Reported Earnings • May 12
First quarter 2026 earnings: Revenues and EPS in line with analyst expectations First quarter 2026 results: EPS: JP¥11.13 (up from JP¥5.92 in 1Q 2025). Revenue: JP¥40.8b (down 1.2% from 1Q 2025). Net income: JP¥2.46b (up 88% from 1Q 2025). Profit margin: 6.0% (up from 3.2% in 1Q 2025). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Board Change • Apr 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Yoshio Kometani was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Apr 11
Final dividend of JP¥21.00 announced Dividend of JP¥21.00 is the same as last year. Ex-date: 29th June 2026 Payment date: 7th September 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (121% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 35% to bring the payout ratio under control. EPS is expected to grow by 32% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. New Risk • Apr 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 115% Cash payout ratio: 97% Minor Risk Large one-off items impacting financial results. Announcement • Mar 03
Pola Orbis Holdings Inc. to Report Q1, 2026 Results on May 11, 2026 Pola Orbis Holdings Inc. announced that they will report Q1, 2026 results at 9:00 AM, Tokyo Standard Time on May 11, 2026 New Risk • Feb 17
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 115% Cash payout ratio: 97% Dividend yield: 3.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 115% Cash payout ratio: 97% Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 14
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥42.81 (up from JP¥41.97 in FY 2024). Revenue: JP¥170.3b (flat on FY 2024). Net income: JP¥9.47b (up 2.0% from FY 2024). Profit margin: 5.6% (up from 5.5% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.5%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Announcement • Feb 13
Pola Orbis Holdings Inc., Annual General Meeting, Mar 27, 2026 Pola Orbis Holdings Inc., Annual General Meeting, Mar 27, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥31.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 30 March 2026. The company is paying out more than 100% of its profits and is paying out 87% of its cash flow. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Announcement • Dec 03
Pola Orbis Holdings Inc. to Report Fiscal Year 2025 Results on Feb 13, 2026 Pola Orbis Holdings Inc. announced that they will report fiscal year 2025 results on Feb 13, 2026 Reported Earnings • Nov 08
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: JP¥13.60 (up from JP¥2.50 loss in 3Q 2024). Revenue: JP¥41.7b (flat on 3Q 2024). Net income: JP¥3.01b (up JP¥3.56b from 3Q 2024). Profit margin: 7.2% (up from net loss in 3Q 2024). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Declared Dividend • Sep 06
First half dividend of JP¥31.00 announced Dividend of JP¥31.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 30th March 2026 Dividend yield will be 4.0%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (179% earnings payout ratio). However, it is covered by cash flows (87% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 99% to bring the payout ratio under control. EPS is expected to grow by 52% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Sep 02
Pola Orbis Holdings Inc. to Report Q3, 2025 Results on Nov 07, 2025 Pola Orbis Holdings Inc. announced that they will report Q3, 2025 results on Nov 07, 2025 Reported Earnings • Aug 07
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: JP¥15.06 (down from JP¥19.77 in 2Q 2024). Revenue: JP¥41.9b (down 2.4% from 2Q 2024). Net income: JP¥3.33b (down 24% from 2Q 2024). Profit margin: 7.9% (down from 10% in 2Q 2024). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 31%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥21.00 per share Eligible shareholders must have bought the stock before 27 June 2025. Payment date: 08 September 2025. The company is paying out more than 100% of its profits and is paying out 82% of its cash flow. Trailing yield: 3.9%. Lower than top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (2.3%). Announcement • May 14
Pola Orbis Holdings Inc. to Report First Half, 2025 Results on Aug 06, 2025 Pola Orbis Holdings Inc. announced that they will report first half, 2025 results on Aug 06, 2025 Reported Earnings • May 10
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: JP¥5.92 (down from JP¥14.13 in 1Q 2024). Revenue: JP¥41.3b (up 1.0% from 1Q 2024). Net income: JP¥1.31b (down 58% from 1Q 2024). Profit margin: 3.2% (down from 7.6% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 36%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Apr 11
Final dividend of JP¥21.00 announced Dividend of JP¥21.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 8th September 2025 Dividend yield will be 4.1%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (157% earnings payout ratio). However, it is covered by cash flows (82% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 74% to bring the payout ratio under control. EPS is expected to grow by 33% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Major Estimate Revision • Mar 25
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from JP¥47.58 to JP¥42.61 per share. Revenue forecast steady at JP¥173.8b. Net income forecast to grow 1.5% next year vs 4.4% growth forecast for Personal Products industry in Japan. Consensus price target down from JP¥1,288 to JP¥1,224. Share price was steady at JP¥1,293 over the past week. Announcement • Mar 04
Pola Orbis Holdings Inc. to Report Q1, 2025 Results on May 09, 2025 Pola Orbis Holdings Inc. announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Feb 16
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: JP¥41.97 (down from JP¥43.69 in FY 2023). Revenue: JP¥170.4b (down 1.7% from FY 2023). Net income: JP¥9.29b (down 3.9% from FY 2023). Profit margin: 5.5% (down from 5.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Feb 14
Pola Orbis Holdings Inc., Annual General Meeting, Mar 27, 2025 Pola Orbis Holdings Inc., Annual General Meeting, Mar 27, 2025. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥31.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 31 March 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.3%). Announcement • Dec 04
Pola Orbis Holdings Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Pola Orbis Holdings Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 Announcement • Nov 28
Pola Orbis Holdings Inc. Announces Executive Changes, Effective January 1, 2025 Pola Orbis Holdings Inc. announced personnel changes effective January 1, 2025. The company had announced the appointment of Hiroe Yamaguchi as Senior Corporate Officer from current position of Representative Director and President at DECENCIA INC. The company also announced the retirement of Miki Oikawa as Senior Corporate Officer in charge of Group Diversity; Noriko Suenobu as Corporate Officer in charge of Group Research and Intellectual Property & Regulatory Affairs. The company announced the retirement of Naotaka Hashi as Corporate Officer in charge of PR, IR, CSR and Sustainability and appointed him as Corporate Officer in charge of Corporate Planning, Sustainable Management at POLA INC. Changes in supervisory role/Changes in name of supervisory role: Naoki Kume from Director and Vice President in charge of Finance, Legal and Administration to Director and Vice President in charge of Finance, Legal, Administration and IR. Shinya Chiba from Corporate Officer in charge of Group QCD Management General Manager of QCD Management Division to Corporate Officer in charge of Group QCD Management, Intellectual Property & Regulatory Affairs and Sustainability General Manager of QCD Management Division. Buy Or Sell Opportunity • Nov 18
Now 21% overvalued Over the last 90 days, the stock has fallen 5.0% to JP¥1,380. The fair value is estimated to be JP¥1,142, 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 declined by 19%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Reported Earnings • Nov 13
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: JP¥2.50 loss per share (down from JP¥8.50 profit in 3Q 2023). Revenue: JP¥41.6b (up 1.6% from 3Q 2023). Net loss: JP¥552.0m (down 129% from profit in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 15% per year. Announcement • Aug 27
Pola Orbis Holdings Inc. to Report Q3, 2024 Results on Nov 11, 2024 Pola Orbis Holdings Inc. announced that they will report Q3, 2024 results on Nov 11, 2024 Declared Dividend • Aug 07
First half dividend of JP¥31.00 announced Dividend of JP¥31.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 3.8%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (118% earnings payout ratio) and 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 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 31% to bring the payout ratio under control. EPS is expected to grow by 36% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Aug 06
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: JP¥16.95 (down from JP¥21.07 in 2Q 2023). Revenue: JP¥41.9b (down 4.1% from 2Q 2023). Net income: JP¥3.75b (down 20% from 2Q 2023). Profit margin: 8.9% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 42%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Jul 08
Now 21% overvalued Over the last 90 days, the stock has fallen 5.6% to JP¥1,341. The fair value is estimated to be JP¥1,112, 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 declined by 10%. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Price Target Changed • Jun 19
Price target decreased by 8.5% to JP¥1,405 Down from JP¥1,536, the current price target is an average from 8 analysts. New target price is 6.2% above last closing price of JP¥1,323. Stock is down 38% over the past year. The company is forecast to post earnings per share of JP¥51.72 for next year compared to JP¥43.69 last year. Announcement • Jun 13
Pola Orbis Holdings Inc. to Report Q2, 2024 Results on Aug 05, 2024 Pola Orbis Holdings Inc. announced that they will report Q2, 2024 results on Aug 05, 2024 Buy Or Sell Opportunity • May 30
Now 20% overvalued Over the last 90 days, the stock has fallen 12% to JP¥1,328. The fair value is estimated to be JP¥1,104, 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 declined by 10%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • May 11
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: EPS: JP¥14.13 (up from JP¥12.40 in 1Q 2023). Revenue: JP¥40.9b (down 3.0% from 1Q 2023). Net income: JP¥3.13b (up 14% from 1Q 2023). Profit margin: 7.6% (up from 6.5% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.7%. Earnings per share (EPS) exceeded analyst estimates by 21%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • May 09
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to JP¥1,542. The fair value is estimated to be JP¥1,261, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Declared Dividend • Apr 11
Final dividend of JP¥21.00 announced Dividend of JP¥21.00 is the same as last year. Ex-date: 27th June 2024 Payment date: 9th September 2024 Dividend yield will be 3.7%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is not covered by earnings (150% earnings payout ratio) and 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 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 66% to bring the payout ratio under control. EPS is expected to grow by 43% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Mar 22
Pola Orbis Holdings Inc Announces Executive Changes Pola Orbis Holdings Inc. Changes in supervisory role, Naotaka Hashi New supervisory role is Corporate Officer in charge of PR, IR, CSR and Sustainability from Current supervisory role of Corporate Officer in charge of PR, IR, CSR and Sustainability General Manager of Corporate Communications Division. The company also announced the appointment of Hiromi Kumamoto to New position of General Manager of Corporate Communications Division from the General Manager of Administration Division. The company also announced the appointment of Yuta Abe to New position of General Manager of Legal & Administration Division from the Corporate Communications . Buy Or Sell Opportunity • Mar 22
Now 21% overvalued Over the last 90 days, the stock has fallen 8.6% to JP¥1,470. The fair value is estimated to be JP¥1,220, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Buy Or Sell Opportunity • Mar 06
Now 20% overvalued Over the last 90 days, the stock has fallen 7.0% to JP¥1,466. The fair value is estimated to be JP¥1,221, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 3.5% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Announcement • Mar 01
Pola Orbis Holdings Inc. to Report Q1, 2024 Results on May 09, 2024 Pola Orbis Holdings Inc. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Feb 16
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: JP¥43.69 (down from JP¥51.74 in FY 2022). Revenue: JP¥173.3b (up 4.2% from FY 2022). Net income: JP¥9.67b (down 16% from FY 2022). Profit margin: 5.6% (down from 6.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Feb 14
Pola Orbis Holdings Inc., Annual General Meeting, Mar 28, 2024 Pola Orbis Holdings Inc., Annual General Meeting, Mar 28, 2024. Price Target Changed • Feb 13
Price target decreased by 8.8% to JP¥1,690 Down from JP¥1,852, the current price target is an average from 6 analysts. New target price is 9.3% above last closing price of JP¥1,546. Stock is down 12% over the past year. The company is forecast to post earnings per share of JP¥56.50 for next year compared to JP¥51.74 last year. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥31.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.0%). Price Target Changed • Dec 13
Price target decreased by 7.9% to JP¥1,705 Down from JP¥1,852, the current price target is an average from 8 analysts. New target price is 7.7% above last closing price of JP¥1,584. Stock is down 15% over the past year. The company is forecast to post earnings per share of JP¥56.03 for next year compared to JP¥51.74 last year. Announcement • Dec 05
Pola Orbis Holdings Inc. to Report Fiscal Year 2023 Results on Feb 14, 2024 Pola Orbis Holdings Inc. announced that they will report fiscal year 2023 results on Feb 14, 2024 Announcement • Nov 20
Pola Orbis Holdings Inc. Announces Executive Changes as of January 1, 2024 Pola Orbis Holdings Inc. announced executive changes as of January 1, 2024: Takahiro Tabata, Corporate Officer in charge of Group International Business as Corporate Officer in charge of Global Management; Takako Okabe, General Manager of International Business Management Division as General Manager of Global Business Strategy Division; Jotaro Wachi, General Manager of POLA Global Business Division as General Manager of Global Business Support Division; Megumi Takechi, Intellectual Property & Regulatory Affairs Center as Chief of Intellectual Property & Regulatory Affairs Center; Hidetaka Akatsuka, Multiple Intelligence Research Center as Chief of Multiple Intelligence Research Center. Reported Earnings • Nov 01
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: JP¥8.50 (down from JP¥9.63 in 3Q 2022). Revenue: JP¥40.9b (flat on 3Q 2022). Net income: JP¥1.88b (down 12% from 3Q 2022). Profit margin: 4.6% (down from 5.2% in 3Q 2022). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 33%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Aug 27
Pola Orbis Holdings Inc. to Report Q3, 2023 Results on Oct 30, 2023 Pola Orbis Holdings Inc. announced that they will report Q3, 2023 results on Oct 30, 2023 Reported Earnings • Aug 01
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: JP¥21.07 (up from JP¥16.83 in 2Q 2022). Revenue: JP¥43.7b (up 6.4% from 2Q 2022). Net income: JP¥4.66b (up 25% from 2Q 2022). Profit margin: 11% (up from 9.1% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 56%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥21.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 06 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (1.6%). Announcement • May 28
Pola Orbis Holdings Inc. to Report Q2, 2023 Results on Jul 31, 2023 Pola Orbis Holdings Inc. announced that they will report Q2, 2023 results on Jul 31, 2023 Reported Earnings • Mar 31
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥51.74 (down from JP¥53.04 in FY 2021). Revenue: JP¥166.3b (down 6.9% from FY 2021). Net income: JP¥11.4b (down 2.5% from FY 2021). Profit margin: 6.9% (up from 6.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Personal Products industry in Japan. 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 4% per year, which means it is significantly lagging earnings. Announcement • Feb 16
Pola Orbis Holdings Inc., Annual General Meeting, Mar 28, 2023 Pola Orbis Holdings Inc., Annual General Meeting, Mar 28, 2023. Reported Earnings • Feb 15
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: JP¥51.74 (down from JP¥53.04 in FY 2021). Revenue: JP¥166.3b (down 6.9% from FY 2021). Net income: JP¥11.4b (down 2.5% from FY 2021). Profit margin: 6.9% (up from 6.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Personal Products industry in Japan. 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 8% per year, which means it is significantly lagging earnings. Announcement • Feb 14
Pola Orbis Holdings Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023 Pola Orbis Holdings Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects net sales of ¥180,000 million, operating income of ¥15,100 million, profit attributable to owners of parent of ¥10,000 million and net income per share of ¥45.20. Announcement • Feb 05
Pola Orbis Holdings Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023 Pola Orbis Holdings Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of JP¥31.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 71% and the cash payout ratio is 91%. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%). Reported Earnings • Nov 17
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥9.63 (up from JP¥7.12 in 3Q 2021). Revenue: JP¥40.9b (down 2.9% from 3Q 2021). Net income: JP¥2.13b (up 35% from 3Q 2021). Profit margin: 5.2% (up from 3.7% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Nov 16
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 Hikaru Usami Yamamoto was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: JP¥9.63 (up from JP¥7.12 in 3Q 2021). Revenue: JP¥40.9b (down 2.9% from 3Q 2021). Net income: JP¥2.13b (up 35% from 3Q 2021). Profit margin: 5.2% (up from 3.7% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Personal Products industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. 
