March 7, 2025. The transaction is expected to close on March 7, 2022. The transaction has been approved by the board of directors of the company. Post exercise of rights the company will raise gross proceeds of ¥996,000,000, pay expenses of ¥32,040,000 (which include financial advisory fee of ¥29,880,000, the fair value calculation cost of stock acquisition rights ¥1,500,000 and the securities registration statement preparation cost and others ¥660,000 resulting in net proceeds of ¥1,363,120,000. Announcement • Feb 10
Ivy Cosmetics Corporation Provides Earnings Guidance for the Quarterly Period Ending March 31, 2022 Ivy Cosmetics Corporation provided earnings guidance for the quarterly period ending March 31, 2022. For the period, the company expects net sales of JPY 4,200 million, operating profit of JPY 500 million, profit of JPY 400 million and basic earnings per share of JPY 79.16. Announcement • Mar 04
Ivy Cosmetics Corporation to Report Fiscal Year 2021 Results on May 13, 2021 Ivy Cosmetics Corporation announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Dec 08
New 90-day low: JP¥604 The company is down 10.0% from its price of JP¥672 on 09 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Personal Products industry, which is up 9.0% over the same period. Announcement • Sep 06
Ivy Cosmetics Corporation to Report Q2, 2021 Results on Nov 10, 2020 Ivy Cosmetics Corporation announced that they will report Q2, 2021 results on Nov 10, 2020 Announcement • Jun 28
Ivy Cosmetics Corporation to Report Q1, 2021 Results on Aug 06, 2020 Ivy Cosmetics Corporation announced that they will report Q1, 2021 results on Aug 06, 2020 
